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Slovak Republic

Includes historical data for Slovak Republic’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

A Dynamic, Export-Oriented Economy

With a population of approximately 5.5 million, Slovakia boasts a dynamic, heavily export-oriented economy. A member of both the EU and the Eurozone, Slovakia’s strategic location near key Western European markets, skilled workforce, and robust banking sector make it an appealing destination for foreign direct investment (FDI). Slovakia is the world’s largest per capita car producer and a thriving center for consumer electronics industries. Other relevant sectors contributing to the economy are engineering, metallurgy, chemicals and pharmaceuticals, as well as tourism and service industries.

Despite these strengths, the investment climate presents challenges, including a high sensitivity to fluctuations in export demand, a shortage of skilled labor, and tax rates above the regional average.

Macroeconomy & Sovereign Data

Type of Government Parliamentary republic
Capital Bratislava
Sovereign Ratings S&P: A+
Moody’s: A2
Fitch: A
Total Population 5.4 million
Median Age 40.6
Adult Per Capita Income (PPP) 38,915.76
Total GDP (2023) 140.8 billion

Slovak Republic GDP & Economic Overview

Most Recent Content

Banking & Finance

Trade & Investment

Total Exports USD 108.6 billion (2023)
Leading Exports Cars And Vehicle Parts
Video Displays
Broadcasting Equipment
Refined Petroleum
Total Imports USD 112.7 billion (2022)
Leading Imports Cars And Vehicle Parts
Broadcasting Equipment
Crude Petroleum
Natural Gas
Insulated Wiring
Source: World Integrated Trade Solution

Slovak Republic Leading Companies

Slovenská sporiteľňa Financials
Tatra banka Financials
Slovnaft Oil & Gas Exploration & Production
Slovenský plynárenský priemysel Oil, Gas & Consumable Fuels
Slovenské elektrárne Electric Utilities
Penta Investments Conglomerate, Financials, Retail, Real Estate
COOP Jednota Consumer Staples, Food Retail

Major Trade Partners — Import

Germany 19%
Czech Republic 10%
Unspecified 9%
China 7%
Russia 6%

Source: World Integrated Trade Solution

Major Trade Partners — Export

Germany 22%
Czech Republic 12%
Poland 8%
Hungary 7%
France 6%

Source: World Integrated Trade Solution

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000