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Slovenia overview


In Slovenia we focus on:

Boosting competitiveness and good governance by championing privatisations, while deploying cutting-edge instruments to support private companies. We will support the expansion of competitive and well-governed companies. We aim to deepen capital markets and strengthen financial system.

Supporting Green Economy Transition by promoting new green technologies. Our goal is to Improve energy and resource efficiency and reduce CO2 emissions.
Slovenia is one of the most advanced countries within the EBRD regions. The country is highly competitive and has many vibrant small businesses, but there remains room for improvement in innovation, governance and energy intensity.

While the economy has registered steady growth in recent years, the medium-term outlook will depend on the continuation of structural reforms. Reviving private sector productivity growth is key to the further convergence of the Slovenian economy.

The EBRD country strategy for Slovenia is also aligned with the government’s Slovenia Development Strategy 2030 especially in the areas of privatisation, corporate governance, capital market development, green economy, innovation and entrepreneurship.

As well as being a country where the EBRD works, Slovenia is also an EBRD donor with a total contribution of 1.5 million.

The EBRD’s latest strategy for Slovenia was adopted on 13 February 2019

Current EBRD forecast for Slovenia’s real GDP growth in 2023 1.5%

Current EBRD forecast for Slovenia's real GDP growth in 2024 2.3%

After expanding by 2.5 per cent in 2022, the economy has entered a phase of milder growth as GDP grew by 1.1 per cent year on year in the first half of 2023. Behind the slowdown were lower private consumption and weaker exports. Nevertheless, a sharp drop in imports resulted in a strong increase in the trade surplus, while investments expanded by almost 10 per cent year on year. Inflation was 6.2 per cent in August 2023, and despite relatively strong nominal wage growth of 10.4 per cent in the first quarter of 2023, private consumption remains depressed, with retail sales recording annual declines since March 2023. Flash floods in early August caused damages of up to €5 billion, forcing the government to revise the 2023 budget deficit to 4.9 per cent of GDP, with most relief expenditure expected in 2024. The government also provided financial support to affected municipalities. To finance reconstruction, the government introduced a tax of 0.3 per cent of income for citizens and 0.8 per cent for firms. GDP growth of 1.5 per cent is forecast in 2023, with significant downside risks, and 2.3 per cent growth is expected in 2024. On the upside, investment will likely accelerate as reconstruction starts and EU funds are disbursed.



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