Europe / Caspian / CIS

Slovakia flag
Summary | Profile

Country profile: Slovakia

Location: Central Europe, south of Poland
Climate: temperate; cool summers; cold, cloudy, humid winters
Terrain: rugged mountains in the central and northern part and lowlands in the south
Size: 48845 sq. km total (Land area: 48800 sq. km  Water area: 45 sq.km)
Population: 5,455,407 (July 2008 est.)
Languages: Slovak (official) 83.9%, Hungarian 10.7%, Roma 1.8%, Ukrainian 1%, other or unspecified 2.6% (2001 census)
Government: parliamentary democracy
Capital city: Bratislava
Legal system: civil law system based on Austro-Hungarian codes; accepts compulsory ICJ jurisdiction with reservations;
Currency: Slovak koruna (SKK)
Licensing:

Country profile

Poland, the Czech Republic, the Slovak Republic (commonly referred to as Slovakia), and Hungary are members of the Visegrad Group, created in February 1991 at the northern Hungarian town of Visegrad. After World War II until 1989-1990, these countries were Communist states, as well as members of the Warsaw Pact. On January 1, 1993, the Czech and Slovak Republics, previously Czechoslovakia, split to form two separate states. During the past decade, the Visegrad group has made the transition to democracy and to market-based economies. On May 1, 2004, the Visegrad countries became members of the European Union (EU). In 1999, Hungary, Poland, and the Czech Republic became the first former Warsaw Pact countries to join the North Atlantic Treaty Organization (NATO) . Slovakia joined NATO in 2004.

The Czech Republic became a member of the Organization for Economic Co-operation and Development (OECD) in 1995, Hungary and Poland joined in 1996, and Slovakia in 2001. As members of the Visegrad Group, the four countries also belong to Central European Free Trade Agreement (CEFTA) . Slovenia , Romania , and Bulgaria are members too. The Visegrad countries are dependent on trade with the EU, in particular with Germany . These four countries also continue to face economic restructuring challenges, including: modernizing large, and to a certain extent, antiquated agricultural sectors (especially in Poland); implementing more energy efficient processes for industry in order to decrease energy consumption; absorbing the costs from cleaning up heavily-polluting industries; and adapting industries and services to EU standards.

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.

Energy production and consumption


Oil Gas
Production: 12,840 bbl/day (2005 est.) 141 million cu m (2005 est.)
Consumption: 79,350 bbl/day (2005 est.) 6 billion cu m (2005 est.)
Exports: 77,660 bbl/day (2004 est.) 354 million cu m (2005 est.)
Imports: 138,200 bbl/day (2004 est.) 6 billion cu m (2005 est.)
Reserves: 9 million bbl (1 January 2006 est.) 14 billion cu m (1 January 2006 est.)
Major fields:



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