Names: conventional long form: Slovak Republic conventional short form: Slovakia local long form: Slovenska Republika local short form: Slovensko
Capital City: Bratislava
Population: 5,439,448 (July 2006 est.)
GDP Per Capita: $17,700 (2006 est.)
Currency: Slovak koruna (SKK)
Languages: Slovak (official) 83.9%, Hungarian 10.7%, Roma 1.8%, Ukrainian 1%, other or unspecified 2.6% (2001 census)
Total Area: total: 48,845 sq km land: 48,800 sq km water: 45 sq km about twice the size of New Hampshire
Region: Europe
Industries: metal and metal products; food and beverages; electricity, gas, coke, oil, nuclear fuel; chemicals and manmade fibers; machinery; paper and printing; earthenware and ceramics; transport vehicles; textiles; electrical and optical apparatus; rubber products
Agriculture: grains, potatoes, sugar beets, hops, fruit; pigs, cattle, poultry; forest products
Resources: brown coal and lignite; small amounts of iron ore, copper and manganese ore; salt; arable land
Labor Force:
2.629 million (2006 est.)
agriculture 5.8%, industry 5.8%, construction 9%, services 29.3% (2003)
Exports:
$39.64 billion f.o.b. (2006 est.)
vehicles 25.9%, machinery and electrical equipment 21.3%, base metals 14.6%, chemicals and minerals 10.1%, plastics 5.4% (2004)
Imports:
$41.84 billion f.o.b. (2006 est.)
machinery and transport equipment 41.1%, intermediate manufactured goods 19.3%, fuels 12.3%, chemicals 9.8%, miscellaneous manufactured goods 10.2% (2003)
Overview:
Slovakia has mastered much of the difficult transition from a centrally planned economy to a modern market economy. The DZURINDA government made excellent progress during 2001-04 in macroeconomic stabilization and structural reform. Major privatizations are nearly complete, the banking sector is almost completely in foreign hands, and the government has helped facilitate a foreign investment boom with business-friendly policies, such as labor market liberalization and a 19% flat tax. Foreign investment in the automotive sector has been strong. Slovakia's economic growth exceeded expectations in 2001-06, despite the general European slowdown. Unemployment, at an unacceptable 18% in 2003-04, dropped to 10.2% in 2006, but remains the economy's Achilles heel. Slovakia joined the EU on 1 May 2004.
In 2007 Missouri exported $789,809 in goods to Slovakia. This ranks Slovakia 73rd among the 223 international buyers of Missouri goods. Missouri exports to Slovakia decreased from the previous year by $178,104 a change of -18.4%. State exports to Slovakia have increased over the last 5 years by $351,737 a change of 80.29%. Missouri exports account for .01%. of all 2007 US exports to Slovakia.
| NAICS Industry | Annual | ||||||
|---|---|---|---|---|---|---|---|
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | ||
| 000 - Total All Industries MO | 438,072 | 464,530 | 286,451 | 223,069 | 967,913 | 789,809 | |
| 000 - Total All Industries US | 92,704,033 | 115,203,219 | 131,590,302 | 149,781,335 | 510,361,130 | 680,040,753 | |