Industry revenue of »rental and operating of own or leased real estate« in Slovenia 2011-2023

Over the years, Slovenia has witnessed a steady rise in the number of tourist arrivals, due to the growing festivals, events and favorable conditions. This has augured well for the country’s rental and operating of own or leased real estate sector, with many preferring to stay in vacation and short stay rentals, owing to the financial benefits. Therefore, revenues have risen from 297 million U.S. dollars in 2011 to 462 million U.S. dollars in 2019. Additionally, demand for rental apartments has also been rising due to the favorable rental rates in the country. As of 2018, the average rental cost for an apartment in the capital city of Ljubljana amounted to 1.03 thousand U.S. dollars per month, compared the European average of 1.4 thousand U.S. dollars per month. The share of tenants has increased from 18.7 percent in 2008 to over 24 percent in 2017. Interestingly, the country’s buying and selling of own real estate market is witnessing a decline, fuelled by the high house-price-to-income ratio, which stood at 107 percent as of Q1 2019.

Industry revenue of »rental and operating of own or leased real estate« in Slovenia from 2011 to 2023

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Sources

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 “rental and operating of own or leased real estate“ has the code “L682“.

Details on the methodology can be found here.

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