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Economy of Slovenia vs Zimbabwe compared: GDP & Debt

Updated on by Georank team

Slovenia has a GDP of $72.5B compared to $44.2B for Zimbabwe, ranking 86/197 and 99/197 by economy size, respectively.

Slovenia has $48.6B in government debt (68% of GDP), compared to $41.8B (58.6% of GDP) in Zimbabwe.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Slovenia
GDP, current $

GDP, constant 2015 $
Zimbabwe
GDP, current $

GDP, constant 2015 $
Year GDP
Slovenia Zimbabwe
Current $ Constant $ Current $ Constant $
1960 - - $1,052,990,485 $4,350,191,359
1961 - - $1,096,646,688 $4,624,956,287
1962 - - $1,117,601,690 $4,691,299,938
1963 - - $1,159,511,793 $4,984,240,868
1964 - - $1,217,138,098 $4,929,106,598
1965 - - $1,311,435,906 $5,171,153,857
1966 - - $1,281,749,603 $5,249,917,254
1967 - - $1,397,002,112 $5,689,178,300
1968 - - $1,479,600,019 $5,801,262,791
1969 - - $1,747,998,941 $6,522,257,412
1970 - - $1,884,206,452 $7,994,014,635
1971 - - $2,178,716,475 $8,706,887,816
1972 - - $2,677,729,616 $9,432,151,957
1973 - - $3,309,353,866 $9,677,832,605
1974 - - $3,982,161,721 $10,319,003,882
1975 - - $4,371,301,052 $10,119,720,881
1976 - - $4,318,372,348 $10,166,761,281
1977 - - $4,364,382,451 $9,469,249,965
1978 - - $4,351,600,850 $9,212,924,709
1979 - - $5,177,459,817 $9,516,678,098
1980 - - $6,678,868,738 $10,889,048,165
1981 - - $8,011,374,445 $12,252,947,710
1982 - - $8,539,701,388 $12,575,726,762
1983 - - $7,764,067,625 $12,775,090,445
1984 - - $6,352,126,411 $12,531,423,466
1985 - - $5,637,259,754 $13,401,654,104
1986 - - $6,217,524,201 $13,682,958,727
1987 - - $6,741,215,643 $13,840,413,624
1988 - - $7,814,784,729 $14,885,693,494
1989 - - $8,286,323,367 $15,659,714,790
1990 $19,832,029,087 $27,206,132,648 $8,783,817,407 $16,754,102,247
1991 $14,454,495,059 $24,784,757,479 $8,641,482,396 $17,680,902,722
1992 $14,277,261,541 $23,430,593,235 $6,751,472,744 $16,086,868,547
1993 $14,449,298,372 $24,096,823,248 $6,563,813,829 $16,256,015,317
1994 $16,400,767,070 $25,380,578,071 $6,890,675,555 $17,757,290,653
1995 $21,367,422,159 $26,422,998,604 $7,111,271,273 $17,785,351,734
1996 $21,470,699,363 $27,192,863,782 $8,553,147,289 $19,628,038,096
1997 $20,726,878,752 $28,599,098,755 $8,529,572,287 $20,154,186,142
1998 $22,058,635,314 $29,475,325,366 $6,401,968,715 $20,735,677,098
1999 $22,609,669,084 $31,028,087,571 $6,858,013,652 $20,566,096,369
2000 $20,159,190,702 $32,113,425,072 $6,689,958,139 $19,936,940,457
2001 $20,668,868,707 $33,021,812,644 $6,777,385,246 $20,223,955,722
2002 $23,214,593,516 $34,105,781,288 $6,342,116,911 $18,425,232,321
2003 $29,360,575,032 $35,195,471,632 $5,727,592,261 $15,293,850,319
2004 $34,156,553,313 $36,795,465,565 $5,805,598,867 $14,405,654,147
2005 $35,947,936,824 $38,213,609,800 $5,755,215,663 $13,582,935,180
2006 $39,260,368,837 $40,471,568,430 $5,443,896,938 $13,112,762,532
2007 $47,880,266,543 $43,360,927,308 $5,291,950,526 $12,633,710,460
2008 $55,509,332,322 $44,823,161,262 $4,415,703,156 $10,401,466,939
2009 $49,975,540,955 $41,420,820,596 $9,665,815,601 $11,781,957,805
2010 $47,793,117,241 $41,881,476,947 $12,041,602,762 $14,100,106,033
2011 $51,199,194,599 $42,155,984,116 $14,101,801,031 $16,101,463,201
2012 $46,167,053,954 $40,926,910,456 $17,114,762,914 $18,784,841,116
2013 $47,867,056,859 $40,589,764,219 $19,091,004,042 $19,158,562,814
2014 $49,514,466,380 $41,711,191,731 $19,495,547,523 $19,613,959,113
2015 $42,709,468,275 $42,709,468,275 $19,963,058,858 $19,963,058,858
2016 $44,290,685,824 $44,005,450,730 $20,548,759,858 $20,113,938,470
2017 $48,153,200,135 $46,282,469,721 $51,074,726,484 $21,066,215,031
2018 $53,689,067,640 $48,309,217,703 $34,156,057,417 $22,121,615,842
2019 $53,909,922,736 $50,002,578,163 $25,715,657,177 $20,720,775,635
2020 $53,384,760,135 $47,959,972,370 $26,868,564,055 $19,101,046,520
2021 $61,529,280,461 $51,983,646,951 $27,240,507,842 $20,718,530,621
2022 $59,927,702,746 $53,386,809,690 $32,789,657,378 $21,990,477,716
2023 $69,148,468,417 $54,514,654,619 $35,231,369,343 $23,164,059,016
2024 $72,485,008,929 $55,381,990,841 $44,187,704,410 $23,634,169,921

Economic indicators

Slovenia Zimbabwe
Gross domestic product
$72.5B
2024
$44.2B
2024
GDP rank
86/197
2024
99/197
2024
GDP growth
4.83%
2023-2024
25.4%
2023-2024
GDP per capita
$34,089
2024
$2,656
2024
GDP per capita rank
33/197
2024
144/197
2024
GDP per capita, PPP
$56,531
2024
$3,922
2024
Government debt
$48.6B
2024
$41.8B
2024
Debt-to-GDP ratio
68%
2025
58.6%
2025
Government debt per person
$22,853
2024
$2,513
2024
Government debt per person rank
29/185
2024
111/185
2024
Average annual personal income after taxes
$21,364
2025
$2,797
2025
Market capitalization of domestic companies
$11.4B
2024
$2.46B
1999
Number of billionaires n/a
1
2025
Income share by richest 10%
20.6%
2023
40.5%
2019
Income share by poorest 10%
4.1%
2023
1.9%
2019
Government expenditure, % of GDP
47.5%
2025
19.1%
2025
Consumer prices inflation
1.97%
2023-2024
89%
2024-2025
Central bank interest rate n/a
35%
2024
Unemployment rate
3.7%
2024
9.29%
2023
Population
2124696
17210092

GDP per capita in Slovenia vs Zimbabwe

Slovenia's GDP per capita is $34,089, ranking 33/197, compared to $2,656 in Zimbabwe, ranking 144/197. Adjusted for purchasing power (GDP per capita PPP), Slovenia ranks 35th at $56,531, while Zimbabwe ranks 167th at $3,922.

Slovenia
GDP per capita

GDP per capita, PPP
Zimbabwe
GDP per capita

GDP per capita, PPP
Year Current $
Slovenia Zimbabwe
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $276.4 -
1961 - - $279 -
1962 - - $275.5 -
1963 - - $277 -
1964 - - $281.7 -
1965 - - $294.1 -
1966 - - $278.6 -
1967 - - $294.2 -
1968 - - $302 -
1969 - - $346 -
1970 - - $361 -
1971 - - $405 -
1972 - - $483 -
1973 - - $579 -
1974 - - $674 -
1975 - - $717 -
1976 - - $687 -
1977 - - $677 -
1978 - - $665 -
1979 - - $779 -
1980 - - $949 -
1981 - - $1,068 -
1982 - - $1,095 -
1983 - - $959 -
1984 - - $757 -
1985 - - $649 -
1986 - - $692 -
1987 - - $726 -
1988 - - $815 -
1989 - - $840 -
1990 $9,925 $13,482 $866 $1,803
1991 $7,229 $12,689 $831 $1,917
1992 $7,151 $12,287 $631 $1,734
1993 $7,255 $12,967 $604 $1,768
1994 $8,244 $13,966 $634 $1,970
1995 $10,738 $13,628 $648 $1,996
1996 $10,797 $14,279 $767 $2,206
1997 $10,437 $15,253 $750 $2,261
1998 $11,132 $15,992 $552 $2,307
1999 $11,401 $17,007 $582 $2,284
2000 $10,136 $17,888 $563 $2,243
2001 $10,376 $18,765 $566 $2,311
2002 $11,639 $20,004 $525 $2,118
2003 $14,712 $20,918 $468 $1,771
2004 $17,104 $22,591 $469 $1,695
2005 $17,970 $23,682 $461 $1,633
2006 $19,563 $25,577 $431 $1,605
2007 $23,725 $27,469 $413 $1,568
2008 $27,462 $29,461 $341 $1,300
2009 $24,502 $27,214 $735 $1,461
2010 $23,330 $27,582 $902 $1,741
2011 $24,941 $28,716 $1,037 $1,993
2012 $22,442 $28,787 $1,239 $2,272
2013 $23,237 $29,634 $1,362 $2,475
2014 $24,013 $30,572 $1,372 $2,553
2015 $20,697 $31,345 $1,386 $2,647
2016 $21,448 $33,575 $1,407 $2,797
2017 $23,303 $36,180 $3,448 $7,045
2018 $25,888 $38,620 $2,272 $2,614
2019 $25,814 $42,373 $1,684 $3,211
2020 $25,392 $41,767 $1,730 $3,511
2021 $29,187 $45,914 $1,724 $3,185
2022 $28,374 $51,079 $2,041 $3,560
2023 $32,610 $53,952 $2,156 $3,820
2024 $34,089 $56,531 $2,656 $3,922

Spending and national debt comparison

In 2024, Slovenia's government spending was $33.9B, accounting for 47.5% of its GDP, while Zimbabwe's spent $8.24B, or 19.1% of GDP.

Debt-to-GDP ratio is 68% in Slovenia and 58.6% in Zimbabwe, ranking 61/185 and 86/185, respectively.

Slovenia
Government spending

Government debt
Zimbabwe
Government spending

Government debt
Year % of GDP
Slovenia Zimbabwe
Government spending Government debt Government spending Government debt
1995 53% 18.2% - -
1996 45.2% 21.6% - -
1997 45.4% 22.1% - -
1998 46.4% 22.8% - -
1999 47.2% 23.8% - -
2000 47.8% 26.1% - -
2001 49.2% 26.3% - -
2002 47.8% 27.7% - -
2003 47.6% 27% - -
2004 46.9% 27.1% - -
2005 46.7% 26.6% 15.5% 33.1%
2006 45.7% 26.2% 8.46% 39.4%
2007 43.5% 22.9% 5.06% 44.7%
2008 45.2% 21.9% 3.75% 61.1%
2009 50% 34.9% 11.7% 58.7%
2010 50.7% 38.6% 18.4% 47.6%
2011 51.4% 46.8% 23.2% 42.9%
2012 50% 54.1% 20.6% 38.4%
2013 57.7% 70.8% 20.6% 37%
2014 50.6% 81.1% 20.4% 42.3%
2015 49.5% 83.4% 20.8% 48%
2016 46.9% 79.4% 23.6% 49.9%
2017 44.6% 74.9% 27.9% 68.9%
2018 44.1% 71% 20.3% 48.1%
2019 43.8% 66% 14.3% 82.3%
2020 51.8% 80.2% 13.8% 84.5%
2021 49.9% 74.8% 18.6% 58.2%
2022 47.7% 72.7% 21.5% 99.5%
2023 46.5% 68.4% 20% 96.6%
2024 46.8% 67% 18.6% 94.6%
2025 47.5% 68% 19.1% 58.6%

Government deficit by year

In 2024, Slovenia's government deficit, the difference between spending and revenue, was -$646M, equivalent to -0.89% of GDP. This compares to Zimbabwe's deficit of -$910M, or -2.06% of GDP.

Over the past 20 years, Slovenia recorded a fiscal deficit in 17 of those years, while Zimbabwe ran a deficit in 20 years. On average, Slovenia posted an annual deficit equal to -3.21% of GDP, compared to deficit of -3.07% of GDP for Zimbabwe.

Deficit/surplus
Slovenia

Zimbabwe
Year Deficit/surplus, % of GDP
Slovenia Zimbabwe
1995 -8.19% -
1996 -1.16% -
1997 -2.37% -
1998 -2.39% -
1999 -3.04% -
2000 -3.77% -
2001 -4.58% -
2002 -2.47% -
2003 -2.66% -
2004 -1.98% -
2005 -1.38% -5.12%
2006 -1.26% -2.07%
2007 -0.08% -2.47%
2008 -1.44% -1.77%
2009 -5.87% -2.06%
2010 -5.56% -0.15%
2011 -6.69% -2.45%
2012 -4.2% -0.18%
2013 -11.2% -0.97%
2014 -4.53% -1.02%
2015 -2.84% -2.04%
2016 -2% -6.59%
2017 0.05% -10.4%
2018 0.9% -5.57%
2019 0.68% -2.64%
2020 -7.68% -0.49%
2021 -4.61% -3.22%
2022 -3.01% -4.88%
2023 -2.57% -5.32%
2024 -0.89% -2.06%
2025 -2.46% -0.5%

Inflation comparison by year

Over the past 29 years, Slovenia has recorded an average annual inflation rate of 3.92%, compared with 90.4% in Zimbabwe. In 2024, inflation was 1.97% in Slovenia and 89% in Zimbabwe.

Inflation
Slovenia

Zimbabwe
Year Inflation
Slovenia Zimbabwe Slovenia Zimbabwe
1996 9.86% 6%
1997 8.36% -1%
1998 7.89% -28%
1999 6.16% -13.4%
2000 8.91% 4.5%
2001 8.38% -37.2%
2002 7.48% -34.4%
2003 5.54% -8.6%
2004 3.59% 113.6%
2005 2.45% -31.5%
2006 2.46% 33%
2007 3.66% -72.7%
2008 5.65% 157%
2009 0.84% 6.2%
2010 1.8% 3%
2011 1.8% 3.5%
2012 2.6% 3.7%
2013 1.77% 1.6%
2014 0.2% -0.2%
2015 -0.53% -2.4%
2016 -0.05% -1.6%
2017 1.43% 0.9%
2018 1.74% 10.6%
2019 1.63% 255.3%
2020 -0.05% 557%
2021 1.92% 98.5%
2022 8.83% 193.4%
2023 7.45% 667%
2024 1.97% 736%
2025 - 89%

Top exports between countries

Slovenia
Export category Export value
Chemicals & pharma $374K
Metals $72K
Textiles & consumer goods $49K
Processed food, beverages & tobacco $36K
Machinery & equipment $11K
Raw materials & minerals $5K
Zimbabwe
Export category Export value
Raw materials & minerals $223K

Balance of trade

Slovenia Zimbabwe
Current account balance
$3.23B
2024
$134M
2023
Current account balance ranking
38/189
2024
64/189
2023
Current account balance, % of GDP
+4.46%
2024
+0.38%
2023
Goods imports
$45B
2024
$8.66B
2023
Goods exports
$45.6B
2024
$7.2B
2023
Service imports
$9.59B
2024
$1.64B
2023
Service exports
$13.5B
2024
$399M
2023
Imports of goods and services, % of GDP
74.9%
2024
30.6%
2024
Exports of goods and services, % of GDP
81.5%
2024
22.1%
2024

Economic freedom indices

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

Slovenia Zimbabwe
Economic freedom 68.3 35.1
Economic freedom ranking 49/197 191/197
Property rights 88.4 20.7
Government integrity 64.4 20.7
Judicial effectiveness 91.8 15.8
Tax burden 56.6 73.6
Government spending 30.9 87.6
Fiscal health 72.2 44.4
Business freedom 78.5 39.3
Labor freedom 64.5 33.2
Monetary freedom 72.9 0
Trade freedom 79.6 50.4
Investment freedom 70 25
Financial freedom 50 10

Economic freedom by year comparison

The Economic Freedom Index for Slovenia is 68.3, ranking 49/197, compared to 35.1 for Zimbabwe, ranking 191/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Slovenia
Zimbabwe
Year Economic freedom index
Slovenia Zimbabwe
1995 - 48.5
1996 50.4 46.7
1997 55.6 48
1998 60.7 44.6
1999 61.3 47.2
2000 58.3 48.7
2001 61.8 38.8
2002 57.8 36.7
2003 57.7 36.7
2004 59.2 34.4
2005 59.6 35.2
2006 61.9 33.5
2007 59.6 32
2008 60.2 29.5
2009 62.9 22.7
2010 64.7 21.4
2011 64.6 22.1
2012 62.9 26.3
2013 61.7 28.6
2014 62.7 35.5
2015 60.3 37.6
2016 60.6 38.2
2017 59.2 44
2018 64.8 44
2019 65.5 40.4
2020 67.8 43.1
2021 68.3 39.5
2022 70.5 33.1
2023 68.5 39
2024 65.9 38.2
2025 68.3 35.1

More economic indicators

Slovenia Zimbabwe
Services, % of GDP
58.2%
2024
55.8%
2024
Industry, % of GDP
28.8%
2024
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
1.49%
2024
5.44%
2024
GNI, Atlas method
$67.3B
2024
$37.6B
2024
GNI per capita, PPP
$55,870
2024
$3,880
2024
Total reserves including gold
$2.83B
2024
$485M
2024
Total reserves ranking
118/177
2024
157/177
2024
Net foreign direct investment
-$551M
2024
-$558M
2023
Net inflows of foreign direct investment
$1.95B
2024
$597M
2024
Net outflows of foreign direct investment
$1.4B
2024
$131M
2024
Servicing debt to the IMF, % of GNI
n/a
3.34%
2023
Poverty at national poverty lines
12.7%
2022
38.3%
2019
Gross capital formation, % of GDP
21.2%
2024
4.47%
2024

GDP per capita map

GDP per capita

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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.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

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.