Economy of Slovenia

An overview of key economic indicators. Select a category for detailed trends, charts, and insights.

Economic Snapshot Overview

A summary of key economic indicators for Slovenia

  • The economic architecture of Slovenia is substantial, anchored by a Gross Domestic Product (GDP) of approximately $69.15B
    2023
    . This places it as the 85th largest economy out of 192 countries measured, underscoring its significance on the world stage. On a per capita basis, GDP stands at $32.61K
    2023
    , while its GDP adjusted for Purchasing Power Parity (PPP) is estimated at $114.4B, offering a clearer picture of the population's domestic purchasing power. The economy is navigating a period of modest growth, recorded at 2.1%
    2023
    , accompanied by a stable price environment, with inflation (CPI) contained at 2.0%.
    2024
  • On the global stage, Slovenia's trade and financial dynamics reveal a complex interplay of international and domestic factors. The country maintains a strong export-oriented economy, reflected in a significant trade surplus, with exports representing 83.3% of GDP compared to imports at 76.8%
    2023
    . The investment climate attracts significant Foreign Direct Investment (FDI), with inflows constituting 2.09% of the economy
    2023
    . This performance positions the country 88th globally out of 187 nations, confirming its status as a competitive destination for foreign capital. Furthermore, personal remittances from its diaspora are a vital component of the economy, amounting to a substantial $924.52M annually
    2023
    . Fiscal capacity is adequate, with tax collections representing 20.3% of GDP, supporting core state functions.
    2023
  • The socio-economic landscape is characterized by a Gross National Income (GNI) per capita of $30,860
    2023
    , ranking the nation 36th out of 191. This figure provides a comprehensive measure of the average income per person, reflecting the nation's overall economic well-being. The labor market demonstrates considerable strength, with a low unemployment rate of 3.4%, suggesting conditions close to full employment.
    2024
    A key feature of the workforce is its concentration in the services sector, which accounts for 63.8% of total employment
    2023
    . Despite its economic standing, poverty remains a salient issue, with 12.7% of the population living below the national poverty line
    2022
    . The country achieves a relatively equitable distribution of income, reflected in a low Gini index of 24.3.
    2022
  • In the environmental and energy sectors, the nation's policies and outcomes reflect its developmental priorities. Energy consumption per capita stands at 2,878.154 kg of oil equivalent
    2023
    , a metric that often correlates with industrial activity and living standards. A significant commitment to sustainability is evident, with renewable energy accounting for 23.4% of consumption
    2021
    . This commitment places it 94th among 191 countries, highlighting its relative progress in decarbonization. Total greenhouse gas emissions were last recorded at 15.99K tonnes of CO2 equivalent
    2023
    , a key factor in its national climate strategy and international obligations.

Key Economic Insights

Macroeconomic Health

Balancing growth, inflation, and employment remains the core challenge for economic stewardship.

Trade & Investment Profile

The orientation towards global trade and foreign investment is a defining feature of the economic landscape.

Social Equity & Distribution

Ensuring equitable distribution of economic gains is fundamental for long-term social and political stability.

Energy & Sustainability

The transition to a sustainable energy framework is paramount for mitigating climate risk and securing future energy needs.

More About This Country

Neighbors & Regional Peers

Note: The information on this page has been compiled from authoritative sources. While every effort is made to ensure accuracy, please note that some figures may not be current or entirely precise.