wiiw Forecast Reports
SLOVENIA: Unexpectedly high GDP growth
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in: On Thin Ice: CESEE Core Resilient in the Face of EU Stagnation and the Ukraine Crisis
wiiw Forecast Report No. Autumn 2014, November 2014 , pp. 81-84
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SLOVENIA
Increased foreign demand and rising investments supported by EU funds helped Slovenia to return to a growth path, at least temporarily, after the crisis. GDP growth in 2014 could come close to 2%, but will weaken again in the two years thereafter on account of dwindling investment activities and subdued economic growth being registered by its main trading partners. The newly elected government will have to continue its fiscal consolidation policy, including speeding up privatisation. Company deleveraging will also continue in the foreseeable future and remain an impediment to growth.
Increased foreign demand and rising investments supported by EU funds helped Slovenia to return to a growth path, at least temporarily, after the crisis. GDP growth in 2014 could come close to 2%, but will weaken again in the two years thereafter on account of dwindling investment activities and subdued economic growth being registered by its main trading partners. The newly elected government will have to continue its fiscal consolidation policy, including speeding up privatisation. Company deleveraging will also continue in the foreseeable future and remain an impediment to growth.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Slovenia, Visegrad countries