Slovenia recorded a Current Account surplus of 6.60 percent of the country's Gross Domestic Product in 2019. source: Eurostat

Current Account to GDP in Slovenia averaged 1.13 percent from 1992 until 2019, reaching an all time high of 7.20 percent in 2017 and a record low of -5.30 percent in 2008. This page provides - Slovenia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovenia Current Account to GDP - values, historical data and charts - was last updated on November of 2020.

Current Account to GDP in Slovenia is expected to reach 5.60 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovenia Current Account to GDP is projected to trend around 5.10 percent in 2021 and 4.60 percent in 2022, according to our econometric models.

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Slovenia Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
6.60 7.00 7.20 -5.30 1992 - 2019 percent Yearly

Slovenia Trade Last Previous Highest Lowest Unit
Balance of Trade 316.43 -120.56 316.43 -396.66 EUR Million [+]
Current Account 416.60 204.10 461.70 -363.70 EUR Million [+]
Current Account to GDP 6.60 7.00 7.20 -5.30 percent [+]
Imports 2641.53 2333.33 3211.80 320.80 EUR Million [+]
Exports 2957.96 2212.77 3092.13 346.40 EUR Million [+]
External Debt 47804.70 48341.00 48341.00 1059.00 EUR Million [+]
Capital Flows 273.40 175.70 1697.80 -1367.90 EUR Million [+]
Foreign Direct Investment -232.30 -35.70 769.80 -232.30 EUR Million [+]
Tourist Arrivals 493679.00 17317.00 1067416.00 0.00 [+]
Gold Reserves 3.20 3.20 7.56 0.01 Tonnes [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Crude Oil Production 0.01 0.01 0.04 0.01 BBL/D/1K [+]


Slovenia Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.