Current Account in Slovenia

Slovenia Current Account | Economic News & Forecasts

Slovenia - Current Account

Available data points to a more moderate outturn in the fourth quarter, with domestic demand likely remaining in the driver’s seat. Retail sales growth, for example, climbed thanks to easing inflation and a tight labor market. Industrial production growth, however, slid in December amid a drop in automotive-sector manufacturing. In turn, export growth fell in the same month after an otherwise upbeat quarter. Looking ahead, tepid activity is expected to carry into the current quarter as a result of flagging industrial output in Germany, a key partner in the European automotive supply chains. In politics, Prime Minister Marjan Šarec said he would call snap elections if parliament fails to approve his 2019 budget in March, which plans for a surplus of 0.5% of GDP.

Slovenia - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)4.4  5.8  4.4  5.2  6.5  

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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 Yield0.77-0.79 %Mar 11
Exchange Rate1.120.65 %Mar 11
Stock Market873-0.30 %Mar 11

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