The Central Bank of Slovenia published a macroeconomic update indicating that Slovenia’s economy continued to expand in the third quarter, with GDP rising 0.8% from the previous quarter and 1.7% year on year, outpacing the euro area’s 0.2% and 1.4% rates. Growth was supported by domestic demand, with year-on-year increases in both private and government consumption; household consumption rose 1.0% amid relatively strong real wage growth and low unemployment. Gross fixed capital formation increased 9.1% year on year, mainly reflecting greater momentum in public infrastructure projects and stronger construction activity. By contrast, export activity remained down year on year amid global uncertainty; net trade reduced GDP growth by 1.4 percentage points as imports rose 0.7%, partly linked to inventory accumulation, which contributed 0.6 percentage points to growth. Sectoral data pointed to a sharp acceleration in construction value added, continued growth in services, and a slight contraction in industry driven by lower energy-sector output. Despite improvement in the second and third quarters, the central bank assessed that available data for this year suggest weaker GDP growth than in the previous two years, and said the latest figures will feed into new projections due in the second half of December.
Central Bank of Slovenia 2025-11-14
Central Bank of Slovenia reports 0.8% quarter-on-quarter GDP growth in the third quarter led by investment and construction
The Central Bank of Slovenia reported that Slovenia's GDP grew by 0.8% quarter-on-quarter and 1.7% year-on-year in Q3, surpassing euro area growth rates. Despite strong domestic demand and increased public infrastructure investment, export activity declined, and the central bank anticipates weaker GDP growth for the year compared to the previous two years, with new projections expected in December.