wiiw Forecast Reports

SLOVENIA: Weathering the storm better than expected, but will it last?

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Niko Korpar

in: No Quick Recovery in Sight, with Coronavirus Risks Looming Large
wiiw Forecast Report No. Autumn 2020, November 2020 , pp. 117-120

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Although Slovenia’s economy was hit hard by the pandemic and will decline by 6.7% in 2020, this is a significant revision upwards from the previous forecast. A combination of fiscal measures, improving domestic and foreign demand, and stable corporate and bank finances give grounds for cautious optimism for recovery, which will be gradual and uneven. However, much will depend on the global epidemiological situation in the coming months, as well as on the strength of export demand from Slovenia’s major trading partners.

 

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

Countries covered: Slovenia


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