Slovakia: ICT manufacturing industry production value 2020

The production value of the ICT manufacturing industry in Slovakia decreased by 479.8 million euros (-13.29 percent) in 2020 in comparison to the previous year. In 2020, the production value thereby reached its lowest value in the recent years.
The value of production is defined by Eurostat as the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services.

Find more key insights for the production value in countries like Czechia, Hungary, Poland, and Slovenia.

Annual production value of the information and communication technology (ICT) manufacturing industry in Slovakia from 2011 to 2020 (in million euros)

Characteristic	Annual production value in million euros
2020	3,131.6
2019	3,611.4
2018	3,940.2
2017	4,510.9
2016	5,089.1
2015	5,083.1
2014	5,440.5
2013	5,297.3
2012	5,625.1
2011	5,605.4

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Release date

March 2023

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Region

Slovakia

Survey time period

2011 to 2020

Supplementary notes

The source adds the following information: Production value measures the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services. The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalised production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.
Data coverage corresponds to Section C_ICT of NACE Rev2.

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