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Gross domestic product, other aggregates of national accounts and employment, 2025
1.5% economic growth in 2025
After revision of annual estimates, Slovenia’s gross domestic product for 2025 was estimated at EUR 71,171 million. Compared to the previous year, it grew by 5.5% in nominal terms and by 1.5% in volume terms. The data for the three preceding years were routinely revised.
- 31 August 2026 at 10:30
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- Jure Lasnibat
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Moderate economic growth
Slovenia’s gross domestic product for 2025 was estimated at EUR 71,171 million based on annual data sources. This was a 5.5% nominal increase over the previous year, whereas in volume terms the 2025 GDP grew by 1.5%. Economic growth continued to slow down in 2025 after it was 2.6% in 2023 and 2.0% in 2024.
GDP volume growth based on annual data sources is 0.5 of a percentage point higher than the quarterly estimate published on 16 February 2026.
Output increased in real terms by 1.0% and intermediate consumption by 0.5%.
The largest contributions to GDP growth in 2025 came from information and communication activities, financial and insurance activities, and construction; each of these three sections contributed 0.3 of a percentage point. The next three sections, each contributing 0.2 p.p., were human health and social work activities (of which the majority in social work activities, which are three times smaller than human health activities in terms of value added), real estate activities, and professional, scientific and technical activities.
The largest negative contribution to GDP growth came from manufacturing (−0.3 p.p.). The next three sections, each contributing −0.1 p.p., were electricity, gas, steam and air conditioning supply, water supply, sewerage, waste management and remediation activities, and wholesale and retail trade and repair of motor vehicles.
Growth of final consumption and capital formation, imports grew more than exports
Household final consumption expenditure grew in real terms by 2.4%. Expenditure on all product groups in the domestic market contributed to this; the most in durable goods (5.8% growth), followed by semi-durables (3.1%), non-durables (2.7%) and services (2.1%).
Final consumption of general government grew in real terms by 3.2%. Expenditure for individual services increased by 3.4% and for collective services by 2.7%.
Gross fixed capital formation grew in real terms by 5.3%; in buildings and structures by 6.2%, in machinery and equipment by 5.2%, and in intellectual property products by 3.8%.
Inventories increased more than in the previous year. Changes in inventories had a 0.9% share in GDP (0.4 p.p. more than in 2024), mostly in work in progress and in goods for resale.
External trade balance was still positive, at EUR 3,874 million at current prices, but imports of goods and services again increased more than exports. Exports grew in volume by 0.2% (exports of goods decreased by 0.7%, while exports of services increased by 3.2%) and imports grew in volume by 2.8% (imports of goods by 3.1% and of services by 1.2%). Terms of trade improved again; export prices increased more (1.4%) than import prices (0.1%).
Larger share of compensation of employees, smaller share of net operating surplus and mixed income, and of taxes
The share of compensation of employees in GDP was 52.0%, which was 0.6 of a percentage point more than in the previous year. The share of taxes on production was 12.8% (0.2 p.p. less). The share of subsidies was 1.5% (0.1 p.p. more). The share of consumption of fixed capital was 18.0% (0.2 p.p. less). The share of net operating surplus and mixed income was 18.7% (0.1 p.p. less than in the previous year).
Employment slightly lower after a long period of growth
The number of employees decreased by 0.5%, while the number of self-employed persons increased by 1.7%. Total employment decreased by about a thousand persons or 0.1% and was estimated at the annual average of 1,102,000 persons. Employees represented 79.5% and the self-employed 20.5%.
The largest negative impact on total employment came from manufacturing (about 4,000 fewer persons or −0.4 of a percentage point contribution to the change in total employment). The largest positive impact came from human health and social work activities (about 2,000 persons more or 0.2 p.p. contribution to the change in total employment).
Tables with the latest data are available in the SiStat Database.
Slovenia’s gross domestic product for 2025 was estimated at EUR 71,171 million based on annual data sources. This was a 5.5% nominal increase over the previous year, whereas in volume terms the 2025 GDP grew by 1.5%. Economic growth continued to slow down in 2025 after it was 2.6% in 2023 and 2.0% in 2024.
GDP volume growth based on annual data sources is 0.5 of a percentage point higher than the quarterly estimate published on 16 February 2026.
Output increased in real terms by 1.0% and intermediate consumption by 0.5%.
The largest contributions to GDP growth in 2025 came from information and communication activities, financial and insurance activities, and construction; each of these three sections contributed 0.3 of a percentage point. The next three sections, each contributing 0.2 p.p., were human health and social work activities (of which the majority in social work activities, which are three times smaller than human health activities in terms of value added), real estate activities, and professional, scientific and technical activities.
The largest negative contribution to GDP growth came from manufacturing (−0.3 p.p.). The next three sections, each contributing −0.1 p.p., were electricity, gas, steam and air conditioning supply, water supply, sewerage, waste management and remediation activities, and wholesale and retail trade and repair of motor vehicles.
Growth of final consumption and capital formation, imports grew more than exports
Household final consumption expenditure grew in real terms by 2.4%. Expenditure on all product groups in the domestic market contributed to this; the most in durable goods (5.8% growth), followed by semi-durables (3.1%), non-durables (2.7%) and services (2.1%).
Final consumption of general government grew in real terms by 3.2%. Expenditure for individual services increased by 3.4% and for collective services by 2.7%.
Gross fixed capital formation grew in real terms by 5.3%; in buildings and structures by 6.2%, in machinery and equipment by 5.2%, and in intellectual property products by 3.8%.
Inventories increased more than in the previous year. Changes in inventories had a 0.9% share in GDP (0.4 p.p. more than in 2024), mostly in work in progress and in goods for resale.
External trade balance was still positive, at EUR 3,874 million at current prices, but imports of goods and services again increased more than exports. Exports grew in volume by 0.2% (exports of goods decreased by 0.7%, while exports of services increased by 3.2%) and imports grew in volume by 2.8% (imports of goods by 3.1% and of services by 1.2%). Terms of trade improved again; export prices increased more (1.4%) than import prices (0.1%).
Larger share of compensation of employees, smaller share of net operating surplus and mixed income, and of taxes
The share of compensation of employees in GDP was 52.0%, which was 0.6 of a percentage point more than in the previous year. The share of taxes on production was 12.8% (0.2 p.p. less). The share of subsidies was 1.5% (0.1 p.p. more). The share of consumption of fixed capital was 18.0% (0.2 p.p. less). The share of net operating surplus and mixed income was 18.7% (0.1 p.p. less than in the previous year).
Employment slightly lower after a long period of growth
The number of employees decreased by 0.5%, while the number of self-employed persons increased by 1.7%. Total employment decreased by about a thousand persons or 0.1% and was estimated at the annual average of 1,102,000 persons. Employees represented 79.5% and the self-employed 20.5%.
The largest negative impact on total employment came from manufacturing (about 4,000 fewer persons or −0.4 of a percentage point contribution to the change in total employment). The largest positive impact came from human health and social work activities (about 2,000 persons more or 0.2 p.p. contribution to the change in total employment).
Tables with the latest data are available in the SiStat Database.
Gross domestic product, 2022–2025, Slovenia
2022 2023 2024 2025
GDP at current prices, mio. EUR 56,901 64,119 67,478 71,171
GDP volume change, % 2.6 2.6 2.0 1.5
GDP per capita, EUR 26,975 30,237 31,726 33,380
Employment, thousand persons 1,082 1,098 1,103 1,102
Value added by production activity and GDP, Slovenia, 2025
At market prices Share of GDP Change in volume Contribution to GDP growth
mio. EUR % percentage points
A Agriculture, forestry and fishing 1,107 1.6 -0.7 0.0
B Mining and quarrying 186 0.3 -11.9 0.0
C Manufacturing 13,320 18.7 -1.6 -0.3
D Electricity, gas, steam and air conditioning supply 1,563 2.2 -3.6 -0.1
E Water supply, sewerage, waste management & remediation activities 578 0.8 -12.7 -0.1
F Construction 4,232 5.9 4.6 0.3
G Wholesale and retail trade, repair of motor vehicles 7,103 10.0 -0.8 -0.1
H Transportation and storage 3,727 5.2 2.6 0.1
I Accommodation and food service activities 1,643 2.3 3.8 0.1
J Information and communication 2,893 4.1 7.3 0.3
K Financial and insurance activities 3,225 4.5 5.8 0.3
L Real estate activities 4,454 6.3 3.6 0.2
of which: imputed dwelling activity of households 3,368 4.7 1.1 0.1
M Professional, scientific and technical activities 4,554 6.4 3.6 0.2
N Administrative and support service activities 1,747 2.5 3.0 0.1
O Public administration & defence, compulsory social security 3,844 5.4 2.2 0.1
P Education 3,603 5.1 1.3 0.1
Q Human health and social work activities 3,905 5.5 4.6 0.2
R Arts, entertainment and recreation 769 1.1 3.5 0.0
S Other service activities 635 0.9 -3.7 0.0
T Activities of households as employers 47 0.1 4.9 0.0
U Activities of extra-territorial organisations and bodies
Total value added 63,133 88.7 1.5 1.4
Net taxes on products 8,038 11.3 1.6 0.2
Gross domestic product 71,171 100.0 1.5 1.5
Expenditure breakdown of GDP, Slovenia, 2025
At market prices Share of GDP Change in volume Contribution to GDP growth
mio. EUR % percentage points
Domestic expenditure 67,297 94.6 3.7 3.5
Final consumption expenditure 51,541 72.4 2.7 1.9
households 35,411 49.8 2.4 1.2
NPISH 815 1.1 4.4 0.0
general government 15,315 21.5 3.2 0.6
Gross capital formation 15,755 22.1 7.2 1.5
gross fixed capital formation 15,091 21.2 5.3 1.1
changes in inventories 661 0.9 0.4
acquisitions less disposals of valuables 3 0.0 0.0
Balance of external trade 3,874 5.4 -1.9
Exports of goods and services 55,484 78.0 0.2 0.1
exports of goods 42,137 59.2 -0.7 -0.5
exports of services 13,347 18.8 3.2 0.6
Minus: imports of goods and services 51,610 72.5 2.8 2.1
imports of goods 42,436 59.6 3.1 1.9
imports of services 9,174 12.9 1.2 0.2
Gross domestic product 71,171 100.0 1.5 1.5
Income breakdown of GDP, Slovenia, 2025
At market prices Share of GDP Change of share
mio. EUR % percentage points
Gross domestic product 71,171 100.0
Compensation of employees 37,028 52.0 0.6
Taxes on production and imports 9,114 12.8 -0.2
Less: subsidies 1,059 1.5 0.1
Gross operating surplus and mixed income 26,088 36.7 -0.3
consumption of fixed capital 12,802 18.0 -0.2
net operating surplus and mixed income 13,286 18.7 -0.1
Gross domestic product – 2026 revision, Slovenia
2022 2023 2024 2025
GDP at market prices, mio. EUR 56,901 64,119 67,478 71,171
value before revision, mio. EUR 56,882 64,050 67,418 70,486 1)
change, % 0.0 0.1 0.1 1.0
GDP volume growth, % 2.6 2.6 2.0 1.5
value before revision, % 2.7 2.4 1.7 1.1 1)
change, percentage points 0.0 0.3 0.3 0.5
1) Estimate based on quarterly data sources
METHODOLOGICAL NOTE
During the transition period after SKD 2025 (NACE Rev. 2.1) entering into force, statistical data will still be collected and published according to SKD 2008 (NACE Rev. 2). The transition periods will vary depending on individual statistical areas.
In line with the harmonised European policy of national accounts revision, we announce the next major revision of national accounts data in 2030. In addition to the findings of the new five-year round of verification of gross national income data, the classification of economic activities will be updated and a new methodological basis of national accounts is being prepared that will upgrade the current European regulation (the switch from the European System of Accounts 2010 to ESA 2030).
Additional explanations are available in the methodological explanations.
In line with the harmonised European policy of national accounts revision, we announce the next major revision of national accounts data in 2030. In addition to the findings of the new five-year round of verification of gross national income data, the classification of economic activities will be updated and a new methodological basis of national accounts is being prepared that will upgrade the current European regulation (the switch from the European System of Accounts 2010 to ESA 2030).
Additional explanations are available in the methodological explanations.
When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.
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