Lake Bled in Slovenia

Slovenia Industry

Slovenia Industry

Industrial Production in Slovenia

Slovenia recorded an average industrial production growth rate of 3.6% in the decade to 2022, above the 1.1% average for the Euro Area. In 2022, industrial production growth was 1.2%. For more industry information, visit our dedicated page.

Slovenia Industry Chart

Note: This chart displays Industrial Production (ann. var. %) for Slovenia from 2014 to 2023.
Source: Statistical Office of Slovenia.

Slovenia Industry Data

2018 2019 2020 2021 2022
Industrial Production (ann. var. %) 5.1 3.1 -5.2 10.2 1.2

Industrial output plummets in December

Industrial output dived 10.2% in year-on-year terms in December, which was a deterioration from November's 2.3% decrease. December's downturn was broad-based, reflecting sharper contractions in energy production—which declined at the fastest pace in seven months—and manufacturing. Meanwhile, mining and quarrying expanded at a slower pace at the tail end of 2023. On a monthly basis, factory output plummeted 7.4% in seasonally adjusted terms in December, contrasting November’s 3.7% expansion and marked the worst result since July. However, the trend improved slightly, with the annual average variation of industrial production coming in at minus 5.3% in December, up from November's minus 5.4%.

Consensus Forecasts and Projections for the next ten years

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 5 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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