Poland

Strong consumption-driven growth has been propelled by rising wages and employment. Economic conditions are conducive to a recovery in investment activities, which 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
        FORECAST*
Main Economic Indicators201420152016201720182019
Population, 1000 persons384873845838435...
GDP, real change in %3.33.82.93.83.53.3
GDP per capita (EUR at PPP)186001980020200...
Gross industrial production, real change in %3.44.82.8...
Unemployment rate - LFS, in %, average9.07.56.25.04.54.5
Average gross monthly wages, EUR903934928...
Consumer prices, % p.a.0.1-0.7-0.21.61.92.0
Fiscal balance in % of GDP-3.6-2.6-2.5...
Public debt in % of GDP50.251.154.1...
Current account in % of GDP-2.1-0.6-0.30.2-0.1-0.2
FDI inflow, EUR mn148241353415213...
Gross external debt in % of GDP71.470.574.9...


Basic data are continuously updated.

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

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POLAND: Consumption-driven expansion

Leon Podkaminer
in: CESEE Back on Track to Convergence
wiiw Forecast Report No. Autumn 2017, November 2017 , pp. 99-102
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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, July-August 2017
27 pages including 1 Table and 2 Figures

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