Slovakia, with a population of approximately 5.4 million (2023), is a landlocked country in Central Europe known for its rich history and stunning landscapes. The Slovak economy is characterized by a diverse mix of services, manufacturing, and agriculture. The services sector plays a crucial role, particularly in finance, trade, and tourism, as visitors are drawn to its historic cities and beautiful natural scenery. Slovakia is renowned for its manufacturing sector, particularly in automotive production, which has become a significant driver of economic growth and exports. With a GDP estimated at around $120 billion and a per capita income of approximately $22,000 (2023), Slovakia continues to enhance its competitiveness within the European Union. Its strategic location in Europe facilitates trade and connectivity with neighboring markets.
The Slovak government and business community can collaborate with the World Business Council to promote sustainable industrial practices, enhance innovation in technology, and strengthen international trade relationships for comprehensive economic development.