Slovenia ranks second in economic performance during the COVID 19 pandemic

Slovenia ranked second among the 23 selected members of the Organization for Economic Co operation and Development (OECD), according to the ranking prepared by The Economist on how well countries have been dealing with the economic aspects of the pandemic. According to five criteria chosen by The Economist, Slovenia was second only to Denmark.
The Economist ranks Slovenia 2nd among 23 OECD countries in dealing with pandemic

The Economist ranks Slovenia 2nd among 23 OECD countries in dealing with pandemic | Author Jiri Hera/Shutterstock.com

Analysts of the reputable liberal British weekly ranked the countries according to five criteria, comparing the values from the last quarter of 2019 and the third quarter of last year or the period with latest available data.

The first criterion is real GDP growth, the second real growth in household disposable income, the third growth in share prices according to the most relevant stock market index, the fourth growth in fixed capital formation and the fifth growth in net public debt as a share of GDP.

According to the calculations based on these five indicators, Denmark ranked first, Slovenia was second, followed by Sweden, Norway and Chile. In addition to the above, Ireland, Poland, the Netherlands, the United States, Australia and Canada made the top ten.

Austria, Germany, Japan, the United Kingdom and Spain ranked bottom five, with Spain ranking last.

For Slovenia, The Economist reported a 1.2% real GDP growth, a 10.1% real growth in household disposable income, a 33% growth in share prices, a 6.8% growth in fixed capital formation and an increase in Slovenia's net public debt as a share of GDP by 7.4 percentage points.

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