The Institute of Macroeconomic Analysis and Development (IMAD) has already downgraded its projection from 0.9% to 2.0%, while the Chamber of Commerce and Industry (GZS) projects the economy will contract by 2.3%-2.7%.

In the second quarter of the year Slovenia's GDP contracted 3.2% year-on-year and it was down 1.6% over the same period last year in the first two quarters.