The value of construction put in place increased in February (seasonally adjusted) and was also higher year-on-year (24%). After strong growth in mid-2025, construction activity peaked in October, declined until January this year, and then strengthened again in February (5.5%, seasonally adjusted). This dynamic was primarily driven by developments in civil engineering works. 
Some other data point to more moderate movements in construction activity. According to VAT data, activity in February was 16% higher year-on-year, which is 8 p.p. points lower than indicated by data on the value of construction work put in place. Similarly, data on output in the manufacture of non-metallic mineral products, which is traditionally closely linked to construction, do not indicate such strong growth, with production declining by 7% year-on-year in February.

According to the Statistical Register of Employment (SRDAP), the number of persons in employment in February remained broadly unchanged compared with previous months (seasonally adjusted) and was also similar to the level a year earlier. The number of employees declined slightly year-on-year (–0.1%), while the number of self-employed increased (1%). The largest year-on-year declines in the number of persons in employment were recorded in manufacturing (–1.5%) and trade (–1.3%). By contrast, the number of persons in employment increased in public service activities, particularly in human health and social work activities (3.7%). The number of foreign nationals in employment increased by 2.3% year-on-year in February, while the number of Slovenian nationals in employment declined by 0.4%, mainly due to retirements.

The 12-month current account surplus (up to February) was lower than in the previous 12-month period (EUR 2.9 billion), amounting to EUR 2.6 billion (3.7% of estimated GDP). This change was driven by developments in the goods balance and the secondary income balance. Amid stagnating exports and a slight increase in imports, the goods balance shifted into a deficit, while the higher deficit in secondary income was mainly due to lower inflows of government sector funds from the EU budget. The services surplus remained elevated and increased primarily in insurance services, reflecting the expansion of a Slovenian insurance company’s business volume and related services in the Italian motor insurance market. Higher surpluses were also recorded in transport and travel. The primary income deficit narrowed, mainly due to smaller net outflows of income from equity (dividends and profits); in addition, net labour income from abroad also increased.

Electricity consumption in the distribution network was 1.8% higher year-on-year in March. Industrial consumption and consumption by other business consumers – both indicative of economic activity – increased year-on-year by 2% and 3.3%, respectively, partly reflecting one additional working day. Household consumption was also slightly higher than a year earlier (0.6%). 

The volume of road and rail freight transport, which has been mostly declining since 2022, also contracted in the fourth quarter of 2025. The total volume of road freight transport decreased by 8% quarter-on-quarter (seasonally adjusted) and by 15% year-on-year. In road transport performed by Slovenian vehicles, the volume of cross-trade increased for the third consecutive quarter (following a sharp decline in the first quarter), while the volume of transport at least partly taking place on Slovenian territory (exports, imports and national transport) declined markedly. The share of cross-trade in total transport was 44%, which is 7 p.p. lower than in the pre-pandemic period. Rail freight transport in Slovenia declined by 7% in the fourth quarter (seasonally adjusted) and by 9% year-on-year. In 2025, the volume of road and rail freight transport was almost one fifth lower than in 2019.