Economy of Slovakia

Economy Of Slovakia

Slovakia's economy increasingly resembles that of a so-called developed country. With the highest sustained GDP growth in the European Union, reporting 10.4% in 2007 and the highest rating from V4 countries, the Slovak economy has been considered a tiger economy known as the Tatra Tiger. Slovakia has been an EU member state since 2004 and adopted the euro currency at the beginning of 2009. Its capital, Bratislava, is the largest financial centre in Slovakia. Unemployment has fallen considerably, although long-term unemployment remains high. GDP per capita at purchasing power parity was €18,100 in 2010, which was 74% of the EU average .

Read more about Economy Of Slovakia:  History, Economic Growth, Fiscal Policy, Foreign Investments, Services, Industry, Agriculture, R&D, Labour, Statistics

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