Slovakia
Capital city
Bratislava
Currency
Euro
Population
5 450 000
Language
Slovak
Facts and statistics
Slovakia is a landlocked country located in Central Europe, which borders the Czech Republic, and therefore some characteristics of the online market will be similar to those in the Czech Republic. The country is one of the smaller European economies. The low number of e-shops and low competition provide a great opportunity for expansion into this online market. The state is heavily dependent on its main trading partner, Germany. In our article we will provide you with information on how widely e-commerce is used in Slovakia, the types of goods that are most purchased over the Internet, and we will also introduce the factors that differentiate the Slovak e-commerce market.
10%
Market growth
0,90 mld €
Online sales turnover
10 000
Number of e-shops
545
Population per e-shop
20%
Tax rate
72%
Internet usage rate