Despite the business landscape enjoying relative economic freedom, political instability has been a common feature of Slovakia. Although joblessness is relatively low, wages are increasing, also adding to very high inflation, whilst the war in Ukraine is negatively impacting the economy. A shrinking and elderly populace is not a barrier for the consumer market, given a strong trend in rising incomes. Internet and mobile use continues to expand, but innovation is stymied by limited investment.
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Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.
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