wiiw Forecast Reports

SLOVENIA: Economic resilience in light of a disastrous second wave

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Niko Korpar

in: Darkest before the dawn?
wiiw Forecast Report No. Spring 2021, April 2021 , pp. 127-130

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The economy remained robust during the strong second wave of the pandemic, which got under way in October. Exports, manufacturing and construction covered the losses in services and retail incurred by a prolonged lockdown. Government support measures continue to shield domestic firms and the labour market from shocks. In 2021 the ongoing pandemic will dampen the recovery and restrict the projected growth rate to 3.6%, underpinned by a strong current-account surplus and European recovery funds.

 

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

Countries covered: Slovenia


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