Palma ratio wb in Slovakia

Slovakia: Palma ratio wb was 0.7715 in 2023. ▼ Falling

Latest (2023)
0.7715
Change on year
up 1.1%
World rank
120th
of 120 countries
All-time high
1.1
in 2005
All-time low
0.6849
in 1992
Years of data
22
1992–2023

Palma ratio wb in Slovakia, 1992–2023

00.250.50.7511992200720231992: 0.6851996: 0.9112004: 0.9572005: 1.12006: 0.9042007: 0.8432008: 0.8952009: 0.9472010: 0.9512011: 0.9052012: 0.8822013: 0.9912014: 0.8782015: 0.9052016: 0.8352017: 0.7452018: 0.8192019: 0.7542020: 0.792021: 0.7872022: 0.7632023: 0.772

Source: Our World in Data.

Analysis

In 2023, palma ratio wb in Slovakia stood at 0.7715.

Compared with earlier readings it is up 1.1% on the previous year and down 22.1% over ten years.

Over the whole period, palma ratio wb in Slovakia peaked at 1.1 in 2005 and was at its lowest, 0.6849, in 1992.

Slovakia ranks 120th of 120 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 22 years of available data.

Palma ratio wb in Slovakia, year by year

Annual values for Palma ratio wb in Slovakia, 1992 to 2023.
Year Value Change
1992 0.6849 —
1996 0.9113 +33.1%
2004 0.9575 +5.1%
2005 1.1 +14.9%
2006 0.9039 -17.8%
2007 0.8425 -6.8%
2008 0.8955 +6.3%
2009 0.947 +5.8%
2010 0.9513 +0.4%
2011 0.9053 -4.8%
2012 0.8816 -2.6%
2013 0.9909 +12.4%
2014 0.8776 -11.4%
2015 0.9053 +3.2%
2016 0.8355 -7.7%
2017 0.745 -10.8%
2018 0.8193 +10.0%
2019 0.7544 -7.9%
2020 0.7903 +4.8%
2021 0.7873 -0.4%
2022 0.763 -3.1%
2023 0.7715 +1.1%

Slovakia compared with similar countries

  • Slovakia's 0.7715 is below the median for high income countries, which is 1.23, 63% of the median. (42 countries reporting)
  • Slovakia's 0.7715 is below the median for Europe & Central Asia, which is 1.13, 68% of the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.7981 0.6849 0.9113 2
2000s 0.9411 0.8425 1.1 6
2010s 0.8666 0.745 0.9909 10
2020s 0.778 0.763 0.7903 4

Countries ranked near Slovakia

  1. 117 Slovenia 0.8387 compare
  2. 118 Belarus 0.8347 compare
  3. 119 India 0.7931 compare

See the full ranking of 120 places →

More reference data data for Slovakia

All data for Slovakia →

Frequently asked questions

What is palma ratio wb in Slovakia?
Palma ratio wb in Slovakia was 0.7715 in 2023, according to Our World in Data.
What is the highest palma ratio wb recorded in Slovakia?
The highest recorded value was 1.1 in 2005.
What is the lowest palma ratio wb recorded in Slovakia?
The lowest recorded value was 0.6849 in 1992.
How does Slovakia rank for palma ratio wb?
Slovakia ranks 120th out of 120 countries with data for 2023.
Is palma ratio wb rising or falling in Slovakia?
Over the last ten years it is down 22.1%. The long-run trend across the full record is falling.
Where does this Slovakia data come from?
The figures come from Our World in Data, published as part of Palma ratio wb. Statizoid updates them automatically from the source API.

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Palma ratio wb in Slovakia. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/slovak-republic/

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About this data

Indicator
Palma ratio wb
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed