wiiw Current Analyses and Forecasts

Slovenia: Impact of the recession still strongly felt

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Hermine Vidovic

in: Recovery - in Low Gear across Tough Terrain
wiiw Current Analyses and Forecasts No. 7, March 2011 , pp. 74-76

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GDP growth in Slovenia was subdued in 2010. Backed primarily by foreign demand, the economy should grow by some 2% in 2011, while a more pronounced upswing can only be expected in 2012, provided a recovery in investment and private consumption sets in. Household consumption will only increase, if labour market conditions improve. Developments in the European Union will be key to a sustained economic upswing.

 

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

Countries covered: Visegrad countries, Slovenia


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