Slovenia’s Economy

Key highlights:

GDP Growth

Slovenia’s GDP increased by 1.5% in 2024, reflecting moderate expansion in a year marked by external pressures and post-flood reconstruction. Projections for 2025–2026 are more favorable, with expected growth nearing 2%, supported by EU funds, infrastructure investment, and domestic consumption.

Foreign Direct Investment (FDI)

FDI inflows reached a record €22.1 billion by the end of 2023, up 9.1% from the previous year. The growth was driven primarily by retained earnings (€800 million) and equity inflows (€500 million). Outward FDI also increased to €9.4 billion, with real estate and manufacturing leading Slovenian international investment activity.

Industrial Sector

Industrial output declined by 1.2% in 2024, following a contraction in 2023. However, mining and quarrying showed strong growth (+23.4% in January), helping to offset weak performance in energy and manufacturing in early 2024.

Inflation and Consumer Trends

Inflation eased to around 3% by April 2024, the lowest level since late 2021. Controlled pricing and improved sentiment helped stabilize consumption and restore purchasing power.

Economic Sentiment

According to UMAR and the Bank of Slovenia, business confidence improved significantly by the end of 2024, especially in retail, construction, and services, despite some softness in consumer confidence.

Slovenia enters 2025 with stable macroeconomic fundamentals, growing international interest, and an increasingly resilient private sector. Supported by EU recovery instruments and an investor-friendly regulatory framework, Slovenia continues to position itself as a reliable gateway between Western and Southeastern Europe.