All you need to know about Slovakia
Slovakia is located in central Europe and boarders countries including Poland, Ukraine, Austria and the Czech Republic. The country has been an independent state since 1993 and is now a member of the United Nations and the European Union – which it joined in 2004.
Slovakia has a transformed, advanced, market economy meaning it is highly developed. Its GDP is estimated to be worth around $91.62 billion (2012). The service sector is the main contributor towards this figure at 61%, as well as employing 69% of the population. In recent years there has been a noticeable rise in foreign investment, mostly due to the countries low wages, low tax rate and educated labour force. Slovakia has a history of having one of the fastest growing economies in the European Union which is reflected by its 4% growth in 2010 and the fact its banking sector is nearly entirely privatised.
Slovakia is 40% forest which attracts many tourists, looking to view their natural landscapes. It's also home to mountainous areas with the most popular one being Tatra Mountains, which creates a natural border between Slovakia and Poland. Other tourist destinations include the country’s caves, medieval castles and ski resorts. An estimated 4.049 million tourists visited Slovakia in 2013.
Ideal business accommodation is provided in Bratislava (Slovakia’s capital) in the form of serviced apartments. These provide the perfect alternative to a hotel room by offering more space, greater flexibility and a range of facilities including equipped kitchens. A serviced apartment offers corporate travellers a more economical and enjoyable accommodation option.
Key Facts
Capital: Bratislava
Population: 5.41 million
Currency: Euro (€) (EUR)
Dominant religion: Christianity
Language: Slovak
Time zone: (UTC+01:00)
Main exports: Machinery, Electrical equipment
Internet domain: .sk
International dial code: +421
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