Slovakia

Country Summary

Introduction

Background

Slovakia traces its roots to the 9th century state of Great Moravia. After the dissolution of the Austro-Hungarian Empire at the close of World War I, the Slovaks joined the Czechs to form Czechoslovakia. In 1993, Czechoslovakia underwent a nonviolent "velvet divorce" into its two national components, Slovakia and the Czech Republic.

Geography

Area

total: 49,035 sq km
land: 48,105 sq km
water: 930 sq km

Climate

temperate; cool summers; cold, cloudy, humid winters

Natural resources

lignite, small amounts of iron ore, copper and manganese ore; salt; arable land

People and Society

Population

5,425,319 (2023 est.)

Ethnic groups

Slovak 83.8%, Hungarian 7.8%, Romani 1.2%, other 1.8% (includes Czech, Ruthenian, Ukrainian, Russian, German, Polish), unspecified 5.4% (2021 est.)

Languages

Slovak (official) 81.8%, Hungarian 8.5%, Roma 1.8%, other 2.2%, unspecified 5.7% (2021 est.)

Religions

Roman Catholic 55.8%, Evangelical Church of the Augsburg Confession 5.3%, Greek Catholic 4%, Reformed Christian 1.6%, other 3%, none 23.8%, unspecified 6.5% (2021 est.)

Population growth rate

-0.13% (2023 est.)

Government

Government type

parliamentary republic

Capital

name: Bratislava

Executive branch

chief of state: President Zuzana CAPUTOVA (since 15 June 2019)
head of government: Prime Minister Robert FICO (since 25 May 2023); Deputy Prime Minister LĂ­via VASAKOVA (since 23 May 2023)

Legislative branch

description: unicameral National Council or Narodna Rada (150 seats; members directly elected in a single- and multi-seat constituencies by closed, party-list proportional representation vote; members serve 4-year terms)

Economy

Economic overview

high-income, EU-member European economy; major electronics and automobile exporter; new anticorruption and judiciary reforms; low unemployment; low regional innovation; strong financial sector

Real GDP (purchasing power parity)

$173.582 billion (2021 est.)
$168.503 billion (2020 est.)
$174.388 billion (2019 est.)

Real GDP per capita

$31,900 (2021 est.)
$30,900 (2020 est.)
$32,000 (2019 est.)

Agricultural products

wheat, maize, sugar beets, milk, barley, rapeseed, potatoes, sunflower seeds, soybeans, pork

Industries

automobiles; metal and metal products; electricity, gas, coke, oil, nuclear fuel; chemicals, synthetic fibers, wood and paper products; machinery; earthenware and ceramics; textiles; electrical and optical apparatus; rubber products; food and beverages; pharmaceutical

Remittances

1.92% of GDP (2021 est.)
2.31% of GDP (2020 est.)
2.41% of GDP (2019 est.)

Exports

$107.43 billion (2021 est.)
$90.546 billion (2020 est.)
$96.859 billion (2019 est.)

Exports - partners

Germany 22%, Czechia 11%, Poland 7%, France 7%, Hungary 6%, Austria 5%, United Kingdom 5% (2019)

Exports - commodities

cars and vehicle parts, video displays, broadcasting equipment, tires, refined petroleum (2019)

Imports

$107.358 billion (2021 est.)
$88.214 billion (2020 est.)
$96.755 billion (2019 est.)

Imports - partners

Germany 18%, Czechia 18%, Poland 8%, Hungary 7%, Russia 5% (2019)

Imports - commodities

cars and vehicle parts, broadcasting equipment, crude petroleum, natural gas, insulated wiring (2019)

Exchange rates

euros (EUR) per US dollar -
Exchange rates:
0.845 (2021 est.)
0.876 (2020 est.)
0.893 (2019 est.)
0.847 (2018 est.)
0.885 (2017 est.)


Page last updated: Monday, December 11, 2023