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| Country information - Slovakia |
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The original Slavic population settled the general territory of Slovakia in the 5th century. In the centuries that followed Slovakia was for the greater part a part of the Kingdom of Hungary, and mostly an influential part. By the end of the 18th century, Slovakia's influence decreased.
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In 1918, Slovakia was joined to the regions of Bohemia and neighboring Moravia to form Czechoslovakia. Czechoslovakia lasted until it was broken up by the Munich Agreement of 1938, when Slovakia became a separate republic that would be tightly controlled by Nazi Germany.
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Following the chaos of World War II, Czechoslovakia became a Communist nation within Soviet-ruled Eastern Europe. The end of communist rule in Czechoslovakia in 1989, during the peaceful Velvet Revolution, was followed once again by the country's dissolution, this time into two successor states.
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Slovakia and the Czech Republic went their separate ways after January 1, 1993, an event sometimes called the Velvet Divorce. Slovakia joined both NATO and the EU in the spring of 2004.
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| Location |
Central Europe, south of Poland |
| Area |
total: 48,845 sq km |
| Land |
48,800 sq km |
| Water |
45 sq km |
| Land boundaries |
total: 1,524 km |
| Border countries |
Austria 91 km, Czech Republic 215 km, Hungary 677 km, Poland 444 km, Ukraine 97 km |
| Coastline |
0 km (landlocked) |
| Climate |
temperate; cool summers; cold, cloudy, humid winters |
| Terrain |
rugged mountains in the central and northern part and lowlands in the south |
| Elevation extremes |
lowest point: Bodrok River 94 m |
| highest point |
Gerlachovsky Stit 2,655 m |
| Natural resources |
brown coal and lignite; small amounts of iron ore, copper and manganese ore; salt; arable land |
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| Population |
5,431,363 |
| Nationality |
noun: Slovak(s) |
| Adjective |
Slovak |
| Ethnic groups |
Slovak 85.8%, Hungarian 9.7%, Roma 1.7%, Ruthenian/Ukrainian 1%, other and unspecified 1.8%) |
| Religions |
Roman Catholic 68.9%, Protestant 10.8%, Greek Catholic 4.1%, other or unspecified 3.2%, none 13% |
| Languages |
Slovak (official) 83.9%, Hungarian 10.7%, Roma 1.8%, Ukrainian 1%, other or unspecified 2.6% |
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| Country name |
conventional long form: Slovak Republic |
| Conventional short form |
Slovakia |
| Local long form |
Slovenska Republika |
| Local short form |
Slovensko |
| Government type |
parliamentary democracy |
| Capital |
Bratislava |
| Administrative divisions |
8 regions (kraje, singular - kraj); Banskobystricky, Bratislavsky, Kosicky, Nitriansky, Presovsky, Trenciansky, Trnavsky, Zilinsky |
| Independence |
1 January 1993 (Czechoslovakia split into the Czech Republic and Slovakia) |
| National holiday |
Constitution Day, 1 September (1992) |
| Constitution |
ratified 1 September 1992, effective 1 January 1993; changed in September 1998 to allow direct election of the president; amended February 2001 to allow Slovakia to apply for NATO and EU membership |
| Legal system |
civil law system based on Austro-Hungarian codes; has not accepted compulsory ICJ jurisdiction; legal code modified to comply with the obligations of Organization on Security and Cooperation in Europe (OSCE) and to expunge Marxist-Leninist legal theory |
| Suffrage |
18 years of age; universal |
| Executive branch |
chief of state: President Ivan Gasparovic (since 15 June 2004) |
| Head of government |
Prime Minister Mikulas Dzurinda (since 30 October 1998); Deputy Prime Minister Ivan Miklos (since 30 October 1998); Deputy Prime Minister Pal Csaky (since 30 October 1998); Deputy Prime Minister Pavol Rusko (since May 2004) |
| Cabinet |
Cabinet appointed by the president on the recommendation of the prime minister |
| Elections |
president elected by direct, popular vote for a five-year term; election last held 3 April and 17 April 2004 (next to be held April 2009); following National Council elections, the leader of the majority party or the leader of a majority coalition is usually appointed prime minister by the president |
| Legislative branch |
unicameral National Council of the Slovak Republic or Narodna Rada Slovenskej Republiky (150 seats; members are elected on the basis of proportional representation to serve four-year terms) |
| Elections |
last held 20-21 September 2002 (next to be held September 2006) |
| Judicial branch |
Supreme Court (judges are elected by the National Council); Constitutional Court (judges appointed by president from group of nominees approved by the National Council) |
| Flag description |
three equal horizontal bands of white (top), blue, and red superimposed with the Slovak cross in a shield centered on the hoist side; the cross is white centered on a background of red and blue |
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It wasn't easy but Slovakia 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.
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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.
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Slovakia's economic growth exceeded expectations in 2001-05, despite the general European slowdown. Unemployment remains the economy's most problematic point. Slovakia joined the EU on 1 May 2004. Slovakia plans to adopt the Euro currency on 1 January 2009 and has already entered the ERM for this purpose.
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| Labor force |
2.62 million |
| Labor force - by occupation |
agriculture 5.8%, industry 29.3%, construction 9%, services 55.9% |
| Unemployment rate |
11.5% |
| Population below poverty line |
NA |
| Household income by percentage share |
lowest 10%: 5.1%, highest 10%: 18.2% |
| Agriculture - products |
grains, potatoes, sugar beets, hops, fruit; pigs, cattle, poultry; forest products |
| 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 |
| Currency (code) |
Slovak koruna (SKK) |
| Airports |
34 |
| Airports - with paved runways |
total: 17 |
| Airports - with unpaved runways |
total: 17 |
| Heliports |
1 |
| Pipelines |
gas 6,769 km; oil 449 km |
| Railways |
total: 3,662 km |
| Roadways |
total: 42,970 km |
| Paved |
37,698 km (including 302 km of expressways) |
| Unpaved |
5,272 km |
| Waterways |
172 km |
| Ports and terminals |
Bratislava, Komarno |
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©
Copyright 2006 Eurobusinessonline.com |
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