Investment in Slovenia
Slovenia - Investment
GDP declines at steeper pace in final quarter of 2020
GDP declined at a sharper pace of 4.5% year-on-year in the fourth quarter, below the 2.4% contraction seen in the third quarter. The print meant GDP fell 5.5% in 2020 as a whole after growing 3.2% in 2019, marking the worst drop since the Great Recession.
Household spending fell 14.5% in Q4, which was significantly below Q3’s 0.6% contraction, dragged down by the tightening of restrictions throughout the quarter. However, public consumption improved to a 2.8% increase in Q4 (Q3: +1.3% yoy). Meanwhile, fixed investment rebounded, growing 2.0% in Q4 and contrasting the 0.8% decrease logged in the prior quarter, amid a robust construction sector.
Exports of goods and services contracted at a softer pace of 0.4% year-on-year in the fourth quarter (Q3: -9.5% yoy). In addition, imports of goods and services declined at a milder rate of 2.0% in Q4 (Q3: -12.5% yoy), marking the best reading since Q1 2020. While exports and imports of goods returned to growth, services trade was depressed by muted travel and tourism.
Going into 2021, the economy should benefit from the recent easing of restrictions in February and the likely further lifting of lockdown measures in the coming months, which should drive a rebound in private consumption. However, delays in the vaccine rollout and a slower-than-expected resumption of international trade pose downside risks to the outlook.
FocusEconomics analysts project the economy to expand 4.8% in 2021, which is up 0.1 percentage points from last month’s forecast. In 2022, the economy is seen growing 3.7%.
Slovenia - Investment Data
|Investment (annual variation in %)||-1.2||-3.7||10.4||9.1||3.2|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||0.30||-0.79 %||Dec 31|
|Exchange Rate||1.12||0.65 %||Dec 31|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Slovenia: Industrial output records quickest growth since January 2018 in March, amid a favorable base effect
May 10, 2021
Industrial production rose 8.5% year-on-year in March (February: -0.7% yoy), amid a favorable base effect.
April 30, 2021
Consumer prices increased 1.04% in April over the previous month, picking up from the 0.34% rise recorded in March.
April 9, 2021
Industrial output decreased 1.5% in year-on-year terms in February, which was a deterioration from January's 1.2% increase, and the worst result since September.
April 7, 2021
Consumer prices increased 0.34% in March over the previous month, picking up from the 0.29% rise recorded in February.
March 10, 2021
Industrial output increased 1.3% in year-on-year terms in January, which contrasted December's -0.8% decrease.