Slovenia
After another successful year, GDP growth is expected to moderate to 3% or even less between 2019 and 2021. Investments spurred by EU funding and consumption backed by rising wages will continue to be important drivers of economic activity. The contribution of net exports is likely to turn negative in the forecast period given a weakening of external demand. In the medium term the shrinking of the working-age population and increasing labour shortages may become growth-limiting factors.
| FORECAST* | ||||||
|---|---|---|---|---|---|---|
| Main Economic Indicators | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Population, 1000 persons | 2065 | 2066 | 2070 | . | . | . |
| GDP, real change in % | 3.1 | 4.9 | 4.5 | 3.2 | 3.0 | 2.9 |
| GDP per capita (EUR at PPP) | 24100 | 25500 | 27100 | . | . | . |
| Gross industrial production, real change in % | 7.1 | 7.7 | 4.4 | . | . | . |
| 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 | 1.8 | 1.8 | 2.0 |
| Fiscal balance in % of GDP | -1.9 | 0.0 | 0.7 | . | . | . |
| Public debt in % of GDP | 78.7 | 74.1 | 70.1 | . | . | . |
| Current account in % of GDP | 5.5 | 7.2 | 7.0 | 6.8 | 6.2 | 5.9 |
| FDI inflow, EUR mn | 1298 | 966 | 1284 | . | . | . |
| Gross external debt in % of GDP | 111.0 | 101.9 | 92.5 | . | . | . |
Basic data are continuously updated.
* Forecasts are changed beginning of March, July and November.
See Press Conferences.
SLOVENIA: Solid growth
Hermine Vidovic
in: Moving Into the Slow Lane
wiiw Forecast Report No. Spring 2019, March 2019 , pp. 140-143
Details and Buy
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, August 2017
27 pages including 1 Table and 2 Figures