Economy of Slovenia

[22][23] The country enjoys a high level of prosperity and stability as well as above-average GDP per capita by purchasing power parity at 91% of the EU average in 2023.

[26] Slovenia has a highly educated workforce, well-developed infrastructure, and is situated at a major transport crossroads.

[6] 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.

Since that time it has vigorously pursued diversification of its trade with the West and integration into Western and transatlantic institutions.

[33] The main factors of GDP growth are export and in the year 2016 also domestic consumption, which started to revive after the economic crisis.

During the EU accession negotiations, Slovenia insisted on numerous derogations, refusing to open up certain key sectors of the economy to full competition.

The country has also preserved an important public service built during the socialist period: Slovenia still has one of the best healthcare systems in the world, and education is free up to the postgraduate level.

This high level of openness makes it extremely sensitive to economic conditions in its main trading partners and changes in its international price competitiveness.

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.

Smodiš Škerl et al (2009) found that thiacloprid/apple application practices leave a residue in the pollen but not in bee bread.

Part of Slovenia lies in the Alpe-Adria bioregion, which is currently involved in a major initiative in organic farming.

The Statistical Office of the Republic of Slovenia (SURS) reported it to be (not counting state-guaranteed loans) 19.5 billion euros or 54.2% of GDP at the end of September 2010.

However, the Slovenian financial newspaper Finance calculated in January 2011 that it was actually 22.4 billion euros or almost 63% of GDP, surpassing the limit of 60% allowed by the European Union.

[41][42] On 12 January 2011, the Slovenian Court of Audit rejected the data reported by the ministry as incorrect and demanded the dismissal of the finance minister Franc Križanič.

Its privatization process favoured insider purchasers and prescribed a long lag time on share trading, complicated by a cultural wariness of being "bought up" by foreigners.

GNI per capita :
Slovenia ($23,520)
Higher GNI per capita compared to Slovenia
Lower GNI per capita compared to Slovenia