Macroeconomic fundamentals show resilience to external shocks
A1
LOW RISK for enterprise
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
Updated in January 2024.
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GDP |
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Population |
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Form of state | Parliamentory Democracy | |
Head of government |
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Next elections | 2026 (legislative) |
Strengths & Weaknesses
![](/en_global/economic-research/country-reports/Slovenia/_jcr_content/root/parsys/wrapper/wrapper/multi_column_grid_co/grid-0-par/wrapper/wrapper/image.img.82.3360.png/1716971402377/plus.png)
- Good regional and international relations, EU and NATO membership
- Eurozone membership provides for low transfer and convertibility risk
- Favorable annual current account balances since 2012 (either surpluses or moderate deficits)
- Favorable business environment
![](/en_global/economic-research/country-reports/Slovenia/_jcr_content/root/parsys/wrapper/wrapper/multi_column_grid_co/grid-1-par/wrapper_copy/wrapper/image.img.82.3360.png/1716971631893/minus.png)
- Elevated public debt
- High gross external debt
- High export dependence on EU business cycle
- Significant exposure to tourism inflows
Trade structure by destination/origin
(% of total, 2022)
Exports | Rank | Imports |
---|---|---|
Switzerland
15.0%
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1 |
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Germany
14.7%
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2 |
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Italy
11.9%
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3 |
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Croatia
8.0%
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4 |
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Austria
7.1%
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5 |
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Trade structure by product
(% of total, 2022)
Exports | Rank | Imports |
---|---|---|
Medicinal and pharmaceutical products
23.5%
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1 |
13.0%
Medicinal and pharmaceutical products
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Road vehicles
10.1%
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2 |
8.6%
Organic chemicals
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Electrical machinery, apparatus and appliances, n.e.s
7.9%
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3 |
7.3%
Petroleum, petroleum products and related materials
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Petroleum, petroleum products and related materials
4.6%
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4 |
5.9%
Road vehicles
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Other industrial machinery and parts
4.2%
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5 |
4.6%
Electrical machinery, apparatus and appliances, n.e.s.
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