Slovakia
Country summary | |
---|---|
Capital |
Bratislava |
Borders |
Austria 91 km, Czech Republic 197 km, Hungary 676 km, Poland 420 km, Ukraine 90 km |
Government type |
parliamentary democracy |
Population |
5,463,046 (July 2010 est.)[1] |
Population growth % |
0.14 (2010 est.)[1] |
Life expectancy |
75.4 years[1] |
Unemployment |
11.4% (2009)[1] |
35[2] | |
56[3] | |
42[4] |
The dissolution of the Austro-Hungarian Empire at the close of World War I allowed the Slovaks to join the closely related Czechs to form Czechoslovakia. Following the chaos of World War II, Czechoslovakia became a Communist nation within Soviet-dominated Eastern Europe. Soviet influence collapsed in 1989 and Czechoslovakia once more became free. The Slovaks and the Czechs agreed to separate peacefully on 1 January 1993. Slovakia joined both NATO and the EU in the spring of 2004 and the euro area on 1 January 2009.[1]
Economical characteristics
- Currency: Euro (ISO code: EUR)
- Central bank discount rate: 1% (31 December 2008)[1]
- Commercial banks lending rate: NA%[1]
- Stock of money (M1): $847.3 million (31 December 2008)[1]
- Quasi money (with M1 makes M2): $23.15 billion (31 December 2008)[1]
- is part of the Eurozone since 2009
Notable events:
- Banking crisis: 1991[5]
Statistics
Statistic / Year | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
---|---|---|---|---|---|---|---|---|---|---|
GDP (million USD)[6] | 29 925 | 28 701 | 30 296 | 34 613 | 45 804 | 56 032 | 61 286 | 69 057 | 84 242 | 98 464 |
Govt. debt (% of GDP)[7] | 45.719 | 45.127 | 36.287 | 41.881 | 31.311 | 36.586 | ||||
Govt. revenue (% of GDP)[8] | 35.606 | 34.019 | 30.645 | 30.087 | 29.076 | 28.983 | ||||
Govt. expenses (% of GDP)[9] | 36.640 | 35.784 | 33.566 | 33.168 | 30.552 | 30.873 | ||||
Debt to revenue (years) | 1.284 | 1.327 | 1.184 | 1.392 | 1.077 | 1.262 |
References
Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Factbook. "Slovakia", from The World Factbook. Referenced 2010-09-21.
- ↑ Heritage Foundation. "Slovakia", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-21.
- ↑ Transparency International. "Slovakia", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-09-21.
- ↑ Doing Business. "Slovakia", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-21.
- ↑ Carmen M. Reinhart and Kenneth S. Rogoff. "This Time is Different", Princeton University Press, ISBN 978-0-691-14216-6, p. 382. (The list does not claim to be complete.) Referenced 2011-07-21.
- ↑ World Bank. "Slovakia: GDP", from World Bank Data. Referenced 2010-09-21.
- ↑ World Bank. "Slovakia: government debt", from World Bank Data. Referenced 2010-09-21.
- ↑ World Bank. "Slovakia: government revenue", from World Bank Data. Referenced 2010-09-21.
- ↑ World Bank. "Slovakia: government expenses", from World Bank Data. Referenced 2010-09-21.
Links
- Slovakia on Wikipedia
- Central bank of Slovakia
- Country profile (pdf) from the Enterprise Studies page (part of the The World Bank Group)
- BBC country profile
- Price of the State
- The end of Slovakia’s flat tax by Jana Liptáková, December 2012
- Slovakia’s ratings continue to drop by Beata Balogová and Roman Cuprik, December 2012