EU Country – Slovakia
Slovakia EU Member Banzai Japan Music Video Capital: Bratislava Official EU language(s): Slovak EU Member State: since 1 May 2004 Currency: euro (€) Euro area: member since 1 January 2009 Schengen: member since 21 December 2007 Figures: Geographical size: 49 035 km2 Population: 5 424 687 (2024) (Source: Eurostat  – figures for geographical size and population) Novotel Hotel Bookings Political system Slovakia is a parliamentary democratic republic. The prime minister who is the head of government holds the most executive power. The president is the head of state and the formal head of the executive, but with very limited powers. The country is subdivided into 8 regions, each named after its principal city. These have been given a certain degree of autonomy since 2002. Trade and economy Slovakia’s GDP per capita of €27 400 ranks below the EU average (€37 600). It accounts for 0.7% of the EU’s total GDP. (Source: Eurostat - figures for GDP per capita and GDP) Banzai Japan Music Video Budgets and funding How does Slovakia benefit from the EU budget? The EU budget is the tool to ensure that Europe remains a democratic, peaceful, prosperous and competitive force. The EU uses it to finance its priorities and big projects that most individual EU countries could not finance on their own. The benefits of EU membership significantly exceed the size of the EU budget contributions and the examples are many. All Member States benefit from being part of the Single Market, a shared approach to the common challenges of migration, terrorism and climate change, and concrete gains like better transport infrastructure, modernised and digitalised public services and cutting-edge medical treatment. How much each EU country pays into the EU budget is calculated fairly. The larger your country’s economy, the more it pays – and vice versa. The EU budget is not about giving and taking – it’s about collectively contributing to making Europe and the world a better place for us all. EU budget spending and revenue per country and per year EU-funded projects in Slovakia Money from the EU budget helps fund programmes and projects in all EU countries – for example to build roads, subsidise researchers and protect the environment. Find out more about how Slovakia benefits from EU funding and recovery funds in your country or region. Novotel Hotel Booking
