## Republic of Slovenia: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Slovenia

_IMF Staff Country Reports, May 15, 2017_

## Source details

**Canonical URL:** [Republic of Slovenia: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Slovenia](https://www.imf.org/en/publications/cr/issues/2017/05/15/republic-of-slovenia-2017-article-iv-consultation-press-release-staff-report-and-statement-44921)

## Other formats

- [Markdown version](/en/publications/cr/issues/2017/05/15/republic-of-slovenia-2017-article-iv-consultation-press-release-staff-report-and-statement-44921/index.md)
- [Structured JSON version](/en/publications/cr/issues/2017/05/15/republic-of-slovenia-2017-article-iv-consultation-press-release-staff-report-and-statement-44921/index.json)
- [Bundle manifest](/en/publications/cr/issues/2017/05/15/republic-of-slovenia-2017-article-iv-consultation-press-release-staff-report-and-statement-44921/bundle-manifest.json)

## Bibliographic details
- Published: May 15, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484300725.002

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### Overview
- This 2017 Article IV Consultation highlights Slovenia’s fourth year of steady economic recovery, following decisive measures to address a looming banking crisis in 2013.
- Output and employment have risen considerably.
- The external position has strengthened, reflecting robust exports and strong tourism.
- The financial system has substantially improved in the past few years.

### Key findings
- Rising domestic demand and continuing strong exports will support projected growth of about 3 percent in 2017.
- Over the medium term, economic growth will converge to the estimated potential GDP growth rate of 1.75 to 2.00 percent.
- Higher growth is possible if policies increase investment, reduce labor skills mismatches, and boost total factor productivity growth.

### Financial sector
- The report emphasizes that the financial system has substantially improved in the past few years following the 2013 banking crisis.
- Nonperforming loans are listed among subjects covered in the report.

### External sector and labor market
- The external position has strengthened, driven by robust exports and strong tourism.
- Employment has risen considerably as part of the recovery.

### Policy implications and recommendations
- Policies that increase investment can raise growth above the medium-term convergence path.
- Reducing labor skills mismatches is recommended to support higher growth.
- Measures to boost total factor productivity growth are highlighted as a route to stronger medium-term growth.

_International Monetary Fund. Republic of Slovenia: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Slovenia_

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2017/cr17125.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2017/cr17125.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2017/05/15/republic-of-slovenia-2017-article-iv-consultation-press-release-staff-report-and-statement-44921_