Economic Environment
Slovenia
Area: 20,273 km2
Population: 2 million
GDP (in 2009): 34,894 million EUR
GDP pc (in 2009): 17,092 EUR
Entrance in EU: May 1st, 2004
Entrance in EMU: January 1st, 2007
Slovenia's Sovereign Rating
| Long-term | Short-term | Outlook | |
|---|---|---|---|
| Standard & Poor's | AA | A-1+ | Stable |
| Moody's | Aa3 | Prime-1 | Negative |
| Fitch | A- | F2 | Stable |
| Capital Intelligence | A+ | A1 | Stable |
Main macroeconomic indicators for Slovenia
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | |
|---|---|---|---|---|---|---|---|
| GDP (growth in %) | 2.8 | 4.4 | 4.1 | 5.7 | 6.8 | 3.5 | -7.8 |
| Inflation (annual average in %) | 5.6 | 3.6 | 2.5 | 2.5 | 3.8 | 5.5 | 0.9 |
| Current account of the balance of payments (in % of GDP) | -0.8 | -2.6 | -2.0 | -2.8 | -4.2 | -6.2 | -5.8 |
| Public debt (in % of GDP) | 28.6 | 28.9 | 27.4 | 27.1 | 23.4 | 22.5 | 34.4* |
| Public finance deficit / suficit (in % of GDP) | -1.3 | -1.3 | -1.1 | -0.8 | 0.5 | -1.8 | -5.8 |
| Unemployment rate (under ILO in %) | 6.7 | 6.3 | 6.5 | 6.0 | 4.9 | 4.4 | 5.9 |
Sources: National Statistical Office, Bank of Slovenia, Institute of Macroeconomic Analysis and Development
* Estimation
Economy and banking sector review (Annual Report 2009)
Research & Analyses (prepared by NLB)