wiiw Current Analyses and Forecasts

Slovenia: Strenuous recovery after severe recession


Hermine Vidovic

in: Will Exports Prevail over Austerity?
wiiw Current Analyses and Forecasts No. 6, July 2010 , pp. 88-90

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GDP growth in Slovenia in 2010 will at best be slightly positive on account of a moderate rise in foreign demand.
Given the shift to fiscal consolidation, public investments will need some time to recover and private consumption will only rise gradually as disposable income will be held back by further job reductions this year and probably stagnation in 2011.
The key to potential recovery lies in the degree of recovery in Slovenia's main trading partners: Germany and Italy, in particular.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Visegrad countries, Slovenia