wiiw Forecast Reports

SLOVENIA: Domestic resilience amid external weakness

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Hermine Vidovic

in: Braced for Fallout from Global Slowdown
wiiw Forecast Report No. Autumn 2019, November 2019 , pp. 118-121

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After a strong increase in 2018, economic activity slowed in the course of 2019 due to weakening foreign demand. However, thanks to a continued rise in consumption and investments, GDP growth will end up at a fairly robust 2.9% for the year as a whole, with unemployment reaching record lows. In the coming years we expect GDP growth to remain subdued, driven mostly by domestic demand. Banking privatisation has been finally completed after a long lasting process.

 

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

Countries covered: Slovenia


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