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Sunday, July 14, 2024

Brussels upgrades Slovenia’s GDP growth forecast to 6.4%

By: J.S., STA

The European Commissions projected in its autumn economic forecast that Slovenia’s GDP will expand by 6.4% in 2021, a 0.7-point upgrade from its July forecast. In 2022, the country’s GDP is to grow at 4.2%, a downgrade of 0.8 points.

The 6.4% figure for this year is considerably higher than the 5% average forecast for the EU and eurozone. The forecast for next year is meanwhile closer to the EU and eurozone average of 4.3%. For 2023, the Commission forecasts that Slovenia’s GDP will expand at 3.5%, which is 1.1 points above the eurozone forecast. On the other hand, the Commission warns about inflation in Slovenia.


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