Slovakia
The light green area is the rest of the European Union
Slovakia was the 60th largest economy in the world by nominal GDP in 2018. Its GDP per capita was $19,547 USD. It has grown strongly in recent years with a growing car and IT industry. It was ranked 16th in the Economic Complexity Index in 2017. It is a member of the EU and OECD. Services was the largest economic sector in 2018 (55.5 percent of GDP), followed by manufacturing (20 percent), and agriculture (3 percent). In 2017, the largest export sectors were vehicles (25.46 percent), electronics (17.57 percent), machinery (12.3 percent), and services (10.98 percent). The largest individual exports were cars (17.65 percent), monitors and projectors (5.72 percent), parts of motor vehicles (5.65 percent), and IT services (4.53 percent). Its largest export partners were Germany (19.23 percent), Czechia (11 percent), Poland (7.63 percent), and Hungary (6.33 percent). The largest goods imports were parts of motor vehicles (8.39 percent), transmission apparatus for radios, telephones, and televisions (6.24 percent), and cars (3.53 percent). Czechoslovakian industry was already well developed by the start of World War Two and survived the war largely intact. Following the fall of communism in 1989 and the dissolution of Czechoslovakia in 1993, Slovakia's economy initially grew slowly because of the country's authoritarian leadership and high levels of corruption. In 1998, a new government brought reforms which were deepened by the accession process and the move to adopt the euro. The reforms and EU integration led to strong growth with exports and investment being strong drivers. In particular, the car industry has grown rapidly. Since joining the EU in 2004, the economy has been among the fastest growing in the EU. The global financial led to a recession in 2009 but the economy recovered strongly. The IT sector is also growing and Bratislava has developed a vibrant start-up scene.