The current moderate and broadly based growth will continue over the period 2016 2018 – with GDP averaging 3.4%. There is, however, every reason to expect less dynamic growth in terms of investment. 2017 will prove critical, unless the increase in social spending is offset by higher tax revenue.
|Main Economic Indicators||2013||2014||2015||2016||2017||2018|
|Population, 1000 persons.||38514||38487||38525||.||.||.|
|GDP, real change in %||1.3||3.3||3.6||3.4||3.2||3.4|
|GDP per capita (EUR at PPP)||17900||18600||20000||.||.||.|
|Gross industrial production, real change in %||2.3||3.4||4.9||.||.||.|
|Unemployment rate - LFS, in %, average||10.3||9.0||7.5||7.0||6.5||6.5|
|Average gross monthly wages, EUR||872||903||932||.||.||.|
|Consumer prices, % p.a.||0.8||0.1||-0.7||1.2||1.8||2.0|
|Fiscal balance in % of GDP||-4.0||-3.3||-2.6||.||.||.|
|Public debt in % of GDP||56.0||50.5||51.3||.||.||.|
|Current account in % of GDP||-1.3||-2.0||-0.2||-1.5||-2.0||-3.5|
|FDI inflow, EUR mn||658||12826||5581||.||.||.|
|Gross external debt in % of GDP||70.7||71.0||70.3||.||.||.|
Basic data are continuously updated.
* Forecasts are changed beginning of March, July and November.
See Press Conferences.
POLAND: Keeping generous promises will not be easy
in: Growth Stabilises: Investment a Major Driver, Except in Countries Plagued by Recession
wiiw Forecast Report No. Spring 2016, March 2016 , pp. 104-108 Details and Buy
Monthly Report No. 1/2016 - Special Issue: Reality Check – wiiw Economists Reflect on 25 Years of Transition
Vladimir Gligorov, Peter Havlik, Gabor Hunya, Michael Landesmann, Leon Podkaminer, Sandor Richter and Hermine Vidovic
wiiw Monthly Report No. 1, January 2016
42 pages including 3 Tables and 22 Figures