Germany Germany vs Slovenia Slovenia development indicators, 2024

Indicator
Germany
Germany, Value
Slovenia
Slovenia, Value
Germany
Germany, Rank
Slovenia
Slovenia, Rank
Germany Germany as % of
Slovenia Slovenia
Current account balance (% of GDP) 5.73 4.46 18 25 129 %
Exports of goods and services (% of GDP) 42.1 81.5 53 12 51.6 %
Foreign direct investment, net inflows (% of GDP) 1.02 2.69 73 44 37.9 %
GDP per capita (current US$) 55,800 34,089 17 36 164 %
GDP per capita, PPP (current international US$) 72,300 56,531 18 34 128 %
Imports of goods and services (% of GDP) 38.2 74.9 75 16 51 %
Inflation, consumer prices (annual %) 2.26 1.97 103 115 115 %
Net migration 36,954 3,319 29 60 1,113 %
Population, total 83,510,950 2,126,324 19 148 3,927 %

Demography and Health

Germany has a higher crude birth rate at 8.3 compared to Slovenia's 8, ranking 54th to Slovenia's 64th. However, Germany's crude death rate is higher at 12.3, while Slovenia's is 10.2, placing Germany 27th in this metric compared to Slovenia's 49th. Life expectancy at birth is slightly lower in Germany at 80.5 years compared to Slovenia's 82 years, ranking Germany 49th and Slovenia 24th, respectively. In terms of childhood mortality, Germany has a mortality rate of 3.7 under-5 deaths per 1,000 live births, while Slovenia performs better with 2.2, ranking 32nd and 79th, respectively. The prevalence of undernourishment is equal in both countries at 2.5%. Lastly, Germany’s current health expenditure is higher at 11.8% of GDP compared to Slovenia's 9.4%, reflecting a more substantial investment in the healthcare system.

Economy

Germany's GDP per capita stands at $55,800, significantly higher than Slovenia's $34,089, ranking 22nd and 52nd respectively in global terms. In terms of purchasing power parity (PPP), Germany again leads with $72,300 to Slovenia's $56,531, ranking 15th versus 49th. Germany's exports of goods and services account for 42.1% of its GDP, whereas Slovenia boasts a much higher 81.5%, giving it a strong rank of 34 compared to Germany's 88. Meanwhile, Germany has lower imports as a percentage of GDP, at 38.2% versus Slovenia's 74.9%. Inflation rates are relatively low in both countries, with Germany reporting 2.3% while Slovenia is slightly lower at 2%.

Trade and Investment

Germany is a leader in high-technology exports, boasting $255.7 billion compared to Slovenia's modest $4.2 billion, placing Germany at 1st in this category while Slovenia ranks 51st. Foreign direct investment (FDI) net inflows as a percentage of GDP are also favorable for Slovenia at 2.7%, compared to Germany's 1%, where it ranks 65th versus Germany's 85th. The current account balance is slightly better for Germany at 5.7% of GDP compared to Slovenia's 4.5%, giving Germany a rank of 22nd while Slovenia stands at 27th.

Governance and Institutions

Germany outperforms Slovenia in most governance metrics. In the Control of Corruption index, Germany scores 1.7, ranking 19th compared to Slovenia's 0.8, which ranks 36th. Similarly, in terms of Government Effectiveness, Germany stands at 1.2 and ranks 29th, while Slovenia has a score of 1, ranking 39th. The Rule of Law index shows Germany at 1.6 (21st) compared to Slovenia's 1 (44th). However, Slovenia ranks higher in Political Stability and Absence of Violence/Terrorism at 0.8 (22nd) versus Germany's 0.6 (52nd). Additionally, Germany has a lower unemployment rate at 3.1% compared to Slovenia's 3.7%, ranking 75th versus 66th.

Infrastructure and Technology

Germany excels in logistics performance, with a score of 4.3, ranking 1st globally, while Slovenia's score of 3.6 places it at 13th. Germany’s higher spending on research and development, at 3.1% of GDP, compared to Slovenia's 2.1%, indicates a stronger emphasis on innovation, ranking Germany 7th and Slovenia 18th in R&D expenditure. Additionally, the number of patent applications from residents shows Germany's strength in innovation, with 39,822 compared to Slovenia's 222, achieving ranks of 1st and 17th, respectively.

Environment and Sustainability

Germany's renewable energy consumption stands at 17.6% of total final energy consumption, which is lower than Slovenia's 23.4%, placing Germany 17th and Slovenia 11th. In terms of water stress, Germany experiences more pressure with 35.4% of available freshwater resources withdrawn, compared to Slovenia’s more sustainable 6.3%, placing Germany 5th and Slovenia 21st. However, Germany's total greenhouse gas emissions per capita are slightly higher, at 8.1 tons compared to Slovenia's 7.5 tons, resulting in ranks of 36th and 43rd, respectively. Overall, Slovenia appears to have taken a more sustainable approach to many environmental metrics.