Slovakia

Slovakia is a developed, high-income EU and eurozone economy that has become one of the world's largest per-capita car producers, having drawn major automakers since splitting peacefully from the Czechs in 1993.

Its small, open economy is tightly bound to German manufacturing, making it prosperous but exposed to swings in the auto industry and European demand.

Key Sectors

The automotive industry is the flagship, with several major carmakers, alongside electronics and electrical equipment, machinery, metals, and chemicals.