Poland

The fast GDP growth shows no signs of abating. Expanding public consumption financed by high and rising public debt is one component of the present (‘populist’) economic policy. Upward pressure on wages is considerable, reflecting tight labour markets. Investments by the private business sector remain of critical importance, in particular because EU co-financing of national investment outlays may be less generous (especially from 2020 on) than it used to be.

map Poland
        FORECAST*
Main Economic Indicators201620172018201920202021
Population, 1000 persons384353843438423...
GDP, real change in %3.14.85.14.63.73.4
GDP per capita (EUR at PPP)199002090022200...
Gross industrial production, real change in %2.86.65.9...
Unemployment rate - LFS, in %, average6.24.93.93.73.43.4
Average gross monthly wages, EUR92910031070...
Consumer prices, % p.a.-0.21.61.21.72.62.0
Fiscal balance in % of GDP-2.2-1.5-0.4...
Public debt in % of GDP54.250.648.9...
Current account in % of GDP-0.50.2-0.7-1.0-1.0-1.1
FDI inflow, EUR mn1662892929432...
Gross external debt in % of GDP75.368.263.4...


Basic data are continuously updated.

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

publication_icon

Monthly Report No. 6/2019

Vasily Astrov, Rumen Dobrinsky, Richard Grieveson, Doris Hanzl-Weiss, Gabor Hunya, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter, Hermine Vidovic and Goran Vuksic
wiiw Monthly Report No. 6, June 2019
27 pages including 24 Tables and 1 Figure

Details

publication_icon

POLAND: Slower growth a real possibility

Leon Podkaminer
in: Moving Into the Slow Lane
wiiw Forecast Report No. Spring 2019, March 2019 , pp. 119-123
Details and Buy


top