Slovenia Economy

Slovenia is a prosperous country of southern Europe with a total population of 2,011,070 as on July 2005 est. Slovenia has a strong economy and productive work force. In 2006, GDP growth rate reached to 4%.Slovenia also maintains a consistent credit rating of all transition economies.
The per capita income of Slovenia is 86% of the EU(European Union) average.

Slovenia Economy
The economy of Slovenia is largely dependent on foreign trade, which contributes the major portion of the overall GDP growth of the country. Major trading partners of Slovenia are Germany, Austria, Italy, and France.

During 2001-2003, Slovenia experienced 3% GDP growth rate, which reached 4% in 2006.

GDP(Gross Domestic Product) – real growth rate was 3.9%.

GDP(composition by sector):
Agriculture: 3%, industry: 36%, and services: 60%
Labor force: 870,000
Major agricultural products of Slovenia include potatoes, sugar beets, wheat, corn, grapes, cattle, sheep, poultry

Slovenia industries are primarily dependent on minerals, electronics, electric power equipments, textile, chemicals, machine tools.

Major minerals include lead, zinc, ferrous, aluminum etc.

Major exports include manufactured goods, machinery, transport equipment, and chemicals and major exporting partners include Germany, Italy, Austria, Bosnia, Croatia, France, Herzegovina etc.

Slovenian imports are primarily based on chemicals, fuels, lubricants and food.

Currency: Currency of Slovenia is Euro (EUR).

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Last Updated on : 25th June 2013