Growth of total disposable income and stable financial situation of the population  
during the epidemic
80
90
100
110
120
130
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
20
21
Re
al
 in
de
x 
20
08
=
10
0
Gross disposable income
Compensation of employees
Social benefits excluding social transfers in kind
Gross operating surplus and mixed income
Taxes on income and property and social security contributions
0
2
4
6
8
10
Ja
n 
12
Ja
n 
12
Ja
n 
13
Ja
n 
13
Ja
n 
14
Ja
n 
14
 J
an
 1
5
Ja
n 
15
Ja
n 
16
Ja
n 
16
Ja
n 
17
Ja
n 
17
Ja
n 
18
Ja
n 
18
Ja
n 
19
Ja
n 
19
Ja
n 
20
Ja
n 
20
Ja
n 
21
Ja
n 
21
Ja
n 
22
In
 %
Subjective perception of 
households’ financial situation
Running into debt
Having to draw on savings
 A significant burden of the epidemic was borne by the government
0
1
2
3
4
5
6
2020 2021
A
s 
a 
%
 o
f G
D
P
Measures to mitigate the consequences of the epidemic
Other (aid to agriculture, ICT 
infrastructure, investments in 
research, co-financing of fire 
brigades, etc.)
Support to businesses 
(fixed costs, support to meetings 
industry, cultural activities, 
compensation to transport 
operators, etc.)
Measures to maintain 
consumption and social situation 
(tour. vouchers, solidarity bonuses)
Functioning of public services 
(allowances, expenditure on 
containment measures, provision 
of funds for Health Insurance 
Institute of Slovenia etc.)
Labour market (temporary layoff, 
short-time work, minimum wage 
subsidy, holiday allowance)
-5
0
5
10
15
20
25
Ir
el
an
d
Sw
ed
en
Lu
xe
m
b
ou
rg
D
en
m
ar
k
N
et
he
rla
nd
s
Bu
lg
ar
ia
Fi
nl
an
d
La
tv
ia
Po
la
nd
Li
th
ua
ni
a
C
ro
at
ia
Sl
o
ve
n
ia
Es
to
ni
a
G
er
m
an
y
Be
lg
iu
m EU
Po
rt
ug
al
H
un
ga
ry
EM
U
C
ze
ch
 R
ep
.
A
us
tr
ia
C
yp
ru
s
G
re
ec
e
Ro
m
an
ia
Sl
ov
ak
ia
Fr
an
ce
M
al
ta
It
al
y
Sp
ai
n
In
 p
.p
. o
f G
D
P
Change in the general government debt in 2019–2021
DEVELOPMENT 
REPORT 2022
The Development Report monitors 
developments according to the 
strategic orientations set out in  
the Slovenian Development  
Strategy 2030 (SDS) adopted by  
the government of Slovenia at  
the end of 2017.
Slovenia’s economy saw a quick 
rebound in 2021 with the help of 
government measures that kept the 
material and financial situation of  
the population relatively stable.  
However, narrowing the development 
gap with the EU average remains  
a challenge, as the shift to innovation-
led economic growth with a highly 
productive low-carbon circular 
economy is slow. The COVID-19 
epidemic has severely affected the 
health status of the population and  
has exacerbated the problem of access 
to healthcare and long-term care.
A RAPID RECOVERY OF THE ECONOMY AND STABLE  
INCOME AFTER THE OUTBREAK OF THE EPIDEMIC
 Economic convergence continued in 2020 and 2021
90
95
100
105
110
115
120
125
130
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
20
21
In
de
x 
20
10
=
10
0
GDP
Slovenia
EU
91
81
82
83
85
88
89
88
89
86
85
84
83 83 83 83
84
86
87
88
89
90
75
80
85
90
95
100
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
20
21
In
de
x 
EU
 =
 1
00
GDP per capita in PPS compared to the EU average
Development policy 
measures should focus on 
accelerating the inclusive 
transition to innovation-
driven growth with a highly 
productive low-carbon 
circular economy.
Priority tasks:
• Accelerating productivity 
growth
• Faster transition to a low-
carbon circular economy
• Inclusive social development 
and intergenerational solidarity
• Strengthening the 
developmental role of the 
government and its institutions
RECOMMENDATIONS  
    FOR THE ECONOMIC  
    POLICY
Sources: SURS, MF, Eurostat, EC, SVRK, calculations 
by IMAD.
Notes: The at-risk-of-poverty and social exclusion 
rate from the EU-SILC 2020 survey was calculated 
based on 2019 income and a survey conducted in 
2020; V4 – Visegrad countries; IL – innovation leaders 
(Sweden, Finland, Belgium); Resource, energy and 
emission productivity are calculated as GDP per unit 
of consumed material, energy or greenhouse gas 
emissions; RES – renewable energy sources;  
RRP – recovery and resilience plan.
0
10
20
30
40
50
60
70
C
ze
ch
 R
ep
.
Sl
ov
ak
ia
Sl
o
ve
n
ia
Fi
nl
an
d
N
et
he
rla
nd
s
A
us
tr
ia
D
en
m
ar
k
Po
la
nd
C
yp
ru
s
Sw
ed
en
Fr
an
ce
H
un
ga
ry
M
al
ta
Lu
xe
m
b
ou
rg
Po
rt
ug
al
Be
lg
iu
m
C
ro
at
ia
Ir
el
an
d
EU
G
er
m
an
y
Es
to
ni
a
Li
th
ua
ni
a
It
al
y
La
tv
ia
Sp
ai
n
G
re
ec
e
Bu
lg
ar
ia
Ro
m
an
ia
Ri
sk
 ra
te
, i
n 
%
Poverty, 2020 Poverty among low-educated people Social exclusion (aged 75 years and over)Social exclusion, 2020
 The at-risk-of-poverty or social exclusion rate is among the lowest in the EU but higher for 
certain population groups
SLOW PACE OF TRANSFORMATION INTO A HIGHLY PRODUCTIVE,  
LOW-CARBON CIRCULAR ECONOMY
81 82
83
85
88 89 88 89
91
86 85 84 83 83 83 83 84
86 87
88 89
90
84
107
75
80
85
90
95
100
105
110
115
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
20
21
In
de
x 
EU
 =
 1
00
GDP per capita in PPS Productivity (GDP per empl., PPS)
Employment rate
7.5%
8.0%
8.5%
9.0%
9.5%
10.0%
10.5%
11.0%
11.5%
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
A
s 
a 
%
 o
f G
D
P
Investment in R&D, ICT and other machinery and equipment
Slovenia
EU
V4
IL
 The transition to innovation-driven economic growth has been slow since the global financial crisis
DEEPENING OF CHALLENGES IN HEALTH AND LONG-TERM CARE
0
300
600
900
1200
1500
1800
2100
2400
2700
3000
3300
Ja
n 
20
Fe
b
 2
0
M
ar
 2
0
A
p
r 2
0
M
ay
 2
0
Ju
n 
20
Ju
l 2
0
A
ug
 2
0
 S
ep
 2
0
O
ct
 2
0
N
ov
 2
0
D
ec
 2
0
Ja
n 
21
Fe
b
 2
1
 M
ar
 2
1
A
p
r 2
1
M
ay
21
Ju
n 
21
Ju
l 2
1
A
ug
 2
1
Se
p
 2
1
O
ct
 2
1
 N
ov
 2
1
D
ec
 2
1
N
um
b
er
Excess mortality
Deaths with COVID-19 Other deaths Monthly average number of deaths (2015–2019)
0
2
4
6
8
10
12
14
M
al
ta
G
er
m
an
y
Lu
xe
m
b
ou
rg
A
us
tr
ia
N
et
he
rla
nd
s
C
ze
ch
 R
ep
.
Sp
ai
n
C
yp
ru
s
H
un
ga
ry
Bu
lg
ar
ia
Be
lg
iu
m
C
ro
at
ia
Sw
ed
en
Po
rt
ug
al EU
D
en
m
ar
k
Li
th
ua
ni
a
It
al
y
Ir
el
an
d
Fr
an
ce
Sl
o
ve
n
ia
Sl
ov
ak
ia
Ro
m
an
ia
La
tv
ia
Fi
nl
an
d
G
re
ec
e
Po
la
nd
Es
to
ni
a
A
s 
a 
%
 o
f p
op
ul
at
io
n 
ag
ed
 1
6+
Unmet needs for healthcare due to financial reasons, 
waiting times or geographical distance, 2019
 The epidemic has a negative impact on the health status of the population; low availability of health services
0
20
40
60
80
100
N
et
he
rla
nd
s
Fi
nl
an
d
Sw
ed
en
D
en
m
ar
k
G
er
m
an
y
In
n
o
va
ti
o
n
 
le
ad
er
s
Lu
xe
m
b
ou
rg
A
us
tr
ia
C
ze
ch
 R
ep
.
Es
to
ni
a
Be
lg
iu
m
Sp
ai
n
Fr
an
ce EU
Li
th
ua
ni
a
M
al
ta
Sl
o
ve
n
ia
Sl
ov
ak
ia
Ir
el
an
d
C
ro
at
ia
Po
rt
ug
al
G
re
ec
e
H
un
ga
ry
C
yp
ru
s
Po
la
nd
La
tv
ia
It
al
y
Ro
m
an
ia
Bu
lg
ar
ia
In
 %
Share of the population (aged 16–74) with at least basic digital skills, 2019
Basic digital skills Very good digital skills
0
5
10
15
20
25
30
25–34 years 35–44 years 45–54 years 55–64 years
In
 %
2010 2019 2020
Participation of adults (aged 25–64) in lifelong learning
 Economic transformation is limited also by human resources-related factors
60
65
70
75
80
85
90
95
100
105
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
 In
de
x,
 E
U
-2
7=
10
0
Resource 
productivity
Energy 
productivity
Emission 
productivity
EU
0
100
200
300
400
500
600
700
M
al
ta
Lu
xe
m
b
ou
rg
C
yp
ru
s
Ire
la
nd
Be
lg
iu
m
N
et
he
rla
nd
s
Po
la
nd
Sl
ov
ak
ia
G
er
m
an
y
Bu
lg
ar
ia
C
ze
ch
 R
ep
.
D
en
m
ar
k
G
re
ec
e
It
al
y
Sp
ai
n
EU
-2
7
H
un
ga
ry
Li
th
ua
ni
a
Fr
an
ce
Es
to
ni
a
Po
rt
ug
al
Sw
ed
en
A
us
tr
ia
Fi
nl
an
d
Ro
m
an
ia
La
tv
ia
C
ro
at
ia
Sl
o
ve
n
ia
In
 %
 
Increase in the use of RES, 2005–2020 
10
94
1
 Slow decoupling of economic growth from resource use and GHG emissions