GDP is an abbreviation of gross domestic product of a country. Increase in GDP is a good economic indicator and important information for entrepreneurs starting their business in Europe. In the third quarter of 2019, the GDP of Slovenia grew by 2,3% in comparison to the same quarter of 2018.
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Data d.o.o. has a long history in supporting entrepreneurs in starting their business in Slovenia. In addition to company registration, we also assist with accounting services and expert legal consultation.
Increase in GDP in Slovenia – 2,7% in the whole year, 2,3% in the third quarter
In comparison to the GDP in the third quarter of 2018, GDP of Slovenia had an increase of 2,3% for the same quarter in 2019. In the months from January to September 2019, the GDP increased by 2,7% for the same period of last year.
There was an increase in domestic consumption, which amounted to 3,8%. This increase was due to final consumption as well as gross investments. Gross investments increased by 4,4%, where 1,2% was investments to fixed assets.
Slovenia also experienced increase in import (6,7%), which was higher than export, where the increase was 4,5%.
Employment also increased in this quarter by 2,3%. The majority of employment was in processing industry, construction, trading, transport and technical business activities.
Good economic indicators help in reaching the decision for company registration
Increase in GDP is one of the indicators of good business climate. If you decide to open a company in Slovenia, you would be expanding your business to an economically stable country. Additionally, the process of company registration is simple and fast. Non-EU citizens can open an LTD company with 7500€ share capital, Slovenian tax number and a business address in Slovenia.
For more information on company registration in Slovenia, EU, send us an e-mail to [email protected]. You can also contact us over the phone 00386 1 6006 270 or 00386 40 530 718 (Viber, WhatsApp). You can also follow us on Facebook.
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