Trade Balance in Slovenia

Slovenia Trade Balance (EUR) | Economic News & Forecasts

Slovenia - Trade Balance (Euros)

Available data suggests that the economy contracted in the first quarter, battered by the Covid-19 pandemic. Retail trade plunged at the fastest pace in over a decade in March and consumer sentiment soured, hinting at a downturn in private consumption. Moreover, dislocated supply chains and a particularly hard-hit automotive sector likely took a toll on fixed investment and exports. That said, the brunt of the crisis is likely to be felt in the second quarter as prolonged social distancing measures weigh on economic activity; business and consumer sentiment collapsed to a record low in April. Meanwhile, the government approved a second stimulus package worth EUR 2 billion (about 4.5% of GDP) on 22 April, which provides loan guarantees to businesses. Later in the month, authorities began gradually easing lockdown conditions, allowing some businesses to reopen.

Slovenia - Trade Balance (EUR) Data

2014   2015   2016   2017   2018  
Trade Balance (EUR billion)1.2  1.5  1.5  1.6  1.1  

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Slovenia Trade Balance (EUR) Chart


Slovenia Trade
Note: Trade balance in EUR billion.
Source: Statistical Office and FocusEconomics calculations.

Slovenia Facts

Value Change Date
Bond Yield0.30-0.79 %Dec 31
Exchange Rate1.120.65 %Dec 31

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