Source link : https://europ.info/2026/10/08/slovenia-runs-1-2-bln-euro-budget-deficit-in-jan-sept-seenews/
Slovenia recorded a budget deficit of 1.2 billion euros in the first nine months of 2024, according to data released by the country’s finance ministry. Despite ongoing efforts to contain public spending and boost revenues, the shortfall highlights persistent fiscal challenges amid a complex economic landscape. This development comes as Slovenia navigates inflationary pressures, energy costs, and broader European economic uncertainties.
Slovenia Faces Rising Budget Deficit Amid Economic Challenges
Slovenia’s public finances have experienced increased pressure in the first nine months of the year, with the budget deficit widening to 1.2 billion euros. This marked escalation is attributed to a combination of sluggish economic growth, higher government expenditures, and external factors such as fluctuating energy prices and supply chain disruptions. Despite efforts to balance fiscal discipline with stimulus to support recovery, the gap between state revenues and spending has notably expanded, raising concerns among policymakers and economic analysts alike.
Key contributors to the deficit growth include:
- Increased social welfare payments amid rising inflation and cost of living.
- Higher public investments targeting infrastructure and green energy projects.
- Reduced tax revenues due to slowed business activities in key sectors.
| Category | January-September 2023 | January-September 2022 |
|---|---|---|
| Budget Deficit (€ billion) | 1.2 | 0.8 |
| Tax Revenues (€ billion) | 8.5 | 9.0 |
| Source. —- 1 – 2 – 3 – 4 – 5 – 6 – 7 – 8 |