"Tatra Tiger" is a nickname that refers to the economy of Slovakia in period 2002 – 2007,[1] following the ascendance of a right-leaning coalition in September 2002 which engaged in a program of liberal economic reforms.
In 2004 and 2005, Slovakia had one of the highest gross domestic product growth rates in the European Union after some of the Baltic countries, reaching 6%.
The growth came as a surprise to local analysts, given that another big foreign investor, Kia, launched its production in late 2006.
), the replacement of progressive taxation with a flat tax, rapid changes of laws and other legal regulations, and rising property prices.
Numbers in brackets show the respective country's GDP per capita as a percentage of the European Union average (also measured at PPP).