The Slovenian economy expanded 2.6 percent year-on-year in the fourth quarter of 2016, compared to a downwardly revised 2.5 percent growth in the previous period. The growth was driven by household spending (4.1 percent from 2.1 percent in Q3); government expenditure (2.8 percent from 1.7 percent) and gross fixed capital formation (0.9 percent from -2.5 percent). The net trade contributed negatively (-0.8 percent), as exports rose 4.6 percent (5.6 percent in Q3) while imports increased at a faster 6.3 percent (5 percent in Q3). Quarter-on-quarter, the GDP advanced 1.2 percent. In 2016, the economy expanded 2.5 percent, following 2.3 percent in 2015. GDP Annual Growth Rate in Slovenia averaged 2.55 percent from 1997 until 2016, reaching an all time high of 7.70 percent in the third quarter of 2007 and a record low of -9.40 percent in the second quarter of 2009.
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On the expenditure side, household expenditure is the main component of Slovenia’s GDP and accounts for 53 percent of its total use, followed by gross fixed capital formation (20 percent) and government consumption (19 percent). Exports of goods and services account for 77 percent of GDP while imports account for 69 percent, adding 8 percent of total GDP.
. This page provides – Slovenia GDP Annual Growth Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovenia GDP Annual Growth Rate – actual data, historical chart and calendar of releases – was last updated on March of 2017.