Slovenia | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Slovenia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Slovenia economy.


Overview Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 1.20 0.7 0.6 0.6 0.5 0.5 percent [+]
Unemployment Rate 10.20 10.4 10.1 9.8 10.5 8.5 percent [+]
Inflation Rate 1.80 2.2 2.1 2.3 2.4 2.7 percent [+]
Interest Rate 0.00 0 0 0 0 0.5 percent [+]
Balance of Trade 113.40 61.34 55.59 55.28 55.29 55.29 EUR Million [+]
Government Debt to GDP 79.70 77 77 77 75 71 percent [+]
MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 1.12 1.06 1.05 1.04 1.03 0.86 [+]
Stock Market 791.18 765 757 734 741 618 points [+]
Government Bond 10y 0.94 0.96 0.97 0.98 0.99 1.14 percent [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 1.20 0.7 0.6 0.6 0.5 0.5 percent [+]
GDP Annual Growth Rate 2.60 2.6 2.8 2.8 3 2.1 percent [+]
GDP 42.77 47.2 43.18 51.56 42.8 56.58 USD Billion [+]
GDP Constant Prices 9628.50 9758 9798 9828 9851 9919 EUR Million [+]
Gross National Product 20725.35 27059 21870 16680 16965 17564 EUR Million [+]
Gross Fixed Capital Formation 1763.60 1784 1808 1795 1810 1806 EUR Million [+]
GDP per capita 23781.30 23559 23712 23865 23896 24417 USD [+]
GDP per capita PPP 29097.34 28954 29106 29258 29286 29768 USD [+]
GDP From Agriculture 203.40 220 197 207 185 212 EUR Million [+]
GDP From Construction 367.50 353 382 355 316 343 EUR Million [+]
GDP From Manufacturing 1798.80 1931 1785 1815 1786 1840 EUR Million [+]
GDP From Public Administration 1512.20 1448 1481 1529 1502 1579 EUR Million [+]
GDP From Services 1719.30 1710 1709 1709 1709 1709 EUR Million [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 10.20 10.4 10.1 9.8 10.5 8.5 percent [+]
Employed Persons 833608.00 834963 837867 839615 841250 847379 [+]
Unemployed Persons 91087.00 84361 85873 88563 88263 87875 [+]
Long Term Unemployment Rate 4.40 4.22 4.32 4.34 4.3 4.32 percent [+]
Youth Unemployment Rate 13.70 13.89 13.84 13.85 13.85 13.85 percent [+]
Labour Costs 107.10 107 107 108 108 114 Index Points [+]
Job Vacancies 10338.00 10155 10119 10139 10141 10140 [+]
Wages 1624.00 1609 1612 1612 1612 1612 EUR/Month [+]
Wages in Manufacturing 1602.00 1583 1582 1583 1583 1583 EUR/Month [+]
Wage Growth 1.90 1.51 1.41 1.39 1.39 1.39 percent [+]
Minimum Wages 804.96 802 808 795 810 810 EUR/Month [+]
Population 2.06 2.06 2.06 2.06 2.06 2.06 Million [+]
Retirement Age Women 64.33 64.49 64.64 64.8 64.88 65.16 [+]
Retirement Age Men 65.00 65.05 65.18 65.32 65.43 66.75 [+]
Employment Change 0.60 0.58 0.58 0.58 0.58 0.58 percent [+]
Employment Rate 66.60 66.75 67.08 66.93 66.66 67.08 percent [+]
Full Time Employment 827.60 828 830 831 821 832 Thousand [+]
Productivity 100.60 107 111 100 98.08 100 Index Points [+]
Part Time Employment 84.60 84.23 84.2 84.17 84.21 84.2 Thousand [+]
Labor Force Participation Rate 57.20 56.8 56.9 57.05 56.86 56.93 percent [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 1.80 2.2 2.1 2.3 2.4 2.7 percent [+]
Harmonised Consumer Prices 101.18 101 101 101 102 103 Index Points [+]
Consumer Price Index CPI 101.30 101 101 101 102 103 Index Points [+]
Core Consumer Prices 101.72 101 102 102 102 104 Index Points [+]
Core Inflation Rate 1.11 1.18 1.21 1.26 1.3 1.4 percent [+]
GDP Deflator 100.60 100 100 100 100 100 Index Points [+]
Producer Prices 105.10 109 111 113 115 134 Index Points [+]
Export Prices 101.00 102 103 103 103 101 Index Points [+]
Import Prices 101.70 106 105 105 103 102 Index Points [+]
Cpi Housing Utilities 101.07 101 102 102 102 106 Index Points [+]
Cpi Transportation 99.60 99.86 99.96 99.96 99.96 99.96 Index Points [+]
Food Inflation 1.80 1.83 1.69 1.66 1.65 1.65 percent [+]
Producer Prices Change 2.30 2.7 3.2 3 2.8 2.2 percent [+]
Inflation Rate Mom 0.30 -0.21 0.14 0.04 0.07 0.06 percent [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 0.00 0 0 0 0 0.5 percent [+]
Interbank Rate -0.33 -0.33 -0.34 -0.34 -0.34 -0.35 percent [+]
Money Supply M0 4804.00 4869 4932 4990 5048 5697 EUR Million [+]
Money Supply M1 16472.00 17081 17671 18246 18807 24054 EUR Million [+]
Money Supply M2 23608.00 23946 24278 24606 24930 28142 EUR Million [+]
Money Supply M3 23537.00 23579 23579 23580 23580 23580 EUR Million [+]
Foreign Exchange Reserves 289.70 292 290 290 290 290 EUR Million [+]
Banks Balance Sheet 40649.00 40470 40507 40541 40574 40865 EUR [+]
Central Bank Balance Sheet 13536.00 13548 13579 13575 13577 13577 EUR [+]
Private Debt to GDP 138.96 137 135 134 134 128 percent [+]
Loans To Private Sector 9311.00 9251 9196 9146 9100 8755 EUR Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade 113.40 61.34 55.59 55.28 55.29 55.29 EUR Million [+]
Exports 2584.62 2145 2213 2239 2221 2225 EUR Million [+]
Imports 2471.22 2131 2233 2204 2210 2209 EUR Million [+]
Current Account 269.90 231 231 230 230 230 EUR Million [+]
Current Account to GDP 6.90 6.5 7.67 8.05 8.26 11.09 percent [+]
External Debt 43114.70 40288 43156 45506 47592 60875 EUR Million [+]
Terms of Trade 99.00 99.17 99.27 99.36 99.13 98.38 Index Points [+]
Capital Flows -259.10 137 106 101 101 101 EUR Million [+]
Foreign Direct Investment 119.40 76.61 74.52 75.06 75.12 75.13 EUR Million [+]
Tourist Arrivals 240000.00 351874 310872 300746 319183 313627 [+]
Gold Reserves 3.17 3.17 3.17 3.17 3.17 3.17 Tonnes [+]
Crude Oil Production 0.01 0.01 0.01 0.01 0.01 0.01 BBL/D/1K [+]
Terrorism Index 0.00 0 0 0 0 0 [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 79.70 77 77 77 75 71 percent [+]
Government Budget -1.80 -0.8 -0.8 -0.8 -0.6 -0.2 percent of GDP [+]
Government Budget Value 262.00 -94.34 -66.01 -57.1 -57 -58.31 EUR Million [+]
Government Spending 1835.60 1853 1864 1874 1884 1966 EUR Million [+]
Government Spending to GDP 45.50 47.12 46.81 46.5 46.62 47.31 percent [+]
Government Revenues 1190.00 1342 1345 1339 1342 1341 EUR Million [+]
Government Debt 27129.08 27047 27032 26743 26813 26396 EUR Million [+]
Fiscal Expenditure 1310.00 1416 1391 1390 1393 1393 EUR Million [+]
Asylum Applications 30.00 112 74.23 88.29 83.67 83.29 persons [+]
Military Expenditure 488.80 488 493 498 499 503 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Business Confidence 9.00 7 9.14 5 9.08 2 [+]
Industrial Production 9.70 4 8.71 3.6 8.9 2.7 percent [+]
Industrial Production Mom 1.30 0.72 0.28 0.21 0.2 0.2 percent [+]
Manufacturing Production 10.50 9.04 9 9.12 9.17 9.2 percent [+]
Capacity Utilization 85.40 84.03 84.89 84.17 83.34 80.37 percent [+]
Car Registrations 6756.00 6175 6615 6177 6617 6198 Cars [+]
Changes In Inventories 0.90 0.89 0.89 0.89 0.89 0.89 EUR Million [+]
Competitiveness Index 4.39 4.29 4.29 4.29 4.44 4.42 Points [+]
Competitiveness Rank 56.00 57 57 57 55 53 [+]
Ease of Doing Business 30.00 27 23 19 19 9 [+]
Electricity Production 1376.00 1319 1324 1323 1323 1323 Gigawatt-hour [+]
Corruption Index 61.00 60 61 61 61 61 Points [+]
Corruption Rank 31.00 29 28 27 27 27 [+]
Steel Production 55.00 50.4 49.86 50.11 49.92 50.06 Thousand Tonnes [+]
Mining Production 38.80 0.5 1.93 1.92 1.81 1.82 percent [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Consumer Confidence -6.00 -6.09 -5.98 -5.95 -5.96 -5.97 [+]
Retail Sales MoM -2.20 0.59 1.02 1.01 1.01 1.01 percent [+]
Retail Sales YoY 10.40 12.78 13.27 13.4 13.46 13.52 percent [+]
Consumer Spending 5007.00 5086 5131 5142 5158 5200 EUR Million [+]
Personal Savings 9.74 13.62 13.64 13.64 13.64 13.64 percent [+]
Consumer Credit 2223.00 2269 2316 2357 2394 2606 EUR Million [+]
Bank Lending Rate 2.84 2.86 2.86 2.87 2.87 2.9 percent [+]
Gasoline Prices 1.42 1.44 1.46 1.47 1.47 1.47 USD/Liter [+]
Households Debt To Income 45.45 44.56 44.24 43.91 43.88 42.9 percent [+]
HOUSING Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Construction Output 41.50 31.12 29.05 28.75 28.7 28.72 percent [+]
Housing Index 90.05 90.42 90.31 89.96 89.5 89.16 Index points [+]
Building Permits 167.00 223 231 236 235 235 [+]
Home Ownership Rate 76.20 76.48 76.82 77.16 76.98 76.54 percent [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corporate Tax Rate 17.00 19 19 19 17.13 19 percent [+]
Personal Income Tax Rate 50.00 45 45 45 50 45 percent [+]
Sales Tax Rate 22.00 22 22 22 22 22 percent [+]
Social Security Rate 38.20 38.2 38.2 38.2 38.2 38.2 percent [+]
Social Security Rate For Companies 16.10 16.1 16.1 16.1 16.1 16.1 percent [+]
Social Security Rate For Employees 22.10 22.1 22.1 22.1 22.1 22.1 percent [+]