Productivity profile of Slovenia

Institute of Macroeconomic Analysis and Development (IMAD): The Institute of Macroeconomic Analysis and Development (IMAD) is an independent government office with a long tradition. Its Director answers directly to the President of Slovenia. In April 2018, the Slovenian Government extended the scope of the Institute’s work to include the functions of “National Productivity Board”. The Institute conducts analysis of productivity and competitiveness developments in Slovenia and prepares annual productivity reports.

Managers’ Association of Slovenia: The association has been supporting the development of management in Slovenia for more than 30 years. By conducting research in the productivity domain, it aims at co-creating the growth of competitiveness in the Slovenian economy and helps to shape the Slovenian society.

Ministry of the Economy, Tourism and Sport: The Ministry of the Economy, Tourism and Sport promotes the further strengthening of the international competitiveness of Slovenian companies and the Slovenian economy. By adopting various measures, it ensures the most stable, predictable and competitive economic environment for the growth and development of Slovenian companies in Slovenian and foreign markets.

IMAD: Productivity Reports (multiple), Analysis of Slovenian companies’ performance, by activity (2020);

Managers' Association of Slovenia: An Action Plan for Higher Productivity Growth (2020);

European Commission: Productivity of Slovenian firms (2018);

OECD: OECD Economic Surveys: Slovenia (multiple), Economic Policy Reforms 2023: Going for Growth - Slovenia, COVID-19 and productivity-enhancing digitalisation: Firm-level evidence from Slovenia (2023), Digitalisation and the labour market: Worker-level evidence from Slovenia (2023). 

Accelerate structural reforms for stronger and more sustainable growth:

• Continue privatisation efforts, particularly in inherently competitive sectors such as tourism, and strengthen the corporate governance of State-Owned Enterprises.
• Make the tax system more growth-friendly by further reducing labour taxes, and increasing consumption and property taxes.

Support the digital transformation of the economy:

• Promote digitalisation in the financial sector through evaluating the regulatory burden, and a closer alignment of FinTech regulations with other European countries.
• Align investment subsidies to reflect actual broadband deployment costs, particularly in underserved areas.
• Introduce input and output benchmarking in program management to evaluate effectiveness Support programmes for the digital transformation of businesses.

Improving skills and mobility for the digital transformation:

• Expand apprenticeships into technical programmes.
• Encourage wage-setting at the firm level and determine framework conditions, such as seniority bonuses and minimum wages at the sectoral level.