The current moderate and broad-based growth will continue throughout the biennium 2017-2018, with the GDP growth rate averaging 3.4%. The current evolution of the political system may well prove harmful – in purely economic terms as well. 2017 will prove a critical year for fiscal policy as the increase in social expenditures may call for higher taxation.

map Poland
Main Economic Indicators201420152016201720182019
Population, 1000 persons.384873845838450...
GDP, real change in %
GDP per capita (EUR at PPP)186001980020400...
Gross industrial production, real change in %
Unemployment rate - LFS, in %, average9.
Average gross monthly wages, EUR903934932...
Consumer prices, % p.a.0.1-0.7-
Fiscal balance in % of GDP-3.4-2.6-2.9...
Public debt in % of GDP50.251.153.1...
Current account in % of GDP-2.1-0.6-0.5-0.6-1.0.
FDI inflow, EUR mn148241263112506...
Gross external debt in % of GDP71.470.375.5...

Basic data are continuously updated.

* Forecasts are changed beginning of March, July and November.
See Press Conferences.


Monthly Report No. 1/2017

Rumen Dobrinsky, Doris Hanzl-Weiss, Gabor Hunya and Leon Podkaminer
wiiw Monthly Report No. 1,
45 pages including 1 Table and 33 Figures



POLAND: So far so good?

Leon Podkaminer
in: Labour Shortages Driving Economic Growth?
wiiw Forecast Report No. Autumn 2016, , pp. 93-96
Details and Buy