Ljubljana, 28. 2. 2013 – "Data released today give rise to optimism and confirm that the Government with its measures managed to reverse the negative trend of economic activity," noted the Slovenian Prime Minister's Office in its response to the statistics on economic growth in the final quarter of 2013 published this morning. According to the data for the fourth quarter of 2013, GDP increased by 2.1% year-on-year, which indicates that Slovenia is gradually recovering from recession.
In the initial estimates of the Statistical Office, Slovenia's GDP experienced a 1.1% real decline in 2013 but quarterly data show a gradual revival of economic activity. Following eight quarters of economic downturn, Slovenia again recorded positive economic growth. The growth of GDP in the fourth quarter of 2013 was boosted by gross fixed capital formation (it increased by 5.9%). External demand continued to reflect positively on GDP growth.
The Slovenian Government emphasised that it remained committed to the planned reforms despite the optimistic statistics, as this was the only way to achieve mid-term stable economic growth which would be felt by the citizens as well.
For more information see: www.stat.si/eng/novica_prikazi.aspx