Slovenia

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Country summary

Capital

Ljubljana

Borders

Austria 330 km, Croatia 455 km, Hungary 102 km, Italy 199 km

Government type

parliamentary republic

Population

2,005,692 (July 2010 est.)[1]

Population growth

-0.113% (2010 est.)[1]

Life expectancy

76.92 years[1]

Unemployment

9.2% (2009 est.)[1]

Index of Economic Freedom

61[2]

Corruption Perceptions Index

27[3]

Doing Business ranking

53[4]


The Slovene lands were part of the Austro-Hungarian Empire until the latter's dissolution at the end of World War I. In 1918, the Slovenes joined the Serbs and Croats in forming a new multinational state, which was named Yugoslavia in 1929. After World War II, Slovenia became a republic of the renewed Yugoslavia, which though Communist, distanced itself from Moscow's rule. Dissatisfied with the exercise of power by the majority Serbs, the Slovenes succeeded in establishing their independence in 1991 after a short 10-day war. Historical ties to Western Europe, a strong economy, and a stable democracy have assisted in Slovenia's transformation to a modern state. Slovenia acceded to both NATO and the EU in the spring of 2004; it joined the eurozone in 2007.[1]

Economical characteristics

  • Currency: Euro (ISO code: EUR)
  • Central bank discount rate: 3% (31 December 2008)[1]
  • Commercial banks lending rate: 7.41% (31 December 2008)[1]
  • Stock of money (M1): $10.5 billion (30 September 2009)[1]
  • Quasi money (with M1 makes M2): $15.9 billion (30 September 2009)[1]

Notable events:

Statistics

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[6] 22 158 19 888 20 390 23 070 29 058 33 724 35 695 38 899 47 182 54 613
Govt. debt (% of GDP)[7] 22.180
Govt. revenue (% of GDP)[8] 35.946 39.074 40.053 37.412 39.357 38.810 38.769 38.557 36.972 38.134
Govt. expenses (% of GDP)[9] 35.163 39.017 39.908 39.133 39.457 39.316 39.702 38.641 35.757 37.373
Debt to revenue (years) 0.617

References

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Factbook. "Slovenia", from The World Factbook. Referenced 2010-09-29.
  2. Heritage Foundation. "Slovenia", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-29.
  3. Transparency International. "Slovenia", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-09-29.
  4. Doing Business. "Slovenia", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-29.
  5. Carmen M. Reinhart and Kenneth S. Rogoff. "This Time is Different", Princeton University Press, ISBN 978-0-691-14216-6, p. 382. (The list does not claim to be complete.) Referenced 2011-07-21.
  6. World Bank. "Slovenia: GDP", from World Bank Data. Referenced 2010-09-29.
  7. World Bank. "Slovenia: government debt", from World Bank Data. Referenced 2010-09-29.
  8. World Bank. "Slovenia: government revenue", from World Bank Data. Referenced 2010-09-29.
  9. World Bank. "Slovenia: government expenses", from World Bank Data. Referenced 2010-09-29.

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