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Brussels projects sharp slowdown for Slovenia in 2023

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(Photo: Marco Verch)

By: J.S., STA

The European Commission upgraded its forecast for Slovenia’s GDP growth from 3.7% to 5.4% for this year, but it expects growth to slow down sharply to just 1% in 2023 compared to its earlier projection of 3.1%.

Slovenia is expected to enjoy the second highest growth rate in the EU after Portugal this year based on a strong carry-on effect from last year. Next year the growth rate is expected to be among the third lowest in the EU behind Sweden and Italy, and even below the eurozone average of 1.4%.

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