Despite lower profits the corporate sector’s financial standing and financing conditions are good. But the private domestic firms are reluctant to expand investment. The ongoing political changes destabilise the country’s legal framework undermining trust in the rule of law. The conflict between the European Commission and the Polish government may lead to substantial cuts in the funds available to Poland which would also undermine public investment and reduce medium-term growth prospects.

map Poland
Main Economic Indicators201620172018201920202021
Population, 1000 persons384353843438400...
GDP, real change in %
GDP per capita (EUR at PPP)199002090022200...
Gross industrial production, real change in %
Unemployment rate - LFS, in %, average6.
Average gross monthly wages, EUR92910031070...
Consumer prices, % p.a.-
Fiscal balance in % of GDP-2.2-1.4-1.5...
Public debt in % of GDP54.250.650.9...
Current account in % of GDP-0.50.2-0.7-1.4-1.5.
FDI inflow, EUR mn1662892927843...
Gross external debt in % of GDP75.368.368.0...

Basic data are continuously updated.

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


POLAND: Can strong growth supported by public sector spending continue much longer?

Leon Podkaminer
in: Strong Growth Amid Increased Negative Risks
wiiw Forecast Report No. Autumn 2018, November 2018 , pp. 114-117
Details and Buy


Monthly Report No. 6/2018

Vasily Astrov, Rumen Dobrinsky, 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. 6, June 2018
27 pages including 1 Table and 1 Figure