GDP in Slovenia averaged 34.28 USD Billion from 1990 until 2019, reaching an all time high of 55.55 USD Billion in 2008 and a record low of 13.10 USD Billion in 1992. Slovenia’s GDP expanded 2.3 percent year-on-year in the third quarter of 2019, easing from a 2.5 percent advance in the previous period. The Trading Economics Application Programming Interface (API) provides direct access to our data. The Gross Domestic Product (GDP) in Slovenia was worth 53.74 billion US dollars in 2019, according to official data from the World Bank. Slovenia’s export-oriented economy expanded by 2.4% in 2019. Keeping labour costs in line with productivity is thus a key challenge for Slovenia's economic well-being, and Slovenian firms have responded by specializing in mid- to high-tech manufacturing. The economy likely contracted in the second quarter due to the lockdown, after the first quarter marked the steepest fall in GDP in seven years. Current USD
It was the weakest pace of expansion since Q3 2015. July 28, 2020. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Slovenia is a founding member Since that time it has vigorously pursued diversification of its trade with the West and integration into Western and transatlantic institutions. Mercator was sold to Croatia's Agrocor in June 2014.The following table shows the main economic indicators in 1993–2017. This averaged around $650 million per annum between 1999 and 2007, however this amounted to less than 23 percent of GDP.Investments from neighboring Croatia have begun in Slovenia. As in most industrial economies, services make up an increasing share of output (57.1 percent), notably in financial services. The year-on-year change in GDP was -3.4%, 51 -tenths of one percent … This rate is 49 -tenths of one percent less than in the previous quarter, when changed 0.4%. Slovenia is a founding member of the Slovenia's trade is orientated towards other EU countries, mainly This high level of openness makes it extremely sensitive to economic conditions in its main trading partners and changes in its international price competitiveness. The pandemic took its toll on industrial production, which declined again in May albeit at a slower rate than in April. Public finances have shown a deficit in recent years.
The gross domestic product (GDP) measures of national income and output for a given country's economy. On 1 July 2010, Droga Kolinska was purchased by Atlantic Group of Croatia for 382 million euros. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. However, despite the economic slowdown in Europe in 2001–03, Slovenia maintained a 3% GDP growth. [150]
1990-2019 Data | 2020-2022 Forecast | Historical | Chart | NewsDownload historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. Slovenia has a developed economy and is per capita the richest of the Slavic countries by nominal GDP, and the second richest by GDP (PPP) behind the Czech Republic. Slovenia thus gained independence in 1991 with an already relatively prosperous economy and strong market ties to the West. In January 2007 it became the first member to have both joined the Slovenia has a highly educated workforce, well-developed infrastructure, and is situated at a major transport crossroad.Since that time it has vigorously pursued diversification of its trade with the West and integration into Western and transatlantic institutions. The Bank of Slovenia on Monday confimed its June forecast according to which GDP will fall by 6.5% this year. Although it comprised only about one-eleventh of Yugoslavia's total population, it was the most productive of the Yugoslav republics, accounting for one-fifth of its GDP and one-third of its exports. Industry and construction comprise about one quarter of GDP. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. Slovenia's economy shrank by 13% year-on-year in the second quarter of 2020, the statistics office said on Monday, after the impact of the COVID-19 pandemic reduced household spending and exports. Slovenia is also among the top global economies in terms of human capital .