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Slovenia

Overview

With solid infrastructure, a well-educated workforce, and a strategic location between the Balkans and Western Europe, Slovenia is building its profile as an outsourcing destination where software development rates are in line with the high quality of skill on offer.

Talent Pool & Education

Described as a “true AI powerhouse”, Slovenia has a rapidly expanding ICT sector, with a growing number of international companies setting up regional hubs in the capital Ljubljana. In the 2022 Digital Economy and Society Index, the country reached its highest overall ranking, above the European average. However, ICT professionals are in short supply, putting pressure on wages.

Language

The official language is Slovene (or Slovenian), with Hungarian and Italian recognised as co-official languages. English is widely taught in schools and spoken by about a third of the population.

Economic Outlook

With a population of 2.1 million, Slovenia is considered one of the most sustainable countries in the world, with a focus on green technology in its entrepreneurial and tech startup scene. However, its strong post-pandemic recovery has been hit by headwinds from the war in Ukraine. Inflationary pressures include historically high employment and widespread labor shortages, combined with rising fuel and food prices. 

Political Conditions

The Freedom Movement’s Robert Golob, a green-liberal politician and former company manager, led his fledgling party to a surprise victory over Janez Janša’s hard-right government when the country went to the polls in April 2022. The shift in political winds has been seen as the rejection of an increasingly authoritarian regime, creating the potential for Slovenia to act as a bridge between Western Balkan countries and the EU.