Slovenia Ended 2025 With Solid Economic Growth

Final quarter boosted GDP as domestic consumption and investment drive expansion

Slovenia’s economy grew by 1.1% in real terms in 2025, with seasonally-adjusted GDP rising 0.9% for the year and a stronger 1.6% in the final quarter, according to preliminary estimates from the national Statistical Office. The growth was largely driven by domestic consumption, which increased by 2.6%, and investment activity, particularly in non-residential construction, which surged by 13.5%. Household spending rose 1.7%, while government expenditure increased by 1.6%.

Gross capital formation also contributed positively, up 5.5% overall, with gross fixed capital formation growing 4.1%. However, external trade weighed on the economy, as exports rose only 0.3% while imports increased 2.1%, reducing overall growth by 1.3 percentage points.

Employment saw a slight decline of 0.4%, with the largest job losses in manufacturing (1.8%) and construction (2.4%).

The final quarter of 2025 showed stronger performance, with private consumption up 3.0% and government spending rising 3.8%, led by services. Investment rebounded sharply, with gross fixed capital formation up 12%, including a 17.3% rise in buildings and structures and an 8.3% increase in machinery and equipment after previous declines. While exports grew modestly by 0.5%, imports expanded by 4.8%, reflecting continued demand and market activity.

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