Slovenia Q2 GDP Growth Hits 4-Year High

Slovenia’s gross domestic product expanded at an annual rate of 5.0% in the second quarter of 2026, following an upwardly revised 3.2% rise in the previous quarter. This marked the strongest economic growth since the first quarter of 2022, driven by an increase in consumer spending (3.4% vs 2.8% in Q1), while the decline in changes in inventories eased (-0.1% vs -1.5%). Moreover, gross fixed capital formation remained unchanged (at 13.2%). Meanwhile, growth in government spending eased (5.2% vs 5.6%). Net trade also contributed negatively, as imports rose by 7.6%, outpacing the 6.4% increase in exports. On the production side, activity recorded notable growth in agriculture (1.8% vs 1.1%), construction (15.9% vs 14.3%), trade, transportation, and storage (5.2% vs 2.1%), and financial and insurance activities (8.3% vs 6.6%). On a seasonally adjusted quarterly basis, GDP grew by 1.8% in Q2, following a revised 1.1% increase in the previous period.

Slovenia’s gross domestic product increased at an annual rate of 3.0% in the first quarter of 2026, following a 2.0% rise in the previous quarter. This marked the strongest economic growth since the second quarter of 2022, driven by increases in government spending (3.9% vs 3.8% in Q4) and gross fixed capital formation (12.6% vs 12.0%). Meanwhile, household consumption rose at a slower pace (2.7% vs 3.0%). Net trade also contributed negatively, as imports rose by 1.5%, outpacing the 0.7% increase in exports. On the production side, activity increased further in information and communication (6.2% vs 2.9%), professional, scientific, technical, administrative and support services (4.1% vs 3.3%), and public administration, education, human health, and social work (2.5% vs 1.7%), while financial and insurance activities rebounded (6.6% vs -0.1%). On a seasonally adjusted quarterly basis, GDP rose by 0.7%, following a 0.4% increase in the previous period.

Slovenia’s gross domestic product expanded by 2% year-on-year in the fourth quarter of 2025, slightly higher than the upwardly revised 1.9% growth in the previous three-month period. This marked the strongest expansion since the first quarter of 2024, boosted by faster rise in household consumption (3% vs 1.3% in Q3) and government spending (3.8% vs 1.2%). Additionally, fixed investments (12% vs 10%) increased further, mainly driven by growth in buildings and facilities. Meanwhile, net trade contributed negatively to the GDP. Exports rose modestly by 0.5% (vs -0.4%), while imports jumped 4.8% (vs 1.7%), with goods imports up 5.4% and services imports up 1.6%. On a seasonally adjusted quarterly basis, the economy grew by 0.4% in the fourth quarter, marking the softest growth since the third quarter of 2024 and easing from an slightly upwardly revised 0.9% rise in the preceding quarter. For the full year 2025, GDP rose 1.1%, down from 1.7% in 2024.