- Start exporting China, South Korea, and Russian federation.
- Start buying from Franc, Poland, Italy, and Austria.
GDP (2010 est.): $88.4 billion.
GDP growth rate (2010): 4.0%.
Nominal GDP per capita (2010): $16,288 (ING Bank).
Unemployment (2010): 13.5%.
Consumer price inflation (2010): 1% (Ministry of Finance).
Public deficit (2009): 7.9% GDP (final).
Natural resources: Antimony, mercury, iron, copper, lead, zinc, magnesite, limestone, ignite, uranium (not yet in production).
Agriculture: Products--grains, potatoes, poultry, cattle, hogs, sugar, beets, hops, fruit, forest products.
Industry: Types--iron and steel, chemicals, electro-chemical, automobiles, light industry, food processing, back-office support, engineering, building
Trade (2009 est.): Exports--$55.4 billion: machineryand energy equipment, electrical equipment, audio/video equipment, vehicles, base metals, mineral products, plastics and rubber, iron and steel, machinery and energy equipment, plastics.
Export partners (2009)--Germany 20.1%, Czech Republic 12.9%, France 7.8%, Poland 7.2%, Hungary 6.3%, Italy 6.1%, Austria 5.8%. Imports (2009 est.)--$53.7 billion:machinery, vehicles, electrical equipment, mineral fuels and oils, audio/video equipment, base metals. Import partners (2009)--Germany 16.8%, Czech Republic 12.3%, Russian Federation 9.0%, South Korea 6.8%, China 5.8%, Hungary 5.3%. (Source: Statistical office of the Slovak Republic).
Foreigninvestment (2008, National Bank of Slovakia data): Cumulative--$39.4 billion; FDI inflow $1.39 billion in 2008. Sources of direct foreign investment**--Czech Republic 54.2%, Cyprus 20.4%, Poland 4.5%, Austria 4%, France 3.5%, South Korea 3.1%, Germany 3%, Italy 2.6%. Sectors of direct foreign investment--machinery,industrial production, electrochemical, automotive, financial services,information technology (IT), wholesale and retail trade, transportation and telecommunications.