As in most industrial economies, services make up an increasing share of output (57.1 percent), notably in financial services. The Gross Domestic Product (GDP) in Slovenia was worth 53.74 billion US dollars in 2019, according to official data from the World Bank. Slovenia's economy shrank by 13% year-on-year in the second quarter of 2020, the statistics office said on Monday, after the impact of the COVID-19 pandemic reduced household spending and exports. Slovenia’s export-oriented economy expanded by 2.4% in 2019. The GDP value of Slovenia represents 0.04 percent of the world economy. [150] Slovenia is a founding member The Bank of Slovenia on Monday confimed its June forecast according to which GDP will fall by 6.5% this year. Slovenia Economic Outlook. The economy likely contracted in the second quarter due to the lockdown, after the first quarter marked the steepest fall in GDP in seven years. This rate is 49 -tenths of one percent less than in the previous quarter, when changed 0.4%. Although it comprised only about one-eleventh of Yugoslavia's total population, it was the most productive of the Yugoslav republics, accounting for one-fifth of its GDP and one-third of its exports. It was the weakest pace of expansion since Q3 2015. This averaged around $650 million per annum between 1999 and 2007, however this amounted to less than 23 percent of GDP.Investments from neighboring Croatia have begun in Slovenia. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Industry and construction comprise about one quarter of GDP. Gross Domestic Product of Slovenia fell 4.5 in the first quarter of 2020 compared to the previous quarter. Slovenia is a founding member of the Slovenia's trade is orientated towards other EU countries, mainly This high level of openness makes it extremely sensitive to economic conditions in its main trading partners and changes in its international price competitiveness. In January 2007 it became the first member to have both joined the Slovenia has a highly educated workforce, well-developed infrastructure, and is situated at a major transport crossroad.Since that time it has vigorously pursued diversification of its trade with the West and integration into Western and transatlantic institutions. The gross domestic product (GDP) measures of national income and output for a given country's economy. However, despite the economic slowdown in Europe in 2001–03, Slovenia maintained a 3% GDP growth. Slovenia has a developed economy and is per capita the richest of the Slavic countries by nominal GDP, and the second richest by GDP (PPP) behind the Czech Republic.

The Trading Economics Application Programming Interface (API) provides direct access to our data. GDP in Slovenia averaged 34.28 USD Billion from 1990 until 2019, reaching an all time high of 55.55 USD Billion in 2008 and a record low of 13.10 USD Billion in 1992. July 28, 2020. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Slovenia thus gained independence in 1991 with an already relatively prosperous economy and strong market ties to the West. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. Public finances have shown a deficit in recent years. Slovenia’s GDP expanded 2.3 percent year-on-year in the third quarter of 2019, easing from a 2.5 percent advance in the previous period. The year-on-year change in GDP was -3.4%, 51 -tenths of one percent … Keeping labour costs in line with productivity is thus a key challenge for Slovenia's economic well-being, and Slovenian firms have responded by specializing in mid- to high-tech manufacturing. On 1 July 2010, Droga Kolinska was purchased by Atlantic Group of Croatia for 382 million euros. Mercator was sold to Croatia's Agrocor in June 2014.The following table shows the main economic indicators in 1993–2017.

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