Regional Ranking:Europe
1
Finland
2
Switzerland
3
Sweden
4
Denmark
5
Norway
8
Netherlands
11
Ireland
12
United Kingdom
13
Belgium
14
Germany
15
Austria
17
France
19
Spain
20
Slovenia
21
Italy
22
Portugal
25
Czech Republic
27=
Hungary
29
Poland
30
Greece
31
Estonia
34
Slovakia
35
Croatia
37
Latvia
46
Bulgaria
48
Romania
59
Macedonia
61=
Ukraine
69=
Russia
69=
Turkey
78
Moldova
85
Belarus
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Sudan
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At 5%, the unemployment rate is relatively low, ranking the country 27th, internationally, while the inflation rate is moderate at 4%. A high domestic
savings rate equivalent to 30% of GDP, coupled with a household expenditure as low as 23% of GDP, hint at low consumer confidence and weak
domestic demand. Defaults occurred in just 2.5% of total loans, which ranks the country at 36th on this variable. Slovenia is ranked 11th in the world
for its low net interest margin of almost two percentage points, indicating some competition in the credit sector. Reliance on raw material exports
is low and revenues from exports relative to the cost of imports are high, indicating strong terms of trade. However, the level of direct foreign
investment is low at 3% of GDP, ranking the country 65th on this variable.
Requiring nine formal procedures for registration, the number of new businesses created in Slovenia in 2007 stood at approximately 3,900, ranking
the country 62nd on this variable of entrepreneurship. The economy has an established services sector, which creates value added equivalent to 64%
of GDP. Only 5% of manufactured exports come from the high-tech sector, placing the country 60th in the global rankings, and the ICT sector
contributes under 3% of total exports, ranking the country 44th on this variable. Internet security in Slovenia is good, with approximately 95 secure
servers per million people, while internet bandwidth ranks Slovenia 57th on this variable. The level of personal computers is also in line with global
averages at almost 41 units per 100 people. Investment in R&D is relatively low, equivalent to 0.7% of Slovenia’s GDP, whilst royalty income is ranked
45th by international comparison, suggesting some success in the area of commercial enterprise.
Slovenians have full political and civil rights allowing them freedom of expression and full participation in democratic processes. There is a high level of open political
competition amongst multiple parties in well-regulated elections, enabling change in voting preferences to influence policy. The largest party in the legislature holds
less than 75% of the seats and the nation benefits from an independent judiciary. Established less than 20 years ago, the regime ranks 56th for political stability.
Slovenia achieves a global ranking of 37th for primary school enrolment, with 95% of eligible students enrolled; class sizes at this level are also very small
with 15 students per teacher, ranking the country 21st on this variable, and there is gender equity in enrolment. Secondary and tertiary enrolment rates
are also high at 95% and 83%, ranking the country 32nd and fifth, respectively. The level of educational expenditure ranks at 17th in the world with an
average of approximately $10,000 per student in primary and secondary education. Workers in Slovenia possess high levels of education with an average
of 5.6 and 4.7 years of secondary and tertiary education, ranking the country 22nd and ninth, respectively, on these variables.
Slovenia ranks at 34th for the number of doctors and nurses, at 24 per 10,000 people. The availability
of hospital beds is at 48 per 10,000 people, ranking the country at a high 29th on this variable. Healthadjusted
life expectancy is high at 69 years, ranking the country 23rd on this variable, and infant
mortality is very low at three deaths per 1,000 births, the seventh lowest rate, internationally. There
is universal access to good sanitation and 86% of the population are satisfied with the water quality.*
Undernourishment is low at 3% of the population, However, 81% of people report to be in good health
and 30% of people describe themselves as having health problems. One-quarter report having
experienced extended periods of pain recently, and 68% of the population report being well rested.*
Slovenia does not face security challenges related to refugees, internally displaced people, or
government violence towards citizens. There are some problems with disturbances related to group
grievances and human flight, but Slovenia ranks well within the top 30 countries on both variables.
There were no casualties from civil war in 2008 and the homicide rate is low at less than two deaths
per 100,000 capita, providing the country with a global ranking of 24th for this measure. Reports of
property theft are very low at 8%, levels of assault are also very low at 3%, and 81% of the population
feel safe walking alone at night, ranking the country in the top 20 for all three variables.*
Respect for rule of law, quality of law enforcement, quality of bureaucracy, and government
effectiveness are all high, ranking the country in the top 25 on these variables. In addition, regulation,
with respect to investment and competition, is strong. The level of political participation is high, with
citizens having freedom to choose and engage in the political process. Consequently, belief in the
honesty of elections is also high, with 77% of respondents having confidence in them, ranking the
country within the top 15 on this variable.* More than three-quarters of the population has confidence
in the military and only 57% of the population believe local government to be corrupt.* However,
80% of people believe local businesses to be corrupt, and only one-third of the population has
confidence in the judicial and court system, providing a global ranking of 85th.*
The population enjoy a high degree of freedom of movement, religion, and expression. An extremely
high 94% are satisfied with the freedom they have to choose in their lives, making Slovenia the fifth
highest ranking nation for this measure.* Tolerance towards ethnic minorities is moderate, with 62%
of people believing the country to be a good destination for ethnic minorities.* However, Slovenia is
less welcoming towards immigrants, with 49% believing the country to be a good place for such groups,
providing a global ranking of only 91st on this variable.*
Whilst only 18% of Slovenians believe others can be trusted, the nation ranks 27th for the importance on friendship, with 94% of people saying they
can rely upon friends and family, the 18th highest rate, globally.* However, the number of people who describe religion as important to their lives
is fairly low, ranking the country 76th, internationally, and indicating limited access to religious support networks.* Voluntary membership in groups
fares well by international comparison: 29% of the population belong to religious organisations, 30% are involved in sports, 17% in arts organisations,
and 7% in environmental organisations, ranking the country within the top 40 in all cases. Over 40% of people have donated money, ranking the
country 29th for this variable, and 44% say that they have helped a stranger, which ranks Slovenia 59th on this variable.* Just under one-third of the
population claim to have volunteered their time in the last reported month, ranking the country 14th on this variable.
* Data taken from the Gallup World Poll