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 1.50 1.1 0.9 0.8 0.7 0.5 percent [+]
Unemployment Rate 9.80 9.4 9.1 8.8 9 7.2 percent [+]
Inflation Rate 1.50 1.3 1.4 1.6 1.7 2.5 percent [+]
Interest Rate 0.00 0 0 0 0 0.5 percent [+]
Balance of Trade 104.87 67.55 64.56 64.45 64.38 64.34 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 1.1 1.09 1.08 1.07 0.89 [+]
Stock Market 792.15 778 770 747 755 629 points [+]
Government Bond 10y 1.04 1.13 1.14 1.15 1.16 1.34 percent [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 1.50 1.1 0.9 0.8 0.7 0.5 percent [+]
GDP Annual Growth Rate 5.30 4.8 4.4 4.2 4 2.5 percent [+]
GDP 42.77 47.2 43.18 51.56 42.8 56.58 USD Billion [+]
GDP Constant Prices 9803.80 9901 9974 10028 10069 10189 EUR Million [+]
Gross National Product 20725.35 27059 21870 16680 16965 17564 EUR Million [+]
Gross Fixed Capital Formation 1843.50 1857 1870 1880 1889 1914 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 155.10 191 180 200 162 197 EUR Million [+]
GDP From Construction 354.70 390 410 385 373 401 EUR Million [+]
GDP From Manufacturing 1827.40 2021 1857 1877 1885 1941 EUR Million [+]
GDP From Public Administration 1466.70 1462 1493 1539 1504 1606 EUR Million [+]
GDP From Services 1611.80 1681 1694 1696 1696 1696 EUR Million [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 9.80 9.4 9.1 8.8 9 7.2 percent [+]
Employed Persons 842349.00 843067 844542 848707 850758 861795 [+]
Unemployed Persons 87655.00 85280 87076 89485 89112 88800 [+]
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 105.30 106 107 107 108 112 Index Points [+]
Job Vacancies 12492.00 11379 11267 11152 11144 11146 [+]
Wages 1591.00 1600 1601 1602 1601 1601 EUR/Month [+]
Wages in Manufacturing 1522.00 1570 1563 1563 1563 1563 EUR/Month [+]
Wage Growth 1.27 1.35 1.17 1.12 1.1 1.1 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 104.40 111 114 103 106 106 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 1.50 1.3 1.4 1.6 1.7 2.5 percent [+]
Harmonised Consumer Prices 101.86 102 102 102 103 105 Index Points [+]
Consumer Price Index CPI 102.00 102 102 102 103 105 Index Points [+]
Core Consumer Prices 102.44 102 102 103 103 106 Index Points [+]
Core Inflation Rate 1.20 1.29 1.38 1.44 1.49 1.63 percent [+]
GDP Deflator 100.60 100 100 100 100 100 Index Points [+]
Producer Prices 105.40 109 111 113 115 134 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 101.33 101 102 102 103 107 Index Points [+]
Cpi Transportation 98.85 98.49 98.55 98.54 98.54 98.54 Index Points [+]
Food Inflation 2.60 2.62 2.56 2.54 2.54 2.54 percent [+]
Producer Prices Change 2.40 2.7 3.2 3 2.8 2.2 percent [+]
Inflation Rate Mom 0.70 -0.03 0.05 0.13 0.08 0.1 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 -0.33 -0.33 -0.34 -0.34 percent [+]
Money Supply M0 4830.00 4865 4925 4983 5042 5687 EUR Million [+]
Money Supply M1 16461.00 16885 17386 17888 18377 22815 EUR Million [+]
Money Supply M2 23529.00 23801 24086 24381 24673 27584 EUR Million [+]
Money Supply M3 23492.00 23532 23530 23530 23531 23531 EUR Million [+]
Foreign Exchange Reserves 285.80 286 284 285 285 285 EUR Million [+]
Banks Balance Sheet 40404.00 40462 40495 40527 40557 40823 EUR [+]
Central Bank Balance Sheet 13615.00 13660 13696 13695 13696 13696 EUR [+]
Private Debt to GDP 138.96 137 135 134 134 128 percent [+]
Loans To Private Sector 9379.00 9361 9334 9312 9292 9142 EUR Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade 104.87 67.55 64.56 64.45 64.38 64.34 EUR Million [+]
Exports 2183.75 2143 2205 2233 2215 2218 EUR Million [+]
Imports 2078.88 2090 2164 2156 2152 2155 EUR Million [+]
Current Account 299.00 242 243 243 243 243 EUR Million [+]
Current Account to GDP 6.80 6.4 6.4 6.4 6.1 5.4 percent [+]
External Debt 44100.00 44031 46654 48788 50656 67689 EUR Million [+]
Terms of Trade 99.00 99.17 99.27 99.36 99.13 98.38 Index Points [+]
Capital Flows 120.60 111 88.89 88.19 88 88.06 EUR Million [+]
Foreign Direct Investment 119.40 76.61 74.52 75.06 75.12 75.13 EUR Million [+]
Tourist Arrivals 269553.00 345954 314745 298387 315393 311785 [+]
Gold Reserves 3.17 3.17 3.17 3.17 3.17 3.17 Tonnes [+]
Crude Oil Production 0.00 0 0 0 0 0 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 99.00 -80.18 -66.68 -47.37 -43.43 -43.02 EUR Million [+]
Government Spending 1839.70 1850 1862 1869 1878 1944 EUR Million [+]
Government Spending to GDP 45.50 47.12 46.81 46.5 46.62 47.31 percent [+]
Government Revenues 1323.00 1342 1351 1345 1347 1346 EUR Million [+]
Government Debt 27129.08 27047 27032 26743 26813 26396 EUR Million [+]
Fiscal Expenditure 1571.00 1444 1427 1423 1425 1426 EUR Million [+]
Asylum Applications 60.00 120 96.65 91.1 88.29 85.52 persons [+]
Military Expenditure 404.80 405 405 405 405 406 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Business Confidence 9.00 7 8.32 5 8.2 2 [+]
Industrial Production 7.80 4 7.98 3.6 8.11 2.7 percent [+]
Industrial Production Mom -0.50 0.7 0.3 0.21 0.2 0.21 percent [+]
Manufacturing Production 8.00 8.33 8.14 8.21 8.23 8.24 percent [+]
Capacity Utilization 85.40 84.03 84.89 84.17 83.34 80.37 percent [+]
Car Registrations 6102.00 6110 6535 6089 6533 6110 Cars [+]
Changes In Inventories 1.00 1.05 1.13 1.12 1.12 1.06 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 1174.00 1300 1324 1324 1324 1324 Gigawatt-hour [+]
Corruption Index 61.00 60 61 61 61 61 Points [+]
Corruption Rank 31.00 29 28 27 27 27 [+]
Steel Production 56.40 53.78 52.28 52.88 53.27 53.07 Thousand Tonnes [+]
Mining Production 17.30 0.92 2.26 2.07 1.99 1.99 percent [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Consumer Confidence -3.00 -4 -3.69 -3.82 -3.87 -3.88 [+]
Retail Sales MoM -0.40 0.18 0.48 0.45 0.43 0.42 percent [+]
Retail Sales YoY 10.40 11.75 11.82 11.8 11.79 11.81 percent [+]
Consumer Spending 5012.60 5043 5064 5061 5079 5086 EUR Million [+]
Personal Savings 9.74 13.62 13.64 13.64 13.64 13.64 percent [+]
Consumer Credit 2251.00 2285 2338 2384 2426 2668 EUR Million [+]
Bank Lending Rate 2.60 2.63 2.59 2.55 2.52 2.4 percent [+]
Gasoline Prices 1.40 1.4 1.4 1.41 1.4 1.4 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 27.80 32.62 30.69 30.43 30.39 30.4 percent [+]
Housing Index 90.05 90.42 90.31 89.96 89.5 89.16 Index points [+]
Building Permits 209.00 224 229 233 232 232 [+]
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 [+]