Slovenia's credit ratings have been reaffirmed by S&P Global Ratings and DBRS Morningstar.
S&P maintains Slovenia's credit rating at AA- with a stable outlook, while DBRS Morningstar rates it as A (high) with a stable outlook.
Both agencies perceive Slovenia as a stable country that navigated the pandemic and subsequent energy crisis with strengthened public finances, a robust economy, and a solid external trade position. These factors have facilitated Slovenia's resilience through the pandemic and continue to mitigate the consequences of the energy crisis. S&P specifically notes the successful diversification of Slovenia's energy sources in the past year, contributing to stability in this sector.
S&P forecasts Slovenia's economic growth to 1.3%. However, European funds' investments and a strong labor market supporting consumption normalization are expected to result in an average annual growth rate of 2.5% in 2024 and 2025. DBRS Morningstar also sees positive impacts on economic growth from European investment financing mechanisms in the coming years.
Source: https://www.gov.si/en/news/2023-06-10-sl
