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 August 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.

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Slovenia GDP Annual Growth Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-02-28 09:30 AM Q4 10.4% 5% 10%
2022-05-31 08:30 AM Q1 9.8% 10.4% 9%
2022-08-31 08:30 AM Q2 9.8% 5.2%


Related Last Previous Unit Reference
GDP Growth Rate 0.80 5.30 percent Mar 2022
GDP Annual Growth Rate 9.80 10.40 percent Mar 2022
GDP Constant Prices 11827.50 11733.80 EUR Million Mar 2022
Gross National Product 52020.00 46297.00 EUR Million Dec 2021
Gross Fixed Capital Formation 2373.10 2197.30 EUR Million Mar 2022
Full Year GDP Growth 8.25 -4.20 percent Dec 2021
GDP From Services 2280.10 2364.40 EUR Million Mar 2022
GDP From Public Administration 1656.00 1649.10 EUR Million Mar 2022
GDP From Manufacturing 2186.60 2457.30 EUR Million Mar 2022
GDP From Construction 519.70 534.30 EUR Million Mar 2022
GDP From Agriculture 189.30 203.10 EUR Million Mar 2022

Slovenia GDP Annual Growth Rate
On the expenditure side, household expenditure is the main component of Slovenia's GDP and accounts for 53 percent of its total use, followed by gross fixed capital formation (20 percent) and government consumption (19 percent). Exports of goods and services account for 77 percent of GDP while imports account for 69 percent, adding 8 percent of total GDP. .
Actual Previous Highest Lowest Dates Unit Frequency
9.80 10.40 16.10 -11.00 1996 - 2022 percent Quarterly
NSA

News Stream
Slovenia Economy Continues to Expand Solidly
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.
2022-05-31
Slovenia Economy Grows Faster in Q4
Slovenia’s gross domestic product advanced by 10.4 percent year-on-year in the fourth quarter of 2021, faster than a 5 percent growth in the previous three-month period. It was the fourth consecutive quarter of economic expansion, mainly boosted by household consumption (22.9 percent vs 7.2 percent in Q3). At the same time, both fixed investment (11 percent vs 10.5 percent) and government spending (7 percent vs 3.2 percent) picked up. However, net trade contributed negatively to the GDP, as imports (16.8 percent vs 19.1 percent in Q3) rose faster than exports (12.1 percent vs 11.6 percent in Q3). On a quarterly basis, the economy grew by 5.4 percent, after a 1.3 percent rise in the previous quarter. In 2021, the economy grew 8.1 percent, recovering from a 4.2 percent decline in 2020.
2022-02-28
Slovenia GDP Annual Growth Slows to 5% in Q3
Slovenia’s gross domestic product expanded 5 percent year-on-year in the third quarter of 2021, easing from a 16.3 percent growth in the previous period, largely due to fading low-base effects from the pandemic shock last year. There was a slowdown in household consumption (9.3 percent vs 18.4 percent in Q2); public spending (1.6 percent vs 3.3 percent); gross fixed capital formation (9.6 percent vs 20.4 percent); and changes in inventories (3.2 percent vs 3.4 percent). Also, net trade contributed negatively to the GDP, as imports climbed 19.9 percent (vs 36.1 percent in Q2) while exports grew at a slower 10.6 percent (vs 30.5 percent). On a quarterly basis, the economy grew by 1.3 percent, slowing from an upwardly revised 2 percent expansion in the previous period.
2021-11-30