wiiw Forecast Reports
POLAND: Not bad, in these circumstances
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in: Darkest before the dawn?
wiiw Forecast Report No. Spring 2021, April 2021 , pp. 106-109
The decline in GDP in 2020 turned out to be quite shallow. Trade made a positive contribution to growth, and industry is recovering. Inadequate demand remains the chief problem for the corporate sector, while shortages of labour have ceased to be a serious problem. During the forecast period, expansive monetary and fiscal policies are likely to continue, but the recovery in investment will be muted at best. Improvements in 2021 and beyond are possible, but not guaranteed.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Poland