Country Risk Rating

A3
Changes in generally good but somewhat volatile political and economic environment can affect corporate payment behavior. A basically secure business environment can nonetheless give rise to occasional difficulties for companies. Corporate default probability is quite acceptable on average. - Source: Coface
A1A2A3A4BCDEVery Low RiskAcceptable RiskVery High Risk

Business Climate Rating

A1
The business environment is very good. Corporate financial information is available and reliable. Debt collection is efficient. Institutional quality is very good. Intercompany transactions run smoothly in environments rated A1.
A1A2A3A4BCDEVery Low RiskAcceptable RiskVery High Risk

Strengths

  • Member of NATO (since 2004), the Eurozone (since 2007) and the OECD (since 2010)
  • Diversified economy (automotive, pharmaceuticals, electrics, electronics, tourism)
  • Russia is only a small trade partner of Slovenia
  • Integrated in the European production chain

Weaknesses

  • In winter 2022-23, very dependent on energy imports, and, due to domestic hydro-power plants, dependent on the weather
  • Ageing population and demographic growth at a standstill, resulting in labour shortage
  • Inefficient state-owned companies
  • Slow administrative and judicial procedures

Current Trends

Source:

Coface (04/2023)
Slovenia