Slovakia
Insights into the Slovak fintech ecosystem
The Slovak fintech ecosystem is a special market, due to a variety of reasons. The financial industry is innovative, because multiple international banking groups are operating in a local market under separate…Continue reading
Digitalization
- Internet usage (of pop.)
- 91%
- Did online shopping (age 15+)
- 55 – 57%
- Paid bills via internet (age 15+)
- 66 – 67%
- Accessed a bank account online (age 15+)
- 56 – 58%
- Paid utility bills using a mobile phone (age 15+)
- 6 – 8%
- Made or received digital payments (age 15+)
- 88 – 89%
Data overview for Slovakia
Digitalization
- Internet usage (of pop.)
- 91%
- Did online shopping (age 15+)
- 55 – 57%
- Paid bills via internet (age 15+)
- 66 – 67%
- Accessed a bank account online (age 15+)
- 56 – 58%
- Paid utility bills using a mobile phone (age 15+)
- 6 – 8%
- Made or received digital payments (age 15+)
- 88 – 89%
Macro data
- Population 2020
- 5.4M
- GDP Total 2020
- €96.7B
- GDP per capita 2020 (PPP)
- €29,100
- GDP forecast 2021
- 5.02%
- Trade Flows (% of GDP)
- 160.9%
Banking data
- Total bank assets 2020
- €91.6B
- Total bank assets 2020/GDP
- 101%
- Account ownership (age 15+)
- 91 – 92%
- Debit card ownership (age 15+)
- 88 – 90%
Economic data
- Unemployment
- 7.4%
- Currency
- EUR
- Remittances (% of GDP)
- 1.8%
- Private Consumption (yoy)
- 3%
Data provided by Raiffeisen Research, Sources
Slovakia compared to other CEE countries
Slovakia
- Internet usage (of pop.)
- 91%
- Did online shopping (age 15+)
- 55 – 57%
- Paid bills via internet (age 15+)
- 66 – 67%
- Accessed a bank account online (age 15+)
- 56 – 58%
Austria
Czech Republic
PolandData provided by Raiffeisen Research, Sources