The Bank of Slovenia reported that the economy grew by 1.8 percent in the second quarter and 5.0 percent year on year, significantly exceeding expectations after two years of slowing growth. Domestic consumption and investment remained the main drivers, while stronger exports supported manufacturing. Private consumption rose 3.4 percent year on year, gross fixed capital formation increased 13.2 percent and government consumption grew 5.2 percent. Net trade reduced GDP growth by 0.5 percentage points because domestic demand remained stronger than foreign demand. The outlook for the rest of the year remains uncertain because of international tensions, the effects of the war in the Middle East and the potential economic impact of drought conditions in Europe.
Central Bank of Slovenia2026-08-14
Bank of Slovenia reports stronger than expected second-quarter growth of 1.8 percent
The Bank of Slovenia reported second-quarter economic growth of 1.8 percent and annual growth of 5.0 percent, significantly above expectations. Domestic demand and investment led the expansion, while geopolitical tensions and drought conditions pose risks for the remainder of the year.