unbekannter Gast

Slovenia: Economy#

With excellent infrastructure, a well-educated work force, and a strategic location between the Balkans and Western Europe, Slovenia has one of the highest per capita GDPs in Central Europe. Slovenia became the first 2004 European Union entrant to adopt the euro (on 1 January 2007) and has experienced one of the most stable political transitions in Central and Southeastern Europe. In March 2004, Slovenia became the first transition country to graduate from borrower status to donor partner at the World Bank. In 2007, Slovenia was invited to begin the process for joining the OECD; it became a member in 2012. However, long-delayed privatizations, particularly within Slovenia’s largely state-owned and increasingly indebted banking sector, have fueled investor concerns since 2012 that the country would need EU-IMF financial assistance. In 2013, the European Commission granted Slovenia permission to begin recapitalizing ailing lenders and transferring their nonperforming assets into a “bad bank” established to restore bank balance sheets. Yield-seeking bond investors’ strong demand for Slovenian debt helped the government in 2013 to continue to finance itself independently on international markets. The government has embarked on a program of state asset sales intended to bolster investor confidence in the economy, which in 2014 is poised to contract 1%, its third-year of recession.

Economic Facts#

GDP (purchasing power parity)$57.36 billion (2013 est.)
$58.03 billion (2012 est.)
$59.52 billion (2011 est.)
note: data are in 2013 US dollars
GDP - real growth rate-1.1% (2013 est.)
-2.5% (2012 est.)
0.7% (2011 est.)
GDP - per capita (PPP)$27,400 (2013 est.)
$28,200 (2012 est.)
$29,000 (2011 est.)
note: data are in 2013 US dollars
GDP - composition, by sector of originagriculture: 2.8%
industry: 28.9%
services: 68.3% (2013 est.)
Population below poverty line13.5% (2012)
Household income or consumption by percentage sharelowest 10%: 3.9%
highest 10%: 19.8% (2011)
Labor force - by occupationagriculture: 2.2%
industry: 35%
services: 62.8% (2009)
Exports - commoditiesmanufactured goods, machinery and transport equipment, chemicals, food
Exports - partnersGermany 20%, Italy 12%, Austria 7.9%, Croatia 6.2%, France 4.8%, Russia 4.6% (2012)
Agriculture - productspotatoes, hops, wheat, sugar beets, corn, grapes; cattle, sheep, poultry
Budgetrevenues: $19.56 billion
expenditures: $21.62 billion (2013 est.)
Imports - commoditiesmachinery and transport equipment, manufactured goods, chemicals, fuels and lubricants, food
Imports - partnersItaly 16.5%, Germany 16.3%, Austria 10.4%, Croatia 4.8%, Hungary 4% (2012)
Exchange rateseuros (EUR) per US dollar -
0.7634 (2013 est.)
0.7752 (2012 est.)
0.755 (2010 est.)
0.7198 (2009 est.)
0.6827 (2008 est.)
Exports$28.73 billion (2013 est.)
$27.08 billion (2012 est.)
Debt - external$52.53 billion (31 December 2013 est.)
$52.48 billion (31 December 2012)
Fiscal yearcalendar year
Imports$29.49 billion (2013 est.)
$28.39 billion (2012 est.)
Industrial production growth rate-0.6% (2013 est.)
Industriesferrous metallurgy and aluminum products, lead and zinc smelting; electronics (including military electronics), trucks, automobiles, electric power equipment, wood products, textiles, chemicals, machine tools
Inflation rate (consumer prices)1.8% (2013 est.)
2.7% (2012 est.)
Labor force913,400 (2013 est.)
Unemployment rate13.1% (2013 est.)
12% (2012 est.)
Distribution of family income - Gini index23.7 (2012)
23.8 (2005)
Public debt71.7% of GDP (2013 est.)
54.4% of GDP (2012 est.)
note: defined by the EU's Maastricht Treaty as consolidated general government gross debt at nominal value, outstanding at the end of the year in the following categories of government liabilities: currency and deposits, securities other than shares excluding financial derivatives, and loans; general government sector comprises the subsectors: central government, state government, local government, and social security funds
Current account balance$2.954 billion (2013 est.)
$1.486 billion (2012 est.)
Reserves of foreign exchange and gold$889 million (31. December 2013 est.)
$927.6 million (31 December 2012 est.)
GDP (official exchange rate)$46.82 billion (2013 est.)
Stock of direct foreign investment - at home$14.67 billion (31 December 2013 est.)
$15.57 billion (31 December 2012 est.)
Stock of direct foreign investment - abroad$7.453 billion (31 December 2013 est.)
$7.436 billion (31 December 2012 est.)
Market value of publicly traded shares$6.87 billion (31 December 2013 est.)
$6.31 billion (31 December 2012)
$6.783 billion (31 December 2011 est.)
Central bank discount rate0.75% (31 December 2013)
1.5% (31 December 2012)
note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Commercial bank prime lending rate5.7% (31 December 2013 est.)
5.7% (31 December 2012 est.)
Stock of domestic credit$42.76 billion (31 December 2013 est.)
$45.1 billion (31 December 2012 est.)
Stock of narrow money$11.85 billion (31 December 2013 est.)
$11.39 billion (31 December 2012 est.)
note: see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 17 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money circulating within their own borders
Stock of broad money$25.4 billion (31 December 2013 est.)
$24.88 billion (31 December 2012 est.)
Taxes and other revenues41.8% of GDP (2013 est.)
Budget surplus (+) or deficit (-)-4.4% of GDP (2013 est.)
GDP - composition, by end usehousehold consumption: 56.1%
government consumption: 20.2%
investment in fixed capital: 17.9%
investment in inventories: -0.8%
exports of goods and services: 78.1%
imports of goods and services: -71.5%
(2013 est.)
Gross national saving22.4% of GDP (2013 est.)
20.6% of GDP (2012 est.)
20.4% of GDP (2011 est.)