Slovenia’s gross domestic product grew by 3.0% year-on-year in the first quarter of 2026, up from 2.0% in the previous quarter. This was the strongest expansion since the second quarter of 2022. Growth was primarily driven by higher government spending (3.9% vs. 3.8% in Q4) and robust gross fixed capital formation (12.6% vs. 12.0%). In contrast, household consumption slowed slightly (2.7% vs. 3.0%). Net trade weighed on overall growth, as imports rose by 1.5%, outpacing a 0.7% increase in exports.
On the production side, output continued to increase, particularly in information and communication (6.2% vs. 2.9%), professional, scientific, technical, administrative and support services (4.1% vs. 3.3%), and public administration, education, human health, and social work (2.5% vs. 1.7%). Financial and insurance activities also returned to growth, expanding by 6.6% after a 0.1% decline. On a seasonally adjusted quarterly basis, GDP increased by 0.7%, following a 0.4% rise in the previous quarter.
