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Increased foreign demand and rising investments supported by EU funds helped Slovenia to return to a growth path, at least temporarily, after the crisis. GDP growth in 2014 could come close to 2%, but will weaken again in the two years thereafter on account of dwindling investment activities and subdued economic growth being registered by its main trading partners. The newly elected government will have to continue its fiscal consolidation policy, including speeding up privatisation. Company deleveraging will also continue in the foreseeable future and remain an impediment to growth.
|Main Economic Indicators||2011||2012||2013||2014||2015||2016|
|Population, 1000 persons.||2053||2057||2060||.||.||.|
|GDP, real change in %||0.6||-2.6||-1.0||1.8||1.5||1.5|
|GDP per capita (EUR at PPP)||21600||21800||21800||.||.||.|
|Gross industrial production, real change in %||1.3||-1.1||-0.9||.||.||.|
|Unemployment rate - LFS, in %, average||8.2||8.9||10.1||10.0||9.8||9.6|
|Average gross monthly wages, EUR||1525||1525||1523||.||.||.|
|Consumer prices, % p.a.||2.1||2.8||1.9||0.4||1.0||1.0|
|Fiscal balance in % of GDP||-6.2||-3.8||-14.6||.||.||.|
|Public debt in % of GDP||46.2||53.4||70.4||.||.||.|
|Current account in % of GDP||0.4||2.8||5.8||5.3||4.7||4.4|
|FDI inflow, EUR mn||718||-59||-786||.||.||.|
|Gross external debt in % of GDP||108.8||114.6||110.5||.||.||.|
Basic data are continuously updated.
* Forecasts are changed beginning of March, July and November.
See Press Conferences.
SLOVENIA: Unexpectedly high GDP growth
in: On Thin Ice: CESEE Core Resilient in the Face of EU Stagnation and the Ukraine Crisis
wiiw Forecast Report No. Autumn 2014, November 2014 , pp. 81-84 Details and Buy
Monthly Report No. 7-8/2014
Vasily Astrov, Rumen Dobrinsky, Vladimir Gligorov, Doris Hanzl-Weiss, Peter Havlik, Mario Holzner, Gabor Hunya, Michael Landesmann, Sebastian Leitner, Leon Podkaminer, Sandor Richter and Hermine Vidovic
wiiw Monthly Report No. 7-8, July 2014
23 pages including 1 Table and 2 Figures Details