Current Account in Slovenia

Slovenia Current Account | Economic News & Forecasts

Slovenia - Current Account

Available data suggests GDP growth remained relatively weak in the third quarter after it slid to a near four-year low in the second quarter. Headwinds stemming from a downturn in key trading partners—most notably in Germany—continued to limit export growth, which averaged lower in July–August than in Q2. In particular, reduced overseas sales of cars in the first three quarters curbed industrial activity, which yet again lost further momentum in July–August. That said, solid sales of pharmaceutical products have kept overall export growth strong. Moreover, retail sales growth weakened in the same two months and prospects for private consumption remain subdued: Consumer confidence plunged to a near three-year low in September, while bank lending to households has tighetend. In the same month, business sentiment tumbled to the lowest level in over three years, boding ill for fixed investment.

Slovenia - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)3.3  5.1  3.8  4.8  6.1  

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Slovenia Current Account Chart

Slovenia Current Account
Note: Current account balance as % of GDP.
Source: Slovenia Central Bank and FocusEconomics calculations.

Slovenia Facts

Bond Yield-0.12-0.79 %Sep 04
Exchange Rate1.100.65 %Sep 04
Stock Market850-0.30 %Sep 04

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