Macroeconomic Overview

The core focus of Slovenia’s government is to continue building a modern and efficient economy by supporting innovation, increasing FDI inflows, raising export levels and driving up productivity. As a company’s production network expands, there are new destinations of investment to help extend its geographical reach and a structured, facts-based approach to pick the best available location for the optimisation of its product value chain. Investor weighing a country’s operating conditions and their impact on performance metrics such as lead times, total cost of ownership and the financial bottom line, will agree the skills of the local workforce make a major contribution to productivity and economic success.

 

With the challenging economic prospects over the next couple of years, Slovenia will continue to focus its resources where businesses and the economy as a whole should benefit most. Bundled with the measures aimed at meeting the commitments of the Euro Plus Pact designed to increase competitiveness, promote employment and have a positive effect on fiscal sustainability and stability, there are numerous government-sponsored programmes to improve the skills of employees, boost the capability of local suppliers and enhance Slovenia’s proposition to inward investors.

 

 


Macro-Stability of Slovene Economy

 

According to Maastricht's criteria key elements in a macro-stability package are low inflation together with maintained price stability and a commitment to low budget deficit. Macro-stability cannot be divorced from unemployment as well. Consequently macro-stability is an effective means of achieving sustained economic growth. According to the statistics, Slovenia's main advantages in comparison to European Union are economic growth and investments in R&D, meanwhile the main disadvantage is account deficit as a per cent of GDP.

Macro-Stability of Slovene Economy
Source: Eurostat, 2016

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