Country profile
Slovakia
The world's largest car producer per person, with more than a third of exports in vehicles and parts.
Updated 11 November 2026. Sources at the bottom of the page.
- Capital
- Bratislava
- Population
- 5.41 million (2026)
- Currency
- Euro (EUR)
- GDP, 2026
- US$167 billion
- Exports, 2025
- US$125.2 billion
- Exchange rate
- 1 EUR = 1.12 USD (10 Nov 2026)
Economy
IMF World Economic Outlook, October 2026. 2026 and 2027 are IMF projections.
0.8%Real GDP growth, 2026
1.6%Real GDP growth, 2027
3.6%Inflation, 2026
5.8%Unemployment, 2026
62.2% of GDPGovernment debt, 2026
-3.4% of GDPCurrent account, 2026
Compare Slovakia with other countries →
Trade
Top export markets
Share of the country’s exports, 2025
- Germany (21.4%)
- Czechia (12.4%)
- Hungary (7.7%)
- Poland (7.5%)
- Austria (5.4%)
Main exports
Product groups, share of exports
- Vehicles and parts (34.9%)
- Electrical machinery and equipment (15.6%)
- Machinery, including computers (11.2%)
- Mineral fuels (3.6%)
- Iron and steel (3.2%)
Main trade agreements
- EU single market
- EU agreements including CETA (Canada), EUโJapan, EUโKorea, EUโMexico and EUโVietnam
- EUโUK Trade and Cooperation Agreement
Trade policy to watch
- EU Carbon Border Adjustment Mechanism (CBAM): in its definitive phase since 1 January 2026 for imports into the EU of iron and steel, aluminium, cement, fertilisers, electricity and hydrogen.
- EU trade policy: no tariffs inside the EU; trade with non-EU countries is set at EU level.
- Car industry: several global carmakers assemble cars in Slovakia, and a new EV plant is starting production.
Energy
Nuclear power produces about 60% of Slovakia's electricity, with hydro making up much of the rest. Gas and oil are imported.
What it means for your supply chain
- Slovakia is a deep source of car parts and assemblies; capacity is tied to carmaker volumes.
- Low-carbon electricity helps Slovak suppliers report lower product emissions.
- Importers of steel, aluminium and other CBAM goods into Slovakia need emissions data from their non-EU suppliers.
Slovakia in the Supplier Hub
1 company in the Supplier Hub is listed under Slovakia.
Sources
- IMF, World Economic Outlook, October 2026: GDP, growth, inflation, unemployment, government debt, current account (2026 and 2027 are projections; updated automatically).
- IMF, World Economic Outlook database: population (2026 estimate).
- Trading Economics, based on UN Comtrade data: export markets and main exports; shares calculated from the listed values.
- Bank of Canada, daily exchange rates (cross rates calculated from CAD rates; updated daily).
- Energy Institute, Statistical Review of World Energy 2026: energy profile.
- European Commission, Carbon Border Adjustment Mechanism.
Figures are the latest published at the time of the update and may since have been revised. This page is for general information, not investment or legal advice.