Lucintel Estimates Slovakia’s Economy to Reach $112.1 Billion by 2018


   January 1 2013
Slovakia is a modern, private sector oriented economy that has enjoyed increased economic growth encouraged by international demand. Slovakia is expected to witness modest growth over 2013-2018 and reach $112.1 billion at current price. Slovakia is heavily dependent upon the external sectors for its economic growth. To strengthen its growth potential and improve productivity, the Slovak government has plans to implement reform processes by 2020. The economy is among the moderate performers in comparison to other European countries, even in midst of the Euro economic crisis.
Lucintel, a leading global Management Consulting and market research firm, has conducted a competitive analysis on Slovakia and offers its findings in its research report, “Slovakia Country Analysis 2013-2018: An Evaluation of Political, Social, Economic, and Business Risk.”
Lucintel identifies a weak labor market, precarious financial situations among some Slovak households, and the need for fiscal consolidation measures by the government as major obstacles to achieve stronger economic growth in Slovakia. Drivers that are expected to give the Slovak economy competitive advantage are strong domestic demand and the presence of a lower cost, skilled labor force. Slovakia has a positive credit rating and is rated as an attractive business destination for investment. International demand is anticipated to increase, providing a boost to the Slovak economy.
This report will benefit managers of companies, fund managers, and PE firms that want to invest in Slovakia, as well as investors that seek a complete risk analysis of Slovakia’s economy from all perspectives: political, economic, social, and business. This report analyzes the impact of economic factors such as sovereign debt, fiscal deficit, and current account deficit on Slovakia’s economy and industrial outlook.
Lucintel’s analysis reports on Slovakia’s capability of dealing with internal and external forces. It evaluates the Slovak government’s measures to stabilize the economy in light of the current European debt crises. This report also analyses recent changes in monetary, fiscal, and trade policies and their impact on business in Slovakia in the coming years.
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. Lucintel offers a broad range of Industry Research Reports, Market Research Reports, and Management Consulting services.

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