Poland

Driven by a major increase in gross capital formation, the Polish economy has entered a phase of relatively rapid growth, which is likely to extend into the biennium 2015-2016. Nonetheless, some economic and non-economic risks still persist. Apart from uncontrollable external and domestic (political) risks, problems are also posed by the pursuit of a monetary policy with too restrictive an orientation.

map Poland
        FORECAST*
Main Economic Indicators201120122013201420152016
Population, 1000 persons.385343853638514...
GDP, real change in %4.81.81.73.33.23.1
GDP per capita (EUR at PPP)166001730017800...
Gross industrial production, real change in %6.71.22.3...
Unemployment rate - LFS, in %, average9.710.110.310.010.010.0
Average gross monthly wages, EUR826844870...
Consumer prices, % p.a.3.93.70.90.31.52.0
Fiscal balance in % of GDP-4.9-3.7-4.0...
Public debt in % of GDP54.854.455.7...
Current account in % of GDP-5.1-3.5-1.3-1.0-2.0-2.5
FDI inflow, EUR mn148964763-3860...
Gross external debt in % of GDP66.472.070.1...


Basic data are continuously updated.

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

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Monthly Report No. 12/2014

Vladimir Gligorov, Doris Hanzl-Weiss, Yudit Kiss and Leon Podkaminer
wiiw Monthly Report No. 12, December 2014
39 pages including 4 Tables and 25 Figures
Details

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POLAND: A number of short-term risks

Leon Podkaminer
in: On Thin Ice: CESEE Core Resilient in the Face of EU Stagnation and the Ukraine Crisis
wiiw Forecast Report No. Autumn 2014, November 2014 , pp. 71-74
Details and Buy


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