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
Main Economic Indicators201220132014201520162017
Population, 1000 persons.385363851438530...
GDP, real change in %
GDP per capita (EUR at PPP)173001780018500...
Gross industrial production, real change in %
Unemployment rate - LFS, in %, average10.110.310.010.010.0.
Average gross monthly wages, EUR844872906...
Consumer prices, % p.a.
Fiscal balance in % of GDP-3.7-4.0-3.4...
Public debt in % of GDP54.455.749.1...
Current account in % of GDP-3.5-1.3-1.3-2.0-2.5.
FDI inflow, EUR mn4763-3860....
Gross external debt in % of GDP72.070.173.0...

Basic data are continuously updated.

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


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


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