Slovakia, a land of tourism, foreign investments, car manufacturing and electrical engineering

Trending realities in Slovakia are very exciting. The Slovak economy is a developed, high-income economy, with + 5 million consumers. Slovakia successfully transformed from a centrally planned economy to a market-driven economy. 

In 2016, Slovakia was ranked as the 40th richest country in the world, with a nominal per capita GDP of $16,499.

Slovakia is an attractive country for foreign investors mainly because of its low wages, low tax rates and well educated labour force.

The industrial sector as the services sector also plays an important role within its economy. The main industry sectors are car manufacturing and electrical engineering.

Slovakia imported electricity mainly from the Czech Republic (9 961 GWh – 73.6% of total import) and exported mainly to Hungary (10 231 GWh – 78.2% of total export).

Bratislava's M. R. Štefánik Airport is the main international airport in Slovakia. It is located 9 kilometres (5.6 miles) northeast of the city centre. It serves civil and governmental, scheduled and unscheduled domestic and international flights.

The Port of Bratislava is one of the two international river ports in Slovakia.

The port connects Bratislava to international boat traffic, especially the interconnection from the North Sea to the Black Sea via the Rhine-Main-Danube Canal. Additionally, tourist lines operate from Bratislava's passenger port, including routes to Devín, Vienna and elsewhere.

Slovakia features natural landscapes, mountains, caves, medieval castles and towns, folk architecture, spas and ski resorts. More than 5 million tourists visited Slovakia in 2016, and the most attractive destinations are the capital of Bratislava and the High Tatras. Most visitors come from the Czech Republic (about 26%), Poland (15%) and Germany (11%).