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MartinRoberts Offline



Beiträge: 11

16.12.2024 15:00
Economy of Slovenia Antworten

Slovenia is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. As a developed nation, Slovenia is able to provide its citizens with social services like public education, healthcare, and law enforcement. Citizens of developed nations enjoy a high standard of living and longer life expectancies than citizens of developing nations. Each year, Slovenia exports around $28.73 billion and imports roughly $29.49 billion. 5.9% of population in the country are unemployed. The total number of unemployed people in Slovenia is 122,794. In Slovenia, 13.5% of the population lives below the poverty line. The percentage of citizens living below the poverty line in Slovenia is low, indicating that it has a stable economy. Investors should consider Slovenia to be a safe location for investments and other financial ventures. Government expenditure on education is 5.7% of GDP. The Gini Index of the country is 23.7. Slovenia is experiencing high equality. Differences in income among citizens are only mildly significant. Slovenia has a Human Development Index (HDI) of 0.874. Slovenia has a very high HDI score. This indicates that nearly all citizens are able to attain a desirable life because of social and economic support; citizens with a low standard of living receive aid and support and have the opportunity to advance in society. The Global Peace Index (GPI) for Slovenia is 1.378. Due to strong law enforcement presence and high social responsibility, Slovenia is very safe by international standards. The strength of legal rights index for Slovenia is 3. Overall, it is considered to be rather inadequate - bancrupcy and collateral laws are able to protect the rights of borrowers and lenders to some degree; credit information may be sufficient, but hardly available, or, the oppoiste case, available but not sufficient.

Currency
The currency of Slovenia is euro. There are several plural forms of the name 'euro'. These are euro, euros. The symbol used for this currency is €, and it is abbreviated as EUR. The euro is divided into Cent; there are 100 in one euro.

Credit rating
The depth of credit information index for Slovenia is 4, which means that information is usually sufficient and quite accessible, although occasionally some necessary details may be lacking. According to the S&P credit-rating agency, Slovenia has a credit rating score of A-, and the prospects of this rating are stable. According to the Fitch credit-rating agency, Slovenia has a credit rating score of BBB+, and the prospects of this rating are negative. According to the Moody's credit-rating agency, Slovenia has a credit rating score of Ba1, and the prospects of this rating are negative.

Central bank
In Slovenia, the institution that manages the state's currency, money supply, and interest rates is called Bank of Slovenia. Locally, the central bank of Slovenia is called Banka Slovenije. The average deposit interest rate offered by local banks in Slovenia is 3.17%.

Public debt
The government debt of Slovenia has not been calculated yet.

Tax information
The corporate tax in Slovenia is set at 19%. Personal income tax ranges from 16% to 50%, depending on your specific situation and income level. VAT in Slovenia is 22%.

Finances
The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Slovenia is $61557 billion. The Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) per capita in Slovenia was last recorded at $30 million. PPP in Slovenia is considered to be below average when compared to other countries. Below average PPP indicates that citizens in this country find it difficult to purchase local goods. Local goods can include food, shelter, clothing, health care, personal care, essential furnishings, transportation and communication, laundry, and various types of insurance. Countries with below average PPP are dangerous locations for investments. The total Gross Domestic Product (GDP) in Slovenia is 47,990 billion. Based on this statistic, Slovenia is considered to have a medium economy. Countries with medium economies support an average number of industries and opportunities for investment. It should not be too difficult to find worthwhile investment opportunities in medium economies. The Gross Domestic Product (GDP) per capita in Slovenia was last recorded at $23 million. The average citizen in Slovenia has very low wealth. Countries with very low wealth per capita often have lower life expectancies and dramatically lower quality of living among citizens. It can be very difficult to find highly skilled workers in countries with very low wealth, as it is difficult for citizens to obtain the requisite education needed for specialized industries. However, labor can be found for very low rates when compared with countries with higher wealth per capita. GDP Annual Growth Rate in Slovenia averaged 1.4% in 2014. According to this percentage, Slovenia is currently experiencing modest growth. Countries that are experiencing modest growth offer safe opportunities for investment; their expanding economy indicates that businesses, jobs, and income will expand accordingly.

https://www.confiduss.com/en/jurisdictions/slovenia/economy/

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