Includes Slovenia real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Slovenia economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Slovenia best banks and safest banks are also available.
Basic Information
Government Type: Parliamentary republic
Capital City: Ljubljana
GDP & Economic Information
Macroeconomy & Sovereign Data
Central Bank | Bank of Slovenia |
---|---|
Currency | Euros (EUR) |
International Reserves |
USD 2.27 billion (2021) International Monetary Fund (IMF), data retrieved January 2022 |
Gross Domestic Product – GDP |
USD 60.89 billion (2021 estimate) IMF – World Economic Outlook, October 2021 |
GDP (Purchasing Power Parity) |
USD 90.91 billion (2021 estimate) IMF – World Economic Outlook, October 2021 |
GDP Data
Real GDP growth |
2017 4.8% 2018 4.4% 2019 3.3% 2020 -42% 2021* 6.3% *Estimate |
---|---|
GDP per capita – current prices |
USD 28,939.27 (2021 estimate) IMF – World Economic Outlook, October 2021 |
GDP per capita – PPP |
USD 43,206.36 (2021 estimate) IMF – World Economic Outlook, October 2021 |
GDP (PPP) – share of world total |
0.06% (2021 estimate) IMF – World Economic Outlook, October 2021 |
GDP – composition by sector |
agriculture: 2.1% industry: 29.4% services: 56.9% (2020 estimate) |
Gross domestic expenditure on R&D; (% of GDP) |
2.0% (2019) OECD, retrieved January 2022 |
Inflation |
2017 4.8% 2018 4.4% 2019 3.3% 2020 –42% 2021* 6.3% *Estimate |
Slovenia
Inflation & Debt
Inflation |
2017 4.8% 2018 4.4% 2019 3.3% 2020 –42% 2021* 6.3% *Estimate |
---|---|
Government Bond Ratings |
Standard & Poor’s: AA– Moody’s: A3 Standard & Poor’s / Moody’s |
Unemployment rate |
2017 4.8% 2018 4.4% 2019 3.3% 2020 –42% 2021* 6.3% *Estimate |
Household saving rates |
16.3% (2020) OECD, retrieved January 2022 |
Public debt (General government gross debt as a % of GDP) |
2017 74.1% 2018 70.3% 2019 65.6% 2020 79.8% 2021* 77.2% *Estimate |
Public deficit (General government net lending/borrowing as a % of GDP) |
2017 2.1% 2018 2.5% 2019 –1.9% 2020* -6.9% 2021* -5.8% *Estimate |
Market value of publicly traded shares |
USD 8.4 billion (2020) World Bank / Market capitalization |
Largest Companies | N/A |
Import/Export
Exports as percent of GDP (Exports of goods and services) |
77.9% (2020) World Bank – World Development Indicators (updated Feb 2022) |
---|---|
Shares in world total merchandising export | 0.25% (2020) |
Shares in world total commercial services export |
0.2% (2020) |
Total exports | USD 41.7 billion (2020 estimate) |
Export commodities | Packaged medicines, cars and vehicle parts, refined petroleum, electrical lighting/signaling equipment, electricity (2019) |
Total imports | USD 36.6 billion (2020 estimate) |
Import commodities | Packaged medicines, cars and vehicle parts, refined petroleum, delivery trucks, electricity (2019) |
Exports – major partners |
Germany 18%, Italy 11%, Croatia 8%, Austria 7%, France 5%, Switzerland 5% (2019) |
Imports – major partners | Germany 14%, Italy 12%, Austria 8%, Switzerland 8%, China 7% (2019) |
Competitiveness & Trade
Current account balance |
USD 3.9 billion (2021 estimate) IMF – World Economic Outlook, October 2021 |
---|---|
Current account balance by percentage of GDP |
6.4% (2021 estimate) IMF – World Economic Outlook, October 2021 |
FDI inflows |
2019 USD 1.4 billion 2020 USD 1.2 billion 2021 USD 529 million |
FDI Outflows |
2019 USD 281 million 2020 USD 389 million 2021 USD 555 million |
Value of cross-border M&A, by country of purchaser | N/A |
Cross-border M&A deals worth over $3 billion completed in 2014 | N/A |
Cross-border M&A deals worth over $3 billion completed in 2015 | N/A |
Best countries for doing business |
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm. Overall ranking: 37 out of 190 countries Subcategories: Starting a Business: 41 out of 190 countries Dealing with Construction Permits: 119 out of 190 countries Getting Electricity: 23 out of 190 countries Registering Property: 54 out of 190 countries Getting Credit: 119 out of 190 countries Protecting Minority Investors: 18 out of 190 countries Paying Taxes: 45 out of 190 countries Trading across Borders: 1 out of 190 countries Enforcing Contracts: 112 out of 190 countries Resolving Insolvency: 8 out of 190 countries World Bank – Doing Business 2020 |
Global competitiveness ranking |
60 out of 141 (2019) World Economic Forum / Global competitiveness ranking |
Index of Economic Freedom |
Ranking: 32 / Score: 70.5 (Mostly Free) The Heritage Foundation – 2022 Index of Economic Freedom |
Population & Geographic Data
Total Area |
20,273 sq km |
---|---|
Total Population |
1990 N/A 2000 1.99 Million 2010 2.05 Million 2015 2.06 Million 2020 2.07 Million |
Urban population as % of total population |
1960 28.2% 1980 48% 2000 50.8% 2020 54.5% |
Population median age |
44.2 years CIA World Factbook / Population median age |
Population growth rate | 0.03% (2018 estimate) |
Life expectancy |
81.2 years (2018 estimate) CIA World Factbook / Life expectancy |
% of population living on less than $3.10 a day | 0% (last available estimate, 2015) |
Inequality of wealth distribution (Gini index) |
25.4 (last available estimate, 2015) (0=perfect equality, 100=absolute inequality) |
Freedom House rating |
Free Political Rights: 1 Civil Liberties: 1 (2019) (1 represents the most free, 7 the least free rating) |
Total telephone subscribers as % of population |
Fixed: 33.4% Mobile: 118.7% (2018) (fixed-telephone subscribers and mobile-cellular subscribers) |
Internet users as % of total population | 79.75 % (20 |
Language & Religon
Languages | Slovenian (official) 91.1%, Serbo-Croatian 4.5%, other or unspecified 4.4%, Italian (official, only in municipalities where Italian national communities reside), Hungarian (official, only in municipalities where Hungarian national communities reside) |
---|---|
Literacy |
Total population: 99.7% Male: 99.7% Female: 99.7% Definition: na (2015 est.) |
Religions | Catholic 57.8%, Muslim 2.4%, Orthodox 2.3%, other Christian 0.9%, unaffiliated 3.5%, other or unspecified 23%, none 10.1% (2002 census) |
World Rankings
Population | 2.07 million |
---|---|
Mercer Cost of living index | Ljubljana: 142nd (2019) |
C02 Emissions per capita | 6.21 metric tons per capita (2014) |
Global Finance Rankings & Awards: Slovenia
Global Finance Magazine holds several conferences and awards ceremonies throughout the year to recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.
Data Sources:
IMF World Economic Outlook
UN World Population Prospects
World Inequality Report
S&P Global Ratings
Moody’s
Fitch Ratings
IMF Direction of Trade Statistics (DOTS)
UN Conference on Trade and Development (UNCTAD)
CIA The World Factbook
World Bank’s World Integrated Trade Solution
Forbes Global 2000