Source
Central bank

National Bank of Slovakia

International Reserves

USD 1.8 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 94.8 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 178.4 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
8.5% 10.8% 5.7% -5.5% 5.1% 2.8% 1.5%
2013 2014 2015 2016* 2017*    
1.4% 2.5% 3.6% 3.4% 3.3%    

*Estimate

GDP per capita - current prices

USD 17,475.7 (2017, estimate)

GDP per capita - PPP

Intl$ 32,895.4 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
N/A N/A 0.14% 0.15% 0.1%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 3.6% 
  • industry: 31.6% 
  • services: 64.8%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

0.9% (2014)

OECD, data retrieved January 2017

Inflation
2013 2014 2015 2016* 2017*
1.5% -0.1% -0.3% -0.2% 1.1%

*Estimate

Unemployment rate
2013 2014 2015 2016* 2017*
14.2% 13.2% 11.5% 9.9% 8.8%

*Estimate

Household saving rates

3.1% (Total, 2015)

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
55% 53.9% 52.9% 52.8% 53%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-2.7% -2.7% -3% -2.3% -2.2%

*Estimate    

Government bond ratings

Standard & Poor's: A+

Moody's: A2

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
USD 4.8 billion N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -0.6 billion (2017 estimate)

Current account balance by percentage of GDP

-0.6% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

93.5% (2015)

Shares in world total merchandising export

0.5% (2015)

Shares in world total commercial services export

0.2% (2015)

Total exports

USD 74.4 billion (2016 estimate)

Export commodities

Vehicles and related parts 27%, machinery and electrical equipment 20%, nuclear reactors and furnaces 12%, iron and steel 4%, mineral oils and fuels 5% (2015 estimate)

Total imports

USD 71.5 billion (2016 estimate)

 
 
Source
Import commodities

Machinery and electrical equipment 20%, vehicles and related parts 14%, nuclear reactors and furnaces 12%, fuel and mineral oils 9% (2015 estimate)

Exports - major partners

Germany 22.7%, Czech Republic 12.5%, Poland 8.5%, Austria 5.7%, Hungary 5.7%, France 5.6%, UK 5.5%, Italy 4.5% (2015)

Imports - major partners

Germany 19.4%, Czech Republic 17.4%, Austria 9.1%, Hungary 6.3%, Poland 6.3%, South Korea 5.5%, Russia 5.2%, China 4.1% (2015)

FDI inflows
2013 2014 2015
USD -604 million USD -331 million USD 803 million
FDI outflows
2013 2014 2015
USD -313 million USD -123 million USD -183 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
USD -29.6 million N/A USD -14.0 million N/A
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

(for a monthly update on M&A; click here )

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

(for a monthly update on M&A; click here )

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 33 out of 190 countries (2017)

Subcategories:

Starting a business: 68 out of 190 countries

Enforcing Contracts: 82 out of 190 countries

Registering Property: 7 out of 190 countries

Getting Credit: 44 out of 190 countries

Protecting Minority Investors: 87 out of 190 countries

Trading Across Borders: 1 out of 190 countries

Paying Taxes: 56 out of 190 countries

Dealing with Construction Permits: 103 out of 190 countries

Getting Electricity: 53 out of 190 countries

Resolving Insolvency: 35 out of 190 countries

Global competitiveness ranking

65 out of 138 countries

(2016-2017)

 

 

Index of Economic Freedom

Ranking: 56 / Score: 66.55 (Moderately free) (2016)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+1

Total area

49,035 sq km

Capital

Bratislava 

Currency

euros (EUR) 

Government type

parliamentary democracy 

Languages

Slovak (official) 78.6%, Hungarian 9.4%, Roma 2.3%, Ruthenian 1%, other or unspecified 8.8% (2011 est.)

Religions

Roman Catholic 62%, Protestant 8.2%, Greek Catholic 3.8%, other or unspecified 12.5%, none 13.4% (2011 est.)

Total population
1990 2000 2010 2014* 2019**
N/A 5.377 million 5.422 million 5.417 million 5.45 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
33.5% 52% 56% 54%
Population median age

39.2 years (2014 estimate)

Population growth rate

0.03% (2014 est.)

Life expectancy

76.69 years (2014 estimate)

Adult literacy

99.6% (2004 estimate)

% of population living on less than $3.10 a day

0.5% (2011)

Inequality of wealth distribution (Gini index)

26.6 (2011)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 1
Civil Liberties: 1 (2014)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

Fixed 17.7%   Mobile 113.9%
(2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

77.88% (2013)

Mercer Cost of living index

Bratislava: 84th (2014)

CO2 emissions

6.7 (2010)

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