Economy of Slovenia

Economy of Slovenia
	The city of Ljubljana is the capital and financial centre of Slovenia.
Currency	Euro (EUR, €)
Fiscal year	1 January – 31 December
Trade organisations	EU,EEA, WTO, OECD
Country group	Developed/Advanced; High-income economy;
Statistics
Population	2,120,547 (February 2024)
GDP	$72 billion (nominal, 2024); $113 billion (PPP, 2024);
GDP rank	87th (nominal, 2023); 94th (PPP, 2023);
GDP growth	2.1% (2023); 1.5% (2024); 2.6% (2025);
GDP per capita	$36,500 (nominal, 2025); $58,150 (PPP, 2025);
GDP per capita rank	34th (nominal, 2025); 35th (PPP, 2025);
GDP by sector	agriculture: 1.8%; industry: 32.2%; services: 65.9%; (2017 est.);
Inflation (CPI)	7.4% (2023); 2.7% (2024); 2.0% (2025);
Population below poverty line	12.7% at risk of poverty (2025); 13.7% at risk of poverty or social exclusion (AROPE 2023);
Gini coefficient	23.4 low (2023)
Human Development Index	0.926 very high (2022) (22nd); 0.882 very high IHDI (8th) (2022);
Corruption Perceptions Index	60 out of 100 points (2024, 36th rank)
Labour force	1,083,800 (2022); 77.5% employment rate (2023);
Labour force by occupation	agriculture: 5.5%; industry: 31.2%; services: 63.3%; (2017 est.);
Unemployment	4.5% (November 2021); 11.2% youth unemployment (15 to 24 year-olds; June 2020);
Average gross salary	€2,803 / $2,922 monthly (December 2024)
Average net salary	€1,825 / $1,902 monthly (December 2024)
Main industries	ferrous metallurgy and aluminum products, lead and zinc smelting; electronics (including military electronics), trucks, automobiles, electric power equipment, wood products, textiles, chemicals, pharmaceuticals, machine tools
External
Exports	$66.61 billion (2024)
Export goods	manufactured goods, machinery and transport equipment, chemicals, food
Main export partners	Switzerland 33.7%; Germany 11.9%; Croatia 7.7%; Italy 7.3%; Austria 4.3%; France 3.1%; Poland 2.4%; Serbia 2.2%; Hungary 2.0%; Russia 1.9%; (2024);
Imports	$74.99 billion (2024)
Import goods	machinery and transport equipment, manufactured goods, chemicals, fuels and lubricants, food
Main import partners	Switzerland 23.5%; Germany 10.6%; China 10.1%; India 8.6%; Italy 8.3%; Austria 6.0%; Croatia 4.0%; Netherlands 2.9%; Hungary 2.9%; Poland 2.0%; (2024);
FDI stock	$19.23 billion (31 December 2017 est.); Abroad: $9.914 billion (31 December 2017 est.);
Current account	$3.475 billion (2017 est.)
Gross external debt	$46.3 billion (31 January 2017 est.)
Public finances
Government debt	74.7% of GDP (2022); €38.857 billion (2022);
Foreign reserves	$889.9 million (31 December 2017 est.)
Budget balance	€260 million surplus (2019); +0.5% of GDP (2019);
Revenues	44.2% of GDP (2019)
Expenses	43.7% of GDP (2019)
Economic aid	€4.2 billion from European Structural and Investment Funds (2007–2013); €3.87 billion from European Structural and Investment Funds (2014–2020);
Credit rating	Standard & Poor's: AA− (stable); Moody's: Baa1 (positive); Fitch: A (stable); Scope Ratings: A+ (stable);
	All values, unless otherwise stated, are in US dollars.

The economy of Slovenia is a developed mixed economy. The country maintains a high quality of life and economic stability as well as above-average GDP-per-capita by purchasing power parity (PPP) at 91% of the EU average in 2023. The nominal GDP in 2023 is $68.108 billion, nominal GDP-per-capita in 2023 is $32,350. The highest GDP-per-capita is in central Slovenia, around capital city Ljubljana. It is part of the Western Slovenia statistical region, which has a higher GDP-per-capita than eastern Slovenia.

In 2007, Slovenia became the first former Yugoslav republic to join the European Union, adopting the euro currency within the Eurozone. It has also been a member of the Organisation for Economic Co-operation and Development since 2010. Slovenia has a highly educated workforce, well-developed infrastructure, and is situated at a major transport crossroads. Almost two-thirds of the working population is employed in services. The level of foreign direct investment (FDI) is one of the lowest in Europe but has seen steady gains since the mid-2010s. The Slovenian economy was heavily impacted by the European economic crisis of the late 2000s. In 2013, GDP-per-capita began rising again.