Slovenia’s economy experienced growth of 2.1% annually in the fourth quarter of 2024, according to data released by the statistics office, SURS, on May 15. This growth rate was higher than the previous quarter and seasonally adjusted data showed a year-on-year increase of 1.8%, while quarter-on-quarter comparisons revealed a stable GDP.
In the first quarter of the year, domestic expenditure increased by 1.7%, marking the highest rise in six quarters. Final consumption expenditure saw a 2.0% increase, slightly lower than the previous quarter. Fixed capital formation also improved with a 0.9% increase, ending a trend of declining growth in the previous four quarters, with positive contributions from inventory changes.
However, gross fixed capital formation experienced a notable slowdown, growing by 0.6%. This was significantly lower than the growth rates observed in 2023, ranging between 7.7% and 11.2%. Household consumption expenditure witnessed a modest 0.9% increase and external trade showed mixed results compared to the same period in
