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Slovenia Set to Surpass Italy in Purchasing Power by 2029

Slovenia is on track to surpass Italy in purchasing power by 2029, according to the latest IMF projections

According to the latest forecasts by the International Monetary Fund (IMF), Slovenia is poised to overtake Italy in terms of purchasing power by the end of this decade. The projections suggest that Slovenia’s GDP per capita growth rates will enable it to not only surpass Italy, but also closely approach the economic standings of the UK and France.

The IMF’s optimism is rooted in Slovenia’s consistent economic growth, which outstrips that of Greece, Portugal, and Spain. With a real GDP growth of 2% this year, the IMF anticipates a further acceleration to 2.5% in 2025, followed by an estimated 2.7% in subsequent years.

Despite these promising figures, Slovenia will continue to trail behind Austria, Germany, and the majority of Northern and Northwestern European EU members. Nevertheless, Slovenia’s projected growth rates suggest a significant reshaping of economic standings within Southern and Western Europe over the coming years.

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