GDP growth was higher than in the whole Slovenia in five statistical region
In 2018 GDP in Slovenia grew by 6.4% in real terms compared to 2017 and stood at EUR 45,755 million. GDP increased the most in Osrednjeslovenska (by 7.3%), Jugovzhodna Slovenija (by 7.1%) and Koroška (by 7.0%) regions and the least in the Goriška region (by 3.7%). In Podravska, which generated the second highest share of GDP (12.6%), the growth was 6.0%, and in Zasavska, with the lowest share of GDP (1.4%), the growth was 5.4%.
The regional differences in GDP per capita are increasing
In 2018 the GDP per capita exceeded the Slovenian average the most in the Osrednjeslovenska region (by 41.1%), while it was the lowest in the Zasavska (by 47.6%). Net commuter inflows into the Osrednjeslovenska region significantly contributed to GDP per capita of this region (which amounted to EUR 31,169) which could not have been achieved by the resident active population on its own. The difference between the most and the least successful region was 88.7 percentage points in 2018, 0.6 of a percentage point higher than in 2017. A more accurate indicator of measuring regional differences is dispersion. This indicator showed that GDP per capita of regions differed from the Slovenian gross domestic product per capita by 21.9% on average. Compared to 2017, the regional differences in 2018 were 0.4 of a percentage point higher.
The position of Slovenian cohesion regions in the European Union
In 2017, for when the most recent data on GDP per capita in purchasing power standards (PPS) for EU Member States are available, Zahodna Slovenija reached 102% of the EU average and was ranked 101st out of 283 NUTS 2 regions, while Vzhodna Slovenija reached 70% and was ranked 212th. Zahodna Slovenija exceeded the average GDP per capita for EU in years from 2003 to 2010; the most in 2008 (108.8%) and the least in 2010 (100.8%). The data on GDP per capita in Chart 2 are expressed in purchasing power standards. The chart shows that the highest GDP per capita are generated in the regions with capital cities. The differences between the regions are the smallest in Denmark, Sweden, Croatia, Slovakia, Czechia and in countries with GDP below the EU average. Slovenia is among countries with relatively small difference between regions.
Employment and the share of the compensation of employees in GDP in 2018 higher
The national accounts estimate that there were a total of 539,170 employed persons in the Zahodna Slovenija cohesion region, which is 3.1% more than in 2017. In the Vzhodna Slovenija cohesion region there were a total of 481,549 employed persons, which is 3.3% more than in 2017.
In 2018 the share of compensation of employees in Slovenia represented 49.9% of GDP. In the Zahodna Slovenija cohesion region the share of the compensation of employees was 50.8% of its GDP (0.6 of a percentage point higher than in 2017) and in the Vzhodna Slovenija cohesion region 48.7% of its GDP (0.3 of a percentage point higher than in 2017).
Revised regional accounts data are released: GDP, GVA, employment, compensation of employees and hours worked. The revision of data was scheduled and it covered the entire period of the regional accounts data, i.e. from 2000 onwards. The differences from the previously published regional accounts data are due to the harmonization with the revised national level data.