Compare Slovakia (2008) - Slovakia (2007)

Compare Slovakia (2008) z Slovakia (2007)

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	Slovakia (2008)	Slovakia (2007)

Budget	revenues: $33.07 billion expenditures: $35.13 billion (2007 est.)	revenues: $25.63 billion expenditures: $27.02 billion (2006 est.)
Debt - external	$36.66 billion (30 June 2007)	$28.95 billion (2006 est.)
Diplomatic representation from the US	chief of mission: Ambassador Vincent OBSITNIK embassy: Hviezdoslavovo Namestie 4, 81102 Bratislava mailing address: P.O. Box 309, 814 99 Bratislava telephone: [421] (2) 5443-3338 FAX: [421] (2) 5441-8861	chief of mission: Ambassador Rodolphe "Skip" M. VALLEE embassy: Hviezdoslavovo Namestie 4, 81102 Bratislava mailing address: P.O. Box 309, 814 99 Bratislava telephone: [421] (2) 5443-3338 FAX: [421] (2) 5441-8861
Disputes - international	bilateral government, legal, technical and economic working group negotiations continued in 2006 between Slovakia and Hungary over Hungary's completion of its portion of the Gabcikovo-Nagymaros hydroelectric dam project along the Danube; as a member state that forms part of the EU's external border, Slovakia has implemented the strict Schengen border rules	bilateral government, legal, technical and economic working group negotiations continued in 2006 between Slovakia and Hungary over Hungary's completion of its portion of the Gabcikovo-Nagymaros hydroelectric dam project along the Danube; as a member state that forms part of the EU's external border, Slovakia must implement the strict Schengen border rules
Economy - overview	Slovakia has 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. 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. Slovakia's economic growth exceeded expectations in 2001-07 despite the general European slowdown. Unemployment, at an unacceptable 18% in 2003-04, dropped to 8.6% in 2007 but remains the economy's Achilles heel. Slovakia joined the EU on 1 May 2004 and will be the second of the new EU member states to adopt the euro in 2009 if it continues to meet euro adoption criteria in 2008. Despite its 2006 pre-election promises to loosen fiscal policy and reverse the previous DZURINDA government's pro-market reforms, FICO's cabinet has thus far been careful to keep a lid on spending in order to meet euro adoption criteria. The FICO government is pursuing a state-interventionist economic policy, however, and has pushed to regulate energy and food prices.	Slovakia has 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. 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. Slovakia's economic growth exceeded expectations in 2001-06 despite the general European slowdown. Unemployment, at an unacceptable 18% in 2003-04, dropped to 10.2% in 2006 but remains the economy's Achilles heel. Slovakia joined the EU on 1 May 2004.
Exchange rates	koruny per US dollar - 24.919 (2007), 29.611 (2006), 31.018 (2005), 32.257 (2004), 36.773 (2003)	koruny per US dollar - 29.611 (2006), 31.018 (2005), 32.257 (2004), 36.773 (2003), 45.327 (2002)
Exports - partners	Germany 23.5%, Czech Republic 13.8%, Italy 6.5%, Poland 6.2%, Hungary 6.1%, Austria 6.1%, France 4.3%, Netherlands 4.3% (2006)	Germany 23.7%, Czech Republic 14.1%, Italy 6.5%, Poland 6.2%, Austria 6%, Hungary 5.8%, France 4.3%, Netherlands 4.2% (2006)
GDP - composition by sector	agriculture: 3.4% industry: 32.8% services: 63.8% (2007 est.)	agriculture: 3.6% industry: 31.6% services: 64.8% (2006 est.)
GDP - real growth rate	8.8% (2007 est.)	8.3% (2006 est.)
Imports - partners	Germany 23%, Czech Republic 18.1%, Russia 11.2%, Hungary 6.1%, Austria 5.6%, Poland 4.9%, Italy 4.4% (2006)	Germany 23.6%, Czech Republic 18.2%, Russia 11%, Hungary 6%, Austria 5.5%, Poland 4.9%, Italy 4.4% (2006)
Industrial production growth rate	12% (2007 est.)	7.8% (2006 est.)
Inflation rate (consumer prices)	2.7% (2007 est.)	4.5% (2006 est.)
International organization participation	ACCT (observer), Australia Group, BIS, BSEC (observer), CE, CEI, CERN, EAPC, EBRD, EIB, EU, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITU, ITUC, MIGA, NAM (guest), NATO, NEA, NSG, OAS (observer), OECD, OIF (observer), OPCW, OSCE, PCA, Schengen Convention, SECI (observer), UN, UNCTAD, UNDOF, UNESCO, UNFICYP, UNIDO, UNTSO, UNWTO, UPU, WCL, WCO, WEU (associate partner), WFTU, WHO, WIPO, WMO, WTO, ZC	ACCT (observer), Australia Group, BIS, BSEC (observer), CE, CEI, CERN, EAPC, EBRD, EIB, EU, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITU, ITUC, MIGA, NAM (guest), NATO, NEA, NSG, OAS (observer), OECD, OIF (observer), OPCW, OSCE, PCA, UN, UN Security Council (temporary), UNCTAD, UNDOF, UNESCO, UNFICYP, UNIDO, UNTSO, UNWTO, UPU, WCL, WCO, WEU (associate partner), WFTU, WHO, WIPO, WMO, WTO, ZC
Labor force	2.661 million (2007 est.)	2.658 million (2006 est.)
Pipelines	gas 6,769 km; oil 416 km (2007)	gas 6,769 km; oil 416 km (2006)
Political parties and leaders	Parties in the Parliament: Christian Democratic Movement or KDH [Pavol HRUSOVSKY]; Direction-Social Democracy or Smer-SD [Robert FICO]; Party of the Hungarian Coalition or SMK [Pal CSAKY]; People's Party - Movement for a Democratic Slovakia or LS-HZDS [Vladimir MECIAR]; Slovak Democratic and Christian Union or SDKU-DS [Mikulas DZURINDA]; Slovak National Party or SNS [Jan SLOTA]; Parties outside the Parliament: Agrarian Party of the Provinces or ASV [Jozef VASKEBA]; Civic Conservative Party or OKS [Peter TATAR]; Free Forum [Zuzana MARTINAKOVA]; Hope or NADEJ [Alexandra NOVOTNA]; Left-wing Bloc or LB [Jozef KALMAN]; Mission 21 - New Christian Democracy or MISIA 21 [Ivan SIMKO]; Movement for Democracy or HZD [Jozef GRAPA]; New Citizens Alliance or ANO [Pavol RUSKO]; Party of the Democratic Left or SDL [Ladislav KOZMON]; Prosperita Slovenska or PS [Frantisek A. ZVRSKOVEC]; Slovak Communist Party or KSS [Vladimir DADO]; Slovak National Coalition or SLNKO [Vitazoslav MORIC]; Slovak People's Party or SLS [Jozef SASIK]; Union of the Workers of Slovakia or ZRS [Jan LUPTAK]	Parties in the Parliament: Christian Democratic Movement or KDH [Pavol HRUSOVSKY]; Direction-Social Democracy or Smer-SD [Robert FICO]; Party of the Hungarian Coalition or SMK [Bela BUGAR]; People's Party - Movement for a Democratic Slovakia or LS-HZDS [Vladimir MECIAR]; Slovak Democratic and Christian Union or SDKU-DS [Mikulas DZURINDA]; Slovak National Party or SNS [Jan SLOTA]; Parties outside the Parliament: Agrarian Party of the Provinces or ASV [Jozef VASKEBA]; Civic Conservative Party or OKS [Peter TATAR]; Free Forum [Zuzana MARTINAKOVA]; Hope or NADEJ [Alexandra NOVOTNA]; Left-wing Bloc or LB [Jozef KALMAN]; Mission 21 - New Christian Democracy or MISIA 21 [Ivan SIMKO]; Movement for Democracy or HZD [Jozef GRAPA]; New Citizens Alliance or ANO [Pavol RUSKO]; Party of the Democratic Left or SDL [Ladislav KOZMON]; Prosperita Slovenska or PS [Frantisek A. ZVRSKOVEC]; Slovak Communist Party or KSS [Vladimir DADO]; Slovak National Coalition or SLNKO [Vitazoslav MORIC]; Slovak People's Party or SLS [Jozef SASIK]; Union of the Workers of Slovakia or ZRS [Jan LUPTAK]
Unemployment rate	8.6% (2007 est.)	10.2% (2006 est.)

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