Productivity and competitiveness

Slovenia continues to maintain a high quality of life; however, rising global pressures, demographic change, limited adaptability and insufficient investment in the future are constraining the full utilisation of its development potential. The Report presents proposals and identifies forward-looking priorities together with a balanced package of policies aimed at positioning Slovenia among the…

Slovenia ranks in the top half of EU Member States on most global composite indicators of quality of life.

In the area of social development, the gap between Slovenia and the EU in terms of the population's material well-being has narrowed in recent years, alongside positive developments on the labour market. Income, wealth and wage inequality remain among the lowest in the EU, as do the AROPE…

In Slovenia, a robust post-COVID-19 economic recovery, supported by improved conditions in trading partners and substantial fiscal policy measures, was followed by a slowdown in economic growth and an increase in inflation in 2022 and 2023 in the context of the energy crisis. The impact of rising cost pressures on competitiveness and the population's lower purchasing power was cushioned by…

The Institute of Macroeconomic Analysis and Development, as the National Productivity Board, produced the fifth Productivity Report.

We find that productivity shifts at the macro level are modest and that the gap with the EU average even widened in 2022. At the same time, however, Slovenia is not only maintaining its competitive edge in areas where it is traditionally strong, such as…

The Institute of Macroeconomic Analysis and Development, as the National Productivity Board, produced the fifth Productivity Report.

We find that productivity shifts at the macro level are modest and that the gap with the EU average even widened in 2022. At the same time, however, Slovenia is not only maintaining its competitive edge in areas where it is traditionally strong, such as…

The Slovenian economy recovered quickly from the epidemic, supported by an expansionary fiscal policy. GDP per capita in purchasing power standards reached 92% of the EU average last year, the highest level ever recorded. The measures taken to support the population during the epidemic and the period of rising energy prices significantly mitigated the impact of both crises on the social and…

Slovenia is gradually making progress in productivity and most of its key factors, but its structural development in terms of transition to innovation-driven growth and circular economy is too slow, and the modernisation and transformation processes are too shallow. This is reflected in the relatively slow narrowing of the development gap with the EU average, the still large development gap with…

Slovenia’s economy saw a quick rebound in 2021 with the help of massive government measures that kept the material and financial situation of the population relatively stable. The burden of the epidemic assumed by the government was reflected in a high general government deficit and an increase in general government debt, especially in 2020. The main challenge remains to overcome the development…

The Institute of Macroeconomic Analysis and Development, as the National Productivity Board, produced the third Productivity Report. This year's content was marked by the COVID-19 crisis in the light of the economic recovery. We point out the impact of the COVID-19 epidemic on the financial situation of companies and, in this context, the importance of intervention measures. We analysed in more…

The Development Report, an annual publication prepared by the Institute of Macroeconomic Analysis and Development, which monitors the realisation of the Slovenian Development Strategy 2030, brings important recommendations for development policy. Short-term priorities continue to be highly related to preventing the spread of the covid-19 epidemic and mitigating its socio-economic consequences.…