BUSINESS IN SHORT

Slovakia’s economy is 6th most open

THE VALUE of goods and services exported from Slovakia in 2011 represented 89 percent of its GDP, according to Poštová Banka analyses based on Eurostat figures. The proportion of imported goods and services reached 87 percent of GDP, the TASR newswire reported.

THE VALUE of goods and services exported from Slovakia in 2011 represented 89 percent of its GDP, according to Poštová Banka analyses based on Eurostat figures. The proportion of imported goods and services reached 87 percent of GDP, the TASR newswire reported.

“So, the overall level of openness of the Slovak economy stood at 176 percent last year and was the sixth highest within the EU,” stated Poštová Banka, as quoted by TASR.

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