Diplomatic representation in the US: chief of mission : Ambassador Ernest PETRIC chancery: 1525 New Hampshire Avenue NW, Washington, DC 20036 telephone: [1] (202) 667-5363 FAX: [1] (202) 667-4563 consulate(s) general: New York

Diplomatic representation from the US: chief of mission: Ambassador Victor JACKOVICH embassy: address NA, Ljubljana mailing address: P.O. Box 254, Prazakova 4, 61000 Ljubljana; American Embassy, Ljubljana, Department of State, Washington, DC 20521-7140 telephone : [386] (61) 301-427, 472, 485 FAX: [386] (61) 301-401

Flag description: three equal horizontal bands of white (top), blue, and red with the Slovenian seal (a shield with the image of Triglav, Slovenia's highest peak, in white against a blue background at the center, beneath it are two wavy blue lines depicting seas and rivers, and above it, there are three six-sided stars arranged in an inverted triangle which are taken from the coat of arms of the Counts of Celje, the great Slovene dynastic house of the late 14th and early 15th centuries); the seal is located in the upper hoist side of the flag centered in the white and blue bands

Economy

Economy - overview: Slovenia appears to be making a solid economic recovery, fulfilling the promise it showed at the time of Yugoslavia's breakup. Its per capita GDP is now the highest in Central and Eastern Europe and comparable to the levels in the poorer West European countries. Slovenia has benefited from strong ties to Western Europe and suffered comparatively small physical damage during Yugoslavia's breakup. The beginning was difficult, however. Real GDP fell 15% in 1991-92, while inflation soared to 200% in 1992. The turning point came in 1993, when real GDP grew 1%, unemployment leveled off, and inflation slowed dramatically. In 1994, real GDP rose 5.5%, tapering off to an estimated 3.5% in 1995 and an estimated 3% in 1996. The government gets good marks from foreign observers for fiscal policy - the budget deficit has not exceeded 1% of GDP in any year since 1991, and the current account balance has remained in surplus throughout the transition period, with the exception of 1995-96. The Slovene privatization program, which began in 1994, involves about 1,400 firms, but less than half have been privatized. Growth in the near term depends largely on economic revitalization in Western Europe which buys 70% of Slovenia's exports. Slovenia itself must press on with privatization, restructuring, the encouragement of foreign investment, and the maintenance of a stable tolar.

GDP: purchasing power parity - $24 billion (1996 est.)

GDP - real growth rate: 3% (1996 est.)

GDP - per capita: purchasing power parity - $12,300 (1996 est.)

GDP - composition by sector: agriculture: 4.8% industry: 33.2% services : 62% (1996)

Inflation rate - consumer price index: 8.8% (1996 est.)