Page 75 - SE Outlook Regions 2023

According to seasonally adjusted data, industrial production rose by 1%
month on month in September, while the production in the key
manufacturing sector edged up 0.2% m/m.

2.11 Macroeconomy - Slovenia

Slovenia key economic figures and forecasts

2016 2017 2018 2019 2020 2021 2022

Nominal GDP (EUR bn) 40.418 43.000 45.755 48.393 46.918 52.208

Real GDP (% y/y) 2.2 3.2 4.8 3.5 -4.3 8.2 5.7

Industrial output (% y/y) 6.6 8 4.6 3 -6.2 10.2

Unemployment rate (avg, %) 8 6.6 5.1 4.4 5 4.8 4.3

Nominal industrial wages (% y/y) 1.8 2.7 3.4 4.3 5.8 6.1

Producer prices (avg, % y/y) 0.5 2.2 2.1 0.7 -0.2 5.5

Consumer prices (avg, % y/y) -0.1 1.4 1.7 1.6 -0.1 1.9 8.8

Consumer prices (eop, % y/y) 0.5 1.7 1.4 1.8 -1.1 4.9 10.3

General budget balance (% of GDP) -1.9 -0.1 0.7 0.4 -7.8 -5.2 -3.1

Public debt (% of GDP) 78.5% 74.5 70.3 65.6 79.8 74.7 69.8

Current account balance (% of GDP) 4.8 6.2 6 6.1 7.7 4 -0.6

Official FX reserves (EUR bn) 0.231 0.294 0.329 0.384 0.507 0.646

Gross foreign debt (% of GDP) 101.6 97.3

Source: Thomson Reuters, RBI/Raiffeisen RESEARCH

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