IMF Experts: in 2017, Slovenia’s GDP Will Grow by 2.5%
The International Monetary Fund (IMF) predicts in 2017 the growth of Slovenia’s GDP by 2.5%. Optimistic forecasts are made at the global and pan-European levels. At the same time, the IMF notes the risks caused by the UK exit from the EU and the trends of restricting free trade.
According to IMF experts, Slovenia’s GDP growth will exceed the EU average. Last year, they predicted that in 2017, GDP would increase by 1.8%, and now they say that growth will be 2.5%, which is 0.5% lower than the forecast made in March 2017. In 2018, the IMF assumes a slowdown in Slovenia’s economic growth by 2%.
The expected level of inflation in Slovenia in 2017 will be 1.5%, which is 0.5% more than the October forecast, and next year inflation will reach 2%. In addition, the IMF is optimistic about the Slovenia’s labour market. The planned rate of unemployment this year, as compared to the previous forecast, decreased by 0.9% — down to 7%. In 2018, according to experts, Slovenia will have only 6% of the unemployed able-bodied population.