• Street food festival in Ljubljana

Macroeconomic Overview

Value Added in Slovenia

Structure of gross value added, 2017 (as a % of total economy), international comparison

Source: Eurostat, 2019

In 2018, the value added growth remained relatively strong, despite more moderate growth in exportoriented sectors. In 2018 value added rose across all sectors, but its growth was mostly lower than in 2017 (overall 4.5%; 2017: 5.2%). The slowdown of overall value added growth was largely a consequence of lower growth in the majority of more export-oriented activities (manufacturing and some professional consultancy services) and in activities that are strongly connected with external trade in goods (transportation and storage).

The growth of value added will ease further in 2019– 2021, most notably this year. Under the impact of the projected stronger growth in private consumption, this year value added growth is expected to strengthen in accommodation and food service activities and services related to leisure time. Value added in construction will continue to increase at a high, though no longer two-digit, rate. Further growth will be recorded in the construction. 

Value added by activities; real growth rates in % (2019 forecast) 

Source: IMAD - Autumn forecast of economic trends 2018

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