Industrial Production in Slovenia
The Slovenian economy recorded an average industrial production growth rate of 1.6% in the decade to 2024. In 2024, industrial production growth was -1.3%. For more industry information, visit our dedicated page.
Slovenia Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Slovenia from 2014 to 2024.
Source: Macrobond.
Slovenia Industry Data
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Industrial Production (ann. var. %) | -6.5 | 10.0 | 2.0 | -4.9 | -1.3 |
Industrial activity falls at sharpest pace since May 2024 in April
Latest reading: Industrial output fell 4.6% in year-on-year terms in April, which was a larger contraction than March's 2.0% decrease. April's result marked the worst reading since May 2024. Looking at the details of the release, the drop was largely driven by a fall in manufacturing output. Furthermore, production contracted in both the mining and quarrying, and energy supply sub-sectors. On a monthly basis, industrial production fell 1.2% in seasonally adjusted terms in April, easing from March’s 1.5% fall. Meanwhile, the trend pointed down, with the annual average variation of industrial production coming in at minus 1.0%, down from March's minus 0.7% reading.
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Slovenian industry projections for the next ten years from a panel of 6 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Slovenian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Slovenian industry projections.
Want to get access to the full dataset of Slovenian industry forecasts? Send an email to info@focus-economics.com.
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