Slovak Republic

Country indicators

GDP per capita - gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. (Source: World Bank)

GDP per capita
(USD):

19,988.05

Fossil fuel subsidies (USD, billions) - All consumer and producer pre-tax subsidies. Pre-tax consumer subsidies exist when energy consumers pay prices that are below the costs incurred to supply them with this energy. (Source: IMF)

Fossil fuel subsidies (USD, billions):

n/a

Fossil Fuel Subsidies as % of GDP - All consumer and producer pre-tax subsidies as percent of a country’s GDP. (Source: IMF)

Fossil fuel subsidies
(% of GDP):

n/a-

Fossil Fuel Subsidies with externalities as % of GDP - All consumer and producer post-tax subsidies. Post-tax consumer subsidies exist if consumer prices for energy are below supply costs plus the efficient levels of taxation. (Source: IMF)

Fossil fuel subsidies with externalities (% of GDP):

2.22--

Revenue from environmentally related taxes as % of GDP - All revenue from environmentally related taxes - defined as any compulsory, unrequited payment to general government levied on tax-bases deemed to be of particular environmental relevance – as percent of a country’s GDP. (Source: OECD)

Revenue from environmentally related taxes (% of GDP):

2.016

Carbon pricing gap - Measure of how much countries fall short of pricing carbon emissions in line with a EUR 60 benchmark value (midpoint estimate of the carbon costs in 2020 and a low-end estimate for 2030). The difference is presented as percentage: If the Effective Carbon Rate (ECR) on all emissions is at least as high as the benchmark, the gap is zero, and if the ECR is zero throughout, the gap is 100%. (Source: OECD)

Carbon Pricing Gap
(%):

News

Slovakia to pull plug on coal subsidies from 2023

2018-12-05

19.11.2018 – According to economy minister Peter Ziga, Slovakia will phase out subsidies for coal mines supplying one of the country’s most polluting power plants from 2023, sooner than expected. Read

EU must not blindly sign up to a weak aviation carbon market

2018-12-05

14.11.2018 – As countries negotiate rules for offsetting airline emissions in Montreal, the EU should reserve its right to impose stronger regional policies. Replacing the EU ETS with Carbon Offsetting and

40% of EU budget should be dedicated to greening the economy

2018-11-19

09.11.2018 – According to the European Economic and Social Committee (EESC), an EU advisory body, the EU’s next multi-annual budget (2021-2027) should dedicate 40% of spending to the low-carbon economy and

Reports

Towards a green fiscal reform in the Slovak Republic (OECD)

2020-06-22

Environmental fiscal reforms are an essential building block to steer countries onto a sustainable long-term development path. This paper develops proposals for strengthening the role of market-based environmental policy instruments

Taxing Energy Use 2015 (OECD)

2017-05-05

This OECD report provides a systematic analysis of the structure and level of energy taxes in OECD and selected partner countries, which together cover 80% of global energy use. The

OECD-IEA inventory of fossil fuels and other support

2017-03-29

The OECD-IEA Inventory of Support Measures for Fossil Fuels provides updated fossil fuel support data for 34 OECD member countries and six partner countries, including a number of measures applied

Slovak Republic

Country indicators

News

Slovakia to pull plug on coal subsidies from 2023

EU must not blindly sign up to a weak aviation carbon market

40% of EU budget should be dedicated to greening the economy

Reports

Towards a green fiscal reform in the Slovak Republic (OECD)

Taxing Energy Use 2015 (OECD)

OECD-IEA inventory of fossil fuels and other support

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