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Driven by a major increase in investment, the Polish economy has entered a phase of moderately faster growth, which is likely to extend into 2016. In the medium term some deterioration of external balances can be expected. The outcome of the elections to be held in 2015 is still uncertain. Should the present liberal-conservative coalition lose to the nationalist-populist opposition, the economic and social policy may take an unpredictable track.
|Main Economic Indicators||2012||2013||2014||2015||2016||2017|
|Population, 1000 persons.||38536||38514||38530||.||.||.|
|GDP, real change in %||1.8||1.7||3.4||3.5||3.2||3.2|
|GDP per capita (EUR at PPP)||17300||17800||18500||.||.||.|
|Gross industrial production, real change in %||1.3||2.3||3.4||.||.||.|
|Unemployment rate - LFS, in %, average||10.1||10.3||9.0||10.0||9.5||9.0|
|Average gross monthly wages, EUR||844||872||906||.||.||.|
|Consumer prices, % p.a.||3.7||0.8||0.1||0.3||1.5||2.0|
|Fiscal balance in % of GDP||-3.7||-4.0||-3.2||.||.||.|
|Public debt in % of GDP||54.4||55.7||50.1||.||.||.|
|Current account in % of GDP||-3.5||-1.3||-1.4||-2.0||-2.5||-3.0|
|FDI inflow, EUR mn||5636||71||10483||.||.||.|
|Gross external debt in % of GDP||72.0||70.2||70.1||.||.||.|
Basic data are continuously updated.
* Forecasts are changed beginning of March, July and November.
See Press Conferences.
Monthly Report No. 6/2015
Stefan Jestl, Michael Landesmann, Sebastian Leitner, Sandra M. Leitner, Isilda Mara and Leon Podkaminer
wiiw Monthly Report No. 6, June 2015
47 pages including 4 Tables and 27 Figures
POLAND: Fast recovery of investment
in: A Time of Moderate Expectations
wiiw Forecast Report No. Spring 2015, March 2015 , pp. 73-74 Details and Buy