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Slovenia's economy ranking: GDP & GDP per capita, debt

Updated on by Georank team

Slovenia ranked 86/197 by economy size with a GDP of $72.5B and 33/197 by GDP per capita at $34,089. Slovenia has $48.6B in government debt, with a debt-to-GDP ratio of 68%.

In 2025, Slovenia made up 0.07% of the world's economy, compared to 0.09% in 1990.

The chart below shows GDP in nominal terms, GDP adjusted for inflation (in constant dollars), and a bar chart of year-over-year inflation-adjusted growth.

GDP, current $
GDP, constant 2015 $
GDP growth
Year GDP GDP growth
Current $ Constant $
1990 $19,832,029,087 $27,206,132,648 -
1991 $14,454,495,059 $24,784,757,479 -27.1%
1992 $14,277,261,541 $23,430,593,235 -1.23%
1993 $14,449,298,372 $24,096,823,248 1.2%
1994 $16,400,767,070 $25,380,578,071 13.5%
1995 $21,367,422,159 $26,422,998,604 30.3%
1996 $21,470,699,363 $27,192,863,782 0.48%
1997 $20,726,878,752 $28,599,098,755 -3.46%
1998 $22,058,635,314 $29,475,325,366 6.43%
1999 $22,609,669,084 $31,028,087,571 2.5%
2000 $20,159,190,702 $32,113,425,072 -10.8%
2001 $20,668,868,707 $33,021,812,644 2.53%
2002 $23,214,593,516 $34,105,781,288 12.3%
2003 $29,360,575,032 $35,195,471,632 26.5%
2004 $34,156,553,313 $36,795,465,565 16.3%
2005 $35,947,936,824 $38,213,609,800 5.24%
2006 $39,260,368,837 $40,471,568,430 9.21%
2007 $47,880,266,543 $43,360,927,308 22%
2008 $55,509,332,322 $44,823,161,262 15.9%
2009 $49,975,540,955 $41,420,820,596 -9.97%
2010 $47,793,117,241 $41,881,476,947 -4.37%
2011 $51,199,194,599 $42,155,984,116 7.13%
2012 $46,167,053,954 $40,926,910,456 -9.83%
2013 $47,867,056,859 $40,589,764,219 3.68%
2014 $49,514,466,380 $41,711,191,731 3.44%
2015 $42,709,468,275 $42,709,468,275 -13.7%
2016 $44,290,685,824 $44,005,450,730 3.7%
2017 $48,153,200,135 $46,282,469,721 8.72%
2018 $53,689,067,640 $48,309,217,703 11.5%
2019 $53,909,922,736 $50,002,578,163 0.41%
2020 $53,384,760,135 $47,959,972,370 -0.97%
2021 $61,529,280,461 $51,983,646,951 15.3%
2022 $59,927,702,746 $53,386,809,690 -2.6%
2023 $69,148,468,417 $54,514,654,619 15.4%
2024 $72,485,008,929 $55,381,990,841 4.83%

Economic Statistics of Slovenia

Slovenia Rank
Gross domestic product
$72.5B
2024
86/197
GDP growth
4.83%
2023-2024
113/196
GDP per capita
$34,089
2024
33/197
GDP per capita, PPP
$56,531
2024
35/197
Government debt
$48.6B
2024
76/185
Debt-to-GDP ratio
68%
2025
61/185
Government debt per person
$22,853
2024
29/185
Average annual personal income after taxes
$21,364
2025
42/197
Listed domestic companies
18
2024
91/103
Market capitalization of domestic companies
$11.4B
2024
65/100
Income share by richest 10%
20.6%
2023
167/169
Income share by poorest 10%
4.1%
2023
10/169
Government expenditure, % of GDP
47.5%
2025
29/195
Consumer prices inflation
1.97%
2023-2024
145/195
Unemployment rate
3.7%
2024
130/196
Population
2124696
147/197

Slovenia's GDP per capita

Slovenia has a GDP per capita of $34,089, ranking 33/197, a GDP per capita based on purchasing power parity (PPP) of $56,531, ranking 35/197, and a median annual after tax income of $21,364, ranking 42/197.

GDP per capita
GDP per capita, PPP
Year Current $
GDP per capita GDP per capita, PPP
1990 $9,925 $13,482
1991 $7,229 $12,689
1992 $7,151 $12,287
1993 $7,255 $12,967
1994 $8,244 $13,966
1995 $10,738 $13,628
1996 $10,797 $14,279
1997 $10,437 $15,253
1998 $11,132 $15,992
1999 $11,401 $17,007
2000 $10,136 $17,888
2001 $10,376 $18,765
2002 $11,639 $20,004
2003 $14,712 $20,918
2004 $17,104 $22,591
2005 $17,970 $23,682
2006 $19,563 $25,577
2007 $23,725 $27,469
2008 $27,462 $29,461
2009 $24,502 $27,214
2010 $23,330 $27,582
2011 $24,941 $28,716
2012 $22,442 $28,787
2013 $23,237 $29,634
2014 $24,013 $30,572
2015 $20,697 $31,345
2016 $21,448 $33,575
2017 $23,303 $36,180
2018 $25,888 $38,620
2019 $25,814 $42,373
2020 $25,392 $41,767
2021 $29,187 $45,914
2022 $28,374 $51,079
2023 $32,610 $53,952
2024 $34,089 $56,531

Slovenia's government spending, deficit, and chart

This chart shows Slovenia's government spending, budget balance, and debt over time, each expressed as a share of GDP.

Over the past 31 years, Slovenia recorded a fiscal deficit in 28 years — average annual deficit equal to -3.2% of GDP. In 2024, government spending reached $33.9B (47.5% of GDP), with a deficit of -2.46%.

The national debt reached $48.6B, ranking 76th out of 185 countries by total size, with a debt-to-GDP ratio of 68%, ranking 61st.

Government spending
Government debt
Deficit/surplus
Year % of GDP
Government spending Government debt Government deficit/surplus
1995 53% 18.2% -8.19%
1996 45.2% 21.6% -1.16%
1997 45.4% 22.1% -2.37%
1998 46.4% 22.8% -2.39%
1999 47.2% 23.8% -3.04%
2000 47.8% 26.1% -3.77%
2001 49.2% 26.3% -4.58%
2002 47.8% 27.7% -2.47%
2003 47.6% 27% -2.66%
2004 46.9% 27.1% -1.98%
2005 46.7% 26.6% -1.38%
2006 45.7% 26.2% -1.26%
2007 43.5% 22.9% -0.08%
2008 45.2% 21.9% -1.44%
2009 50% 34.9% -5.87%
2010 50.7% 38.6% -5.56%
2011 51.4% 46.8% -6.69%
2012 50% 54.1% -4.2%
2013 57.7% 70.8% -11.2%
2014 50.6% 81.1% -4.53%
2015 49.5% 83.4% -2.84%
2016 46.9% 79.4% -2%
2017 44.6% 74.9% 0.05%
2018 44.1% 71% 0.9%
2019 43.8% 66% 0.68%
2020 51.8% 80.2% -7.68%
2021 49.9% 74.8% -4.61%
2022 47.7% 72.7% -3.01%
2023 46.5% 68.4% -2.57%
2024 46.8% 67% -0.89%
2025 47.5% 68% -2.46%

Inflation rate by year

Over the past 20 years, Slovenia has had an average annual inflation rate of 2.38%. In 2024, inflation was 1.97%. The bar chart below shows consumer price inflation by year.

Year Inflation
1981 42.6%
1982 30.1%
1983 40.2%
1984 53.7%
1985 79.4%
1986 95.9%
1987 132.1%
1988 198.8%
1989 1,281%
1990 552%
1991 114.8%
1992 209.9%
1993 31.8%
1994 21%
1995 13.5%
1996 9.86%
1997 8.36%
1998 7.89%
1999 6.16%
2000 8.91%
2001 8.38%
2002 7.48%
2003 5.54%
2004 3.59%
2005 2.45%
2006 2.46%
2007 3.66%
2008 5.65%
2009 0.84%
2010 1.8%
2011 1.8%
2012 2.6%
2013 1.77%
2014 0.2%
2015 -0.53%
2016 -0.05%
2017 1.43%
2018 1.74%
2019 1.63%
2020 -0.05%
2021 1.92%
2022 8.83%
2023 7.45%
2024 1.97%

Balance of trade

Slovenia Rank
Current account balance
$3.23B
2024
38/189
Current account balance, % of GDP
+4.46%
2024
36/189
Goods imports
$45B
2024
56/188
Goods exports
$45.6B
2024
55/188
Service imports
$9.59B
2024
69/188
Service exports
$13.5B
2024
61/188
Imports of goods and services, % of GDP
74.9%
2024
24/180
Exports of goods and services, % of GDP
81.5%
2024
15/193

Slovenia's top 10 trading partners

Slovenia's biggest trading partner accounting for 27.3%% of all exports and imports is Switzerland, with a trade balance between the two of +$4.64B — Slovenia exports $22.7B worth of goods and services to Switzerland and imports $18.1B.

Below is the list of the top 10 trade partners of Slovenia.

Rank Country Trade value Share of total trade Export to Import from Top export to Top import from
1 Switzerland $40.8B 27.3% $22.7B $18.1B Chemicals & pharma Chemicals & pharma
2 Germany $16B 10.7% $8.46B $7.49B Machinery & equipment Machinery & equipment
3 Italy $12.1B 8.09% $5.91B $6.2B Machinery & equipment Machinery & equipment
4 China $9.47B 6.33% $303M $9.17B Machinery & equipment Chemicals & pharma
5 Croatia $8.42B 5.63% $5.54B $2.89B Machinery & equipment Transport & tourism services
6 Austria $7.58B 5.06% $3.65B $3.93B Machinery & equipment Raw materials & minerals
7 India $6.74B 4.5% $142M $6.6B Chemicals & pharma Chemicals & pharma
8 France $3.73B 2.49% $2.18B $1.55B Machinery & equipment Machinery & equipment
9 United States $3.2B 2.14% $1.06B $2.14B Machinery & equipment Chemicals & pharma
10 Poland $3.05B 2.04% $1.64B $1.41B Machinery & equipment Machinery & equipment

Slovenia's top 10 exports

Slovenia Rank
Chemicals & pharma $31.3B 21/193
Machinery & equipment $17.3B 42/193
Raw materials & minerals $4.87B 74/193
Metals $4.73B 49/192
Transport & tourism services $3.5B 83/188
Textiles & consumer goods $3.39B 46/193
Wood & paper products $2.16B 38/192
Processed food, beverages & tobacco $1.47B 66/192
Business & finance services $886M 79/188
Animal & marine products $645M 67/192

Slovenia's top 10 imports

Slovenia Rank
Chemicals & pharma $37.4B 20/193
Machinery & equipment $15.6B 57/193
Raw materials & minerals $6.84B 63/193
Metals $5.22B 48/193
Textiles & consumer goods $3.6B 58/193
Processed food, beverages & tobacco $2.3B 68/193
Transport & tourism services $2.03B 99/188
Wood & paper products $1.63B 46/193
Business & finance services $991M 90/188
Raw agricultural goods $962M 86/193

Economic freedom indices

Slovenia Rank
Economic freedom 68.3 49/197
Property rights 88.4 26/182
Government integrity 64.4 26/182
Judicial effectiveness 91.8 26/182
Tax burden 56.6 173/181
Government spending 30.9 164/180
Fiscal health 72.2 89/181
Business freedom 78.5 39/182
Labor freedom 64.5 36/182
Monetary freedom 72.9 68/180
Trade freedom 79.6 54/181
Investment freedom 70 41/181
Financial freedom 50 98/181

Slovenia's economic freedom by year

Slovenia is ranked 43/180 for economic freedom with a score of 68.3, compared to 72/163 and a score of 59.6 in 2005.

Economic freedom
Judicial effectiveness
Tax burden
Government spending
Fiscal health
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
1996 50.4 - 69.3 34.6 -
1997 55.6 - 51.4 36.2 -
1998 60.7 - 51.8 37.3 -
1999 61.3 - 52.4 39.5 -
2000 58.3 - 52.9 36.5 -
2001 61.8 - 52.8 47.1 -
2002 57.8 - 51.8 41.9 -
2003 57.7 - 53.1 40.6 -
2004 59.2 - 54.4 40.6 -
2005 59.6 - 55.6 45.3 -
2006 61.9 - 64 44.3 -
2007 59.6 - 54.6 30.9 -
2008 60.2 - 62.4 33.2 -
2009 62.9 - 62.9 38.4 -
2010 64.7 - 64 46.1 -
2011 64.6 - 65.1 41.1 -
2012 62.9 - 64.8 27.9 -
2013 61.7 - 65.7 22.3 -
2014 62.7 - 58.9 22.6 -
2015 60.3 - 58.1 0 -
2016 60.6 - 58.6 0 -
2017 59.2 55.1 58.7 28.6 6.1
2018 64.8 57.7 58.7 31.2 66.3
2019 65.5 46.5 58.4 38.3 82.6
2020 67.8 48.6 59.2 42.9 90.3
2021 68.3 56.3 58.2 42.5 91.1
2022 70.5 91.6 57.2 36.4 77.4
2023 68.5 64.6 62.6 31.5 60.4
2024 65.9 91.9 57.4 27.1 47.4
2025 68.3 91.8 56.6 30.9 72.2

More economic indicators

Slovenia Rank
Services, % of GDP
58.2%
2024
88/191
Industry, % of GDP
28.8%
2024
65/194
Agriculture, forestry, and fishing, % of GDP
1.49%
2024
160/193
GNI, Atlas method
$67.3B
2024
85/194
GNI per capita, PPP
$55,870
2024
30/191
Total reserves including gold
$2.83B
2024
118/177
Net foreign direct investment
-$551M
2024
101/188
Net inflows of foreign direct investment
$1.95B
2024
69/193
Net outflows of foreign direct investment
$1.4B
2024
46/187
Poverty at national poverty lines
12.7%
2022
142/176
Gross capital formation, % of GDP
21.2%
2024
111/176

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GDP per capita map

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.