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Thursday, February 2, 2023

Western Slovenia’s GDP Per Capita 105% EU Average, Eastern Only 72%

Slovenia’s per capita gross domestic product (GDP) in purchasing power standards reached 87% of the EU average in 2018, which is up two percentage points compared to 2017. GDP per capita is a key criterion for eligibility for EU structural funds.

The Western Slovenia region exceeded the EU average by 5%, while Eastern Slovenia was at 72%, fresh Eurostat data show. This means the country may see an even bigger drop in the amount of cohesion funds it will have available in the bloc’s 2021-2027 financial framework.

Having recorded solid economic growth since 2014, Slovenia saw its economy expand by almost 5% in 2017. In 2018 and 2019 growth slowed but was still significantly above the EU average.

The country’s performance in GDP per capita relative to the EU average thus improved by two percentage points each in 2016, 2017 and 2018.

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