Current Account in Slovenia

Slovenia Current Account | Economic News & Forecasts

Slovenia - Current Account

Growth rose markedly in the third quarter after moderating in the second quarter on weaker domestic demand dynamics. An upturn in the external sector—fueled by a surge in export growth and a slowdown in imports—drove Q3’s acceleration, while demand in the domestic market remained stable from the previous period. Early indicators suggest the economy gained speed at the outset of the final quarter. In October, retail sales grew at almost three times the pace as in the previous month as consumers became more optimistic about their personal financial situation and the general economic conditions. Moreover, industrial production picked up in the month after losing considerable strength in September, and business sentiment remained robust. Given the economy’s uninterrupted strong performance from last year, parliament approved a 10.0% increase in the minimum wage on 13 December, to take effect from 1 January 2019.

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 Yield0.91-0.79 %Jan 16
Exchange Rate1.140.65 %Jan 16
Stock Market828-0.30 %Jan 16

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