wiiw Forecast Reports

SLOVENIA: Solid economic performance, with a downturn just around the corner


Niko Korpar

in: Bracing for the Winter
wiiw Forecast Report No. Autumn 2022, October 2022 , pp. 142-145

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In 2022, we estimate that Slovenia’s real GDP will have expanded by 5.7%, mostly due to very high growth in the first half of the year. However, next year it will decline to 1.9%, as consumption and investments start to shrink due to inflation, and as manufacturing begins to feel the full extent of the energy crisis. To counter inflation, the government has introduced various support mechanisms and is trying to secure enough gas to last the winter; however, uncertainty over the energy supply and prices has contributed to falling business confidence.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Slovenia