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.

map Slovenia
        FORECAST*
Main Economic Indicators201620172018201920202021
Population, 1000 persons206520662074...
GDP, real change in %3.14.84.12.92.82.8
GDP per capita (EUR at PPP)242002550026900...
Gross industrial production, real change in %7.17.74.9...
Unemployment rate - LFS, in %, average8.06.65.14.54.04.0
Average gross monthly wages, EUR158416261682...
Consumer prices, % p.a.-0.21.61.91.81.82.0
Fiscal balance in % of GDP-1.9-0.00.8...
Public debt in % of GDP78.774.170.4...
Current account in % of GDP4.86.15.74.84.64.4
FDI inflow, EUR mn129810651295...
Gross external debt in % of GDP109.7100.592.0...


Basic data are continuously updated.

* Forecasts are changed beginning of March, July and November.
See Press Conferences.

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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
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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

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