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Slovenia could avert a bailout in 2013 but will have to continue the restructuring of its banking and corporate sectors to create the basis for sustainable growth. In addition, further fiscal consolidation can be expected. Owing to corporate deleveraging and dampened household consumption as a consequence of rising unemployment, the economy will remain in recession in 2014 and should rebound only in 2015.
|Main Economic Indicators||2011||2012||2013||2014||2015||2016|
|Population, 1000 persons.||2053||2057||2059||.||.||.|
|GDP, real change in %||0.7||-2.5||-1.1||-0.5||0.5||1.4|
|GDP per capita (EUR at PPP)||21200||21400||21300||.||.||.|
|Gross industrial production, real change in %||1.3||-1.1||-0.5||.||.||.|
|Unemployment rate - LFS, in %, average||8.2||8.9||10.1||11.5||11.5||11.0|
|Average gross monthly wages, EUR||1525||1525||1523||.||.||.|
|Consumer prices, % p.a.||2.1||2.8||1.9||1.9||1.9||1.8|
|Fiscal balance in % of GDP||-6.3||-3.8||-15.0||.||.||.|
|Public debt in % of GDP||47.1||54.4||75.0||.||.||.|
|Current account in % of GDP||0.4||3.3||6.3||5.3||4.9||4.5|
|FDI inflow, EUR mn||718||-46||-511||.||.||.|
|Gross external debt in % of GDP||110.9||115.7||112.1||.||.||.|
Basic data are continuously updated.
* Forecasts are changed beginning of March, July and November.
See Press Conferences.
SLOVENIA: Bailout avoided
in: Investment to the Rescue
wiiw Forecast Report No. Spring 2014, March 2014 , pp. 71-73 Details and Buy
Monthly Report No. 2/2014
Vladimir Gligorov, Olga Pindyuk, Leon Podkaminer, Johannes Pöschl and Roman Römisch
wiiw Monthly Report No. 2, February 2014
29 pages including 14 Tables and 8 Figures Details