Population, Total for Slovakia

POPTOTSKA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5,422,069.00

Year-over-Year Change

0.27%

Date Range

1/1/1960 - 1/1/2024

Summary

The 'Population, Total for Slovakia' trend measures the total population of Slovakia, providing important insights into demographic shifts and economic growth.

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 economic indicator tracks the overall population of Slovakia, a key measure for understanding the country's labor force, consumer base, and development. It is widely used by economists, policymakers, and analysts to assess economic and social trends.

Methodology

The data is collected and reported by the World Bank using official government sources.

Historical Context

This population statistic is crucial for informing economic and social policies in Slovakia.

Key Facts

  • Slovakia's population was 5.45 million as of 2021.
  • Population growth rate in Slovakia averaged 0.05% from 2010-2020.
  • The median age in Slovakia is 40.3 years.

FAQs

Q: What does this economic trend measure?

A: The 'Population, Total for Slovakia' trend measures the total number of people residing in Slovakia, providing crucial demographic data for the country.

Q: Why is this trend relevant for users or analysts?

A: This population statistic is essential for understanding Slovakia's labor force, consumer base, and overall economic and social development.

Q: How is this data collected or calculated?

A: The data is collected and reported by the World Bank using official government sources.

Q: How is this trend used in economic policy?

A: This population data is used by policymakers, economists, and analysts to inform economic and social policies in Slovakia.

Q: Are there update delays or limitations?

A: The data is reported annually with a short delay, and may be subject to revisions by the source.

Related Trends

Citation

U.S. Federal Reserve, Population, Total for Slovakia (POPTOTSKA647NWDB), retrieved from FRED.