Slovenia’s gross domestic product expanded by 3.4% year-on-year in the third quarter of 2022, the least since first quarter of 2021 and sharply easing from 8.3% in the previous period. The economic slowdown was mainly influenced by softer increases of household consumption (2.6% vs 12.6% in Q2); and gross fixed capital formation (7.1% vs 7.3%). At the same time, public spending declined (-0.9% vs 0.7%). Meanwhile, net trade added 0.8 percentage points to the GDP, as exports rose 11% and imports advanced at a softer 10.7%. On a seasonally adjusted quarterly basis, the economy shrank by 1.4% in Q3, following a mild 0.2% growth in the previous quarter. source: Statistical Office of the Republic of Slovenia
GDP Annual Growth Rate in Slovenia averaged 2.84 percent from 1996 until 2022, reaching an all time high of 16.20 percent in the second quarter of 2021 and a record low of -11.40 percent in the second quarter of 2020. This page provides - Slovenia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovenia GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.
GDP Annual Growth Rate in Slovenia is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovenia GDP Annual Growth Rate is projected to trend around 1.70 percent in 2024 and 2.10 percent in 2025, according to our econometric models.