Slovenia Tenders

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The economy of Slovenia is developed and the country enjoys a high level of prosperity and stability as well as above-average GDP per capita by purchasing power parity at 83% of the EU28 average in 2015. Nominal GDP in 2018 is 42.534 billion EUR, nominal GDP per capita (GDP/pc) in 2018 is EUR 21,267. The highest GDP/pc is in central Slovenia, where the capital city Ljubljana is located. It is part of the Western Slovenia statistical region, which has a higher GDP/pc than eastern Slovenia. In January 2007, Slovenia became the first member to have both joined the European Union and adopted the euro since the currency's creation in 1999. It has also been a member of the Organisation for Economic Co-operation and Development since 2010. Slovenia has a highly educated workforce, well-developed infrastructure, and is situated at a major transport crossroad. The level of foreign direct investment is one of the lowest but has been steadily rising in the last few years. The Slovenian economy has been severely hurt by the European economic crisis, which occurred in the late 2000s. After 2013, GDP per capita began rising again. Almost two-thirds of the working population are employed in services. Slovenia's trade is orientated towards other EU countries, mainly Germany and Italy. This is the result of a wholesale reorientation of trade toward the West and the growing markets of central and eastern Europe in the face of the collapse of its Yugoslav markets. Slovenia's economy is highly dependent on foreign trade. Trade equals about 120% of GDP (exports and imports combined). About two-thirds of Slovenia's trade is with other EU members.