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Economy of Slovakia vs Zimbabwe compared: GDP & Debt

Updated on by Georank

Slovakia has a GDP of $155B compared to $51.2B for Zimbabwe, ranking 60/197 and 95/197 by economy size, respectively.

Slovakia has $95.3B in government debt (61.6% of GDP), compared to $22.4B (43.8% of GDP) in Zimbabwe.

Slovakia vs Zimbabwe GDP by year

Slovakia
Zimbabwe
1x
Year GDP, current $
Slovakia Zimbabwe
2025 $154,530,066,507 $51,215,643,906
2024 $140,934,076,532 $41,521,975,830
2023 $133,578,518,424 $35,871,781,303
2022 $115,792,972,358 $40,757,585,309
2021 $120,511,265,913 $41,287,852,524
2020 $107,732,602,896 $31,979,753,645
2019 $105,843,498,304 $33,360,632,553
2018 $106,611,673,365 $34,141,666,667
2017 $95,978,130,735 $51,035,657,371
2016 $90,347,173,229 $20,559,250,000
2015 $89,178,548,717 $19,973,250,000
2014 $101,713,075,599 $19,505,500,000
2013 $99,134,277,850 $19,100,750,000
2012 $94,724,394,278 $17,123,500,000
2011 $99,705,104,723 $14,109,000,000
2010 $91,112,160,801 $12,047,750,000
2009 $89,342,984,698 $9,670,750,000
2008 $96,685,492,864 $4,418,000,000
2007 $77,019,443,089 $5,294,750,000
2006 $57,111,148,619 $5,446,750,000
2005 $48,823,790,951 $5,758,250,000
2004 $42,960,730,480 $5,808,500,000
2003 $33,761,723,946 $5,730,500,000
2002 $24,768,142,566 $6,345,250,000
2001 $21,377,597,035 $6,780,750,000
2000 $20,626,538,612 $6,693,250,000
1999 $20,813,421,086 $6,861,500,000
1998 $22,911,708,405 $6,405,250,000
1997 $22,026,728,498 $8,534,000,000
1996 $21,864,845,214 $8,557,500,000
1995 $20,306,095,054 $7,115,000,000
1994 $16,187,735,322 $6,894,250,000
1993 $13,991,963,247 $6,567,250,000
1992 $12,932,972,789 $6,755,000,000
1991 $11,952,983,608 $8,646,000,000
1990 $17,068,924,602 $8,788,301,546
1989 - $8,290,553,535
1988 - $7,818,774,177
1987 - $6,744,657,033
1986 - $6,220,698,247
1985 - $5,640,137,575
1984 - $6,355,369,172
1983 - $7,768,031,182
1982 - $8,544,060,905
1981 - $8,015,464,252
1980 - $6,682,278,300
1979 - $5,180,102,910
1978 - $4,353,822,343
1977 - $4,366,610,469
1976 - $4,320,576,877
1975 - $4,373,532,601
1974 - $3,984,194,614
1973 - $3,311,043,292
1972 - $2,679,096,597
1971 - $2,179,828,710
1970 - $1,885,168,339
1969 - $1,748,891,294
1968 - $1,480,355,355
1967 - $1,397,715,282
1966 - $1,282,403,936
1965 - $1,312,105,394
1964 - $1,217,759,447
1963 - $1,160,103,724
1962 - $1,118,172,226
1961 - $1,097,206,526
1960 - $1,053,528,036

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/slovakia/zimbabwe | CC BY

GDP per capita in Slovakia vs Zimbabwe by year

Slovakia
GDP per capita

GDP per capita, PPP
Zimbabwe
GDP per capita

GDP per capita, PPP
1x
Year Current $
Slovakia Zimbabwe
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $28,544 - $3,021 -
2024 $25,993 $48,132 $2,496 $5,928
2023 $24,615 $45,974 $2,195 $5,791
2022 $21,318 $41,562 $2,536 $5,396
2021 $22,123 $38,346 $2,614 $4,827
2020 $19,735 $35,328 $2,060 $4,179
2019 $19,406 $33,986 $2,185 $4,166
2018 $19,573 $31,510 $2,271 $3,993
2017 $17,646 $30,246 $3,445 $10,756
2016 $16,636 $29,868 $1,408 $4,275
2015 $16,442 $30,148 $1,387 $4,046
2014 $18,771 $29,108 $1,373 $3,903
2013 $18,313 $28,075 $1,363 $3,784
2012 $17,517 $27,023 $1,239 $3,472
2011 $18,469 $26,202 $1,038 $3,047
2010 $16,899 $25,382 $902 $2,661
2009 $16,587 $23,077 $736 $2,233
2008 $17,974 $23,714 $341 $1,987
2007 $14,330 $21,232 $414 $2,396
2006 $10,629 $18,906 $431 $2,454
2005 $9,087 $16,570 $461 $2,496
2004 $7,997 $15,166 $470 $2,591
2003 $6,283 $14,088 $468 $2,708
2002 $4,606 $13,292 $525 $3,238
2001 $3,974 $12,367 $566 $3,533
2000 $3,828 $11,370 $563 $3,429
1999 $3,857 $10,726 $582 $3,491
1998 $4,250 $10,666 $552 $3,527
1997 $4,092 $10,137 $751 $3,457
1996 $4,069 $9,500 $767 $3,372
1995 $3,787 $8,812 $648 $3,051
1994 $3,028 $8,178 $634 $3,012
1993 $2,627 $7,569 $605 $2,703
1992 $2,438 $7,270 $631 $2,651
1991 $2,254 $7,623 $831 $2,930
1990 $3,221 $8,638 $867 $2,757
1989 - - $840 -
1988 - - $816 -
1987 - - $726 -
1986 - - $693 -
1985 - - $649 -
1984 - - $757 -
1983 - - $959 -
1982 - - $1,096 -
1981 - - $1,069 -
1980 - - $949 -
1979 - - $779 -
1978 - - $665 -
1977 - - $677 -
1976 - - $687 -
1975 - - $717 -
1974 - - $674 -
1973 - - $579 -
1972 - - $483 -
1971 - - $406 -
1970 - - $361 -
1969 - - $346 -
1968 - - $302 -
1967 - - $294.4 -
1966 - - $278.7 -
1965 - - $294.3 -
1964 - - $281.9 -
1963 - - $277.1 -
1962 - - $275.7 -
1961 - - $279.2 -
1960 - - $276.6 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/slovakia/zimbabwe | CC BY

Slovakia's GDP per capita is $28,544, ranking 46/197, compared to $3,021 in Zimbabwe, ranking 146/197. Adjusted for purchasing power (GDP per capita PPP), Slovakia ranks 49th at $48,132, while Zimbabwe ranks 154th at $5,928.

Economic indicators

Slovakia Zimbabwe
Gross domestic product
$155B
2025
$51.2B
2025
GDP rank
60/197
2025
95/197
2025
GDP growth
0.81%
2024-2025
8.11%
2024-2025
GDP per capita
$28,544
2025
$3,021
2025
GDP per capita rank
46/197
2025
146/197
2025
GDP per capita, PPP
$48,132
2024
$5,928
2024
GDP per capita PPP rank
49/197
2024
154/197
2024
Government debt
$95.3B
2025
$22.4B
2025
Debt-to-GDP ratio
61.6%
2025
43.8%
2025
Government debt per person
$17,597
2025
$1,322
2025
Government debt per person rank
36/185
2025
134/185
2025
Average annual personal income after taxes
$17,518
2026
$2,800
2026
Market capitalization of domestic companies
$5.38B
2014
$2.46B
1999
Number of billionaires
2
2026
1
2026
Income share by richest 10%
18.8%
2023
40.5%
2019
Income share by poorest 10%
3.3%
2023
1.9%
2019
Government expenditure, % of GDP
48.7%
2025
15.5%
2025
Consumer prices inflation
4%
2024-2025
81.4%
2024-2025
Central bank interest rate n/a
35%
2024
Unemployment rate
5.4%
2025
12.1%
2024
Population
5376239
17443108

Spending and national debt comparison by year

Slovakia
Spending

Debt
Zimbabwe
Spending

Debt
1x
Year % of GDP
Slovakia Zimbabwe
Government spending Government debt Government spending Government debt
2025 48.7% 61.6% 15.5% 43.8%
2024 47.5% 59.7% 13.7% 70.4%
2023 48.2% 55.8% 21.1% 76.1%
2022 43.1% 57.8% 12.1% 66.8%
2021 44.8% 60.2% 12.4% 39.9%
2020 44.5% 58.4% 8.4% 56.8%
2019 40.6% 48% 7.7% 53.9%
2018 39.7% 49.3% 14.6% 33%
2017 39.8% 51.4% 21.1% 49%
2016 40.9% 52.1% 17% 35.1%
2015 44.1% 51.6% 14.9% 34.1%
2014 42% 53.4% 14.2% 29.2%
2013 41.1% 54.6% 15.2% 26.4%
2012 40% 51.7% 14.8% 27.2%
2011 40.8% 43.3% 16.5% 30%
2010 41% 40.7% 13.1% 33.2%
2009 43.2% 36.4% 8.02% 39.7%
2008 36.5% 28.6% 2.57% 41.3%
2007 35.9% 30.4% 3.46% 30.2%
2006 38.2% 31.5% 5.79% 26.7%
2005 39.1% 35% 10.6% 22.4%
2004 38.4% 42% - -
2003 40% 43.6% - -
2002 46% 45.6% - -
2001 46.2% 51.4% - -
2000 53.2% 50.6% - -
1999 48.4% 47.1% - -
1998 46.2% 33.9% - -
1997 48.6% 32.8% - -
1996 52.8% 30.3% - -
1995 47.8% 21.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/slovakia/zimbabwe | CC BY

In 2025, Slovakia's government spending was $75.3B, accounting for 48.7% of its GDP, while Zimbabwe spent $7.92B, or 15.5% of GDP.

Debt-to-GDP ratio is 61.6% in Slovakia and 43.8% in Zimbabwe, ranking 74/185 and 120/185, respectively.

Government deficit by year

Deficit/surplus
Slovakia

Zimbabwe
1x
Year Deficit/surplus, % of GDP
Slovakia Zimbabwe
2025 -5.02% 0.08%
2024 -5.5% -0.76%
2023 -5.3% -9.45%
2022 -1.56% -1%
2021 -5.09% -1.83%
2020 -5.3% 0.53%
2019 -1.21% -0.06%
2018 -1.01% -4.55%
2017 -0.98% -8.68%
2016 -2.59% -4.99%
2015 -2.78% -1.61%
2014 -3.25% -0.87%
2013 -2.86% -1.21%
2012 -4.37% -0.35%
2011 -4.36% -1.98%
2010 -7.44% -0.4%
2009 -8.18% -1.48%
2008 -2.54% -1.22%
2007 -2.26% -1.71%
2006 -3.57% -1.46%
2005 -2.86% -3.58%
2004 -2.36% -
2003 -2.28% -
2002 -8.35% -
2001 -7.74% -
2000 -12.7% -
1999 -7.25% -
1998 -5.37% -
1997 -6.24% -
1996 -9.72% -
1995 -3.43% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/slovakia/zimbabwe | CC BY

In 2025, Slovakia's government deficit, the difference between spending and revenue, was $7.75B, equivalent to 5.02% of GDP. This compares to Zimbabwe's surplus of $41.9M, or 0.08% of GDP.

Over the past 21 years, Slovakia recorded a fiscal deficit in 21 of those years, while Zimbabwe ran a deficit in 19 years. On average, Slovakia posted an annual deficit equal to 3.71% of GDP, compared to deficit of 2.22% of GDP for Zimbabwe.

Inflation comparison by year

Inflation
Slovakia

Zimbabwe
1x
Year Consumer prices inflation
Slovakia Zimbabwe
2025 4% 81.4%
2024 2.76% 736%
2023 10.5% 667%
2022 12.8% 193.4%
2021 3.15% 98.5%
2020 1.94% 557%
2019 2.66% 255.3%
2018 2.51% 10.6%
2017 1.31% 0.9%
2016 -0.52% -1.6%
2015 -0.33% -2.4%
2014 -0.08% -0.2%
2013 1.4% 1.6%
2012 3.61% 3.7%
2011 3.92% 3.5%
2010 0.96% 3%
2009 1.62% 6.2%
2008 4.6% -
2007 2.76% -
2006 4.48% -
2005 2.71% -
2004 7.55% -
2003 8.55% -
2002 3.13% -
2001 7.33% -
2000 12% -
1999 10.6% -
1998 6.67% -
1997 6.14% -

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (2009–2025, retrieved 2026-07-08).

GeoRank.org/economy/slovakia/zimbabwe | CC BY

Over the past 17 years, Slovakia has recorded an average annual inflation rate of 3.07%, compared with 153.8% in Zimbabwe. In 2025, inflation was 4% in Slovakia and 81.4% in Zimbabwe.

Top exports between countries

Slovakia
Export category Export value
Machinery & equipment $7.52M
Raw materials & minerals $180K
Metals $89K
Chemicals & pharma $13K
Animal & marine products $5K
Zimbabwe
Export category Export value
Precious metals & jewellery $5K

Balance of trade

Slovakia Zimbabwe
Current account balance
-$5.6B
2025
$501M
2024
Current account balance ranking
165/190
2025
59/190
2024
Current account balance, % of GDP
-3.63%
2025
+1.21%
2024
Goods imports
$117B
2025
$9.06B
2024
Goods exports
$117B
2025
$7.79B
2024
Service imports
$14.3B
2025
$1.66B
2024
Service exports
$14.7B
2025
$457M
2024
Imports of goods and services, % of GDP
85.2%
2025
23.4%
2024
Exports of goods and services, % of GDP
85.1%
2025
18.1%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Slovakia Zimbabwe
Economic freedom 67.7 35.2
Economic freedom ranking 54/197 190/197
Property rights 82.6 19.4
Government integrity 57.2 20.7
Judicial effectiveness 70.5 16.8
Tax burden 75.4 73.6
Government spending 36.4 93.9
Fiscal health 69.6 52.4
Business freedom 71.1 42
Labor freedom 55.1 33.3
Monetary freedom 69.7 0
Trade freedom 79.4 50.4
Investment freedom 75 10
Financial freedom 70 10

Economic freedom comparison by year

Slovakia
Zimbabwe
1x
Year Economic freedom index
Slovakia Zimbabwe
2026 67.7 35.2
2025 68.4 35.1
2024 68.1 38.2
2023 69 39
2022 69.7 33.1
2021 66.3 39.5
2020 66.8 43.1
2019 65 40.4
2018 65.3 44
2017 65.7 44
2016 66.6 38.2
2015 67.2 37.6
2014 66.4 35.5
2013 68.7 28.6
2012 67 26.3
2011 69.5 22.1
2010 69.7 21.4
2009 69.4 22.7
2008 70 29.5
2007 69.6 32
2006 69.8 33.5
2005 66.8 35.2
2004 64.6 34.4
2003 59 36.7
2002 59.8 36.7
2001 58.5 38.8
2000 53.8 48.7
1999 54.2 47.2
1998 57.5 44.6
1997 55.5 48
1996 57.6 46.7
1995 60.4 48.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/slovakia/zimbabwe | CC BY

The Economic Freedom Index for Slovakia is 67.7, ranking 54/197, compared to 35.2 for Zimbabwe, ranking 190/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Slovakia Zimbabwe
Services, % of GDP
59.8%
2025
48.2%
2025
Industry, % of GDP
28.1%
2025
37.1%
2025
Agriculture, forestry, and fishing, % of GDP
1.59%
2025
9.47%
2025
GNI, Atlas method
$143B
2025
$45B
2025
GNI per capita, PPP
$47,920
2025
$6,390
2025
Total reserves including gold
$18.2B
2025
$485M
2024
Total reserves ranking
69/177
2025
159/177
2024
Net foreign direct investment
-$198M
2025
-$465M
2024
Net inflows of foreign direct investment
$5.01B
2024
$465M
2024
Net outflows of foreign direct investment
$2.24B
2024
$131M
2024
Servicing debt to the IMF, % of GNI n/a
3.44%
2024
Poverty at national poverty lines
13.7%
2021
38.3%
2019
Gross capital formation, % of GDP
20.1%
2025
8.85%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/slovakia/zimbabwe | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.