Slovenia’s economy will experience a steep recession in 2020. Considerable pressure will be exerted on the economy, due to the fallout from the economic and social pressures of containing the COVID-19 virus. There will be a dramatic effect on domestic demand as all non-essential businesses were temporarily closed in March. Exports will suffer from dwindling European demand. Real rates of growth will bounce back to 5.4% in 2021 and will steadily fall to around 2.0% per year in 2024-2027.
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Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.
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