Slovenia
Following the favourable developments during the first months of the year, we have revised our GDP growth forecast from the earlier 2.9% to 3.5% in 2017. GDP growth is expected to remain robust, above 3% annually until the end of the forecasting period in 2019. Expansion of household consumption will remain strong, supported by rising employment and wages. Investments are expected to further expand fuelled by EU transfers under the new financial programming period.
| FORECAST* | ||||||
|---|---|---|---|---|---|---|
| Main Economic Indicators | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| Population, 1000 persons | 2062 | 2064 | 2065 | . | . | . |
| GDP, real change in % | 3.0 | 2.3 | 3.1 | 3.5 | 3.2 | 3.1 |
| GDP per capita (EUR at PPP) | 22900 | 24000 | 24400 | . | . | . |
| Gross industrial production, real change in % | 2.2 | 5.6 | 7.1 | . | . | . |
| Unemployment rate - LFS, in %, average | 9.7 | 9.0 | 8.0 | 7.5 | 6.9 | 6.5 |
| Average gross monthly wages, EUR | 1540 | 1556 | 1585 | . | . | . |
| Consumer prices, % p.a. | 0.4 | -0.8 | -0.2 | 1.5 | 1.8 | 1.8 |
| Fiscal balance in % of GDP | -5.3 | -2.9 | -1.8 | . | . | . |
| Public debt in % of GDP | 80.3 | 82.6 | 78.4 | . | . | . |
| Current account in % of GDP | 5.8 | 4.4 | 5.2 | 6.4 | 4.6 | 4.5 |
| FDI inflow, EUR mn | 739 | 1560 | 1312 | . | . | . |
| Gross external debt in % of GDP | 125.7 | 120.1 | 110.9 | . | . | . |
Basic data are continuously updated.
* Forecasts are changed beginning of March, July and November.
See Press Conferences.
Monthly Report No. 7-8/2017
Vasily Astrov, Rumen Dobrinsky, Vladimir Gligorov, Richard Grieveson, Doris Hanzl-Weiss, Peter Havlik, Gabor Hunya, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter and Hermine Vidovic
wiiw Monthly Report No. 7-8, July-August 2017
27 pages including 1 Table and 2 Figures
SLOVENIA: Robust growth expectations
Hermine Vidovic
in: Cautious Upturn in CESEE: Haunted by the Spectre of Uncertainty
wiiw Forecast Report No. Spring 2017, March 2017 , pp. 119-122
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