Joining the Eurozone will mitigate financing risks amid the global downturn

BB2

MEDIUM RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

Last updated in January 2023.

Swipe to view more

GDP USD 67.84bn (World ranking 77, World Bank 2021)
Population 3.90mn (World ranking 129, World Bank 2021)
Form of state Parliamentary Democracy
Head of government Andrej PLENKOVIC (prime minister)
Next elections 2024, presidential and legislative
  • EU membership and good international relations
  • Eurozone accession in January 2023 provides for low transfer and convertibility risk
  • Fiscal prudence since 2015 (only temporarily interrupted in 2020 due to the Covid-19 crisis)
  • Comfortable annual current account balances since 2010 (surpluses or moderate deficits)
  • Adequate, improving business environment
  • Vulnerability to EU business cycle and tourism activity
  • Public debt has remained high despite fiscal consolidation since 2015
  • Elevated external debt-to-GDP ratio

Trade structure by destination/origin

(% of total, annual 2021)

Exports Rank Imports
Slovenia 12.7%
1
14.8% Germany
Italy 12.5%
2
12.6% Italy
Germany 11.8%
3
11.0% Slovenia
Hungary 9.1%
4
7.3% Hungary
Bosnia and Herzegovina 8.5%
5
6.4% Austria

Trade structure by product

(% of total, annual 2021)

Exports Rank Imports
Petroleum, petroleum products and related materials 8.7%
1
7.2% Petroleum, petroleum products and related materials
Electrical machinery, apparatus and appliances, n.e.s. 7.3%
2
6.4% Road vehicles
Medicinal and pharmaceutical products 5.3%
3
5.5% Medicinal and pharmaceutical products
Electric current 5.2%
4
5.4% Electrical machinery, apparatus and appliances, n.e.s.
Manufactures of metal, n.e.s. 4.0%
5
4.4% Articles of apparel & clothing accessories
Popular Risk Reports: Americas

Popular Risk Reports: Europe

Popular Risk Reports: Asia Pacific

Popular Risk Reports: Middle East

Popular Risk Reports: Africa