This Survey is published on the responsibility of the Economic and Development Review Committee of the OECD, which is charged with the examination of the economic situation of member countries.The economic situation and policies of the Slovak Republic were reviewed by the Committee on 10 December 2018. The draft report was then revised in the light of the discussions and given final approval as the agreed report of the whole Committee on 9 January 2019.The Secretariat’s draft report was prepared for the Committee by Gabriel Machlica, Paul O’Brien and Claude Giorno under the supervision of Nicola Brandt and Peter Jarrett. The Survey also benefitted from consultancy work by Michaela Bednarik, Slavomir Hidaš and Sona Muzikarová. Statistical research assistance was provided by Klaus Pedersen, Isabelle Luong, Corinne Chanteloup, Damien Azzopardi and editorial support was provided by Elisabetta Pilati. The previous Survey of Slovak Republic was issued in June 2017.Information about the latest as well as previous Surveys and more information about how Surveys are prepared is available at www.oecd.org/eco/surveys.

The economy is flourishing; strong growth is set to continueCapacity constraints are beginning to bitePopulation ageing is the key long-term challengeNot everyone has benefited equally from growthSlovakia’s production focuses mainly on low value-added downstream activitiesImprove education and training to develop tomorrow’s skillsFoster entrepreneurship and innovation to support long-term growth

The Slovak economy remains strong. Employment has reached a record high, and unemployment is at its lowest level since 1993. Short-term growth prospects are good.

This Annex reviews actions taken on recommendations from the previous Survey that are not covered in tables within the main body of the Key Policy Insights chapter above. Recommendations that are new to this Survey are listed at the end of the Executive Summary and the relevant chapters.