Population for Slovakia
POPTTLSKA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.46
Year-over-Year Change
1.08%
Date Range
1/1/1990 - 1/1/2019
Summary
The Population for Slovakia trend measures the total population of Slovakia over time. It is an important economic indicator for understanding demographic changes and their impact on the labor force, consumption, and other economic factors.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This trend represents the total number of people residing in Slovakia, including citizens and non-citizens. It is a key statistic for economists and policymakers to analyze population dynamics, such as growth, aging, and migration, and their implications for the Slovak economy.
Methodology
The data is collected by the national statistical office of Slovakia through population censuses and surveys.
Historical Context
Policymakers use this trend to inform decisions on social services, infrastructure, and economic development.
Key Facts
- Slovakia's population was 5.4 million as of 2021.
- The population has been declining since 2012 due to low birth rates and emigration.
- Slovakia has an aging population, with 19.3% of the population aged 65 or older in 2021.
FAQs
Q: What does this economic trend measure?
A: The Population for Slovakia trend measures the total number of people residing in the country over time.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding demographic changes and their impact on the Slovak economy, such as labor force dynamics, consumption patterns, and the demand for social services.
Q: How is this data collected or calculated?
A: The data is collected by the national statistical office of Slovakia through population censuses and surveys.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to inform decisions on social services, infrastructure, and economic development planning in Slovakia.
Q: Are there update delays or limitations?
A: There may be delays in the publication of the latest data due to the time required for data collection and processing by the national statistical office.
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Citation
U.S. Federal Reserve, Population for Slovakia (POPTTLSKA148NRUG), retrieved from FRED.