Slovenia - Economy
How is the economy of Slovenia? Based on the information we have, Slovenia has a high-income, fast-growing EU-member economy; high human capital; key health infrastructure investments; high government spending; key Croatian investments; high-technology and manufacturing sectors; growing financial hub. Key agricultural products in this country include: milk, maize, wheat, barley, grapes, chicken, potatoes, apples, beef, pork (2022).
More about the economy of Slovenia
| Labor force | 1.056 million (2022 est.) |
|---|---|
| Industrial production growth rate | -0.99% (2022 est.) |
| 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 |
| Population below poverty line | 12.1% (2021 est.) |
| Taxes and other revenues | 18.27% (of GDP) (2021 est.) |
| Fiscal year | |
| Exchange rates | |
| Currency | euros (EUR) per US dollar - |
| Exchange rates 2022 | 0.95 (2022 est.) |
| Exchange rates 2021 | 0.845 (2021 est.) |
| Exchange rates 2020 | 0.876 (2020 est.) |
| Exchange rates 2019 | 0.893 (2019 est.) |
| Exchange rates 2018 | 0.847 (2018 est.) |
| Debt - external | |
| Debt - external 2019 | $48.656 billion (2019 est.) |
| Debt - external 2018 | $50.004 billion (2018 est.) |
| Reserves of foreign exchange and gold | |
| Reserves of foreign exchange and gold 2022 | $2.268 billion (2022 est.) |
| Reserves of foreign exchange and gold 2021 | $2.267 billion (2021 est.) |
| Reserves of foreign exchange and gold 2020 | $1.311 billion (2020 est.) |
| Current account balance | |
| Current account balance 2022 | -$617.374 million (2022 est.) |
| Current account balance 2021 | $2.073 billion (2021 est.) |
| Current account balance 2020 | $3.882 billion (2020 est.) |
| Public debt | |
| Public debt 2017 | 73.6% of GDP (2017 est.) |
| Public debt 2016 | 78.6% of GDP (2016 est.) |
| Budget | |
| Revenues | $23.735 billion (2019 est.) |
| Expenditures | $23.456 billion (2019 est.) |
| Budget surplus (+) or deficit (-) | 0% (of GDP) (2017 est.) |
| Remittances | |
| Remittances 2022 | 1.3% of GDP (2022 est.) |
| Remittances 2021 | 1.34% of GDP (2021 est.) |
| Remittances 2020 | 1.37% of GDP (2020 est.) |
| Household income | |
| Lowest 10% | 4.2% |
| Highest 10% | 20.5% (2020 est.) |
| Average household expenditures | |
| On food | 14.9% of household expenditures (2021 est.) |
| On alcohol and tobacco | 4.9% of household expenditures (2021 est.) |
| Imports | |
| Imports 2022 | $55.158 billion (2022 est.) |
| Imports 2021 | $47.997 billion (2021 est.) |
| Imports 2020 | $37 billion (2020 est.) |
| Imports (partners) | Switzerland 17%, China 11%, Italy 10%, Germany 10%, Austria 7% (2022) |
| Comodities Imports force | packaged medicine, nitrogen compounds, refined petroleum, cars, electricity (2022) |
| Exports | |
| Imports 2022 | $55.158 billion (2022 est.) |
| Imports 2021 | $47.997 billion (2021 est.) |
| Imports 2020 | $37 billion (2020 est.) |
| Exports (partners) | Switzerland 18%, Germany 14%, Italy 11%, Croatia 8%, Austria 7% (2022) |
| Comodities Exports force | packaged medicine, cars, refined petroleum, electricity, vehicle parts/accessories (2022) |
| Real GDP (purchasing power parity) | |
| Real GDP (purchasing power parity) 2022 | $86.624 billion (2022 est.) |
| Real GDP (purchasing power parity) 2021 | $84.543 billion (2021 est.) |
| Real GDP (purchasing power parity) 2020 | $78.115 billion (2020 est.) |
| GDP (official exchange rate) | $60.063 billion (2022 est.) |
| Real GDP Per capita | |
| Real GDP per capita 2022 | $41,000 (2022 est.) |
| Real GDP per capita 2021 | $40,100 (2021 est.) |
| Real GDP per capita 2020 | $37,200 (2020 est.) |
| GDP - composition, by sector of origin | |
| Agriculture | 1.8% (2017 est.) |
| Industry | 32.2% (2017 est.) |
| Services | 65.9% (2017 est.) |
| GDP - composition, by end use | |
| Household consumption | 52.6% (2017 est.) |
| Government consumption | 18.2% (2017 est.) |
| Investment in fixed capital | 18.4% (2017 est.) |
| Investment in inventories | 1.1% (2017 est.) |
| Exports of goods and services | 82.3% (2017 est.) |
| Imports of goods and services | -72.6% (2017 est.) |
| Unemployment rate | |
| Unemployment rate 2022 | 4.01% (2022 est.) |
| Unemployment rate 2021 | 4.74% (2021 est.) |
| Unemployment rate 2020 | 4.99% (2020 est.) |
| Youth unemployment rate (ages 15-24) | |
| Total | 13.9% (2021 est.) |
| Male | 12.7% |
| Female | 15.5% |
All Important Facts about Slovenia
Want to know more about Slovenia? Check all different factbooks for Slovenia below.
