Slovakia Country Profile

Slovakia Map

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NAME: Slovak Republic

CAPITAL: Bratislava

MAIN CITIES: Bratislava, Košice, Prešov, Žilina, Nitra

POPULATION: 5,470,306 (July 2010 est.)

OFFICIAL LANGUAGE: Slovak

CURRENCY: Euro

DIALLING CODE: +421

TIME ZONE: GMT+1

INTERNET DOMAIN: .sk

ECONOMY

Slovakia shares borders with the Czech Republic, Poland, Ukraine and Austria. The country has a stable economic and political environment and has a highly skilled and flexible workforce and low labour costs.

KEY INDUSTRIES

Metal & metal products
Food & beverages
Machinery
Electricity
Gas
Oil
Nuclear Fuel
Chemicals
Paper & printing
Ceramics
Transport vehicles
Textiles
Rubber products

EXPORTS €55.32 billion (2009 est.) Country comparison to the world: 43 EXPORTS – COMMODITIES Machinery & Electrical equipment Vehicles Base metals Chemicals & minerals Plastics
EXPORT PARTNERS Germany 19.91% Czech Republic 13.02% France 7.72% Poland 7.26% Hungary 6.48% Italy 6.06% Austria 5.88% UK 4.71%



IMPORTS:
$53.67 billion (2009 est.)country comparison to the world: 44 $73.62 billion (2008 est.)

IMPORTS – COMMODITIES:
Machinery and transport equipment Mineral products Vehicles Base metals Chemicals Plastics

IMPORTS – PARTNERS:
Germany 16.8% Czech Republic 12.3% Russia 9% South Korea 6.8% China 5.8% Hungary 5.3% Poland 4% (2009)

GDP (purchasing power parity):
$115.1 billion (2009 est.)country comparison to the world: 62 $120.8 billion (2008 est.) $113.7 billion (2007 est.) note: data are in 2009 US dollars

GDP (official exchange rate):
$88.21 billion (2009 est.)

GDP – real growth rate:
-4.7% (2009 est.)country comparison to the world: 184 6.2% (2008 est.) 10.6% (2007 est.)

GDP – per capita (PPP):
$21,100 (2009 est.)country comparison to the world: 58 $22,100 (2008 est.) $20,900 (2007 est.) note: data are in 2009 US dollars

GDP – composition by sector:
agriculture: 2.6%industry: 34.4% services: 63%