Gross domestic product, 1st quarter 2025

GDP down by 0.7% at the annual level

In the first quarter of 2025, gross domestic product (GDP) went down by 0.7% over the same period of 2024.

  • 15 May 2025 at 10:30
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Domestic expenditure increased by 0.8%, with final consumption expenditure contributed positively with a 1.0% growth. The increase of household final consumption expenditure was minimal (0.4%). Gross fixed capital formation decreased by 5.1%, which was a similar decrease as in the previous quarter. Investment into buildings and structures, which went down by 9.0%, had the greatest impact.

The value of exports of products remained almost at the same level as a year ago. Imports went up slightly more, by 1.9%. The external trade balance had a negative impact on GDP growth (-1.4 percentage points).

Tables with the latest data are available in the SiStat Database.
Gross domestic product, constant prices, growth rates (%), Slovenia
20242025
Q1Q2Q3Q4Q1
Non-seasonally adjusted
  annual growth2.40.91.61.5-0.7
Seasonally adjusted
  quarterly growth0.9-0.50.20.3-0.8
  annual growth2.91.01.31.0-0.8
Gross domestic product by expenditures, constant prices, growth rates (%), Slovenia
20242025
Q1Q2Q3Q4Q1
Changes on the same period of the previous year
Domestic expenditure3.55.10.00.10.8
final consumption expenditure3.24.73.72.41.0
  households2.01.81.71.20.4
  NPISH1.2-0.71.70.40.9
  general government6.512.69.25.72.6
gross capital formation4.26.2-11.5-7.6-0.1
  gross fixed capital formation0.6-2.1-8.1-5.2-5.1
  changes in inventories and valuables1)0.81.8-0.9-0.61.1
External trade balance1)-1.0-3.61.81.3-1.4
exports of goods and services-0.40.19.53.90.1
  goods0.40.510.63.7-0.2
  services-3.2-1.15.64.41.9
minus: imports of goods and services0.84.88.02.31.9
  goods1.04.98.31.81.1
  services1.44.65.14.47.7
Gross domestic product2.40.91.61.5-0.7
1) As contribution to GDP volume growth (in percentage points).
Value added by activities and gross domestic product, constant prices, growth rates (%), Slovenia
20242025
Q1Q2Q3Q4Q1
Changes on the same period of the previous year
A Agriculture, forestry and fishing3.1-3.6-1.8-10.9-4.2
BCDE Mining and quarrying, manufacturing, electricity and water supply, waste management 3.9-0.13.63.4-2.8
of which: C Manufacturing1.41.65.04.2-2.5
F Construction4.3-2.3-7.81.3-6.0
GHI Trade, transportation and storage, accommodation and food service activities0.40.01.51.0-0.6
J Information and communication6.67.24.41.21.2
K Financial and insurance activities-3.55.75.05.3-2.1
L Real estate activities3.03.12.7-0.20.4
MN Professional, scientific, technical, administrative and support services2.51.9-0.43.30.9
OPQ Public administration, education, human health and social work1.51.41.61.71.4
RST Other service activities2.81.33.63.0-0.4
Total value added2.50.91.51.8-0.8
Net taxes on products1.70.32.8-0.50.5
Gross domestic product2.40.91.61.5-0.7
METHODOLOGICAL NOTE
Unless otherwise specified, all comparisons in this text refer to original data, to volume or real changes, and to changes compared with the same quarter of the previous year.

Additional explanations are available in the methodological explanations.
When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.