In 2016 external demand has been the key driver of Slovenia’s GDP growth; it is expected to reach 2.4%. GDP growth will gain momentum throughout the forecast period given the openings offered by the new cycle of EU-funded investments. Exports and the gradual recovery of household consumption on account of better labour market conditions will remain the main drivers of growth.
|Main Economic Indicators||2013||2014||2015||2016||2017||2018|
|Population, 1000 persons.||2060||2062||2064||.||.||.|
|GDP, real change in %||-1.1||3.1||2.3||2.4||2.6||2.9|
|GDP per capita (EUR at PPP)||21700||22800||23900||.||.||.|
|Gross industrial production, real change in %||-1.0||2.2||5.6||.||.||.|
|Unemployment rate - LFS, in %, average||10.1||9.7||9.0||8.5||8.0||7.5|
|Average gross monthly wages, EUR||1523||1540||1556||.||.||.|
|Consumer prices, % p.a.||1.9||0.4||-0.8||-0.5||1.0||1.0|
|Fiscal balance in % of GDP||-15.0||-5.0||-2.7||.||.||.|
|Public debt in % of GDP||71.0||80.9||83.1||.||.||.|
|Current account in % of GDP||4.8||6.2||5.2||7.0||6.0||5.0|
|FDI inflow, EUR mn||71||739||1516||.||.||.|
|Gross external debt in % of GDP||116.6||124.6||116.6||.||.||.|
Basic data are continuously updated.
* Forecasts are changed beginning of March, July and November.
See Press Conferences.
SLOVENIA: Waiting for new EU investment cycle
in: Labour Shortages Driving Economic Growth?
wiiw Forecast Report No. Autumn 2016, November 2016 , pp. 112-115 Details and Buy
Monthly Report No. 7-8/2016
Vasily Astrov, Serkan Çiçek, Rumen Dobrinsky, Vladimir Gligorov, Doris Hanzl-Weiss, Peter Havlik, Mario Holzner, Gabor Hunya, Simona Jokubauskaite, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter and Hermine Vidovic
wiiw Monthly Report No. 7-8, July-August 2016
25 pages including 1 Table and 1 Figure