Slovakia

Slovakia is a landlocked country in Central Europe bordered by The Czech Republic, Austria, Hungary, Ukraine and Poland. The country's geography is characterized by major differences in altitude.Central and northern Slovakia are mountainous regions covered by the Carpathian Mountains.Southern and eastern Slovakia are lowland regions and important agricultural areas of the country. The Danube River connects Slovakia with Vienna and Budapest, the Rhine-Main channel, and the Black Sea port.

Slovakia has achieved both political and economic stability since its independence following the breakup of Czechoslovakia in 1993. Its economy is one of the fastest growing economies in Europe.  Slovakia’s middle class owns more wealth than any other middle class in the countries that are members of OECD.

As the country has introduced the Euro as their currency, the economy of Slovakia is sensitive to the status of the European economy, compared to the other CEE countries. The total FDI stock was at 62 billion USD (46.8% of GDP) in 2023.
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