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Slovakia [+]Compare [E]dit [H]istory

Aliases: Slovak Republic, Slovenska republika, Slovensko

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Object «Slovakia» has attributes

Attribute Value
Geography
Area 49,035 km²
Continent Europe
Land area 48,105 km²
Water area 930 km²
Land boundaries 1,611 km
Border countries
  • Austria
  • Czech Republic
  • Hungary
  • Poland
  • Ukraine
Coastline 0 km
Mean elevation 458 m
Lowest point 94 m
Highest point 2,655 m
People
Population 5,440,602
Official languages
  • Slovak
Religion Roman Catholic
Government
Long country name Slovak Republic
Short country name Slovakia
Long local name Slovenska republika
Short local name Slovensko
Former name Add
Government type Parliamentary republic
Capital Bratislava
Economy
GDP (PPP) 179,700,000,000 USD
GDP (OER) 95,960,000,000 USD
GDP (real growth rate) 3.4 %
GDP - per capita (PPP) 33,100 USD
Gross national saving 20.6 % of GDP
Labor force 2,758,000
Unemployment rate 8.1 %
Population below poverty line 12.3 %
Budget revenues 37,790,000,000 USD
Budget expenditures 38,790,000,000 USD
Military expenditures 1.74 % of GDP
Taxes and other revenues 39.4 % of GDP
Budget surplus or deficit -1 % of GDP
Public debt 50.9 % of GDP
Inflation rate 1.3 %
Central bank discount rate 0 %
Commercial bank prime lending rate 2.44 %
Stock of narrow money 56,460,000,000 USD
Stock of broad money 56,460,000,000 USD
Stock of domestic credit 85,560,000,000 USD
Market value of publicly traded shares 4,567,000,000 USD
Current account balance -2,005,000,000 USD
Exports 80,800,000,000 USD
Imports 80,070,000,000 USD
Reserves of foreign exchange and gold 3,622,000,000 USD
External debt 75,040,000,000 USD
National currency euros
National currency (code) EUR
National currency (symbol)
National currency rate to USD 0.885

Slovakia traces its roots to the 9th century state of Great Moravia. Subsequently, the Slovaks became part of the Hungarian Kingdom, where they remained for the next 1,000 years. After the formation of the dual Austro-Hungarian monarchy in 1867, backlash to language and education policies favoring the use of Hungarian (Magyarization) encouraged the strengthening of Slovak nationalism and a cultivation of cultural ties with the closely related Czechs, who fell administratively under the Austrian half of the empire. After the dissolution of the Austro-Hungarian Empire at the close of World War I, the Slovaks joined the Czechs to form Czechoslovakia. The new state was envisioned as a nation with Czech and Slovak branches. During the interwar period, Slovak nationalist leaders pushed for autonomy within Czechoslovakia, and in 1939 Slovakia became an independent state created by and allied with Nazi Germany. Following World War II, Czechoslovakia was reconstituted and came under communist rule within Soviet-dominated Eastern Europe. In 1968, an invasion by Warsaw Pact troops ended the efforts of Czechoslovakia's leaders to liberalize communist rule and create "socialism with a human face," ushering in a period of repression known as "normalization." The peaceful "Velvet Revolution" swept the Communist Party from power at the end of 1989 and inaugurated a return to democratic rule and a market economy. On 1 January 1993, Czechoslovakia underwent a nonviolent "velvet divorce" into its two national components, Slovakia and the Czech Republic. Slovakia joined both NATO and the EU in the spring of 2004 and the euro zone on 1 January 2009.

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