Slovenia - Pato la Taifa mwaka Kiwango cha Ukuaji

Slovenia’s gross domestic product expanded 2.5 percent year-on-year in the second quarter of 2019, easing from an upwardly revised 3.3 percent advance in the previous period. It was the weakest growth rate since the three months to September of 2015. Both gross fixed capital formation (6.9 percent vs 10 percent in Q1) and government expenditure (1 percent vs 3.9 percent) slowed while net foreign demand contributed negatively to growth, as exports climbed 9.4 percent (vs 7.9 percent in Q1) but imports jumped at a faster 12.3 percent (vs 7.7 percent in Q1). On the other hand, household consumption advanced further (3.4 percent vs 2.3 percent). On a seasonally adjusted quarterly basis, the economy advanced 0.2 percent, below a downwardly revised 0.6 percent expansion in Q1.

Slovenia’s gross domestic product advanced 3.2 percent year-on-year in the first quarter of 2019, easing from a 4.1 percent expansion in the previous period. It was the weakest growth rate since last quarter of 2016, as domestic expenditure slowed to the lowest level in the last three years (1.8 percent vs 3.7 percent in Q4) while the gross fixed capital formation fell (-1.3 percent vs 10.0 percent). On the other hand, both household (2.6 percent vs 2.1 percent) and government expenditure (3.6 percent vs 1.5 percent) advanced faster while net trade contributed positively to growth, as exports went up 7.6 percent (from 6.8 percent in Q4) and imports rose at a softer 6.4 percent (from 6.6 percent in Q4). On a quarterly basis, the economy expanded 0.8 percent, accelerating from a downwardly revised 0.7 percent rise in the fourth quarter of 2018.

Slovenia’s gross domestic product advanced 4.1 percent year-on-year in the fourth quarter of 2018, following an upwardly revised 5 percent expansion in the previous period. Government expenditure (1.5 percent from 2.6 percent in Q3) and gross fixed capital formation (8.2 percent from 13.8 percent) slowed. On the other hand, household consumption (2.1 percent from 1.2 percent) advanced faster. Meanwhile, net trade contributed positively to growth, as exports climbed 6.8 percent (from 5.4 percent in Q3) while imports increased 6.6 percent (from 5.5 percent in Q3). On a quarterly basis, the economy expanded 0.8 percent, easing from a 1.3 percent gain in the third quarter. Considering 2018, GDP grew by 4.5 percent, below a 4.9 percent in 2017.