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Slovenia

Slovenia profile

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(Last updated: 05 Jun 2009)
 

Current business situation

The Department of Foreign Affairs and Trade (DFAT) provides advice for business travellers and tourists going to Slovenia. This is regularly updated, and should be checked before planning travel.

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Country facts

Capital city: Ljubljana
Surface area: 20,000 sq km
Population: 2 million
Official language(s): Slovene
Head of State:

President HE Dr Danilo Türk

Head of Government: Prime Minister HE Mr Borut Pahor
Australian exports to Slovenia: A$15 million
Australian imports from Slovenia: A$56 million
Slovenia's principal export destinations: Germany, Italy, Croatia
Slovenia's principal import sources: Germany, Italy, Austria
(Source: Department of Foreign Affairs and Trade - Country economic fact sheet)

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Economic climate

Key economic indicators and statistics for 2008: 

  • GDP - US$57 billion
  • GDP per capita - US$28,328
  • Real GDP growth – 4.3 per cent 
  • Inflation – 4.7 per cent 

Slovenia is among the most successful of the countries in transition from socialism to a market economy. Slovenia joined the European Union in May 2004.

(Source: Department of Foreign Affairs and Trade - Country economic fact sheet)

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Political climate

The main legislative body is the National Assembly, with 90 members directly elected for a four-year term. A National Council, elected for five years, with the power only to delay legislation, has 40 members, 22 representing local interests, 12 evenly divided between employers, employees and the self-employed, and six representing non-profit activities in areas such as education and culture.

The president proposes a prime minister to the National Assembly after consultation with parliamentary groups. Final power of appointment of the prime minister and the government rests with the National Assembly. The government is a four-party coalition of the Slovenian Democratic Party (SDS), New Slovenia (NSi), the Slovenian People's Party (SLS) and the Democratic Party of Slovenian Pensioners (DeSUS)

Slovenia proclaimed its constitution in December 1991 and its constitutional system is parliamentary democracy.

The President of the Republic is elected for a maximum of two five-year terms by direct elections.

The National Assembly (Parliament) has legislative authority. Another legislative authority is The National Council, which performs an advisory role. Members are elected for a five-year term, there are 40 members.

The government consists of the Prime Minister and other ministers. The government and the ministers are independent within the framework of their jurisdiction, and responsible to the National Assembly.

The government consists of a coalition between the Liberal Democracy of Slovenia, United List of Social Democrats, Slovenian People's Party and the Democratic Party of Pensioners of Slovenia.

Judicial power in Slovenia is implemented by courts with general responsibilities and specialised courts.

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Trade relations and statistics

Australia and all former SFRY countries have established a succession of the treaties. Also, Slovenia and Australia have concluded the Agreement on Social Security.


Slovenia became a full member of the European Union (EU) as of 1 May 2004.


It is also a member of several trade alliances as follows:

Major Australian exports to Slovenia (2007-08):

  • Aluminium ores and conc (including alumina) – A$10 million
  • Medicaments (Including veterinary) – A$2 million

Major Australian imports from Slovenia (2007-08):

  • Trailers and semi-trailers– A$6 million
  • Rubber tyres, treads and tubes – A$5 million
  • Household-type equipment – A$4 million
  • Plastic plates, sheets and film – A$3 million

(Source: Department of Foreign Affairs and Trade - Country economic fact sheet)

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OECD Guidelines for Multinational Enterprises

Multinational Enterprises should be aware of the OECD Guidelines for Multinational Enterprises that provide voluntary principles and standards for responsible business behaviour in a variety of areas, consistent with applicable domestic laws. These Guidelines are endorsed and promoted by the Australian Government. For more information, go to the ANCP website.

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