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Slovenia Economy 2015
https://photius.com/world_fact_book_2015/slovenia/slovenia_economy.html
SOURCE: 2015 CIA WORLD FACTBOOK AND OTHER SOURCES











Slovenia Economy 2015
SOURCE: 2015 CIA WORLD FACTBOOK AND OTHER SOURCES


Page last updated on June 20, 2014

Economy - overview:
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.

GDP (purchasing power parity):
$57.36 billion (2013 est.)
country comparison to the world: 93
$58.03 billion (2012 est.)
$59.52 billion (2011 est.)
note: data are in 2013 US dollars
[see also: GDP country ranks ]

GDP (official exchange rate):
$46.82 billion (2013 est.)
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
-1.1% (2013 est.)
country comparison to the world: 206
-2.5% (2012 est.)
0.7% (2011 est.)
[see also: GDP - real growth rate country ranks ]

GDP - per capita (PPP):
$27,400 (2013 est.)
country comparison to the world: 55
$28,200 (2012 est.)
$29,000 (2011 est.)
note: data are in 2013 US dollars
[see also: GDP - per capita country ranks ]

Gross national saving:
22.4% of GDP (2013 est.)
country comparison to the world: 66
20.6% of GDP (2012 est.)
20.4% of GDP (2011 est.)
[see also: Gross national saving country ranks ]

GDP - composition, by end use:
household 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.)

GDP - composition, by sector of origin:
agriculture: 2.8%
industry: 28.9%
services: 68.3% (2013 est.)

Agriculture - products:
potatoes, hops, wheat, sugar beets, corn, grapes; cattle, sheep, poultry

Industries:
ferrous metallurgy and aluminum products, lead and zinc smelting; electronics (including military electronics), trucks, automobiles, electric power equipment, wood products, textiles, chemicals, machine tools

Industrial production growth rate:
-0.6% (2013 est.)
country comparison to the world: 171
[see also: Industrial production growth rate country ranks ]

Labor force:
913,400 (2013 est.)
country comparison to the world: 146
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 2.2%
industry: 35%
services: 62.8% (2009)

Unemployment rate:
13.1% (2013 est.)
country comparison to the world: 130
12% (2012 est.)
[see also: Unemployment rate country ranks ]

Population below poverty line:
13.5% (2012)
[see also: Population below poverty line country ranks ]

Household income or consumption by percentage share:
lowest 10%: 3.9%
highest 10%: 19.8% (2011)

Distribution of family income - Gini index:
23.7 (2012)
country comparison to the world: 140
23.8 (2005)
[see also: Distribution of family income - Gini index country ranks ]

Budget:
revenues: $19.56 billion
expenditures: $21.62 billion (2013 est.)

Taxes and other revenues:
41.8% of GDP (2013 est.)
country comparison to the world: 32
[see also: Taxes and other revenues country ranks ]

Budget surplus (+) or deficit (-):
-4.4% of GDP (2013 est.)
country comparison to the world: 156
[see also: Budget surplus (+) or deficit (-) country ranks ]

Public debt:
71.7% of GDP (2013 est.)
country comparison to the world: 37
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
[see also: Public debt country ranks ]

Fiscal year:
calendar year

Inflation rate (consumer prices):
1.8% (2013 est.)
country comparison to the world: 59
2.7% (2012 est.)
[see also: Inflation rate (consumer prices) country ranks ]

Central bank discount rate:
0.75% (31 December 2013)
country comparison to the world: 129
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
[see also: Central bank discount rate country ranks ]

Commercial bank prime lending rate:
5.7% (31 December 2013 est.)
country comparison to the world: 137
5.7% (31 December 2012 est.)
[see also: Commercial bank prime lending rate country ranks ]

Stock of narrow money:
$11.85 billion (31 December 2013 est.)
country comparison to the world: 73
$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
[see also: Stock of narrow money country ranks ]

Stock of broad money:
$25.4 billion (31 December 2013 est.)
country comparison to the world: 77
$24.88 billion (31 December 2012 est.)
[see also: Stock of broad money country ranks ]

Stock of domestic credit:
$42.76 billion (31 December 2013 est.)
country comparison to the world: 62
$45.1 billion (31 December 2012 est.)
[see also: Stock of domestic credit country ranks ]

Market value of publicly traded shares:
$6.87 billion (31 December 2013 est.)
country comparison to the world: 75
$6.31 billion (31 December 2012)
$6.783 billion (31 December 2011 est.)
[see also: Market value of publicly traded shares country ranks ]

Current account balance:
$2.954 billion (2013 est.)
country comparison to the world: 35
$1.486 billion (2012 est.)
[see also: Current account balance country ranks ]

Exports:
$28.73 billion (2013 est.)
country comparison to the world: 66
$27.08 billion (2012 est.)
[see also: Exports country ranks ]

Exports - commodities:
manufactured goods, machinery and transport equipment, chemicals, food

Exports - partners:
Germany 20%, Italy 12%, Austria 7.9%, Croatia 6.2%, France 4.8%, Russia 4.6% (2012)

Imports:
$29.49 billion (2013 est.)
country comparison to the world: 68
$28.39 billion (2012 est.)
[see also: Imports country ranks ]

Imports - commodities:
machinery and transport equipment, manufactured goods, chemicals, fuels and lubricants, food

Imports - partners:
Italy 16.5%, Germany 16.3%, Austria 10.4%, Croatia 4.8%, Hungary 4% (2012)

Reserves of foreign exchange and gold:
$889 million (31. December 2013 est.)
country comparison to the world: 137
$927.6 million (31 December 2012 est.)
[see also: Reserves of foreign exchange and gold country ranks ]

Debt - external:
$52.53 billion (31 December 2013 est.)
country comparison to the world: 60
$52.48 billion (31 December 2012)
[see also: Debt - external country ranks ]

Stock of direct foreign investment - at home:
$14.67 billion (31 December 2013 est.)
country comparison to the world: 82
$15.57 billion (31 December 2012 est.)
[see also: Stock of direct foreign investment - at home country ranks ]

Stock of direct foreign investment - abroad:
$7.453 billion (31 December 2013 est.)
country comparison to the world: 58
$7.436 billion (31 December 2012 est.)
[see also: Stock of direct foreign investment - abroad country ranks ]

Exchange rates:
euros (EUR) per US dollar -
0.7634 (2013 est.)
0.7752 (2012 est.)
0.755 (2010 est.)
0.7198 (2009 est.)
0.6827 (2008 est.)


NOTE: 1) The information regarding Slovenia on this page is re-published from the 2015 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Slovenia Economy 2015 information contained here. All suggestions for corrections of any errors about Slovenia Economy 2015 should be addressed to the CIA.
2) The rank that you see is the CIA reported rank, which may habe the following issues:
  a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
  b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order




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This page was last modified 10-Feb-15
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