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 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, exceeding 12% in 2012.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): GDP - composition by sector: 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: Investment (gross fixed): Budget: Taxes and other revenues: Budget surplus (+) or deficit (-): Public debt: 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: Agriculture - products: Industries: Industrial production growth rate: 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: Fiscal year:
NOTE: 1) The information regarding Slovenia on this page is re-published from the 2013 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Slovenia Economy 2013 information contained here. All suggestions for corrections of any errors about Slovenia Economy 2013 should be addressed to the CIA.
$57.93 billion (2012 est.)
country comparison to the world: 90
note:
data are in 2012 US dollars
[see also: GDP country ranks ]
$45.42 billion (2012 est.)
-2.2% (2012 est.)
country comparison to the world: 205
$28,600 (2012 est.)
country comparison to the world: 47
note:
data are in 2012 US dollars
agriculture: 2.7%
industry:
27.6%
services:
69.7% (2012 est.)
932,300 (2012 est.)
country comparison to the world: 145
agriculture: 2.2%
industry:
35%
services:
62.8% (2009)
12.3% (2012 est.)
country comparison to the world: 128
12.3% (2008)
lowest 10%: 3.4%
highest 10%:
24.6% (2004)
28.4 (2008)
country comparison to the world: 119
16.7% of GDP (2012 est.)
country comparison to the world: 127
revenues: $20.5 billion
expenditures:
$22.59 billion (2012 est.)
45.1% of GDP (2012 est.)
country comparison to the world: 30
-4.6% of GDP (2012 est.)
country comparison to the world: 145
53.2% of GDP (2012 est.)
country comparison to the world: 57
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
2.5% (2012 est.)
country comparison to the world: 54
1.5% (31 December 2012)
country comparison to the world: 124
note:
this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
5.2% (31 December 2012 est.)
country comparison to the world: 144
$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
$26.52 billion (31 December 2012 est.)
country comparison to the world: 80
$49.6 billion (31 December 2012 est.)
country comparison to the world: 65
$6.326 billion (31 December 2011)
country comparison to the world: 74
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
3.2% (2011 est.)
country comparison to the world: 96
$297.6 million (2012 est.)
country comparison to the world: 50
$28.42 billion (2012 est.)
country comparison to the world: 66
manufactured goods, machinery and transport equipment, chemicals, food
Germany 19.9%, Italy 11.9%, Austria 7.7%, Croatia 6.4%, France 5.7%, Hungary 4% (2011)
$29.83 billion (2012 est.)
country comparison to the world: 66
machinery and transport equipment, manufactured goods, chemicals, fuels and lubricants, food
Germany 16.4%, Italy 16%, Austria 10.2%, Croatia 4.5%, France 4.1%, China 4.1% (2011)
$1.154 billion (31 December 2012 est.)
country comparison to the world: 131
$61.23 billion (30 June 2011)
country comparison to the world: 55
$17.91 billion (31 December 2012 est.)
country comparison to the world: 72
$9.755 billion (31 December 2012 est.)
country comparison to the world: 53
euros (EUR) per US dollar -
calendar year
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 11-Mar-13