Economy - overview:
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 and economic transitions in Central and Southeastern Europe. With the highest per capita GDP in Central Europe, Slovenia has excellent infrastructure, a well-educated work force, and a strategic location between the Balkans and Western Europe. Privatization has lagged since 2002, and the economy has one of the highest levels of state control in the EU. Structural reforms to improve the business environment have allowed for somewhat greater foreign participation in Slovenia's economy and helped to lower unemployment. 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. Despite its economic success, foreign direct investment (FDI) in Slovenia has lagged behind the region average, and taxes remain relatively high. Furthermore, the labor market is often seen as inflexible, and legacy industries are losing sales to more competitive firms in China, India, and elsewhere. In 2009, the global recession caused the economy to contract - through falling exports and industrial production - by 8%, and unemployment to rise. Although growth resumed in 2010, it dipped into negative territory in 2012 and the unemployment rate continued to rise, approaching 12% in 2012.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): Gross national saving: GDP - composition, by end use: GDP - composition, by sector of origin: Agriculture - products: Industries: Industrial production growth rate: Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Distribution of family income - Gini index: Budget: Taxes and other revenues: Budget surplus (+) or deficit (-): Public debt: Fiscal year: Inflation rate (consumer prices): Central bank discount rate: Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Market value of publicly traded shares: Current account balance: Exports: Exports - commodities: Exports - partners: Imports: Imports - commodities: Imports - partners: Reserves of foreign exchange and gold: Debt - external: Stock of direct foreign investment - at home: Stock of direct foreign investment - abroad: Exchange rates:
NOTE: 1) The information regarding Slovenia on this page is re-published from the 2014 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Slovenia Economy 2014 information contained here. All suggestions for corrections of any errors about Slovenia Economy 2014 should be addressed to the CIA.
$57.22 billion (2012 est.)
country comparison to the world: 91
note:
data are in 2012 US dollars
[see also: GDP country ranks ]
$44.81 billion (2012 est.)
[see also: GDP (official exchange rate) country ranks ]
-2.5% (2012 est.)
country comparison to the world: 212
[see also: GDP - real growth rate country ranks ]
$27,800 (2012 est.)
country comparison to the world: 54
note:
data are in 2012 US dollars
[see also: GDP - per capita country ranks ]
19.8% of GDP (2012 est.)
country comparison to the world: 75
[see also: Gross national saving country ranks ]
household consumption: 56.9%
[see also: GDP - composition, by end use - household consumption country ranks ]
government consumption:
20.8%
investment in fixed capital:
17.8%
investment in inventories:
-0.3%
exports of goods and services:
76.1%
imports of goods and services:
-71.3%
agriculture: 2.7%
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry:
27.7%
services:
69.6% (2012 est.)
potatoes, hops, wheat, sugar beets, corn, grapes; cattle, sheep, poultry
ferrous metallurgy and aluminum products, lead and zinc smelting; electronics (including military electronics), trucks, automobiles, electric power equipment, wood products, textiles, chemicals, machine tools
0.2% (2012 est.)
country comparison to the world: 132
[see also: Industrial production growth rate country ranks ]
920,200 (2012 est.)
country comparison to the world: 147
[see also: Labor force country ranks ]
agriculture: 2.2%
[see also: Labor force - by occupation - agriculture country ranks ]
industry:
35%
services:
62.8% (2009)
12% (2012 est.)
country comparison to the world: 126
[see also: Unemployment rate country ranks ]
13.6% (2011)
[see also: Population below poverty line country ranks ]
lowest 10%: 3.9%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%:
19.8% (2011)
23.8 (2011)
country comparison to the world: 135
[see also: Distribution of family income - Gini index country ranks ]
revenues: $19.28 billion
[see also: Budget revenues country ranks ]
expenditures:
$20.73 billion (2012 est.)
43% of GDP (2012 est.)
country comparison to the world: 32
[see also: Taxes and other revenues country ranks ]
-3.2% of GDP (2012 est.)
country comparison to the world: 124
[see also: Budget surplus (+) or deficit (-) country ranks ]
47.6% of GDP (2012 est.)
country comparison to the world: 71
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 ]
calendar year
2.6% (2012 est.)
country comparison to the world: 69
[see also: Inflation rate (consumer prices) country ranks ]
1.5% (31 December 2012)
country comparison to the world: 123
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 ]
5.73% (31 December 2012 est.)
country comparison to the world: 144
[see also: Commercial bank prime lending rate country ranks ]
$16.03 billion (31 December 2011 est.)
country comparison to the world: 66
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 ]
$26.52 billion (31 December 2012 est.)
country comparison to the world: 79
[see also: Stock of broad money country ranks ]
$46.2 billion (31 December 2012 est.)
country comparison to the world: 64
[see also: Stock of domestic credit country ranks ]
$6.326 billion (31 December 2011)
country comparison to the world: 74
[see also: Market value of publicly traded shares country ranks ]
$1.491 billion (2012 est.)
country comparison to the world: 43
[see also: Current account balance country ranks ]
$27.81 billion (2012 est.)
country comparison to the world: 67
[see also: Exports country ranks ]
manufactured goods, machinery and transport equipment, chemicals, food
Germany 20%, Italy 12%, Austria 7.9%, Croatia 6.2%, France 4.8%, Russia 4.6% (2012)
$27.95 billion (2012 est.)
country comparison to the world: 67
[see also: Imports country ranks ]
machinery and transport equipment, manufactured goods, chemicals, fuels and lubricants, food
Italy 16.5%, Germany 16.3%, Austria 10.4%, Croatia 4.8%, Hungary 4% (2012)
$951.9 million (31 December 2012 est.)
country comparison to the world: 135
[see also: Reserves of foreign exchange and gold country ranks ]
$53.88 billion (31 December 2012)
country comparison to the world: 61
[see also: Debt - external country ranks ]
$16.96 billion (31 December 2012 est.)
country comparison to the world: 76
[see also: Stock of direct foreign investment - at home country ranks ]
$8.878 billion (31 December 2012 est.)
country comparison to the world: 55
[see also: Stock of direct foreign investment - abroad country ranks ]
euros (EUR) per US dollar -
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 06-Nov-14