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Slovenia's real gross domestic product (GDP) contracted by 2.3% year-on-year in 2012. Seasonally and working days adjusted, the contraction amounted to 2.2%, the Statistics Office said on Thursday reports Slovenia Times.
In nominal terms, Slovenia's GDP amounted to EUR 35.47m (EUR 17,244 per inhabitant) or 2% less than in 2011, according to first estimates.
In the fourth quarter of 2012, the GDP shrank by 3% at the annual level in real terms, while in the third quarter, it contracted by 3.3%. In the second quarter, economic output shed 3.2% after a 0.1% increase in the first three months.
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