The ISO code of Slovenia is SI according to the ISO 3166 standard. The local name of the country is Slovenija. Slovenia capital city is Ljubljana. People in Slovenia speak the Slovenian language. On 25 June 1991, Slovenia emerged as a sovereign political entity. In the year 06/25/1991, Slovenia emerged as a sovereign political entity. The largest city in Slovenia is Ljubljana.
Slovenia is located in the UTC +01:00 time zone, which is also called Central European Time or CET. The internet country code top-level domain (ccTLD) for Slovenia is .si. Other domains assigned to Slovenia are .eu. The domain name .eu is available for use by organizations in and residents of European Union member-states. The International dialing code for Slovenia is 386. People in Slovenia drive on the right side of the road. Total land area of Slovenia is 20,273 km² (approx. 7,827 mi²). Slovenia is not a landlocked country. It means that is is bordered by at least one major body of water.
Slovenia is located in Europe. Slovenia is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life.
Currently Slovenia faces various issues, including pollution of Sava River with domestic and industrial waste, pollution of coastal waters with heavy metals and toxic chemicals, forest damage near Koper from air pollution (originating at metallurgical and chemical plants) and resulting acid rain.
Doing business in Slovenia
We offer various corporate services in Slovenia jurisdiction. These services can serve both, people coming from Slovenia and foreigners. If you plan on doing business in Slovenia you might be interested in contacting us.
To find out about starting your business in Slovenia click on company formation in Slovenia.
To find out how to open a bank account in Slovenia and moreover what type of account Confidus Solutions suggests to create, please click on bank account in Slovenia.
Choose preferred service below or continue reading to find out more about Slovenia.
Demographics of Slovenia
The total population of Slovenia is 2,081,260 people. In Slovenia, the population density is 102 people per square kilometer (265 per square mile). Because of this statistic, this country is considered to be densely populated. The ethnic diversity is almost uniform according to a fractionalization scale which for Slovenia is 0.2216. Slovenia has approximately 235966 foreign immigrants. The median age is approximately 43.5 years. In Slovenia, 70 in every 100 people use internet. Slovenia has a Human Development Index (HDI) of 0.874.
The majority religion of Slovenia is Christianity, Slovenia is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Click on a link to read more on demographics of Slovenia.
Culture of Slovenia
People in Slovenia speak the Slovenian language. According to data on inbound tourists in Slovenia, 2,259,000 tourists arrive in the country each year. The first McDonalds in Slovenia was opened on 2 December 1993, and it was located in In Čopova Street, Ljubljana. One of the most popular national dishes of Slovenia is ajdovi žganci. To read more click on culture of Slovenia.
Geography of Slovenia
Slovenia is considered to be a large nation because of its total area. Its total land area is 20,273 km² (approx. 7,827 mi²). Slovenia is located in Europe. Its capital city is Ljubljana. Slovenia has 4 neighbouring countries. Its neighbours include Austria, Croatia, Italy, and Hungary. Total length of land borders of Slovenia is 1211 kilometers (~468 miles).
The highest point of Slovenia is Triglav, with its official height being 2864 m (9,397 ft). Including land mass and EEZ, the total area of Slovenia is approximately 20,493 km² (~7,912 mi²). The most notable natural resources found in Slovenia are lignite, lead, zinc, building stone, hydropower, forests.To read more click on geography of Slovenia.
Economy of Slovenia
The currency of the country is euro. The symbol used for this currency is €, and it is abbreviated as EUR. 5.9% of population in the country are unemployed. The total number of unemployed people in Slovenia is 122,794. Each year, Slovenia exports around $28.73 billion and imports roughly $29.49 billion. The Gini Index of the country is 23.7. Slovenia has a Human Development Index (HDI) of 0.874.The Global Peace Index (GPI) for Slovenia is 1.378. Slovenia is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are ferrous metallurgy and aluminum products, lead and zinc smelting, electronics (including military electronics), trucks, automobiles, electric power equipment, wood products, textiles, chemicals, machine tools.
The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Slovenia is $61,557 billion. Each year, consumers spend around $55,233 million. The ratio of consumer spending to GDP in Slovenia is 0%, and the ratio of consumer spending to the world consumer market is 0.1592. The corporate tax in Slovenia is set at 19%. Personal income tax ranges from 16% to 50%, depending on your specific situation and income level. VAT in Slovenia is 22%. To read more click on economy of Slovenia.
Infrastructure of Slovenia
Infrastructure quality in Slovenia is rated to be at 3.35. It indicates a satisfactory quality - roads, railroad, ports and other facilities are able to handle significant traffic at all times and are also suited to various types of transport vehicles and vessels.
In Slovenia, 100% of the population has access to electricity. There are 415,581 internet hosts in Slovenia. Slovenia has 16 airports nationwide.
The logistics performance index of Slovenia is 3.38. It indicates a satisfactory performance - in general, traffic is handeled well, some flaws in certain areas are possible, but overall the logistics system performs reliably and is ready to handle predictable amounts of traffic.
Tracking possibilities for shipments are rated at 3.51. It indicates a satisfactory performance - the tracking systems provide all the basic information as well as additional data about shipments; most of the times it also has a weel established cooperation with foreign and international tracking systems, as well as usually provides information in multiple languages.
The number of road motor vehicles per 1000 inhabitants in Slovenia is 593. To read more click on infrastructure of Slovenia.
Politics of Slovenia
Slovenia, is a unitary parliamentary constitutional republic. With regard to political and civil freedoms, Slovenia is 1. Citizens in Slovenia experience total freedom. The majority of countries in which citizens enjoy expansive civil liberties and political freedoms are representative democracies, in which officials are directly elected by citizens to advocate for their needs and desires. Free countries are often bolstered by healthy economies and high-functioning governments. The head of the government is Borut Pahor.
According to the World Bank Group, the government effectiveness index of Slovenia is 1.01. This indicates that the government of Slovenia is effective. Citizens enjoy well-organized public and civil services, and government efficiency is high. While some services may be lacking in certain areas, the overall environment fostered by government legislation is favorable.In Slovenia, the legislative power is vested in a Parliament. The Global Peace Index (GPI) for Slovenia is 1.378. The strength of legal rights index for Slovenia is 3. Overall, it is considered to be rather inadequate - bankruptcy and collateral laws are able to protect the rights of borrowers and lenders to some degree; credit information may be sufficient, but hardly available, or, the oppoiste case, available but not sufficient. Slovenia is a member of the United Nations (UN). On 22 May 1992, it joined the UN as a full member state. Slovenia is a member of the European Union (EU). On 22 May 1992, it joined the EU as a full member state. Slovenia is a member of the World Bank. To read more click on politics of Slovenia.
Environment of Slovenia
Slovenia emits 7.5 metric tons per capita of CO2. 12574 km² of Slovenia's territory is covered in forests. and forest land comprises 62% of all the land in the country. The number of road motor vehicles per 1000 inhabitants in Slovenia is 593. To read more click on environment of Slovenia.
Company formation in Slovenia
The development of telecommunications and economic globalization has made it possible for interested investors to form companies around the world. With proper research, financial investments, and legal backing, business ventures can safely be established in Slovenia.
When establishing a company in Slovenia, an interested investor must do due diligence with regard to legal processes, international regulations, and sufficient investment for success. It is critical to understand cultural, social, and political factors of Slovenia that will affect the establishment and growth of one's business. Contact us or click on company formation in Slovenia to read additional information when setting up a business.
Bank account opening in Slovenia
With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in Slovenia. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates and fees vary depending on your interests.
When considering opening a bank account in Slovenia, one must enlist the help of international experts to guide them through the process. To find out more about our banking services click on bank account in Slovenia or contact us.