Economy - overview:
With excellent infrastructure, a well-educated work force, and a strategic location between the Balkans and Western Europe, Slovenia has one of the highest per capita GDPs in Central Europe, despite having suffered a protracted recession in 2008-2009 in the wake of the global financial crisis. Slovenia became the first 2004 European Union entrant to adopt the euro (on 1 January 2007) and has experienced one of the most stable political transitions in Central and Southeastern Europe.In March 2004, Slovenia became the first transition country to graduate from borrower status to donor partner at the World Bank. In 2007, Slovenia was invited to begin the process for joining the OECD; it became a member in 2012. However, long-delayed privatizations, particularly within Slovenia’s largely state-owned and increasingly indebted banking sector, have fueled investor concerns since 2012 that the country would need EU-IMF financial assistance. In 2013, the European Commission granted Slovenia permission to begin recapitalizing ailing lenders and transferring their nonperforming assets into a “bad bank” established to restore bank balance sheets. Export-led growth fueled by demand in larger European markets pushed GDP growth to 3.0% in 2014, while stubbornly-high unemployment fell slightly to 12%.PM CERAR’s government took office in September 2014, pledging to press ahead with commitments to privatize a select group of state-run companies, rationalize public spending, and further stabilize the banking sector.

GDP (purchasing power parity):
$63.6 billion (2015 est.) $62.16 billion (2014 est.) $60.32 billion (2013 est.)
note: data are in 2015 US dollars
country comparison to the world: 100
[see also: GDP country ranks ]

GDP (official exchange rate):
$42.74 billion (2015 est.)
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
2.3% (2015 est.) 3% (2014 est.) -1.1% (2013 est.)
country comparison to the world: 130
[see also: GDP - real growth rate country ranks ]

GDP - per capita (PPP):
$30,900 (2015 est.) $30,200 (2014 est.) $29,300 (2013 est.)
note: data are in 2015 US dollars
country comparison to the world: 58
[see also: GDP - per capita country ranks ]

Gross national saving:
26.6% of GDP (2015 est.) 26.8% of GDP (2014 est.) 25% of GDP (2013 est.)
country comparison to the world: 38
[see also: Gross national saving country ranks ]

GDP - composition, by end use:
household consumption: 53.6%
[see also: GDP - composition, by end use - household consumption country ranks ]
government consumption: 18.8%
[see also: GDP - composition, by end use - government consumption country ranks ]
investment in fixed capital: 20.2%
[see also: GDP - composition, by end use - investment in fixed capital country ranks ]
investment in inventories: 0.5%
[see also: GDP - composition, by end use - investment in inventories country ranks ]
exports of goods and services: 82.6%
[see also: GDP - composition, by end use - exports of goods and services country ranks ]
imports of goods and services: -75.7% (2015 est.)
[see also: GDP - composition, by end use - imports of goods and services country ranks ]

GDP - composition, by sector of origin:
agriculture: 2.2%
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry: 33.4%
[see also: GDP - composition, by sector of origin - industry country ranks ]
services: 64.4% (2015 est.)
[see also: GDP - composition, by sector of origin - services country ranks ]

Agriculture - products:
hops, wheat, coffee,, corn, apples, pears; cattle, sheep, poultry

Industries:
ferrous metallurgy and aluminum products, lead and zinc smelting; electronics (including military electronics), trucks, automobiles, electric power equipment, wood products, textiles, chemicals, machine tools

Industrial production growth rate:
4.9% (2015 est.)
country comparison to the world: 35
[see also: Industrial production growth rate country ranks ]

Labor force:
916,000 (2015 est.)
country comparison to the world: 148
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 8.3%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 30.8%
[see also: Labor force - by occupation - industry country ranks ]
services: 60.9% (2009)
[see also: Labor force - by occupation - services country ranks ]

Unemployment rate:
12% (2015 est.) 13.1% (2014 est.)
country comparison to the world: 130
[see also: Unemployment rate country ranks ]

Population below poverty line:
13.5% (2012 est.)
[see also: Population below poverty line country ranks ]

Household income or consumption by percentage share:
lowest 10%: 3.7%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: 21.1% (2011)
[see also: Household income or consumption by percentage share - highest 10% country ranks ]

Distribution of family income - Gini index:
23.7 (2012) 23.8 (2005)
country comparison to the world: 144
[see also: Distribution of family income - Gini index country ranks ]

Budget:
revenues: $17.38 billion
[see also: Budget revenues country ranks ]
expenditures: $18.59 billion (2015 est.)
[see also: Budget expenditures country ranks ]

Taxes and other revenues:
40.7% of GDP (2015 est.)
country comparison to the world: 40
[see also: Taxes and other revenues country ranks ]

Budget surplus (+) or deficit (-):
-1% of GDP (2015 est.)
country comparison to the world: 52
[see also: Budget surplus (+) or deficit (-) country ranks ]

Public debt:
62.7% of GDP (2015 est.) 60.9% of GDP (2014 est.)
note: defined by the EU's Maastricht Treaty as consolidated general government gross debt at nominal value, outstanding at the end of the year in the following categories of government liabilities: currency and deposits, securities other than shares excluding financial derivatives, and loans; general government sector comprises the subsectors: central government, state government, local government, and social security funds
country comparison to the world: 57
[see also: Public debt country ranks ]

Fiscal year:
calendar year

Inflation rate (consumer prices):
-0.4% (2015 est.) 0.4% (2014 est.)
country comparison to the world: 22
[see also: Inflation rate (consumer prices) country ranks ]

Central bank discount rate:
0.3% (31 December 2013) 0.75% (31 December 2012)
note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
country comparison to the world: 133
[see also: Central bank discount rate country ranks ]

Commercial bank prime lending rate:
5.5% (31 December 2015 est.) 5.02% (31 December 2014 est.)
country comparison to the world: 137
[see also: Commercial bank prime lending rate country ranks ]

Stock of narrow money:
$11.82 billion (31 December 2015 est.) $12.85 billion (31 December 2014 est.)
note: see entry for the European Union for money supply for the entire euro area; the European Central Bank (ECB) controls monetary policy for the 18 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money circulating within their own borders
country comparison to the world: 73
[see also: Stock of narrow money country ranks ]

Stock of broad money:
$26.11 billion (31 December 2014 est.) $25.92 billion (31 December 2013 est.)
country comparison to the world: 80
[see also: Stock of broad money country ranks ]

Stock of domestic credit:
$25.2 billion (31 December 2015 est.) $31.08 billion (31 December 2014 est.)
country comparison to the world: 79
[see also: Stock of domestic credit country ranks ]

Market value of publicly traded shares:
$6.87 billion (31 December 2013 est.) $6.31 billion (31 December 2012) $6.783 billion (31 December 2011 est.)
country comparison to the world: 83
[see also: Market value of publicly traded shares country ranks ]

Current account balance:
$2.869 billion (2015 est.) $3.464 billion (2014 est.)
country comparison to the world: 31
[see also: Current account balance country ranks ]

Exports:
$28.09 billion (2015 est.) $30.55 billion (2014 est.)
country comparison to the world: 65
[see also: Exports country ranks ]

Exports - commodities:
manufactured goods, machinery and transport equipment, chemicals, food

Exports - partners:
Germany 19%, Italy 11.2%, Austria 8.7%, Croatia 6.6%, Hungary 4.4%, France 4.4%, Russia 4.1%, Slovakia 4.1% (2014)

Imports:
$27.1 billion (2015 est.) $28.94 billion (2014 est.)
country comparison to the world: 66
[see also: Imports country ranks ]

Imports - commodities:
machinery and transport equipment, manufactured goods, chemicals, fuels and lubricants, food

Imports - partners:
Germany 16.2%, Italy 14.4%, Austria 10.3%, South Korea 4.6%, China 4.4%, Croatia 4.3%, Hungary 4.1% (2014)

Reserves of foreign exchange and gold:
$961.8 million (31 December 2015 est.) $1.016 billion (31 December 2014 est.)
country comparison to the world: 135
[see also: Reserves of foreign exchange and gold country ranks ]

Debt - external:
$56.11 billion (31 December 2014 est.) $55.45 billion (31 December 2013 est.)
country comparison to the world: 63
[see also: Debt - external country ranks ]

Stock of direct foreign investment - at home:
$15.83 billion (31 December 2015 est.) $14.73 billion (31 December 2014 est.)
country comparison to the world: 85
[see also: Stock of direct foreign investment - at home country ranks ]

Stock of direct foreign investment - abroad:
$7.958 billion (31 December 2015 est.) $8.178 billion (31 December 2014 est.)
country comparison to the world: 62
[see also: Stock of direct foreign investment - abroad country ranks ]

Exchange rates:
euros (EUR) per US dollar - 0.89 (2015 est.) 0.75 (2014 est.) 0.76 (2013 est.) 0.78 (2012 est.) 0.72 (2011 est.)