Russian services downturn deepens as demand weakens and confidence hits three-and-a-half-year low
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Slovenia’s gross domestic product (GDP) increased by 1.1% in 2025 (chart), according to a first estimate published by the statistics office on February 16.
Growth was primarily supported by domestic consumption, which rose by 2.6% and made a positive contribution to overall economic activity.
Final consumption expenditure increased by 1.7%, with both household and government spending rising by 1.7% and 1.6%, respectively.
Gross capital formation expanded by 5.5%, while gross fixed capital formation grew by 4.1%. Investment in non-residential buildings and structures surged by 13.5%, offsetting a 7.5% decline in residential construction. Investment in equipment and machinery was broadly flat, edging up by 0.7%.
Exports increased modestly by 0.3%, while imports rose by 2.1%. Employment declined by 0.4%, or around 4,900 people, with the sharpest falls recorded in manufacturing and construction.
In the fourth quarter of 2025, GDP rose by 2.0% year on year, supported by a 3.0% increase in private consumption. The Bank of Slovenia said economic growth slowed last year due to weak foreign demand and subdued private investment, but expects activity to strengthen in 2026.
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