Software Outsourcing Readiness
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.
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. However, the country is facing a shortage of qualified workers, especially in high-tech industries, as young talent migrate across the EU in search of higher wages.
The official language is Slovene (or Slovenian), with Hungarian and Italian recognised as co-official languages. English is widely taught in schools and a 2018 report found Slovenians had the highest level of English proficiency of any country in emerging Europe.
The first former Yugoslav republic to join the European Union and a member of the OECD, Slovenia recovered strongly from a period of deep recession during the European financial crisis in 2012, but the economy is likely to contract again in 2020 as the country’s large tourism sector takes a hit from the COVID-19 crisis. 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.
Prime Minister Marjan Sarec resigned in the midst of the COVID-19 crisis after a failed bid to call early elections, enabling former PM Janez Jansa to form a center-right coalition in March 2020. Jansa has pledged to build border fences to keep out migrants and boost benefits for families with children, in alignment with his populist neighbor Viktor Orban in Hungary.