Slovenia’s gross domestic product advanced by 9.8 percent year-on-year in the first quarter of 2022, following a 10.4 percent growth in the previous three-month period. It was the fifth consecutive quarter of economic expansion and at a robust pace, mainly boosted by household consumption (20 percent vs 22.9 percent in Q4) and fixed investment (12.7 percent vs 11 percent). Meanwhile, government spending slowed (2.9 percent vs 7 percent). However, net trade contributed negatively to the GDP, as imports (15.7 percent vs 16.8 percent in Q4) rose faster than exports (7.7 percent vs 12.1 percent in Q4). On a quarterly basis, the economy grew by 0.8 percent, the least in five quarters, after a downwardly revised 5.3 percent rise in the previous quarter. source: Statistical Office of the Republic of Slovenia
GDP Annual Growth Rate in Slovenia averaged 2.73 percent from 1996 until 2022, reaching an all time high of 16.10 percent in the second quarter of 2021 and a record low of -11 percent in the second quarter of 2020. This page provides - Slovenia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovenia GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
GDP Annual Growth Rate in Slovenia is expected to be 5.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovenia GDP Annual Growth Rate is projected to trend around 6.30 percent in 2023 and 2.70 percent in 2024, according to our econometric models.