wiiw Current Analyses and Forecasts
Slovenia: Impact of the recession still strongly felt
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in: Recovery - in Low Gear across Tough Terrain
wiiw Current Analyses and Forecasts No. 7, March 2011 , pp. 74-76
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