Market Data on the Frontier Country of Slovenia.
On January 1, 2007 became the first country that joined the EU in 2004 to adopt the euro. It is a model of economic success and model of stability for the region. It has the highest per capita GDP in Central Europe, Slovenia has a well-educated work force, a strategic location between the Balkans and Western Europe, and excellent infrastructure. However, privatization has lagged since 2002, and the economy does have one of highest levels of state control in the EU. But that is changing as structural reforms to improve the business environment have allowed for somewhat greater foreign participation in Slovenia's economy and have also helped to lower the unemployment rate, and this is helping Slovenia make many of the research firms screen for inclusion into a Frontier Markets ETF and index. Despite Slovenia’s economic success, foreign direct investment in Slovenia has lagged behind the average in the region, and taxes do remain relatively high.
- GDP (purchasing power parity):
$54.79 billion (2007)
- GDP (official exchange rate):
$44.57 billion (2007)
- GDP - real growth rate:
5.8% (2007 est.)