Slovak Economy Shows Mixed Turnover Trends as Industry Declines Continue

14 April 2026

Turnover across selected sectors in Slovakia showed a mixed performance in February 2026, with most sectors recording growth, while industry continued to decline, according to data from the Statistical Office of the Slovak Republic.

The industrial sector, a key component of the economy, recorded a year-on-year decrease in turnover of 5.3% in real terms, marking the second consecutive monthly decline. Out of 16 monitored industrial segments, nine reported lower turnover. The overall result was mainly affected by reduced activity in the manufacture of transport equipment, basic metals and wood products. These declines were partly offset by higher turnover in machinery and equipment production, electronics manufacturing, and energy supply.

In contrast, other sectors reported positive developments. The strongest growth was recorded in information and communication, where turnover increased by 15.5% year-on-year, the highest rate in over a year. More moderate increases were seen in selected market services, which rose by 2.6%, and construction, up 3.5%. Turnover in transport and storage remained largely unchanged, with a marginal increase of 0.1%.

On a month-on-month basis, seasonally adjusted data showed a more balanced picture. Turnover increased in industry, information and communication, and selected services, while construction and transport recorded declines compared to January.

The latest figures indicate that while parts of the Slovak economy continue to expand, the industrial sector remains under pressure, with ongoing weakness in key manufacturing segments weighing on overall performance.

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