Current Account in Slovenia

Slovenia Current Account | Economic News & Forecasts

Slovenia - Current Account

The economy maintained a firm pace of expansion in the second quarter on a resilient external sector, defying the slowdown gripping the Eurozone. Exports kept pace from Q1 on strong overseas sales to non-EU countries, which compensated for the downturn in exports to trading partners in the Euro area. Moreover, buoyant tourist arrivals supported export growth in the quarter. On the other hand, domestic demand metrics showed signs of a further slowdown in Q2. Retail sales decelerated throughout the quarter, which, coupled with a fall in consumer confidence, signals private consumption lost steam in the period despite some employment gains. In addition, a drop in business confidence in the quarter hints that fixed investment growth lost ground from the first quarter.

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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