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Slovak Republic GDP per capita has been converging steadily towards the upper half of OECD countries, albeit at a slower pace since the crisis. The shortfall with respect to the best performing countries remains high, because of lagging productivity and low employment rates of older workers and young women. Income distribution is relatively even compared to other advanced OECD countries. However, poverty is concentrated among marginalised Roma, who suffer from social and economic exclusion. Greenhouse gas emissions per capita remain well below the OECD average, but air pollution is high. Some improvement has been achieved in the domain of public sector efficiency, thanks in particular to significantly better tax collection and the Value for Money initiative, which incorporates evidence-based analysis into policy making. Pre-school facilities continue to expand and free meals for children in their final year of nursery school were introduced. Public sector efficiency remains weak and pursuing its reform should be a top priority. Particular attention should focus on reforms in education and health care. This should be accompanied by policies enhancing integration of women in the labour market and the social inclusion of Roma. Growth performance, inequality and environment indicators: Slovak Republic A. Growth Average annual growth rates (%) GDP per capita Labour utilisation of which: Labour force participation rate 1
Employment rate Employment coefficient2 Labour productivity of which: Capital deepening Total factor productivity Dependency ratio
2002-08 7.0 1.2 0.0 1.8 -0.6 5.3 0.5 4.7 0.5
2012-18 3.0 1.5 0.2 1.4 -0.1 1.6 0.1 1.5 -0.1
GHG emissions per capita4 (tonnes of CO2 equivalent) GHG emissions per unit of GDP4 (kg of CO2 equivalent per USD) Share in global GHG emissions4 (%) * OECD simple average (weighted average for emissions data)
Gap to the upper half of OECD countries5 Per cent 0
-10
-20
-30
B. Inequality and environment
Gini coefficient3 Share of national disposable income held by the poorest 20%
C. Gaps in GDP per capita and productivity have continued to narrow
Level
Annual variation (percentage points)
2016 24.1 (31.7)*
2013-16 -0.9 (0)*
9.1 (7.6)*
0.1 (0)*
2016 6.3 (10.9)* 0.2 (0.3)* 0.1
Average of levels 2010-16 6.6 (11.3)* 0.2 (0.3)* 0.1
-40
-50 GDP per capita -60
GDP per hour worked
-70
Source: Panel A: OECD, Economic Outlook Database; Panel B: OECD, Income Distribution and National Accounts Databases; United Nations Framework Convention on Climate Change (UNFCCC) Database and International Energy Agency (IEA), Energy Database; Panel C: OECD, National Accounts and Productivity Databases. StatLink 2 https://doi.org/10.1787/888933955313