Fact-Sheet on Slovenia

 Slovenia map

 

Official Name: Republic of Slovenia (Republika Slovenija)
Location: Slovenia shares borders with Hungary to the East, Italy to the West, Croatia to the South and Austria to the North
Capital: Ljubljana
Major Cities: Maribor, Kranj, Ptuj, Celje
Area: 20,273 sq. kms.
Climate: Mediterranean on coast, continental inland
Population: more than two million
Ethnicity: Slovenes 83.06%, Croats 1.81%, Serbs 1.98%, Bosnians 1.10%, Hungarians 0.32%, Albanians 0.31%, Macedonians 0.20%, Roma 0.17%, Montenegrins 0.14%, Italians 0.11% (2002 census)
Religion: Majority Roman Catholics
Language: Slovene
Time Zone: GMT +1 hr

Political structure: Slovenia is a bicameral parliamentary democracy. National Assembly has 90 deputies and has a term of four years. The current President of the National Assembly (Speaker) is Mr. Milan Brglez. The National Council has 40 elected representatives elected for five year term. The present Chairman of the National Council is Mr. Mitja Bervar.

The President of Slovenia is elected for five years for a maximum of two terms. The current President Mr. Borut Pahor was elected on 2 December 2012.

Government: On September 18, 2014, the Parliament endorsed PM.

Miro Cerar's cabinet by 54-25 votes and 6 abstentions. PM Cerar heads a coalition of his party, the Pensioners' Party and the Social Democrats. Snap Parliamentary election, the second early election in three years, was held on 13 July 2014. This came after then PM Alenka Bratusek resigned in May 2014, having lost the contest for leadership of Positive Slovenia (PS) party to Ljubljana Mayor Zoran Jankovic. The main Cabinet Members are:

Prime Minister – Dr. Miro Cerar
Foreign Minister – Mr. Karl Erjavec
Finance Minister – Dr. Dusan Mramor
Interior Minister – Ms. Vesna Gyorkos Znidar
Defence Minister – Ms. Andreja Katič
 

Membership of International and Regional Bodies: Slovenia is a member of UN, OSCE, Council of Europe, IMF, WTO, NATO and EU. Slovenia held the rotating presidency of the EU from Jan-June 2008. Slovenia became member of the Organization for Economic Cooperation and Development (OECD) in June 2010. Slovenia is a member of Schengen Group of countries.

 

Economic Indicators 

Currency : Euro (since January 2007)
GDP Growth Rate : -2.6% in 2013, 2.6% in 2014
GDP (current prices) : Euro 36.93 billion
GDP per capita : Euro 17,550 (2013), 17,986 in 2014
Inflation : 2.6% (2012), 1.8% (2013), 0.2% (2014)
Unemployment : 12.1%(2012), 13.1% (2013), 13.1% (2014)
Global Exports : Euro 23.04 billion 
Global Imports : Euro 22.68 billion 
Principal exports: Motor cars, pharmaceuticals, steel and steel products, Turbines, Home appliances and accessories of motor vehicles, electrical energy.
(Major destination of exports: Germany, Italy, France, Austria, Croatia, Serbia, Russia)
Principal imports: Petroleum oils, motor vehicles for transport of persons, parts and accessories of the motor vehicles, medicaments, petroleum gas and other hydrocarbon and electrical energy.
(Major sources of imports: Germany, Italy, Austria, France, Hungary, Croatia, Netherlands)

 

 

Bilateral Trade 

Trade in goods between Slovenia and India year-wise- Euro Million*

 

2010

2011

2012

2013

2014

Exports to India

71.63 83.63 80.73 71.88 70.52  

Imports from India

175.24 204.63 208.96 210.53 143.43  

Total

246.87 288.26 289.69 282.41 213.95  

Balance in India's Favor

+103.61 +121.00 +128.23 +138.65 +72.91  

*Slovenian sources

 

Main items of export from Slovenia to India include nucleic acids and their salts, flat-rolled products of stainless steel, antibiotics, measuring or checking instruments, appliances and machines, other bars and rods of alloy steel other than stainless, plates, sheets, film, foil and strip of plastics, machines and mechanical appliances, flat-rolled products of alloy steel, waste, parings and scrap of plastics, etc. Main items of imports from India included medicaments, heterocyclic compounds with nitrogen hetero-atoms, petroleum oils and oils obtained from bituminous minerals, nucleic acids and their salts, coffee, sulphonamides, ferro-alloys, aluminum ores and concentrates, electrical transformers, static converters, heterocyclic compounds, antibiotics, etc.

 

Indian Community

Very small of about 150, comprising mainly of persons married to Slovenians and a few IT professionals.


March 2015