ICT sector: production value 2012-2021

The production value of the total information and communication industry in Slovakia increased by 580.4 million euros (+5.79 percent) in 2021 in comparison to the previous year. With 10.6 billion euros, the production value thereby reached its highest value in the observed period.
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 capitalized production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.

Annual production value of the information and communication technology (ICT) sector in Slovakia from 2012 to 2021 (in million euros)

Characteristic	Annual production value in million euros
2021	10,603.15
2020	10,022.8
2019	10,509.7
2018	10,144.4
2017	10,234.6
2016	10,441.6
2015	10,283.6
2014	10,130.6
2012	10,246.2

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Release date

March 2024

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Region

Slovakia

Survey time period

2012 to 2021

Supplementary notes

Data for 2013 was held confidential by the source.
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 code ICT of CE Rev. 2.

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