Economy of Slovenia
Population: 2.07 M (2018)
GDP per Capita: 26,124 USD (2018)
54,010 M.

GDP USD

(2018)

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46,110 M.

EXPORTS USD

(2018)

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41,640 M.

IMPORTS USD

(2018)

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66.10 %

PUBLIC DEBT

(2019)

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Data is provided by World Bank, FMI and Central Banks.

GDP and Economic Growth

Indicator Value
Economic Growth 4.12 % (2018)
GDP of 2010 USD USD 55.30 B. (2018)
GDP Current USD USD 54.01 B. (2018)
GDP per Capita Current USD USD 26,124 (2018)
GDP per capita, PPP USD 32,728 (2018)
GDP per Capita, 2010 USD USD 26,768 (2018)

Government spending and balances

Indicator Value
Government Spending % GDP 18.35 % (2018)
Government Spending USD 9.91 B. (2018)
Government Debt % GDP 66.10 % (2019)

International Trade and Investment

Indicator Value
Terms of Trade Base Year 2000 121.51 (2018)
Trade Openness 162.48 % (2018)
Exports of Goods and Services % GDP 85.38 % (2018)
Exports Goods & Services USD 46.11 B. (2018)
Exports Annual Growth 6.61 % (2018)
Imports as % GDP 77.10 % (2018)
Total Imports USD 41.64 B. (2018)
Foreign Direct Investment % GDP 2.82 % (2018)
Foreign Direct Investment USD 1.52 B. (2018)
Current Account Balance % GDP USD 5.69 % (2018)
Current Account Balance USD 3.07 B. (2018)
Trade Balance % GDP 8.28 % (2018)
Trade Balance USD 4.50 B. (2018)
Foreign Exchange Reserves incl Gold USD 0.93 B. (2018)
Remittances % GDP 1.13 % (2018)
Remittances USD 73 M. (2018)
Balance of Payments USD 204 M. (2018)

Labor Market

Indicator Value
Labor Force 1.01 M. (2019)
Unemployment Rate 5.50 % (2019)
Unemployment Rate Females 4.66 % (2019)
Unemployment Rate Males 3.79 % (2019)
Youth Unemployment (ages 15-24) 11.17 % (2019)
Labor Force Participation Rate 57.43 % (2019)
Labor Force (Percent Female) 46.25 % (2019)
Female Labor Force Participation Rate 52.93 % (2019)
Male Labor Force Participation Rate 62.05 % (2019)
Dependent People 52.97 % (2018)

Agriculture Sector

Indicator Value
Forest Area 62.00 % (2016)
Forest Area km² 12,482 km² (2016)
Agricultural Land 30.66 % (2016)
Agricultural Land km² 6,175 km² (2016)
Employment 5.46 % (2019)
Value added % GDP 2.11 % (2018)
Agriculture Value added USD 1.14 B. (2018)
Crop Production Index 86.30 (2016)
Precipitation 1,162 mm (2014)
Arable Land 9 % (2016)
Cereal Yield 5,543 kg/hectare (2017)
Food production index 89 (2016)
Rural Population 45 % (2018)
Fertilizer use of Arable Land 259 kg/hectare (2016)
Livestock Production Index 90 (2016)
Economy of Slovenia

According to the World Bank and its latest published data, the economy of the Slovenia presents a growth rate of 4.12 % (2018) to the previous year.

With a population that reaches 2.07 M (2018) and a gross domestic product of USD 54.01 B. (2018), it translates a Gross Domestic Product per Capita of USD 26,124 placing its inhabitants on the threshold of an High-income country (according to the World Bank's updated classification).

Slovenia also has a workforce of 1.01 M. (2019) with an unemployment rate of 5.50 % (2019), where women represent 4.66 % (2019) and men 3.79 % (2019), the unemployment rate for young people between 15-24 years old stood at 11.17 % (2019). The total number of dependent people stands at 52.97 % (2018).

The central government spent 18.35 % (2018) of its gross domestic product that year, which in absolute terms is USD 9.91 B. (2018). Its consolidated public debt reached 66.10 of its GDP, exceeding the 35% risk limit used by the European Union.

Regarding its international trade, Slovenia exported USD 46.11 B. (2018), which represents 85.38 % (2018) of its gross domestic product, in that same sense its imports reached USD 41.64 B. (2018) with a direct foreign investment of USD 1.52 B. (2018).

Slovenia has a forest area of 12,482 km² (2016), which represents 62.00 % (2016) of its total area, an average rainfall of 1,162 mm (2014) per year and a population of 45 % (2018) living in rural areas. With a total area of 6,175 km² (2016) available for agriculture and 5.46 % (2019) of its employments, the agricultural sector contributes to the economy of the Slovenia about USD 1.14 B. (2018) (2.11 % (2018) of its GDP).