Country Sheet : Slovakia

Information file

Last Update on July 2nd 2024

SLOVAKIA

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In English - version of July 2nd 2024

Geography

Area : 49,035 km²

Borders : 1.474 km: Austria (91 km), Czech Republic (197 km), Hungary (676 km), Poland (420 km), Ukraine (90 km)

Capital : Bratislava

Official language : Slovak

Source : The CIA World Factbook

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Population

Population : 5,425,319 inhabitants (2023 est.)

Crude natural change rate : -1,2‰ (est. 2023)

Population repartition: 16.1% under 15 years old, 17.9% over 65 years old (2023)

Foreign residents: 1% EU nationals, 0.3% non-EU nationals (2019)

Crude net migration rate: -0.2‰ (2023 est.)

First time asylum applicants: 410 (2023)

Life expectancy: men 74.7 years, women 81.5 years (2023)

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.)

Ethnic groups: Slovak 80.7%, Hungarian 8.5%, Roma 2%, other and unspecied 8.8% (est. 2011)

Source : Eurostat

Economy

Currency: Euro

GDP: € 122,812.8 million (2023)

GDP per capita (PPS): € 16,490 (2023)

GDP growth : 1.6% (2023)

Inflation: 2.6% (May 2024)

Public debt: 56% (Q4 2023)

Unemployment: 5.6% (April 2024)

Stock of foreign direct investment from the entire world: 62% of GDP (2022)

Performance sectors: automobile industry, steel industry, chemistry

Budget balance: -10.1% of GDP (Q4 2023)

Source : Eurostat, BNP Paribas

Political system

Republic, parliamentary democracy (Constitution of 1st January 1993, revised in 1999 to allow for direct universal election of the president):

Head of State: Peter Pellegrini, elected on 6th April 2024

Prime Minister: Robert Fico (SMERSD) since 23rd October 2023. He leads a government coalition with the centreleft HLAS and nationalist SNS parties.

Unicameral parliamentary system: The National Council (Národná rada) is made up of 150 seats. Representatives are elected for four years by proportional representation with a 5% vote threshold.