Macro - Country Economic Forecasts - Slovenia

Macro - Country Economic Forecasts - Slovenia

We now forecast Slovenia’s GDP growth at 6.3% this year, up from 3.7% previously thanks to a stellar performance at end-2021. GDP rose 5.4% q/q in Q4, the second highest on record, driven by government consumption and net trade, leaving the economy 6.6% larger than prior to the pandemic. But we expect growth to slow in the near term, with inflation peaking higher and staying elevated for longer, due to Russia's invasion of Ukraine.

Slovenia: Growth seen over 6% this year after strong end to 2021
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Economic development
Structure of the economy
Balance of payments
Policy and politics

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