




Historic Warnings per Commodity

Select specific Date

Background information

As a former Soviet country, Slovenia transformed remarkably from a centrally-planned to an open-market economy with nowadays one of the highest per capita GDP in the region. The tertiary sector is the most important sector, followed by construction and industry. Natural resources include lignite, lead, zinc, building stone and hydropower due to its vast river network. Slovenia inhabits as strategic location between Western Europe and the Balkans. Slovenia is a member of the EU and the Eurozone.

More than half of the mostly mountainous country is covered by forest. Roughly one-fifth of the total land area is used for agricultural purposes. Main crops include hops, wheat, coffee, corn, apples and pears. Livestock in form of cattle, sheep and poultry complete the agricultural mix. Agriculture contributes to 2.2% of GDP. Slightly less than one-tenth of the labor force is employed in this sector. To meet the nation’s demand for cereals, roughly one third of the total demand needs to be imported.

With a median age of 43.8 years, the rapidly ageing population is a burden for the economy. Slovenia has a well-educated work force, but labor productivity remains below the EU average. Roughly one in ten is unemployed. In terms of income equality, Slovenia ranks among the most equal ones with a Gini coefficient of 23.7. Slovenia ranks 25 out of 188 countries in the HDI (2014) with a value of 0.88.