Strong consumption-driven growth has been propelled by rising wages and employment. The economic conditions are conducive to a recovery in private-sector investment activities, though this has yet to materialise. The positive growth prospects may be endangered by the unwelcome effects of the ongoing evolution of the political system – including the country’s progressive alienation from its EU partners.

map Poland
Main Economic Indicators201520162017201820192020
Population, 1000 persons384583843538400...
GDP, real change in %
GDP per capita (EUR at PPP)198001990020900...
Gross industrial production, real change in %
Unemployment rate - LFS, in %, average7.
Average gross monthly wages, EUR9349291003...
Consumer prices, % p.a.-0.7-
Fiscal balance in % of GDP-2.7-2.4-1.7...
Public debt in % of GDP51.154.250.6...
Current account in % of GDP-0.6-
FDI inflow, EUR mn13534152135412...
Gross external debt in % of GDP70.574.967.9...

Basic data are continuously updated.

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


POLAND: Steady consumption - driven expansion

Leon Podkaminer
in: Riding the Global Growth Wave
wiiw Forecast Report No. Spring 2018, March 2018 , pp. 125-129
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Monthly Report No. 7-8/2017

Vasily Astrov, Rumen Dobrinsky, Vladimir Gligorov, Richard Grieveson, Doris Hanzl-Weiss, Peter Havlik, Gabor Hunya, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter and Hermine Vidovic
wiiw Monthly Report No. 7-8, August 2017
27 pages including 1 Table and 2 Figures