Slovenia’s gross domestic product expanded by 1.5% year-on-year in the fourth quarter of 2024, slightly easing from an upwardly revised 1.6% growth in the previous quarter.
The economic slowdown was mainly influenced by softer increases in household consumption (1.2% vs 1.7% in Q3) and government spending (5.7% vs 9.2%).
Meanwhile, fixed investments declined at a softer pace (-5.2% vs -8.1%).
Additionally, net trade has added 1.3 percentage points to the GDP, as exports (3.9%) rose more than imports (2.3%).
On a seasonally adjusted quarterly basis, the economy advanced by 0.6%, following an upwardly revised 0.4% rise in the preceding period.