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Country name:

conventional long form: Slovak Republic
conventional short form: Slovakia
local long form: Slovenska Republika
local short form: Slovensko

 

Capital:

Bratislava. Population: 446,000 (2005).

 

Location:

Central Europe, south of Poland

 

Area:

49,033 sq km (18,932 sq miles).
 

Description:
The Slovak Republic is situated in central Europe, sharing frontiers with the Czech Republic, Austria, Poland, Hungary and Ukraine. Mountains, lowlands, canyons, lakes, cave formations, forests and meadows provide many examples of the Slovak Republic's year-round natural beauty. The Slovak Republic is a small country but its terrain varies impressively. Almost half of the country is taken up by the Carpathian Arc - a range of mountains stretching across the north. The smaller ranges include the Lesser Carpathians, White Carpathians, Mal?? (Lesser) Fatra, Vel'k?? (Greater) Fatra, High and Low Tatras and the Slovensk?� rudohorie Mountains (Slovak Ore Mountains).
 

 

Population:

5.4 million (official estimate 2005).

 

Languages:

The official language is Slovak. Hungarian, Ruthenian, Ukrainian and German are spoken by ethnic minorities
 

 

Climate:

The Slovak Republic lies in a moderate zone and possesses a continental climate with four distinct seasons. The average daily temperature in Bratislava in winter is -2?�C (31?�F), rising to 21?�C (70?�F) in the summer. January is the coldest month, the hottest being July and August. The highest peaks are snow-capped 130 days a year.

Economy - overview:

After the division of Czechoslovakia in 1993, the newly independent Slovak government found its heavy industries to be something of a millstone, but they continue to play a central role in the economy. The agricultural sector (almost all of which is now privately owned) produces wheat and grains, sugar beet, vegetables and livestock. However, its relative economic contribution is not substantial. The bulk of the industrial economy has been transferred to the private sector, including the key areas of machinery and chemical industries, textiles, leather, shoes, glass, electronics, nuclear energy and car manufacturing.

After the initial transition shock, the economy performed fairly well in the mid and late 1990s, but then went into recession. Since 2002, however, the situation has been brought under control. The economy is now growing and unemployment is improving at 11.3%; inflation in 2006 was 4.3%. Almost two-thirds of Slovak trade is now with the EU's original 15 members.

Economy:

After the division of Czechoslovakia in 1993, the newly independent Slovak government found its heavy industries to be something of a millstone, but they continue to play a central role in the economy. The agricultural sector (almost all of which is now privately owned) produces wheat and grains, sugar beet, vegetables and livestock. However, its relative economic contribution is not substantial. The bulk of the industrial economy has been transferred to the private sector, including the key areas of machinery and chemical industries, textiles, leather, shoes, glass, electronics, nuclear energy and car manufacturing.

After the initial transition shock, the economy performed fairly well in the mid and late 1990s, but then went into recession. Since 2002, however, the situation has been brought under control. The economy is now growing and unemployment is improving at 11.3%; inflation in 2006 was 4.3%. Almost two-thirds of Slovak trade is now with the EU's original 15 members.
 

 

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

 

Exports:
Vehicles, machinery and transport equipment, base materials, plastics, chemicals and minerals.

Imports:
Machinery and equipment, chemicals and fuels.

Main trade partners: Germany, Czech Republic, Russian Federation, Poland and Australia.

Exchange rates:
Euro (EUR; symbol ) = 100 cents. Notes are in denominations of 500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of 2 and 1, and 50, 20, 10 and 5 cents
http://www.worldtravelguide.net/country/251/money/Europe/Slovak-Republic.html

GDP :
US$96.5 billion (2006).
 

Exchange rates:

 

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  Copyright By :  Kish Trade Promotion Center  2002