GDP

Gorenje manufactures household appliances. Photo: Gorenje archive


Gross domestic product growth fell to 3.5% in 2008 after experiencing a growth rate of about 6.1% the prior year. Due to the recession in Slovenia’s export markets, GDP fell by about 8% in 2009. Services contributed the most to the national output in 2009, accounting for 61% of GDP. Industry and construction comprised 37% of GDP, and agriculture, forestry, and fishing accounted for 2% of GDP. While the service sector is the largest part of the economy as a percentage of GDP, manufacturing accounts for most employment, with machinery and other manufactured products comprising the major exports.

International Labor Organization (ILO) statistics put unemployment at 5.9% (2009). Inflation, after declining from 3.6% in 2004 to 2.5% in 2005 and 2006, returned to 3.6% for 2007, and spiked to 5.7% in 2008, but has decreased to 0.9 in 2009, 1.8% in 2010 since the onset of the global economic crisis. In 2011 the annual inflation rate was 1.8%.

More data › Statistical Office of the Republic of Slovenia: Economy/National Accounts