Slovenia

Description of Slovenia

Welcome to our website dedicated to exploring the geopolitical and macroeconomic landscape of Slovenia. Situated at the crossroads of Central and Southeast Europe, Slovenia boasts a rich history and vibrant culture. As we delve into the intricate web of macroeconomic statistics and geopolitical analyses, we aim to provide unique insights into how these factors impact Slovenia's development and its position in the global arena. Join us on a journey to uncover the dynamics shaping Slovenia's path in the 21st century.

Population And Age Structure

- The total population of Slovenia is 2,102,419, well below the average population of 40,097,746. Slovenia ranks 144 out of 194 countries in terms of population.
- The percentage of population ages 0-14 in Slovenia is 15.20%, significantly lower than the average of 27.34%. Slovenia ranks 172 out of 194 countries in this aspect.
- The total number of population ages 0-14 in Slovenia is 319,621, far below the average of 10,327,379. Slovenia ranks 150 out of 194 countries for this category.
- Slovenia has 64.70% of its population ages 15-64, slightly above the average of 63.44%. The country is ranked 95 out of 194 in this demographic.
- The total population ages 15-64 in Slovenia is 1,360,190, significantly lower than the average of 26,003,407. Slovenia ranks 145 out of 194 countries in this age group.
- The percentage of population ages 65 and above in Slovenia is 20.10%, much higher than the average of 9.22%. Slovenia ranks 16 out of 194 countries in this age category.
- The total number of population ages 65 and above in Slovenia is 422,607, lower than the average of 3,766,959. Slovenia ranks 107 out of 194 countries for this demographic.

Summary

Slovenia has a relatively small population compared to the global average, with a higher percentage of elderly citizens and lower percentage of young individuals. This demographic profile suggests potential challenges like an aging workforce and healthcare burden, but also opportunities for targeted social policies and healthcare innovation to support the aging population. Furthermore, the higher proportion of working-age population could be beneficial for economic productivity if utilized efficiently through appropriate employment and training strategies.

Population Miscellaneous

- Rural population: Slovenia's rural population of 943,608 is significantly below the attribute average of 18,044,041. Slovenia ranks 129th out of 190 countries in this category.
- Rural population (% of total population): With 44.882% of its population residing in rural areas, Slovenia is slightly above the attribute average of 41.158%. The country ranks 77th out of 190 countries for this metric.
- Urban population: Slovenia's urban population of 1,158,811 is notably below the attribute average of 22,425,747. Slovenia ranks 146th out of 194 countries in urban population.
- Urban population (% of total population): At 55.118% urban population, Slovenia is lower than the attribute average of 59.691%. The country ranks 118th out of 194 countries in this respect.
- Age dependency ratio (% of working-age population): Slovenia's ratio of 54.57% is slightly below the attribute average of 59.22%. The country is ranked 100th out of 194 countries.
- Birth rate, crude (per 1,000 people): Slovenia's crude birth rate of 8.9 is well below the attribute average of 19.38. In this aspect, Slovenia ranks 177th out of 192 countries.
- Death rate, crude (per 1,000 people): With a crude death rate of 11.4, Slovenia exceeds the attribute average of 8.21. Slovenia ranks 27th out of 192 countries for this metric.
- Fertility rate, total (births per woman): At 1.59 births per woman, Slovenia's fertility rate is below the attribute average of 2.60. In this category, Slovenia is ranked 140th out of 190 countries.

Summary

Slovenia exhibits a unique demographic profile with relatively low rural and urban populations compared to global averages. The country also has a lower age dependency ratio and fertility rate, indicating potential challenges for sustaining population growth and supporting an aging population. However, Slovenia's low crude birth rate and higher crude death rate could impact its long-term demographic stability and may require strategic policies to address these trends.

Military

Regarding Military expenditure (current USD), Slovenia's value is significantly lower than the attribute average, ranking 84 out of 149 countries. This suggests that Slovenia's military spending is below the global average.

For Military expenditure (% of GDP), Slovenia's value is below average, ranking 107 out of 148 countries. This indicates that Slovenia allocates a smaller percentage of its GDP towards military expenses compared to the global average.

When it comes to Armed forces personnel, total, Slovenia has 7000 personnel, which is much lower than the attribute average. This places Slovenia at rank 143 out of 164 countries, indicating a relatively smaller armed forces size compared to other nations.

Regarding Armed forces personnel (% of total labor force), Slovenia's value is below average, ranking 95 out of 164 countries. This suggests that a smaller proportion of Slovenia's total labor force is comprised of armed forces personnel compared to the global average.

Summary

In summary, Slovenia's military expenditure in terms of both absolute value and as a percentage of GDP is below the global average, as is its armed forces personnel count and proportion relative to the total labor force. These statistics suggest that Slovenia prioritizes other areas of spending and resource allocation over military investment.

These findings are important as they indicate Slovenia's strategic focus on economic development, social welfare, or diplomatic solutions over a militaristic approach. This approach can shape Slovenia's foreign policy, defense capabilities, and overall geopolitical positioning, influencing its relationships with neighboring countries and international alliances.

Natural Resources

For Forest area, Slovenia has a value of 12,378.3 sq. km, which is significantly below the average of 211,606.1 sq. km. The country ranks 116th out of 191 countries in this attribute.

In terms of Land area, Slovenia's 20,136.4 sq. km is notably lower than the average of 665,166.5 sq. km, placing it at the 150th position out of 194 countries.

Regarding Surface area, Slovenia's value of 20,480 sq. km is considerably less than the average of 689,779.6 sq. km. The country also ranks 150th out of 194 nations in this regard.

Slovenia's Arable land spans 181,030 hectares, which is well below the average of 7,329,543.2 hectares, positioning it as the 141st country out of 190.

Land under cereal production in Slovenia covers 101,510 hectares, significantly lower than the average of 4,206,011.6 hectares. The country ranks 134th out of 174 in this aspect.

With an Average precipitation of 1,162 mm per year, Slovenia slightly exceeds the average of 1,157.8 mm per year. It ranks 77th out of 178 countries in this attribute.

For Renewable internal freshwater resources, Slovenia has 18.67 billion cubic meters, far below the average of 240.4 billion cubic meters, placing it 103rd out of 178 countries considered.

Summary

Slovenia's key macroeconomic indicators show low values in various environmental aspects such as forest area, land area, arable land, and renewable internal freshwater resources compared to global averages, positioning the country relatively lower in rankings among nations. These statistics are crucial as they highlight Slovenia's limited natural resources and potential environmental challenges, which may impact its agricultural productivity, water security, and overall environmental sustainability in the long term.

Resource Rents

1. Total natural resources rents (% of GDP): Slovenia's value for this attribute is 0.2142, significantly below the average of 4.6300. This places Slovenia at rank 139 out of 175 countries included in the data.

2. Coal rents (% of GDP): Slovenia's value for coal rents is 0.0178, also below the average of 0.3961, positioning Slovenia at rank 37 out of 65 countries.

3. Forest rents (% of GDP): With a value of 0.1961, Slovenia's forest rents are below the average of 1.5258. This places Slovenia at rank 96 out of 174 countries.

4. Oil rents (% of GDP): Slovenia's value for oil rents is extremely low at 0.0000, significantly lower than the average of 2.5051. Slovenia ranks 117 out of 117 countries in this dataset.

5. Natural gas rents (% of GDP): The value for natural gas rents in Slovenia is 0.0003, below the average of 1.2527. Slovenia is ranked at 89 out of 96 countries for this attribute.

Summary

Slovenia's macroeconomic indicators related to natural resources rents, including coal, forest, oil, and natural gas, consistently depict values below global averages in comparison to other countries. This suggests that Slovenia may not heavily rely on natural resource extraction as a significant contributor to its GDP. These indicators are important as they reflect Slovenia's economic diversification efforts, possibly indicating a focus on other sectors for sustained economic growth and stability.

Commodities

• Cereal production in Slovenia is 749,700 metric tons, significantly below the average of 17,249,945.92 metric tons. Slovenia ranks 116 out of 174 countries in this attribute.

• Aquaculture production in Slovenia stands at 1,672.6 metric tons, notably lower than the average of 679,642.92 metric tons. Slovenia is ranked 115 out of 180 countries in this category.

• Capture fisheries production in Slovenia is 312.02 metric tons, well below the average of 467,453.06 metric tons. Slovenia ranks 180 out of 190 countries in this attribute.

• Total fisheries production in Slovenia is 1,984.62 metric tons, significantly lower than the average of 1,153,914.85 metric tons. Slovenia ranks 170 out of 182 countries in this attribute.

• Fertilizer consumption in Slovenia is 255.82 kilograms per hectare of arable land, surpassing the average of 159.04 kilograms. Slovenia holds the 27th rank out of 187 countries in this aspect.

Summary

In analyzing key macroeconomic indicators for Slovenia, it is evident that the country falls below global averages in key agricultural and fisheries productions such as cereal, aquaculture, capture fisheries, and total fisheries. However, Slovenia excels in fertilizer consumption, surpassing the average consumption per hectare of arable land. These findings are important as they highlight areas where Slovenia may need to focus on improving agricultural and fisheries productivity while also showcasing its efficient use of fertilizers for agricultural purposes.

Intellectual Property

• Industrial design applications, nonresident, by count: Slovenia's value of 583 is below the average of 1415.83. It ranks 39 out of 112 countries in this attribute data.

• Industrial design applications, resident, by count: With a value of 33, Slovenia is well below the average of 9799.58, ranking 86 out of 113 countries.

• Patent applications, nonresidents: Slovenia's value of 12 is significantly below the average of 6538.40. It ranks 96 out of 129 countries in this category.

• Patent applications, residents: Slovenia's value of 232 is below the average of 19037.56. It ranks 58 out of 117 countries.

• Trademark applications, nonresident, by count: Slovenia's value of 3215 is below the average of 15878.93, ranking 89 out of 130 countries.

• Trademark applications, resident, by count: Slovenia's value of 3836 is well below the average of 111055.78. It ranks 71 out of 129 countries.

• Scientific and technical journal articles: Slovenia's value of 3827.5 is below the average of 15103.76. It ranks 60 out of 192 countries.

• Charges for the use of intellectual property, payments (BoP, current US$): Slovenia's value of 251963420.18 is significantly below the average of 3218843494.39. It ranks 57 out of 143 countries.

• Charges for the use of intellectual property, receipts (BoP, current US$): Slovenia's value of 97143283.87 is well below the average of 3191687117.58. It ranks 44 out of 122 countries.

• Researchers in R&D (per million people): Slovenia's value of 5124.63 is above the average of 2556.44. It ranks 13 out of 72 countries based on this data.

Summary

In summary, Slovenia tends to have below-average values in key macroeconomic indicators such as industrial design applications, patent applications, trademark applications, and charges for the use of intellectual property. However, Slovenia performs relatively well in the number of researchers in R&D per million people, where it ranks above average.

These findings are crucial as they provide insight into Slovenia's innovation and intellectual property landscape. The lower rankings in various application categories suggest potential areas for improvement and investment to enhance competitiveness and innovation capacity. On the other hand, the higher ranking in researchers in R&D signifies Slovenia's focus on research and development activities, which could contribute to long-term economic growth and technological advancement.

Broad Economy Attributes

When examining the GDP (current US$) of Slovenia, which stands at around 53.73 billion, it is noted to be below the average GDP of 442.87 billion. Slovenia ranks 80th out of 189 countries included in the data for this attribute.

Slovenia's GDP, PPP (current international $) is approximately 88.39 billion, falling below the average of 734.14 billion. With a rank of 91 out of 181 countries, Slovenia's performance in this field is also below average.

Looking at GDP per capita (current US$), Slovenia's value of about 25,558 is above the average of 15,462. The country is ranked 35th out of 190 nations in this category.

For GDP per capita, PPP (current international $), Slovenia's value of roughly 42,041 is notably higher than the average of 21,252. Slovenia ranks 33rd out of 181 countries in this metric.

When considering GNI (current US$), Slovenia's 53.46 billion is below the average of 452.04 billion. With a rank of 78 out of 185 countries, Slovenia positions below the average on this measure.

For GNI, PPP (current international $), Slovenia's value of 87.93 billion is also lower than the average of 730.70 billion. Slovenia ranks 91st out of 181 countries in this aspect.

Regarding GNI per capita, PPP (current international $), Slovenia's 41,820 is above the average of 20,616. Slovenia holds the 30th rank out of 181 countries included in this data set.

Summary

Slovenia's GDP and GNI figures are notably below the global averages, ranking below average in both the current US dollar and PPP metrics. However, the country performs relatively well in terms of GDP per capita and GNI per capita, where it surpasses the global averages and secures a higher ranking. These statistics are crucial as they reflect Slovenia's economic output, income levels, and overall economic development compared to other nations, providing insights into its standing in the global economic landscape.

Broad Value Added

The Gross value added at basic prices (GVA) in Slovenia is $47,471,545,773.95, ranking 78 out of 176 countries, significantly below the average of $360,070,943,595.12.
Agriculture, forestry, and fishing value added (% of GDP) in Slovenia is 2.09%, ranking 144 out of 182 countries, well below the average of 10.86%.
Agriculture, forestry, and fishing value added in current US dollars in Slovenia is $1,121,692,546.60, ranking 125 out of 182 countries, below the average of $19,924,732,828.07.
Services value added (% of GDP) in Slovenia is 57.04%, ranking 84 out of 183 countries, slightly above the average of 56.72%.
Services value added in current US dollars in Slovenia is $30,651,499,626.19, ranking 79 out of 183 countries, below the average of $295,837,711,130.69.
Industry (including construction) value added in current US dollars in Slovenia is $15,698,353,601.17, ranking 77 out of 183 countries, below the average of $118,421,095,413.50.

Summary

Slovenia's Gross Value Added (GVA) is significantly below the global average, indicating a comparatively smaller economic output. The country's Agriculture, forestry, and fishing sectors make up a lower percentage of its GDP compared to the average, while the Services sector contributes slightly more. Slovenia's Industry sector, including construction, also falls below the global average in terms of value added. These indicators are crucial as they highlight Slovenia's economic structure and potential areas for development to enhance its overall economic performance and competitiveness on the global stage.

Manufacturing Value Added

Manufacturing, value added (current US$): Slovenia's value of $11,030,573,886.41 is below the average of $76,207,179,589.66. It ranks 65th out of 173 countries.

Manufacturing, value added (% of GDP): Slovenia's value of 20.53% is above the average of 11.90%. It ranks 16th out of 173 countries.

Medium and high-tech manufacturing value added (% manufacturing value added): Slovenia's value of 37.24% is above the average of 24.49%. It ranks 38th out of 149 countries.

Chemicals (% of value added in manufacturing): Slovenia's value of 4.46% is below the average of 11.56%. It ranks 75th out of 89 countries.

Food, beverages and tobacco (% of value added in manufacturing): Slovenia's value of 7.19% is below the average of 24.51%. It ranks 88th out of 92 countries.

Machinery and transport equipment (% of value added in manufacturing): Slovenia's value of 22.84% is above the average of 16.85%. It ranks 27th out of 93 countries.

Textiles and clothing (% of value added in manufacturing): Slovenia's value of 1.80% is below the average of 6.33%. It ranks 65th out of 93 countries.

Other manufacturing (% of value added in manufacturing): Slovenia's value of 63.71% is above the average of 42.13%. It ranks 5th out of 94 countries.

Summary

Slovenia's manufacturing sector contributes significantly to its economy, with a higher value added (% of GDP) than the global average. The country excels particularly in medium and high-tech manufacturing and other manufacturing categories. However, Slovenia lags behind in chemicals, food, beverages, and tobacco manufacturing sectors compared to other countries. These indicators are important as they showcase Slovenia's strengths and weaknesses in different manufacturing segments, providing insight into its economic diversification and competitiveness in the global market.

Money

Regarding Inflation, consumer prices (annual %), Slovenia has a value of -0.055 which is significantly below the average of 8.259. This places Slovenia at a rank of 137 out of 165 countries with available data.

As for Inflation, GDP deflator (annual %), Slovenia's value of 1.124 is also below the average of 6.898. This places Slovenia at a rank of 118 out of 188 countries with available data.

Summary

Slovenia exhibits below-average values in both inflation indicators compared to a global average. With a negative inflation rate in consumer prices and a below-average GDP deflator inflation rate, Slovenia's economic environment may be experiencing deflationary pressures, which can impact consumer spending, business investment, and overall economic growth. It is crucial for policymakers and economists to closely monitor these indicators to ensure price stability and sustainable economic development in Slovenia.

Consumption Expenditure

Final consumption expenditure (current US$): Slovenia's value of 38,153,570,453.5332 is below the average of 381,630,252,515.3805. Slovenia ranks 79th out of 159 countries in this attribute.

Final consumption expenditure (% of GDP): Slovenia's value of 71.00% is below the average of 82.37%. Slovenia ranks 125th out of 159 countries in this attribute.

General government final consumption expenditure (current US$): Slovenia's value of 11,074,526,734.8779 is significantly below the average of 93,676,578,238.03342. Slovenia ranks 66th out of 158 countries in this attribute.

General government final consumption expenditure (% of GDP): Slovenia's value of 20.61% is above the average of 18.71%. Slovenia ranks 54th out of 158 countries in this attribute.

Household and NPISHs final consumption expenditure (current US$): Slovenia's value of 27,079,043,718.6553 is significantly below the average of 290,127,571,157.693. Slovenia ranks 82nd out of 158 countries in this attribute.

Households and NPISHs final consumption expenditure (% of GDP): Slovenia's value of 50.39% is below the average of 63.68%. Slovenia ranks 126th out of 158 countries in this attribute.

Summary

Slovenia's final consumption expenditure in both absolute terms and as a percentage of GDP is below the global average, with rankings ranging from 54th to 126th among 158-159 countries. This indicates that Slovenia's domestic consumption levels are comparatively lower than many other nations, which could impact its economic growth, domestic demand, and overall economic stability.

Equities

1. Listed domestic companies, total: Slovenia has 27 listed domestic companies, well below the attribute average of 636.625. This places Slovenia at rank 61 out of 72 countries.

2. Stocks traded, total value (current US$): Slovenia's total value of $462,050,000 in stocks traded is significantly below the attribute average of $1,379,501,820,911.9. Slovenia is ranked 49 out of 71 countries in this aspect.

3. Stocks traded, total value (% of GDP): At 0.86% of GDP, Slovenia's stock value traded lags behind the average of 31.65%. Slovenia ranks 48 out of 71 countries for this metric.

4. Market capitalization of listed domestic companies (current US$): With a market capitalization of $8,448,550,000, Slovenia falls well below the average of $1,196,037,851,618.88. The country ranks 57 out of 73 nations in this category.

5. Market capitalization of listed domestic companies (% of GDP): Slovenia's market capitalization of listed domestic companies accounts for 15.72% of its GDP, lower than the average of 71.24%. The country is ranked 60 out of 73 in this metric.

6. S&P Global Equity Indices (annual % change): Slovenia's S&P Global Equity Indices show an annual change of 10.58%, significantly higher than the average of 2.06%. This places Slovenia at rank 20 out of 79 countries for this indicator.

Summary

Slovenia shows lower numbers in key macroeconomic indicators compared to the global averages. It has fewer listed domestic companies, lower stock values and market capitalization, but a higher annual change in S&P Global Equity Indices. These indicators are important as they reflect Slovenia's position in the global market, its attractiveness to investors, and its potential for economic growth and development.

Investment

Foreign direct investment, net (BoP, current US$): Slovenia's value of $320,588,284.51 is significantly below the average of -$1,615,235,980.51, ranking 30 out of 169 countries in the dataset.

Foreign direct investment, net inflows (BoP, current US$): With $506,269,486.82, Slovenia surpasses the average of $5,749,271,080.15, ranking 95 out of 182 countries.

Foreign direct investment, net inflows (% of GDP): Slovenia's value of 0.94% is below the average of 2.61%, ranking 121 out of 178 countries.

Foreign direct investment, net outflows (BoP, current US$): Slovenia's outflows of $826,857,771.33 are notably below the average of $5,707,991,116.07, with a ranking of 43 out of 156 countries.

Foreign direct investment, net outflows (% of GDP): At 1.54%, Slovenia's outflows exceed the average of 1.00%, placing it at rank 23 out of 155 countries.

Portfolio Investment, net (BoP, current US$): Slovenia's net value of -$1,050,366,375.06 is significantly below the average of $679,559,169.57, ranking 125 out of 159 countries.

Portfolio equity, net inflows (BoP, current US$): With a value of -$8,954,622.86, Slovenia is below the average of $9,197,145,994.70, ranking 79 out of 125 countries.

Summary

Slovenia exhibits mixed performance in key macroeconomic indicators related to foreign direct investment and portfolio investment. The country ranks below average in terms of net foreign direct investment, both in inflows and outflows, as well as in portfolio investment. These indicators are crucial as they reflect the level of investor confidence and capital movement in and out of the country, which can impact economic growth, job creation, and overall economic stability.

Broad Trade Attributes

1. Trade (% of GDP): Slovenia's trade accounts for 146.59% of its GDP, significantly higher than the average of 82.34%. Slovenia ranks 15th out of 163 countries in this aspect.

2. Merchandise trade (% of GDP): Slovenia's merchandise trade represents 162.01% of its GDP, well above the average of 60.01%. Slovenia ranks 4th out of 186 countries in this category.

3. Trade in services (% of GDP): Slovenia's trade in services contributes 25.67% to its GDP, slightly higher than the average of 24.63%. Slovenia holds the 44th rank out of 171 countries.

4. External balance on goods and services (current US$): Slovenia's external balance on goods and services is $4,801,272,742.79, surpassing the average of $3,405,509,011.13. Slovenia ranks 35th out of 163 countries in this metric.

5. External balance on goods and services (% of GDP): Slovenia's external balance as a percentage of GDP is 8.94%, significantly higher than the average of -5.97%. Slovenia ranks 13th out of 163 countries in this aspect.

Summary

Slovenia demonstrates a robust trade performance with its trade, merchandise trade, and trade in services all exceeding global averages, ranking 15th, 4th, and 44th respectively among countries worldwide. The country also maintains a positive external balance on goods and services both in absolute terms and as a percentage of GDP, ranking 35th and 13th respectively. These indicators highlight Slovenia's strong integration into the global economy, competitiveness in international trade, and overall economic stability.

Net Trade

- Slovenia's current account balance is $3,882,337,747.22, which is significantly above the average of $1,443,864,831.49. Slovenia ranks 31 out of 170 countries in this attribute data.
- The current account balance as a percentage of GDP for Slovenia is 7.23%, higher than the average of -2.36%. Slovenia ranks 17 out of 170 countries in this aspect.
- Slovenia's net trade in goods and services is $4,854,744,357.27, above the average of $2,604,730,003.57. Slovenia ranks 33 out of 171 countries in this category.
- In terms of net primary income, Slovenia has a value of -$365,392,978.33, higher than the average of -$903,807,529.74. Slovenia is ranked 79 out of 170 countries in this regard.
- Net secondary income for Slovenia is -$607,014,666.88, below the average of -$269,227,340.40. Slovenia ranks 136 out of 170 countries for this attribute.
- Slovenia's net trade in goods is $2,664,952,833.04, higher than the average of $1,302,831,005.68. Slovenia is ranked 41 out of 171 countries in this category.
- The net capital account for Slovenia is -$299,024,237.33, below the average of $136,543,824.05. Slovenia ranks 148 out of 159 countries in terms of net capital.
- Slovenia's net financial account stands at $4,211,796,048.34, significantly above the average of -$469,840,994.63. Slovenia ranks 28 out of 170 countries regarding the net financial account.

Summary

Slovenia performs exceptionally well in key macroeconomic indicators such as current account balance, net trade in goods and services, and net financial account. Its current account balance, current account balance as a percentage of GDP, and net financial account are significantly above the global averages, indicating a strong economic position. These positive figures reflect Slovenia's ability to attract foreign investments, maintain a healthy trade balance, and stimulate economic growth, positioning the country favorably in the international economic landscape.

Broad Export Attributes

Exports of goods, services and primary income for Slovenia amount to 43.83 billion current US dollars, which is below the average of 146.24 billion. Slovenia ranks 52nd out of 170 countries in this data set.

Slovenia's exports of goods and services stand at 41.86 billion current US dollars, also below the average of 122.94 billion. The country holds the 52nd rank out of 170 countries.

With exports of goods and services accounting for 41.78 billion current US dollars, Slovenia remains below the average of 129.60 billion. The country is ranked 54th out of 163 nations.

Exports of goods and services as a percentage of GDP in Slovenia are at 77.76%, significantly above the average of 38.19%. Slovenia holds the 14th rank out of 163 countries in this metric.

Slovenia's goods exports are valued at 33.86 billion current US dollars, below the average of 93.31 billion. The country ranks 51st out of 171 nations.

International tourism receipts contribute 3.39% to Slovenia's total exports, below the average of 9.74%. Slovenia holds the 62nd rank out of 120 countries in this aspect.

ICT goods exports constitute 1.81% of Slovenia's total goods exports, below the average of 3.81%. Slovenia ranks 47th out of 142 countries regarding this metric.

Summary

Slovenia's exports of goods, services, and primary income, as well as goods and services individually, are below global averages, with the country ranking in the lower half among a significant number of nations. However, Slovenia stands out with exports accounting for a high percentage of its GDP, ranking relatively well in this aspect. These findings are crucial as they indicate Slovenia's heavy reliance on exports to drive its economy, highlighting potential vulnerabilities to external market fluctuations and the importance of diversifying its export base.

Merchandise Exports

- Slovenia's merchandise exports amount to $44,832,000,000, ranking 49th out of 187 countries. This value is below the average merchandise exports of $89,542,711,229.95.

- Agricultural raw materials exports account for 1.42% of Slovenia's merchandise exports, ranking 65th out of 151 countries. This percentage is below the average of 2.97%.

- Food exports constitute 4.62% of Slovenia's merchandise exports, ranking 127th out of 152 countries. This figure is significantly lower than the average of 24.06%.

- Fuel exports make up 3.05% of Slovenia's merchandise exports, placing it at 76th out of 147 countries. This percentage falls below the average of 13.70%.

- Ores and metals exports represent 3.64% of Slovenia's merchandise exports, ranking 70th out of 152 countries. Slovenia's figure is under the average of 9.10%.

- The residual merchandise exports for Slovenia are at 0.01%, ranking 135th out of 166 countries. This value is notably lower than the average of 3.20%.

Summary

Slovenia's merchandise exports are below average, with a significant portion coming from agricultural raw materials, food, fuel, ores, and metals. However, the country lags behind in food and ores & metals exports compared to the global average. This indicates a potential area for development and diversification in Slovenia's export sector to enhance its economic resilience and competitiveness in the global market.

Technology Exports

Manufactures exports (% of merchandise exports): Slovenia's value for this attribute is 87.01%, which is above the average of 42.62%. Slovenia ranks 9th out of 152 countries in this metric.

High-technology exports (current US$): With a value of $2,542,210,4, Slovenia falls below the average of $16,655,934,078.80 for this attribute. Slovenia ranks 40th out of 151 countries in this category.

High-technology exports (% of manufactured exports): Slovenia's percentage is 7.80%, lower than the average of 10.15%. The country ranks 64th out of 150 countries in this aspect.

Medium and high-tech exports (% manufactured exports): Slovenia exceeds the average with a value of 69.60% compared to 34.29%. The country ranks 14th out of 149 countries for this metric.

Summary

Slovenia stands out as a significant player in the global market for manufactured exports, ranking 9th out of 152 countries with a value of 87.01%. However, the country lags behind in high-technology exports, ranking 40th with a value of $2,542,210,4, falling below the average. Despite this, Slovenia excels in medium and high-tech exports, ranking 14th with a value of 69.60%. These indicators are crucial as they showcase Slovenia's specialization in certain sectors, its competitiveness in the global market, and areas that may require further investment and development to enhance overall economic performance.

Service Exports

Analysis of key statistics for Slovenia:

1. Service exports (BoP, current US$): Slovenia's value is $7,991,288,548.64. This is below the attribute average of $28,917,292,503.82. Slovenia ranks 56 out of 171 countries.

2. ICT service exports (BoP, current US$): Slovenia's value is $753,935,644.80. This is below the attribute average of $4,578,501,153.77. Slovenia ranks 60 out of 166 countries.

3. ICT service exports (% of service exports, BoP): Slovenia's value is 9.43%. This is below the attribute average of 11.75%. Slovenia ranks 73 out of 166 countries.

4. Communications, computer, etc. (% of service exports, BoP): Slovenia's value is 45.97%. This is above the attribute average of 45.85%. Slovenia ranks 91 out of 169 countries.

5. Transport services (% of service exports, BoP): Slovenia's value is 33.13%. This is above the attribute average of 21.80%. Slovenia ranks 36 out of 169 countries.

6. Travel services (% of service exports, BoP): Slovenia's value is 17.67%. This is below the attribute average of 26.40%. Slovenia ranks 92 out of 167 countries.

7. Insurance and financial services (% of service exports, BoP): Slovenia's value is 3.24%. This is below the attribute average of 6.46%. Slovenia ranks 85 out of 161 countries.

Summary

Slovenia showcases strengths in transport services exports, which contribute significantly to its service exports, ranking 36th out of 169 countries in this category. However, the country lags behind in ICT service exports and insurance and financial services exports, ranking 60th and 85th, respectively. This imbalance suggests room for diversification in its service export portfolio to enhance overall economic resilience and competitiveness in the global market.

Commercial Service Exports

Commercial service exports (current US$): Slovenia's commercial service exports amount to $7,974,269,759.70, ranking 56th out of 171 countries. This value is below the attribute average of $28,508,218,402.80.

Travel services (% of commercial service exports): Slovenia's travel services account for 17.70% of its commercial service exports, ranking 94th out of 167 countries. This percentage is below the attribute average of 27.89%.

Computer, communications, and other services (% of commercial service exports): Slovenia allocates 45.85% of its commercial service exports to these services, ranking 83rd out of 169 countries. This percentage is above the attribute average of 42.44%.

Insurance and financial services (% of commercial service exports): Slovenia dedicates 3.24% of its commercial service exports to insurance and financial services, ranking 92nd out of 161 countries. This percentage is below the attribute average of 6.97%.

Transport services (% of commercial service exports): Slovenia's transport services contribute to 33.20% of its commercial service exports, ranking 45th out of 169 countries. This percentage is above the attribute average of 23.37%.

Summary

Slovenia's commercial service exports of $7,974,269,759.70 rank 56th globally, below the average of $28,508,218,402.80. The country relies heavily on computer, communications, and other services, allocating 45.85% of its commercial service exports to these sectors, above the global average of 42.44%. However, Slovenia's travel services (% of commercial service exports) and insurance and financial services (% of commercial service exports) are below the global averages, indicating potential areas for growth and diversification within the economy.

Broad Import Attributes

Imports of goods and services (current US$): Slovenia's value is $36,983,089,000.14, ranking 60th out of 163 countries. This is below the average of $126,191,355,599.06.

Imports of goods and services (% of GDP): Slovenia's value is 68.83%, ranking 22nd out of 163 countries. This is above the average of 44.15%.

International tourism, expenditures (% of total imports): Slovenia's value is 2.31%, ranking 86th out of 131 countries. This is below the average of 3.98%.

ICT goods imports (% total goods imports): Slovenia's value is 3.79%, ranking 104th out of 143 countries. This is below the average of 6.85%.

Goods imports (BoP, current US$): Slovenia's value is $31,198,976,576.43, ranking 57th out of 171 countries. This is below the average of $92,007,788,027.17.

Imports of goods and services (BoP, current US$): Slovenia's value is $37,000,473,667.09, ranking 60th out of 170 countries. This is below the average of $120,321,577,988.12.

Imports of goods, services and primary income (BoP, current US$): Slovenia's value is $39,337,164,851.83, ranking 63rd out of 170 countries. This is below the average of $144,514,428,722.28.

Summary

Slovenia's key macroeconomic indicators pertaining to imports of goods and services present a mixed picture. While the country ranks below average in terms of total import value in US dollars and in various import categories, it is notable that Slovenia's imports as a percentage of GDP are higher than the average. This indicates a heavy reliance on imports relative to the size of its economy, which could have implications for its trade balance, domestic production capabilities, and foreign exchange reserves.

Merchandise Imports

Analysis of key statistics for Slovenia:

Summary

Slovenia has a significant proportion of its imports consisting of manufactures, agricultural raw materials, and ores/metals, all surpassing global averages. However, the country has lower-than-average food and fuel imports. This indicates a diversified import profile with a reliance on certain sectors. Understanding these import dynamics is crucial for Slovenia's economic stability, trade relationships, and strategic resource planning.

Service Imports

- Service imports (BoP, current US$): Slovenia's service imports amount to $5,801,498,193.32, which is significantly below the average of $27,615,356,170.47. This places Slovenia at rank 67 out of 171 countries in the dataset.

- Communications, computer, etc. (% of service imports, BoP): Slovenia's percentage of service imports allocated to communications, computer, etc. is 57.48%, higher than the average of 44.40%, positioning Slovenia at rank 46 out of 169 countries.

- Transport services (% of service imports, BoP): Slovenia allocates 22.26% of its service imports to transport services, below the average of 32.90%. This places Slovenia at rank 118 out of 169 countries.

- Travel services (% of service imports, BoP): Slovenia's allocation of 15.81% of service imports to travel services is slightly above the average of 14.14%, positioning Slovenia at rank 52 out of 169 countries.

- Insurance and financial services (% of service imports, BoP): Slovenia assigns 4.45% of service imports to insurance and financial services, lower than the average of 8.53%. Slovenia ranks 109 out of 169 countries based on this metric.

Summary

In summary, Slovenia has a lower total service import amount compared to the average of all countries in the dataset. However, when looking at the breakdown of service imports, Slovenia allocates a higher percentage to communications, computer, etc., and travel services, while assigning a lower percentage to transport services and insurance/financial services. These figures highlight Slovenia's emphasis on certain service sectors over others, which can indicate areas of strength or focus for the country's economy and trade strategies.

Commercial Service Imports

- Commercial service imports (current US$): Slovenia's commercial service imports amount to $5,711,543,649.45, ranking 67th out of 171 countries. This value is significantly lower than the average of $27,102,746,128.60.

- Computer, communications and other services (% of commercial service imports): Slovenia allocates 56.81% of its commercial service imports to this category, which is higher than the average of 41.71%. Slovenia ranks 47th out of 169 countries for this attribute.

- Insurance and financial services (% of commercial service imports): Slovenia's allocation of 4.52% to insurance and financial services is below the average of 8.85%. The country ranks 112th out of 169 nations.

- Transport services (% of commercial service imports): Slovenia dedicates 22.61% of its commercial service imports to transport services, ranking 119th out of 169 countries. This value is below the average of 34.71%.

- Travel services (% of commercial service imports): Slovenia's 16.06% allocation to travel services is slightly above the average of 14.73%. The country ranks 55th out of 169 nations for this attribute.

Summary

Slovenia's macroeconomic indicators for commercial service imports show a mixed allocation across different categories compared to global averages. The country prioritizes Computer, communications, and other services with 56.81% allocation, surpassing the average. However, the allocations for insurance and financial services (4.52%) and transport services (22.61%) are below global averages. These indicators are crucial as they reflect Slovenia's focus areas in trade and services, highlighting potential strengths and areas for improvement in its economy.

Infrastructure

1. Railways, passengers carried (million passenger-km): Slovenia carries 397 million passenger-km, below the average of 32,281.92 million. Slovenia ranks 45th out of 64 countries in this attribute.

2. Railways, goods transported (million ton-km): Slovenia transports 4,726 million ton-km, below the average of 119,231.19 million. It ranks 33rd out of 62 countries.

3. Air transport, registered carrier departures worldwide: Slovenia has 3,289 registered carrier departures, significantly lower than the average of 134,365.61. It ranks 112th out of 149 countries.

4. Air transport, passengers carried: Slovenia carries 78,565 passengers, well below the average of 11,848,242.70. It ranks 125th out of 149 countries.

5. Container port traffic (TEU: 20 foot equivalent units): Slovenia handles 945,007 TEUs, below the average of 6,907,110.27. It ranks 64th out of 110 countries.

6. Rail lines (total route-km): Slovenia has 1,209 total route-km of rail lines, significantly lower than the average of 12,204.74 km. It ranks 52nd out of 66 countries.

Summary

Slovenia's transportation infrastructure lags behind global averages across key indicators such as railways passengers and goods transported, air transport departures and passengers carried, container port traffic, and total rail line length. These statistics point to potential challenges in efficiently moving goods and people in and out of the country, affecting trade, tourism, and overall economic competitiveness.

Information Technology Infrastructure

1. Secure Internet servers: Slovenia has 103,255 secure internet servers, which is below the attribute average of 458,294. Slovenia is ranked 46th out of 193 countries in this category.

2. Secure Internet servers (per 1 million people): Slovenia has 49,112.47 secure internet servers per 1 million people, significantly higher than the attribute average of 14,067.17. Slovenia ranks 16th out of 193 countries in this metric.

3. Individuals using the Internet (% of population): With 86.60% of its population using the internet, Slovenia surpasses the attribute average of 64.77%. Slovenia is ranked 40th out of 180 countries in this aspect.

4. Fixed broadband subscriptions: Slovenia has 651,603 fixed broadband subscriptions, lower than the attribute average of 6,591,956.35. The country ranks 81st out of 185 countries in fixed broadband subscriptions.

5. Mobile cellular subscriptions: Slovenia has 2,550,895 mobile cellular subscriptions, well below the attribute average of 42,526,463.87. Slovenia ranks 139th out of 193 countries in mobile cellular subscriptions.

Summary

Slovenia performs above average in secure internet servers per 1 million people and individuals using the internet. However, it falls short in the number of fixed broadband and mobile cellular subscriptions compared to the global average. These statistics are crucial as they indicate Slovenia's strong digital infrastructure and high internet penetration rate, which are vital for economic development and competitiveness in the modern age.

Energy Consumption

Regarding Renewable energy consumption, Slovenia is below the average of 32.18%, with a value of 22.4%. It ranks 100 out of 191 countries in the dataset.

As for CO2 emissions, Slovenia's value of 12,477.3 kt is significantly below the average of 171,895.94 kt. This places Slovenia at rank 95 out of 188 countries considered.

Summary

Slovenia falls below the global average in both renewable energy consumption and CO2 emissions. With renewable energy consumption at 22.4% compared to the global average of 32.18%, and CO2 emissions at 12,477.3 kt significantly lower than the average of 171,895.94 kt, Slovenia demonstrates a commitment to sustainability and environmental responsibility. These indicators are crucial as they showcase Slovenia's efforts towards reducing its carbon footprint and transitioning towards cleaner energy sources, aligning with global sustainability goals and ensuring a healthier environment for future generations.

Government Balance Sheet

- The Reserves and related items in BoP for Slovenia amount to $192,341,141.63, significantly below the average of $1,924,407,186.58. This places Slovenia at rank 67 out of 171 countries in the dataset.

- Slovenia's Total reserves minus gold stand at $1,118,218,495.58, notably lower than the average of $74,221,588,171.61, ranking Slovenia 122 out of 161 countries.

- With Total reserves (includes gold) of $1,311,110,695.58, Slovenia falls short of the average of $85,708,019,773.47. This places Slovenia at rank 120 out of 161 countries.

- Slovenia's Total reserves in months of imports is 0.40, significantly below the average of 7.10. This rank places Slovenia at 146 out of 151 countries in the dataset.

Summary

Slovenia's key macroeconomic indicators reflect a concerning trend in its reserves position compared to the global average. The country's reserves and related items in Balance of Payments are significantly below average, ranking it 67th out of 171 countries. Additionally, Slovenia's total reserves minus gold and total reserves (including gold) are notably lower than the average, placing the country at 122nd and 120th positions respectively out of 161 countries. Moreover, Slovenia's total reserves in months of imports stand at 0.40, a stark contrast to the average of 7.10, ranking it at 146th out of 151 countries. These indicators highlight potential vulnerabilities in Slovenia's financial stability and ability to weather economic shocks, indicating a need for strategic measures to bolster its reserves and safeguard against external risks.

Government Revenue

1. Revenue, excluding grants (% of GDP): Slovenia's value of 38.35% is above the average of 27.02%. It ranks 17 out of 122 countries in this attribute data.

2. Social contributions (% of revenue): Slovenia excels in this attribute with a value of 44.41%, well above the average of 22.29%. It holds the 4th rank out of 81 countries.

3. Taxes on goods and services (% of revenue): Slovenia's value of 32.29% is slightly above the average of 31.82%. It ranks 62 out of 122 countries.

4. Other taxes (% of revenue): Slovenia's value for this attribute is 0.19%, significantly below the average of 2.12%. It ranks 84 out of 106 countries.

5. Taxes on income, profits and capital gains (% of revenue): Slovenia's value of 11.53% is below the average of 24.66%. It ranks 104 out of 119 countries.

Summary

Slovenia showcases strong performance in revenue generation, with high percentages in revenue excluding grants and social contributions, positioning it well above the global averages. However, the country lags in taxes on income, profits, and capital gains, indicating potential challenges in diversifying revenue sources. These indicators are crucial for assessing Slovenia's fiscal health, economic policies, and overall financial stability.

Taxes

1. Tax revenue (% of GDP): Slovenia's tax revenue accounts for 16.88% of its GDP, slightly above the average of 16.72%. This places Slovenia at rank 58 out of 123 countries in the dataset.

2. Taxes on income, profits and capital gains (% of total taxes): Slovenia's taxation on income, profits, and capital gains is 26.20% of total taxes, notably below the average of 38.40%. Slovenia ranks 99 out of 120 countries for this indicator.

3. Tariff rate, applied, weighted mean, all products (%): Slovenia maintains a low weighted average tariff rate of 1.48%, significantly below the average of 5.21%. This places Slovenia at rank 135 out of 153 countries in the dataset.

Summary

Slovenia demonstrates a relatively efficient tax system with tax revenue accounting for 16.88% of its GDP, slightly above the global average. However, its emphasis on income, profits, and capital gains taxation is below average at 26.20%, and the country maintains a low weighted average tariff rate of 1.48%. These indicators are crucial as they reveal Slovenia's tax structure and trade openness, highlighting its competitiveness and investment attractiveness compared to other nations.

Government Expenses

Expense (% of GDP): Slovenia's expense as a percentage of GDP is 45.43%, which is 13.74% higher than the average. This places Slovenia at rank 14 out of 123 countries in the dataset.

Compensation of employees (% of expense): Slovenia's compensation of employees as a percentage of expense is 18.54%, which is 6.16% below the average. Slovenia ranks 76 out of 123 countries.

Goods and services expense (% of expense): Slovenia's goods and services expense as a percentage of total expenses is 9.63%, which is 5.15% below the average. The country ranks 78 out of 122 countries.

Interest payments (% of expense): Slovenia's interest payments as a percentage of expense is 3.48%, 3.36% below the average. The country ranks 76 out of 121 countries.

Other expense (% of expense): Slovenia's other expenses as a percentage of total expenses is 4.05%, which is 4.24% below the average. Slovenia is ranked 87 out of 120 countries.

Subsidies and other transfers (% of expense): Slovenia's subsidies and other transfers as a percentage of total expenses is 49.73%, which is 6.44% above the average. Slovenia is at rank 43 out of 121 countries in the dataset.

Summary

Slovenia's expense as a percentage of GDP is higher than the average, with a notable share allocated to subsidies and other transfers. The country's compensation of employees is below average, reflecting potential challenges in labor market dynamics. Efficient allocation of expenses, particularly in reducing interest payments and other expenses, could enhance Slovenia's fiscal health and competitiveness in the global market.

Top Stats

Ranks in Top Decile For:

Attribute Rank/Total
Population ages 65 and above (% of total population) 16/194
Manufacturing, value added (% of GDP) 16/173
Other manufacturing (% of value added in manufacturing) 5/94
Trade (% of GDP) 15/163
Merchandise trade (% of GDP) 4/186
External balance on goods and services (% of GDP) 13/163
Exports of goods and services (% of GDP) 14/163
Manufactures exports (% of merchandise exports) 9/152
Medium and high-tech exports (% manufactured exports) 14/149
Manufactures imports (% of merchandise imports) 9/152
Secure Internet servers (per 1 million people) 16/193
Social contributions (% of revenue) 4/81

Ranks in Bottom Decile For:

Attribute Rank/Total
Birth rate, crude (per 1,000 people) 177/192
Oil rents (% of GDP) 117/117
Natural gas rents (% of GDP) 89/96
Capture fisheries production (metric tons) 180/190
Total fisheries production (metric tons) 170/182
Food, beverages and tobacco (% of value added in manufacturing) 88/92
Net capital account (BoP, current US$) 148/159
Food imports (% of merchandise imports) 138/152
Total reserves in months of imports 146/151