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Slovenia Weekly

Firmly on the right course to economic development

02.03.2018

Photo: Mostphotos
Last year Slovenia posted its highest growth in the past decade. According to the statisticians’ initial estimates, Slovenia achieved five-percent economic growth in 2017, which ranks it amongst the leaders in the EU, and as high as second place in terms of economic dynamics. The last time Slovenia recorded growth this high was in the second quarter of 2008.

The economy overcame the crisis in the last quarter of 2013, and has experienced steady growth ever since. We will remember 2017 for being the year that we surpassed the pre-crisis level, in the middle of the year. The Slovenian economy thus completed its long period of recovery and entered a period of economic growth that will allow us to approach the level of more successful economies.

Prime Minister Miro Cerar expressed his satisfaction with the statistical data and noted that it is important to increase domestic consumption, which in his view indicates a further increase in trust in a certain stability that we have in our country, and this is a good sign going forward. The GDP growth figures show that we are firmly on the right course to economic growth and financial consolidation, added PM Cerar.


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