Country
Slovak Republic SVK
score date 2026-10-10 · 30d +0.5
Seven dimensions
Credibility gap88.4
IMF / national CPI · as of 2026-06-01 · coverage: silver
Behind the curve52.6
BIS policy rates + CPI · as of 2026-10-06 · coverage: silver
Communication76.5
Central-bank statements · as of 2026-10-10 · coverage: silver
Geopolitical48.8
GDELT · as of 2026-10-10 · coverage: silver
Growth36.9
World Bank WDI / IMF WEO · as of 2026-10-10 · coverage: silver
Liquidity39.6
IMF BOP / BIS / FRED · as of 2026-10-10 · coverage: silver
Governance59.9
World Bank WGI · as of 2026-10-10 · coverage: silver
Slovak Republic sovereign credibility, in brief
Slovak Republic scores 58.7 out of 100 on the composite sovereign credibility index — credibility band 50–65. That ranks it 21 of 31 in Europe & Central Asia, the 36th percentile of the region. The score is unchanged over the past seven days. CPI 3.4% vs 2.0% target (+1.4pp) — mild overshoot | credibility under pressure (59/100).
As of 2026-10-10 · scored daily from public data under methodology v8
Executive summary
written 11 Oct · score 10 OctSlovakia's composite score of 58.7 sits below the regional average, mainly because inflation runs 1.4 points above target.
- Composite position: Slovakia ranks 21st of 31 in Europe & Central Asia, 1.6 points below the regional average of 60.3.
- Inflation vs target: CPI is 3.4% against a 2.0% point target, giving a credibility gap score of 88.4/100.
- Policy stance: Monetary policy is set by the ECB, and the behind-the-curve score is a mid-range 52.6/100.
- Communication: The communication score of 76.5/100 is a relative strength, but it does not close the inflation gap.
- Geopolitics: Pressure scores 48.8/100, and most recent events are domestic crime stories with little macro effect.
- Watch item: The next CPI print and ECB decision will show whether the 1.4-point gap is narrowing.
Peer context
Rank 21/31 in Europe & Central Asia · 36th percentile
Region avg 60.3 · best 68.3 · worst 47.4
Ranked either side
- Turkmenistan 59.1
- Belarus 58.9
- Spain 58.6
- Cyprus 58.0
90-day trend
External pulse
- Commodity terms-of-trade, 12m change
- -1.6%
- as of 2026-10-11
- Electricity demand, YoY
- +5.1%
- as of 2026-06-01
- Industrial production, YoY
- +0.3%
- as of 2026-05-01
Terms-of-trade: IMF Commodity Terms of Trade · Electricity: Ember (CC BY 4.0) · Industrial production: Eurostat, © European Union (CC BY 4.0)
Key indicators
Inflation & rates
| 10Y sovereign yield | 3.8% | 2026-08-01 | FRED |
External & activity
| Cpi monthly index | 103.5 | 2026-06-01 | ILO CPI |
| Current account (% GDP) | -3.6% | 2025-12-31 | World Bank |
| Electricity demand (TWh) | 2.0 | 2026-06-01 | Ember |
| FDI inflows (% GDP) | 1.3% | 2025-12-31 | World Bank |
| GDP growth, annual | 0.8% | 2025-12-31 | World Bank |
| Industrial production index (2021=100) | 96.8 | 2026-05-01 | Eurostat |
| Nightlights radiance (monthly sum) | 272.5K | 2025-12-01 | World Bank / NASA Black Marble |
| Nightlights radiance, YoY | -9.5% | 2025-12-01 | derived |
| Remittances (% GDP) | 2.1% | 2025-12-31 | World Bank |
| Reserves (months of imports) | 1.5 mo | 2025-12-31 | World Bank |
| Retail sales volume index (2021=100) | 102.8 | 2026-05-01 | Eurostat |
| Retail sales volume, YoY | 0.8% | 2026-05-01 | Eurostat |
| Trade openness (% GDP) | 170.3% | 2025-12-31 | World Bank |
| Unemployment rate | 5.4% | 2025-12-31 | World Bank |
| Unemployment rate (ILO) | 5.4% | 2025-12-31 | ILO |
Structure
| GDP per capita (USD) | $28,544 | 2025-12-31 | World Bank |
| Labor force participation | 61.2% | 2025-12-31 | ILO |
| WGI: control of corruption | 0.1 | 2025-12-31 | World Bank |
| WGI: government effectiveness | 0.6 | 2025-12-31 | World Bank |
| WGI: political stability | 0.7 | 2025-12-31 | World Bank |
| WGI: regulatory quality | 0.4 | 2025-12-31 | World Bank |
| WGI: rule of law | 0.5 | 2025-12-31 | World Bank |
| WGI: voice & accountability | 0.8 | 2025-12-31 | World Bank |
Eurostat, © European Union (CC BY 4.0) · Nightlights: World Bank / NASA Black Marble VIIRS (CC BY 4.0)
Follow the moves
Every figure above is recomputed daily from public data, with the source and as-of date shown for each one. The weekly briefing says which scores moved, and why.