SLOVAK REPUBLIC

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							                                                    SLOVAK REPUBLIC                                                                                                        Fact Sheet


General information:                                                                                                              Fact sheets are updated biannually; June and December

Capital:                                        Bratislava                                                     Head of State:
Surface area:                                   49 thousand sq km                                              President HE Dr Ivan Gašparovič
Official language:                              Slovak
Population:                                     5.4 million (2010)                                             Head of Government:
Exchange rate:                                  A$1 = 0.7215 Euros (Mar 2011)                                  Prime Minister HE Ms Iveta Radičová

Recent economic indicators:                                                        2006                2007              2008               2009              2010(a)             2011(b)
GDP (US$bn) (current prices):                                                      56.0                75.3               94.9               87.8                87.5                95.2
GDP PPP (US$bn) (c):                                                               96.8               110.1             119.1              114.4                120.2               126.1
GDP per capita (US$):                                                            10,382              13,937            17,543             16,187               16,104              17,509
GDP per capita PPP (US$) (c):                                                    17,945              20,389            22,002             21,093               22,129              23,198
Real GDP growth (% change yoy):                                                      8.5               10.5                5.8               -4.8                  4.0                 3.8
Current account balance (US$m):                                                  -4,388              -3,962            -6,282             -3,153               -3,013              -2,697
Current account balance (% GDP):                                                    -7.8                -5.3              -6.6               -3.6                 -3.4                -2.8
Goods & services exports (% GDP):                                                  84.2                86.2               83.0               70.4                80.9                88.0
Inflation (% change yoy):                                                            4.3                 1.9               3.9                0.9                  0.7                 3.4
    Australia's merchandise trade with Slovak Republic                                     Real GDP growth                          Australia's merchandise exports to Slovak Republic

  A$m                                                                %                                                              A$m
                                                                    15                                                                4                                           2005   2010
   240
                                    Imports
   200
                                                                    10                                                                3
   160

   120                                                               5                                                                2

    80
                                                                     0                                                                1
    40
                                                   Exports
                                                                     -5
         2005    2006       2007         2008     2009       2010         2006      2007      2008     2009     2010    2011                 Primary       STM         ETM          Other



Australia's trade and investment relationship with Slovak Republic (d):
Australian merchandise trade with Slovak Republic, 2010:                                                                         Total share:              Rank:           Growth (yoy):
 Exports to Slovak Republic (A$m):                                                                        4                                 0.0%           146th                      0.7%
 Imports from Slovak Republic (A$m):                                                                    154                                 0.1%            56th                     38.7%
 Total trade (exports + imports) (A$m):                                                                 157                                 0.0%            68th                     37.5%
Major Australian exports, 2010 (A$m):                                                                          Major Australian imports, 2010 (A$m):
 Medical instruments (incl veterinary)                                                1                         Passenger motor vehicles                                                    93
                                                                                                                Musical instruments & parts                                                  8
                                                                                                                Glassware                                                                    5
                                                                                                                Furniture, mattresses & cushions                                             5


Australia's trade in services with Slovak Republic, 2010:                                                                          Total share:
 Exports of services to Slovak Republic (A$m):                                                           na                                     na
 Imports of services from Slovak Republic (A$m):                                                         na                                     na
Australia's investment relationship with Slovak Republic, 2010 (e):                                                                                              Total:                  FDI:
 Australia's investment in Slovak Republic (A$m):                                                                                                                     16                    13
 Slovak Republic's investment in Australia (A$m):                                                                                                                      1                    nil

Slovak Republic's global merchandise trade relationships:
Slovak Republic's principal export destinations, 2010:                                                         Slovak Republic's principal import sources, 2010:
      1     Germany                           19.3%                                                                 1     Germany                            15.6%
      2     Czech Republic                    14.0%                                                                 2     Czech Republic                     10.5%
      3     Poland                             7.3%                                                                 3     Russian Federation                  9.4%
     37     Australia                          0.2%                                                                55     Australia                           0.0%
                                    Compiled by the Market Information and Research Section, DFAT, using the latest data from the ABS, the IMF and various international sources.
(a) All recent data subject to revision; (b) IMF/EIU forecast; (c) PPP is purchasing power parity; (d) Total may not add due to rounding; (e) Stock, as at 31 December. Released annually
by the ABS.     na Data not available.     np Data not published.   .. Data not meaningful.

						
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