Slovenia's gross foreign debt and imports from Croatia rise in 2015

Slovenia's gross external debt rose to EUR 44.7 billion in 2015, however, its net debt decreased by 2.5 billion euros to EUR 32.7 billion, according to figures from the "Economic Relations with Other Countries" publication issued by the Slovenian National Bank.

The debt of the country's state sector increased due to last year's borrowing of EUR 1.4 billion to refinance previous debts indexed in foreign currencies and to increase the state's interest in some companies.

Slovenia's exports increased by 4.5% in 2015, while imports went up by 2.9%, as a result of which a surplus in the exchange of commodities rose to EUR 1.6 billion, and the coverage of import by export was 107.2%.

Slovenia's exports to the EU accounted for 77% of all exports from that country.

The biggest rise in exports, of 11.7%, was recorded in exports to Slovakia.

As regards imports, imports from Croatia increased the most, by 24.4%, followed by a 23.7% increase in imports from the USA.

The EU sanctions on the Russian Federation affected the Slovenia-Russia trade, and Slovenia's exports into Russia declined by one fifth (20.6%) to EUR 798 million, while imports from Russia were almost halved, going down by 43.8% to EUR 225 million.

Last update: Fri, 24/06/2016 - 08:49

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