Seasonally adjusted, Slovenia's economy expanded 1.1% on quarter in the fourth quarter of 2023, after showing no growth in the previous period. GDP Growth Rate in Slovenia averaged 0.66 percent from 1995 until 2023, reaching an all time high of 11.70 percent in the third quarter of 2020 and a record low of -9.10 percent in the second quarter of 2020. source: Statistical Office of the Republic of Slovenia

GDP Growth Rate in Slovenia is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovenia GDP Growth Rate is projected to trend around 0.70 percent in 2025, according to our econometric models.

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Slovenia GDP Growth Rate

Calendar GMT Reference Actual Previous Consensus TEForecast
2023-11-14 09:30 AM QoQ Q3 -0.2% 1% 0.9%
2024-02-14 09:30 AM QoQ Q4 1.1% 0% 0.1%
2024-05-15 08:30 AM QoQ Q1 1.1% 0.7%

Related Last Previous Unit Reference
GDP Growth Rate 1.10 0.00 percent Dec 2023
GDP Annual Growth Rate 2.20 1.30 percent Dec 2023
GDP Constant Prices 11870.70 11742.70 EUR Million Dec 2023
Gross National Product 58989.00 52279.00 EUR Million Dec 2022
Gross Fixed Capital Formation 2532.50 2504.70 EUR Million Dec 2023
Full Year GDP Growth 1.58 2.53 percent Dec 2023
GDP from Services 2096.80 2041.60 EUR Million Dec 2023
GDP from Public Administration 1733.00 1687.20 EUR Million Dec 2023
GDP from Manufacturing 2404.80 2328.20 EUR Million Dec 2023
GDP from Construction 766.30 712.60 EUR Million Dec 2023
GDP from Agriculture 196.50 184.90 EUR Million Dec 2023

Slovenia GDP Growth Rate
On the expenditure side, household expenditure is the main component of Slovenia's GDP and accounts for 53 percent of its total use, followed by gross fixed capital formation (20 percent) and government consumption (19 percent). Exports of goods and services account for 77 percent of GDP while imports account for 69 percent, adding 8 percent of total GDP.
Actual Previous Highest Lowest Dates Unit Frequency
1.10 0.00 11.70 -9.10 1995 - 2023 percent Quarterly