Slovenia signed a free trade agreement
Posted: Thu Feb 20, 2025 4:15 am
In 1995, Slovenia joined the World Trade Organization, meaning it is a founding member of this organization, which significantly simplified access to foreign markets. In 1997, with the European Union. Between 1993 and 1996, Slovenian exports grew by an average of 3% per year, and between 1997 and 2003, the average annual growth rate increased to 9%. In 1997, Slovenia also received the status of a candidate for the European Union.
Since 1998, it has been in the negotiation phase, which indonesia mobile database ended in 2002, and on May 1, 2004, Slovenia became a member of the European Union, and on January 1, 2007, it joined the eurozone, i.e. its currency became the euro. The average annual growth rate of the Slovenian economy between 2004 and 2008 was 5%. Considering that Slovenia was no longer a poor country at that time, 5% economic growth was a good achievement.
In these 5 years, the average income per capita increased from $15,000 to $28,000. The global economic crisis of 2009 also affected Slovenia, with its economy shrinking by 8%. Stable growth (an average of 4% per year) began in 2013 and continued until 2020, when the pandemic hit. Slovenia has well-developed primary sectors (agriculture and industry) and the service sector. Slovenia has fertile soil and a favorable climate for agriculture, which it uses effectively.
Since 1998, it has been in the negotiation phase, which indonesia mobile database ended in 2002, and on May 1, 2004, Slovenia became a member of the European Union, and on January 1, 2007, it joined the eurozone, i.e. its currency became the euro. The average annual growth rate of the Slovenian economy between 2004 and 2008 was 5%. Considering that Slovenia was no longer a poor country at that time, 5% economic growth was a good achievement.
In these 5 years, the average income per capita increased from $15,000 to $28,000. The global economic crisis of 2009 also affected Slovenia, with its economy shrinking by 8%. Stable growth (an average of 4% per year) began in 2013 and continued until 2020, when the pandemic hit. Slovenia has well-developed primary sectors (agriculture and industry) and the service sector. Slovenia has fertile soil and a favorable climate for agriculture, which it uses effectively.