Slovenia
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.
| FORECAST* | ||||||
|---|---|---|---|---|---|---|
| Main Economic Indicators | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Population, 1000 persons | 2065 | 2066 | 2074 | . | . | . |
| GDP, real change in % | 3.1 | 4.8 | 4.1 | 2.9 | 2.8 | 2.8 |
| GDP per capita (EUR at PPP) | 24200 | 25500 | 26900 | . | . | . |
| Gross industrial production, real change in % | 7.1 | 7.7 | 4.9 | . | . | . |
| Unemployment rate - LFS, in %, average | 8.0 | 6.6 | 5.1 | 4.5 | 4.0 | 4.0 |
| Average gross monthly wages, EUR | 1584 | 1626 | 1682 | . | . | . |
| Consumer prices, % p.a. | -0.2 | 1.6 | 1.9 | 1.7 | 1.8 | 2.0 |
| Fiscal balance in % of GDP | -1.9 | -0.0 | 0.8 | . | . | . |
| Public debt in % of GDP | 78.7 | 74.1 | 70.4 | . | . | . |
| Current account in % of GDP | 4.8 | 6.1 | 5.7 | 4.8 | 4.6 | 4.4 |
| FDI inflow, EUR mn | 1298 | 1065 | 1295 | . | . | . |
| Gross external debt in % of GDP | 109.7 | 100.5 | 92.0 | . | . | . |
Basic data are continuously updated.
* Forecasts are changed beginning of March, July and November.
See Press Conferences.
SLOVENIA: Domestic resilience amid external weakness
Hermine Vidovic
in: Braced for Fallout from Global Slowdown
wiiw Forecast Report No. Autumn 2019, November 2019 , pp. 118-121
Details and Buy
Monthly Report No. 6/2019
Vasily Astrov, Rumen Dobrinsky, Richard Grieveson, Doris Hanzl-Weiss, Gabor Hunya, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter, Hermine Vidovic and Goran Vuksic
wiiw Monthly Report No. 6, June 2019
27 pages including 24 Tables and 1 Figure