BAKU, Azerbaijan, August 16. Private consumption had a positive influence on economic activity in Slovenia. It increased by 3.6 percent in the second quarter, which is substantially more than in previous quarters, Trend reports citing the country's Statistical Office.
Expenditure for purchases on the domestic market went up in all product groups, most significantly as regards services (up by 4.5 percent, contributing 1.0 percentage points (p.p.) to GDP volume growth). Expenditure for purchases of durable goods grew by 3.3 percent, of semi-durable goods by 3.7 percent, and of non-durable goods by 1.6 percent.
Expenditure of general government for final consumption decreased by 0.5 percent, mostly due to lower collective consumption (down by 3.9 percent). On the other hand, general government expenditure for individual consumption increased by 1.8 percent.
In total, final consumption increased by 2.4 percent.
Gross capital formation went up by 7.5 percent in total, which is mainly due to the increase in inventories (contributing 1.7 p.p. to GDP growth).
Gross fixed capital formation decreased, yet the decline (by 0.2 percent) was less prominent than in previous quarters. Construction investment was higher by 0.5 percent, which is the first increase after four quarters of decline. Growth was due to higher investment in non-residential buildings and structures (up by 4.9 percent, contributing 0.3 p.p. to GDP growth), while investment in residential buildings continued to decrease (by 10.2 percent in the second quarter, with a negative impact of 0.3 p.p. on GDP growth). Investment in equipment and machinery was also lower compared to the same period of last year, by 1.3 percent in total. Investment in transport equipment decreased by 6.7 percent, while investment in other equipment and machinery increased by 0.6 percent after five quarters of decline.
Exports went down by 0.8 percent in the second quarter. Exports of goods decreased by 1.4 percent, while exports of services grew by 1.6 percent.
Imports were higher by 2.7 percent – of goods by 2.9 percent and of services by 1.8 percent.
Value added of Slovenian economy increased by 0.6 percent in the second quarter of 2025. Most activities contributed to the growth of total value added, most significantly the group of activities public administration, education, human health and social work (2.2 percent growth, contributing 0.3 p.p. to GDP volume growth), construction (after a 6.7 percent decrease in the first quarter up by 3.9 percent in the second quarter, contributing 0.2 p.p. to GDP growth), and professional, scientific, technical, administrative and support services (2.7 percent, contributing 0.2 p.p. to GDP growth).
In manufacturing, value added decreased again (by 1.9 percent, with a −0.4 p.p. impact on GDP). It also went down in financial and insurance activities (by 1.2 percent, with a −0.1 p.p. impact on GDP).
In all remaining groups of activities, value added increased, including those that had recorded a decrease in the first quarter (i.e., trade, transportation and storage, accommodation and food service activities).
Total employment amounted to 1,097,000 persons in the second quarter, which was 4,400 persons fewer or 0.4 percent lower than in the same period last year. As regards the number of persons, the highest decrease was in manufacturing (down by 4,100 persons or 1.9 percent, which was the seventh consecutive decline) and in construction (by 2,300 persons or 2.6 percent; this section of activities has recorded a decline in employment since the second half of 2024), while the highest increase was in the group of activities public administration, education, human health and social work (up by 4,600 persons or 2.1 percent).
By institutional sectors, employment went down in non-financial corporations (by 8,300 persons or 1.4 percent) and in financial corporations (by 100 persons or 0.3 percent). On the other hand, it increased in general government (by 2,800 persons or 1.5 percent) and in the household sector together with the NPISHs (by 1,100 persons or 0.4 percent).
