INVESTMENTS IN SLOVENIA
Slovenia, which is the only country of the former Yugoslavian republics member of the EU is an important partner of Greece in the EU and N.A.T.O., as well as in the area of regional cooperation.
Slovenia is the first of the new EU member states which uses the euro as their currency from 01/01/2007 and is considered as a model of economic success and stability for the region.
The country has excellent infrastructures, a well-educated workforce and a strategic location between the Balkans and Western Europe.
The economy presents one of the highest levels of state control in the European Union.
The structural reforms for improving the business environment, have allowed the foreign participation in the Slovenian economy, and have helped to reduce the unemployment.
Despite its economic success, foreign direct investments in Slovenia are below the average for the region, as the taxes remain relatively higher. Moreover, the labor market is often considered inelastic.
In 2009, the global recession caused the decline in exports and industrial output by more than 7% and the increase in unemployment above 9%.
The external debt amounts to $ 14,73 billion, while being only 23,9% of GDP, is one of the lowest in the Balkans and the EU.
|
SLOVENIA |
2014 |
|
G.D.P. in purchasing power terms (billion $) |
$61,56 |
|
G.D.P. in nominal values (billion $) |
$49,57 |
|
G.D.P. growth in 2014 |
3% |
|
Per capita G.D.P. in purchasing power terms |
$29.900 |
|
Investments in fixed assets as % of the G.D.P. |
19,70% |
|
Inflation rate |
0,20% |
|
Total borrowing of the economic units (bil. $) |
$31,08 |
|
Exports (bil. $) |
$30,55 |
|
Imports (bil. $) |
$28,94 |
|
Total Foreign Direct Investments (bil. $) |
$14,73 |
|
Work Force |
917.900 |
|
Unemployment rate |
13,10% |
|
% of people under the poverty threshold |
13,50% |
|
Energy production (bil.) |
14,81 kWh |
|
Energy consumption (bil.) |
13,02 kWh |
|
State budget incomes (bil. $) |
$20,59 |
|
State budget expenditures (bil. $) |
$22,26 |
|
State budget deficit as a % of the G.D.P. |
-3,40% |
|
Tax incomes as a % of the GDP |
41,50% |
|
Public Debt as a % of the GDP |
60,90% |
|
Foreign Dept (bil $) |
$14,73 |
|
Lending interest rate of commercial banks |
5,02% |
|
Corporate tax rate |
17% |
|
Highest income tax rate |
50% |
|
Highest VAT rate |
22% |
|
Market value of publicly traded shares (bil.$) |
$6,87 |
|
Insurance Contributions for employee |
22,10% |
|
Insurance Contributions for employer |
16,10% |
The most attractive sectors for foreign direct investment are the food, beverage, chemical and pharmaceutical industry, plastic products, metal products, machinery and vehicles.
This country also does not have active Greek-owned banks.
INVESTMENTS IN BALKAN AREA
NEWS & CONTACT
Do you know that...
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FYROM’s foreign debt amounted to nearly EUR 1.8 billion or 23.5 percent of GDP at the end of the second quarter of 2011. The private sector debt reached EUR 2.9 million or 38 percent of GDP.
