Slovenia: Country and Foreign Investment
Economy and Currency
Slovenia benefits from an excellent infrastructure and a well-educated workforce, and is strategically located between the Balkans and Western Europe. However, there has been little privatisation since 2002, and the economy has one of the highest levels of state control in the EU.
Sectors include chemicals, textiles, food products, metal products and transportation equipment. Koper is an important trading port for both Slovenia and landlocked Central European countries – exports in 2011 totalled USD29.59bn, and imports USD31.05bn. Slovenia’s major trading partners are Austria, Croatia, France, Germany, Italy and Russia.
GDP per head in Slovenia is estimated at USD28,800 for 2011. GDP growth was recorded at a modest 0.6% in 2011, after growth of 1.2% in 2010. It fell in 2009 to around -7.8%, compared to 3.5% in 2008 and 6.8% in 2007. The unemployment rate in 2011 was around 11.8%.
The currency is the Euro (EUR); Slovenia was the first of the Central European countries to join the EU to adopt the Euro, on January 1, 2007.