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Industry revenue of »sale of cars and light motor vehicles« in Slovenia 2011-2023

The automotive industry is the mainstay of many economies in the European Union (EU) and Slovenia is no different, with the manufacture of motor vehicles expected to maintain a steady growth rate during 2017-2022. With a strong umbrella industry, various segments including cars and light motor vehicles are also expected to exhibit a growing trend, increasing from 4.8 billion U.S dollars in 2017 to as much as 6.2 billion U.S dollars in 2023.

Auto spare parts industry declining

Slovenian companies engaged in the manufacturing of automobile components and other spare parts have started to feel the impact of the slowing down of car sales across the EU. Even though most countries are expected to witness increasing sales, growth is expected to be more muted than in the past. Therefore, revenues from the manufacturing of other automobile parts in the country are expected to decline sharply during 2017-2023, falling from 726.4 million U.S dollars to just 144 million U.S dollars.

Nascent indigenous manufacturing

Slovenia has never been one of the major forces in automotive manufacturing with the total number of companies declining from 22 in 2013 to 20 in 2017.

Industry revenue of »sale of cars and light motor vehicles« in Slovenia from 2011 to 2023

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Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Slovenia. The industry “sale of cars and light motor vehicles“ has the code “G4511“.

Details on the methodology can be found here.

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Statistics on "Economic Outlook Slovenia"

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