Business
- On 1 January 2007 Slovenia adopted the euro. Photo: Primož Lavre
The nineties were marked by economic progress typical of the more successful transition countries, and the transition to a market economy was relatively painless.
At home and abroad, Slovenian companies have celebrated numerous successful and highly innovative products. Ever heard of Elan skis , the ones used by skiing champions? Or Seaway sailing boats and Pipistrel ultra light aircraft ? Or perhaps the brilliantly designed Gorenje household appliances ? And numerous other small, but highly innovative companies. Their products are persistently breaking into foreign markets and lends a boutique-type quality to Slovenia's economy.
The economy is geared towards services, and Slovenia can boast top-class services in the field of information technology. It also has developed pharmaceutical and automobile manufacturing.
Other major economic sectors include the food industry, electrical devices, metal processing and chemicals. Meanwhile tourism is becoming an increasingly important sector.
Features
Krka ranks among the world's best companies
April 2012
Last year, Krka Group sales were worth EUR 1.076 billion and the company expects to report similar growth this year. In 2012, Krka Group is planning a 6% growth in sales, amounting to EUR 1,134 million. It will continue to focus...
Business, February 2012
February 2012
In view of the much deteriorated expectations for global economic activities, the Institute of Macroeconomic Analysis and Development (IMAD) has forecast significantly reduced economic growth for Slovenia. Growth is expected to...
Business, January 2012
February 2012
Only a few economies have experienced a crisis as severe as that in Slovenia. On average, the cash flow of Slovenian companies has fallen by twenty to thirty per cent. Difficulties in financing and obtaining new loans have not...
Macroeconomic indices for Slovenia in 2011
GDP growth (real growth rate in %) -0.2
GDP per capita in EUR 17.361
Rate of unemployment by ILO in % 8.2
Growth in labour productivity (%) 1.6
Gross wage per employee (real gross earnings growth in %) 0.2
Inflation (annual average) 1.8
Source: Statistical Office of the RS
Slovenia - member of the OECD
Slovenia has been an OECD member since July 2010. Thus, it has joined the economically most developed countries of the world that respect the highest standards in the field of economic and development policies. More ›
