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 Indicators201520162017201820192020
Population, 1000 persons384583843538400...
GDP, real change in %3.82.94.63.83.5.
GDP per capita (EUR at PPP)198001990020900...
Gross industrial production, real change in %4.82.86.6...
Unemployment rate - LFS, in %, average7.56.24.74.54.5.
Average gross monthly wages, EUR9349281017...
Consumer prices, % p.a.-0.7-0.21.62.02.0.
Fiscal balance in % of GDP-2.6-2.5-3.0...
Public debt in % of GDP51.154.154.6...
Current account in % of GDP-0.6-0.30.1-0.1-0.2.
FDI inflow, EUR mn13534152134826...
Gross external debt in % of GDP70.574.974.5...


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, August 2017
27 pages including 1 Table and 2 Figures

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