The Gross Domestic Product (GDP) in Slovenia contracted 1 percent in the fourth quarter of 2020 over the previous quarter. source: Statistical Office of the Republic of Slovenia

GDP Growth Rate in Slovenia averaged 0.61 percent from 1995 until 2020, reaching an all time high of 12.20 percent in the third quarter of 2020 and a record low of -10.10 percent in the second quarter of 2020. This page provides - Slovenia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovenia GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

GDP Growth Rate in Slovenia is expected to be -0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Slovenia to stand at 1.00 in 12 months time. In the long-term, the Slovenia GDP Growth Rate is projected to trend around 0.80 percent in 2022 and 0.70 percent in 2023, according to our econometric models.

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Slovenia GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
-1.00 12.20 12.20 -10.10 1995 - 2020 percent Quarterly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-05-29 08:30 AM Q1 -4.5% 0.4% -3.4%
2020-08-31 08:30 AM Q2 -9.6% -4.8% -13.8%
2020-11-30 09:30 AM Q3 12.4% -9.8% 7.5%
2021-02-26 09:30 AM Q4 -1.0% 12.2% -2%
2021-05-31 08:30 AM Q1 -1% -0.3%
2021-08-31 08:30 AM Q2 1.5%
2021-11-30 09:30 AM Q3 4.4%

Slovenia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.00 12.20 12.20 -10.10 percent [+]
GDP Annual Growth Rate -4.50 -2.40 8.00 -12.90 percent [+]
GDP 53.74 54.03 55.55 13.10 USD Billion [+]
GDP Constant Prices 10400.00 10510.20 10952.30 5678.40 EUR Million [+]
Gross National Product 46297.00 48007.00 48007.00 9688.00 EUR Million [+]
Gross Fixed Capital Formation 2081.70 2062.90 2996.20 1180.10 EUR Million [+]
GDP per capita 27152.10 26684.20 27152.10 13382.50 USD [+]
GDP per capita PPP 38688.80 38022.00 38688.80 19068.60 USD [+]
GDP From Agriculture 209.30 209.80 241.10 125.50 EUR Million [+]
GDP From Construction 536.10 504.90 783.20 302.40 EUR Million [+]
GDP From Manufacturing 2221.30 2061.90 2249.60 851.50 EUR Million [+]
GDP From Public Administration 1570.90 1575.00 1575.00 952.40 EUR Million [+]
GDP From Services 1854.80 2035.30 2185.90 873.40 EUR Million [+]


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.