Economic growth remains high and broadly-based; Investments are intensifying

Year-on-year GDP growth was higher in the third quarter (4.8%) than in the previous quarter (4.3%). The growth of economic activity (1.3%) also accelerated in relation to the previous quarter (0.9%) and exceeded the growth in the EU average (0.3%).

Graph: Quarterly GDP growth in Slovenia and the EU

"Growth of economic activity continues to be broadly based. Investments have been noticeably strengthening for several quarters, especially in construction, and the growth of business investments to increase production and service capacities is also continuing," explains Maja Bednaš, Acting Director of IMAD. This is further influenced by high capacity utilisation, better financial status of companies and favorable financing conditions.

Despite the growth slowdown in the export sector of the economy that follows the trends of the most important...