Slovak, Hungarian 8.5, Roma 1.8, other 2.2, unspecified 5.7
Economic Overview
Key economic indicators for Slovakia
GDP:
$213.219 billion
GDP per Capita:
$39,300
GDP Growth:
1.38%
Inflation:
10.53%
Unemployment:
5.84%
Public Debt:
64.32% of GDP
Credit Rating:
A+ (2015)
Political System
Governance structure of Slovakia
Government Type:
parliamentary republic
Head of State:
President Peter PELLEGRINI (since 15 June 2024)
Head of Government:
Prime Minister Robert FICO (since 25 October 2023)
Judiciary:
Supreme Court of the Slovak Republic (consists of the court president, vice president, and approximately 80 judges organized into criminal, civil, commercial, and administrative divisions with 3- and 5-judge panels); Constitutional Court of the Slovak Republic (consists of 13 judges organized into 3-judge panels)
Administrative Divisions:
8 regions (kraje, singular - kraj); Banska Bystrica, Bratislava, Kosice, Nitra, Presov, Trencin, Trnava, Zilina
Major Political Parties
Not specified
International Relations
Global position and alliances
UN Member:
Yes
EU Member:
Yes
Diplomatic Presence:
3523 International Court NW, Washington, DC 20008
Major Alliances and Organizations
EUNATOOECD
Economic Sectors & Trade
Detailed economic breakdown
Major Economic Sectors
Agriculture
2% (2023 est.)
Industry
32.9% (2023 est.)
Services
56.4% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Trade Volume
Exports:
$121.008 billion
Imports:
$119.666 billion
Major Trading Partners
Germany 20
Czechia 10
Hungary 7
USA 6
Poland 6
Economic Outlook
Slovakia has a 1.38% GDP growth rate with 10.53% inflation. The economy is characterized by a strong agriculture sector.