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 Indicators201320142015201620172018
Population, 1000 persons.385143848738458...
GDP, real change in %
GDP per capita (EUR at PPP)179001860019800...
Gross industrial production, real change in %
Unemployment rate - LFS, in %, average10.
Average gross monthly wages, EUR872903932...
Consumer prices, % p.a.0.80.1-0.7-
Fiscal balance in % of GDP-4.1-3.4-2.6...
Public debt in % of GDP55.750.251.1...
Current account in % of GDP-1.3-2.1-0.6-0.3-0.6-1.0
FDI inflow, EUR mn6581482412631...
Gross external debt in % of GDP70.771.470.3...

Basic data are continuously updated.

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


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


Monthly Report No. 7-8/2016

Vasily Astrov, Serkan Çiçek, Rumen Dobrinsky, Vladimir Gligorov, Doris Hanzl-Weiss, Peter Havlik, Mario Holzner, Gabor Hunya, Simona Jokubauskaite, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter and Hermine Vidovic
wiiw Monthly Report No. 7-8,
25 pages including 1 Table and 1 Figure