Skip to content

Economy of Slovenia vs Venezuela compared: GDP & Debt

Updated on by Georank team

Slovenia has a GDP of $73B compared to $120B for Venezuela, ranking 86/197 and 65/197 by economy size, respectively.

Slovenia has $48.6B in government debt (66.6% of GDP), compared to $197B (164.3% of GDP) in Venezuela.

Slovenia vs Venezuela GDP by year

Slovenia
Venezuela
1x
Year GDP, current $
Slovenia Venezuela
2024 $72,972,015,197 $119,802,963,258
2023 $69,255,264,238 $102,376,526,556
2022 $59,899,117,741 $89,013,255,585
2021 $61,540,813,362 $56,614,976,855
2020 $53,384,760,135 $42,838,020,721
2019 $53,909,922,736 $73,014,084,091
2018 $53,689,067,640 $102,021,093,965
2017 $48,153,200,135 $115,883,275,163
2016 $44,290,685,824 $112,915,034,262
2015 $42,709,468,275 $125,449,241,571
2014 $49,514,466,380 $214,689,614,733
2013 $47,867,056,859 $258,930,655,486
2012 $46,167,053,954 $372,592,062,768
2011 $51,199,194,599 $316,482,190,800
2010 $47,793,117,241 $393,192,354,511
2009 $49,975,540,955 $329,787,628,928
2008 $55,509,332,322 $315,953,388,511
2007 $47,880,266,543 $230,364,012,576
2006 $39,260,368,837 $183,477,522,124
2005 $35,947,936,824 $145,513,489,652
2004 $34,156,553,313 $112,451,400,425
2003 $29,360,575,032 $83,620,628,582
2002 $23,214,593,516 $92,893,587,734
2001 $20,668,868,707 $122,911,036,747
2000 $20,159,190,702 $117,146,466,003
1999 $22,609,669,084 $97,972,842,462
1998 $22,058,635,314 $91,336,763,255
1997 $20,726,878,752 $85,837,678,560
1996 $21,470,699,363 $70,543,211,119
1995 $21,367,422,159 $77,389,487,770
1994 $16,400,767,070 $58,418,666,667
1993 $14,449,298,372 $60,037,460,783
1992 $14,277,261,541 $60,416,519,620
1991 $14,454,495,059 $53,453,444,787
1990 $19,832,029,087 $48,606,952,195
1989 - $43,536,709,104
1988 - $60,226,413,793
1987 - $48,029,034,483
1986 - $60,516,123,711
1985 - $61,965,466,667
1984 - $59,867,743,468
1983 - $67,556,279,070
1982 - $67,736,744,186
1981 - $66,327,441,860
1980 - $59,116,511,628
1979 - $48,310,930,233
1978 - $39,316,279,070
1977 - $36,210,697,674
1976 - $31,419,534,884
1975 - $27,464,651,163
1974 - $26,100,930,233
1973 - $17,035,581,395
1972 - $13,977,727,273
1971 - $12,986,590,909
1970 - $11,561,111,111
1969 - $10,285,111,111
1968 - $10,034,444,444
1967 - $9,250,000,000
1966 - $8,781,333,333
1965 - $8,427,777,778
1964 - $8,192,413,793
1963 - $9,608,717,288
1962 - $8,814,309,884
1961 - $8,067,267,031
1960 - $7,663,938,303

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/slovenia/venezuela | CC BY

GDP per capita in Slovenia vs Venezuela by year

Slovenia
GDP per capita

GDP per capita, PPP
Venezuela
GDP per capita

GDP per capita, PPP
1x
Year Current $
Slovenia Venezuela
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $34,301 $57,186 $4,218 -
2023 $32,660 $56,064 $3,617 -
2022 $28,360 $52,347 $3,155 -
2021 $29,193 $45,914 $2,005 -
2020 $25,392 $41,767 $1,506 -
2019 $25,814 $42,373 $2,523 -
2018 $25,888 $38,620 $3,423 -
2017 $23,303 $36,180 $3,791 -
2016 $21,448 $33,575 $3,670 -
2015 $20,697 $31,336 $4,103 -
2014 $24,013 $30,572 $7,096 -
2013 $23,237 $29,634 $8,656 -
2012 $22,442 $28,787 $12,607 -
2011 $24,941 $28,716 $10,844 $21,241
2010 $23,330 $27,579 $13,646 $20,236
2009 $24,502 $27,229 $11,597 $20,562
2008 $27,462 $29,461 $11,262 $21,402
2007 $23,725 $27,468 $8,332 $20,236
2006 $19,563 $25,571 $6,739 $18,399
2005 $17,970 $23,682 $5,432 $16,511
2004 $17,104 $22,588 $4,269 $14,757
2003 $14,712 $20,916 $3,230 $12,359
2002 $11,639 $20,004 $3,652 $13,375
2001 $10,376 $18,763 $4,920 $14,714
2000 $10,136 $17,892 $4,776 $14,174
1999 $11,401 $17,007 $4,071 $13,623
1998 $11,132 $15,994 $3,870 $14,568
1997 $10,437 $15,257 $3,711 $14,655
1996 $10,797 $14,284 $3,113 $13,824
1995 $10,738 $13,637 $3,487 $13,890
1994 $8,244 $13,975 $2,689 $13,370
1993 $7,255 $12,976 $2,825 $13,702
1992 $7,151 $12,296 $2,907 $13,652
1991 $7,229 $12,698 $2,633 $12,880
1990 $9,925 $13,491 $2,452 $11,628
1989 - - $2,250 -
1988 - - $3,191 -
1987 - - $2,611 -
1986 - - $3,376 -
1985 - - $3,549 -
1984 - - $3,520 -
1983 - - $4,079 -
1982 - - $4,202 -
1981 - - $4,228 -
1980 - - $3,874 -
1979 - - $3,257 -
1978 - - $2,727 -
1977 - - $2,585 -
1976 - - $2,309 -
1975 - - $2,078 -
1974 - - $2,034 -
1973 - - $1,367 -
1972 - - $1,155 -
1971 - - $1,106 -
1970 - - $1,015 -
1969 - - $932 -
1968 - - $938 -
1967 - - $893 -
1966 - - $876 -
1965 - - $869 -
1964 - - $874 -
1963 - - $1,060 -
1962 - - $1,007 -
1961 - - $954 -
1960 - - $939 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/slovenia/venezuela | CC BY

Slovenia's GDP per capita is $34,301, ranking 34/197, compared to $4,218 in Venezuela, ranking 128/197. Adjusted for purchasing power (GDP per capita PPP), Slovenia ranks 37th at $57,186, while Venezuela ranks 93rd at $21,241.

Economic indicators

Slovenia Venezuela
Gross domestic product
$73B
2024
$120B
2024
GDP rank
86/197
2024
65/197
2024
GDP growth
1.73%
2023-2024
5.3%
2023-2024
GDP per capita
$34,301
2024
$4,218
2024
GDP per capita rank
34/197
2024
128/197
2024
GDP per capita, PPP
$57,186
2024
$21,241
2011
GDP per capita PPP rank
37/197
2024
93/197
2011
Government debt
$48.6B
2024
$197B
2024
Debt-to-GDP ratio
66.6%
2024
164.3%
2024
Government debt per person
$22,842
2024
$6,931
2024
Government debt per person rank
29/185
2024
69/185
2024
Average annual personal income after taxes
$22,215
2026
$3,792
2026
Market capitalization of domestic companies
$11.4B
2024
$3.98B
2002
Number of billionaires n/a
1
2025
Income share by richest 10%
20.6%
2023
33.2%
2006
Income share by poorest 10%
4.1%
2023
1.2%
2006
Government expenditure, % of GDP
46.5%
2024
17.6%
2024
Consumer prices inflation
1.97%
2023-2024
49%
2023-2024
Central bank interest rate n/a
58.4%
2025
Unemployment rate
3.7%
2024
7.53%
2020
Population
2124138
28661242

Spending and national debt comparison by year

Slovenia
Spending

Debt
Venezuela
Spending

Debt
1x
Year % of GDP
Slovenia Venezuela
Government spending Government debt Government spending Government debt
2024 46.5% 66.6% 17.6% 164.3%
2023 46.4% 68.3% 13.1% 138.5%
2022 47.7% 72.8% 15.1% 164.4%
2021 49.9% 74.8% 13.1% 254.2%
2020 51.8% 80.2% 11.2% 337%
2019 43.8% 66% 21% 206%
2018 44.1% 71% 37.9% 175.3%
2017 44.6% 74.9% 21.8% 133.6%
2016 46.9% 79.4% 19.7% 138.4%
2015 49.5% 83.4% 22.9% 129.8%
2014 50.6% 81.1% 31.6% 84.9%
2013 57.7% 70.8% 36.5% 85.4%
2012 50% 54.1% 38% 58.4%
2011 51.4% 46.8% 39.4% 52.5%
2010 50.7% 38.6% 31.1% 37.7%
2009 50% 34.9% 33.3% 27.6%
2008 45.2% 21.9% 34.9% 20.3%
2007 43.5% 22.9% 35.9% 26.4%
2006 45.7% 26.2% 39.3% 25.7%
2005 46.7% 26.6% 33.5% 34.9%
2004 46.9% 27.1% 31.9% 41.8%
2003 47.6% 27% 32.2% 56%
2002 47.8% 27.7% 31% 48.2%
2001 49.2% 26.3% 31.9% 30.7%
2000 47.8% 26.1% 28.3% 27.7%
1999 47.2% 23.8% 26.1% 29.6%
1998 46.4% 22.8% 28.8% 30.7%
1997 45.4% 22.1% 31% 34.8%
1996 45.2% 21.6% 27.7% 45.9%
1995 53% 18.2% 32.9% 45.9%
1994 - - 42.2% 63.9%
1993 - - 27.7% 57.7%
1992 - - 30.6% 54.8%
1991 - - 33.9% 62.2%
1990 - - 31.9% 63.3%
1989 - - 32.5% 61.8%
1988 - - 33.2% 46.3%
1987 - - 25.1% 58.3%
1986 - - 21.5% 45.9%
1985 - - 20.3% 34.1%
1984 - - 19.7% 36.4%
1983 - - 25.3% 21.4%
1982 - - 29% 18.6%
1981 - - 29.6% 18.9%
1980 - - 22% 16.6%
1979 - - 22.3% 19.2%
1978 - - 29.2% 16.6%
1977 - - 30.6% 12.7%
1976 - - 26.6% 9.64%
1975 - - 33.8% 8.31%
1974 - - 35.3% 7.72%
1973 - - 20% 9.78%
1972 - - 21.3% 10.6%
1971 - - 19.6% 9.64%
1970 - - 19.5% 10.6%
1969 - - 21% 9.91%
1968 - - 19.8% 7.84%
1967 - - 19.8% 6.74%
1966 - - 19.1% 5.84%
1965 - - 18.7% 5.46%
1964 - - 17.9% 4.95%
1963 - - 18.7% 6.3%
1962 - - 17.6% 7.24%
1961 - - 11.8% 8.79%
1960 - - 23.7% 8.28%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1997, retrieved 2026-02-20).

GeoRank.org/economy/slovenia/venezuela | CC BY

In 2024, Slovenia's government spending was $33.9B, accounting for 46.5% of its GDP, while Venezuela spent $21.1B, or 17.6% of GDP.

Debt-to-GDP ratio is 66.6% in Slovenia and 164.3% in Venezuela, ranking 66/185 and 5/185, respectively.

Government deficit by year

Deficit/surplus
Slovenia

Venezuela
1x
Year Deficit/surplus, % of GDP
Slovenia Venezuela
2024 -0.93% -3.6%
2023 -2.59% -1.25%
2022 -3.02% -5.29%
2021 -4.61% -5.85%
2020 -7.68% -6.63%
2019 0.68% -10.9%
2018 0.9% -31%
2017 0.05% -13.3%
2016 -2% -8.46%
2015 -2.84% -8.06%
2014 -4.53% -9.81%
2013 -11.2% -10.4%
2012 -4.2% -9.86%
2011 -6.69% -8.24%
2010 -5.56% -4.74%
2009 -5.87% -8.69%
2008 -1.44% -3.46%
2007 -0.08% -2.82%
2006 -1.26% -1.6%
2005 -1.38% 4.09%
2004 -1.98% 2.47%
2003 -2.66% 0.17%
2002 -2.47% -1.48%
2001 -4.58% -4.59%
2000 -3.77% 4.45%
1999 -3.04% 0.74%
1998 -2.39% -4.49%
1997 -2.37% 2.58%
1996 -1.16% 7.94%
1995 -8.19% -5.86%
1994 - -11.2%
1993 - -2.92%
1992 - -6.37%
1991 - -2.28%
1990 - 3.84%
1989 - -0.91%
1988 - -9.24%
1987 - -7.47%
1986 - 0.82%
1985 - 6.97%
1984 - 5.33%
1983 - 1.24%
1982 - -0.17%
1981 - 4.74%
1980 - 4.41%
1979 - -3.07%
1978 - -5.44%
1977 - -4.69%
1976 - 1.65%
1975 - 0.88%
1974 - 2.76%
1973 - 1.98%
1972 - 0.42%
1971 - 0.78%
1970 - -1.22%
1969 - -2.17%
1968 - -0.32%
1967 - 0.51%
1966 - 0.23%
1965 - 0.39%
1964 - 1.91%
1963 - 1.92%
1962 - 2.14%
1961 - -1.91%
1960 - -4.08%
1959 - -4.98%
1958 - -4.86%
1957 - 6.7%
1956 - 0.76%
1955 - 0.38%
1954 - 1.84%
1953 - 0.03%
1952 - -0.5%
1951 - -0.24%
1950 - -0.23%
1949 - 0.15%
1948 - 1.27%
1947 - 0.09%
1946 - -0.9%
1945 - 2.9%
1944 - 1.85%
1943 - -0.27%
1942 - 0.2%
1941 - 0.01%
1940 - -1.07%
1939 - -0.78%
1938 - 0.68%
1937 - 0.73%
1936 - -0.52%
1935 - -2.23%
1934 - 1.34%
1933 - 1.03%
1932 - 0.51%
1931 - 1.02%
1930 - -2.03%
1929 - -0.34%
1928 - -0.68%
1927 - 1.55%
1926 - 0.14%
1925 - 0.54%
1924 - 0.37%
1923 - 1.32%
1922 - 1.57%
1921 - -0.97%
1920 - -1.75%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1920–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/slovenia/venezuela | CC BY

In 2024, Slovenia's government deficit, the difference between spending and revenue, was $681M, equivalent to 0.93% of GDP. This compares to Venezuela's deficit of $4.31B, or 3.6% of GDP.

Over the past 30 years, Slovenia recorded a fiscal deficit in 27 of those years, while Venezuela ran a deficit in 23 years. On average, Slovenia posted an annual deficit equal to 3.23% of GDP, compared to deficit of 4.93% of GDP for Venezuela.

Inflation comparison by year

Inflation
Slovenia

Venezuela
1x
Year Consumer prices inflation
Slovenia Venezuela
2024 1.97% 49%
2023 7.45% 338%
2022 8.83% 186.5%
2021 1.92% 1,589%
2020 -0.05% 2,355%
2019 1.63% 19,906%
2018 1.74% 65,374%
2017 1.43% 438%
2016 -0.05% 254.9%
2015 -0.53% 121.7%
2014 0.2% 62.2%
2013 1.77% 40.6%
2012 2.6% 21.1%
2011 1.8% 26.1%
2010 1.8% 28.2%
2009 0.84% 26%
2008 5.65% 31.4%
2007 3.66% 18.7%
2006 2.46% 13.7%
2005 2.45% 16%
2004 3.59% 21.7%
2003 5.54% 31.1%
2002 7.48% 22.4%
2001 8.38% 12.5%
2000 8.91% 16.2%
1999 6.16% 23.6%
1998 7.89% 35.8%
1997 8.36% 50%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/slovenia/venezuela | CC BY

Over the past 28 years, Slovenia has recorded an average annual inflation rate of 3.71%, compared with 3,254% in Venezuela. In 2024, inflation was 1.97% in Slovenia and 49% in Venezuela.

Top exports between countries

Slovenia
Export category Export value
Machinery & equipment $1.26M
Textiles & consumer goods $610K
Wood & paper products $426K
IT & IP services $139K
Business & finance services $133K
Chemicals & pharma $76K
Miscellaneous $54K
Raw materials & minerals $35K
Metals $3K
Venezuela
Export category Export value
Chemicals & pharma $5.83M
Machinery & equipment $9K

Balance of trade

Slovenia Venezuela
Current account balance
$3.32B
2024
-$3.87B
2016
Current account balance ranking
37/190
2024
161/190
2016
Current account balance, % of GDP
+4.55%
2024
-3.43%
2016
Goods imports
$45.2B
2024
$16.3B
2016
Goods exports
$45.6B
2024
$27.4B
2016
Service imports
$9.52B
2024
$9.47B
2016
Service exports
$13.6B
2024
$1.28B
2016
Imports of goods and services, % of GDP
74.7%
2024
9.22%
2024
Exports of goods and services, % of GDP
80.9%
2024
16.9%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Slovenia Venezuela
Economic freedom 69.7 27.3
Economic freedom ranking 40/197 194/197
Property rights 87.6 0
Government integrity 66.1 6.9
Judicial effectiveness 91.6 5.1
Tax burden 55.5 73.4
Government spending 34.1 93
Fiscal health 83.5 29.1
Business freedom 78.7 31.1
Labor freedom 62.7 35.5
Monetary freedom 77.5 0
Trade freedom 79.4 43.2
Investment freedom 70 0
Financial freedom 50 10

Economic freedom comparison by year

Slovenia
Venezuela
1x
Year Economic freedom index
Slovenia Venezuela
2026 69.7 27.3
2025 68.3 27.6
2024 65.9 28.1
2023 68.5 25.8
2022 70.5 24.8
2021 68.3 24.7
2020 67.8 25.2
2019 65.5 25.9
2018 64.8 25.2
2017 59.2 27
2016 60.6 33.7
2015 60.3 34.3
2014 62.7 36.3
2013 61.7 36.1
2012 62.9 38.1
2011 64.6 37.6
2010 64.7 37.1
2009 62.9 39.9
2008 60.2 44.7
2007 59.6 47.9
2006 61.9 44.6
2005 59.6 45.2
2004 59.2 46.7
2003 57.7 54.8
2002 57.8 54.7
2001 61.8 54.6
2000 58.3 57.4
1999 61.3 56.1
1998 60.7 54
1997 55.6 52.8
1996 50.4 54.5
1995 - 59.8

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/slovenia/venezuela | CC BY

The Economic Freedom Index for Slovenia is 69.7, ranking 40/197, compared to 27.3 for Venezuela, ranking 194/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Slovenia Venezuela
Services, % of GDP
57.9%
2024
51.7%
2014
Industry, % of GDP
29.1%
2024
37.2%
2014
Agriculture, forestry, and fishing, % of GDP
1.54%
2024
5.03%
2014
GNI, Atlas method
$67.6B
2024
$109B
2024
GNI per capita, PPP
$56,520
2024
$20,800
2011
Total reserves including gold
$2.83B
2024
$9.79B
2017
Total reserves ranking
118/177
2024
77/177
2017
Net foreign direct investment
-$405M
2024
-$27M
2016
Net inflows of foreign direct investment
$1.87B
2024
$1.63B
2024
Net outflows of foreign direct investment
$1.46B
2024
$2.6B
2024
Poverty at national poverty lines
12.7%
2022
33.1%
2015
Gross capital formation, % of GDP
21.5%
2024
4.9%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/slovenia/venezuela | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1920–1997, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2011–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.