Under the impact of policies that seek to imbue the national economic and social life with ‘law and order’, Poland’s economy clearly underperformed in 2016. This was epitomised by a dramatic decline in gross fixed capital formation. But the economy is still in pretty good shape. It is expected to grow at a respectable pace, provided the institutional changes imposed consider more carefully the needs of the business sector and the limits to what can be achieved through administrative regulation.

map Poland
Main Economic Indicators201420152016201720182019
Population, 1000 persons.384873845838431...
GDP, real change in %
GDP per capita (EUR at PPP)186001980020700...
Gross industrial production, real change in %
Unemployment rate - LFS, in %, average9.
Average gross monthly wages, EUR903934928...
Consumer prices, % p.a.0.1-0.7-
Fiscal balance in % of GDP-3.5-2.6-2.4...
Public debt in % of GDP50.251.154.4...
Current account in % of GDP-2.1-0.6-0.3-0.7-1.1-1.4
FDI inflow, EUR mn148241263112869...
Gross external debt in % of GDP71.470.274.6...

Basic data are continuously updated.

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


POLAND: Not so brilliant anymore

Leon Podkaminer
in: Cautious Upturn in CESEE: Haunted by the Spectre of Uncertainty
wiiw Forecast Report No. Spring 2017, , pp. 99-102


Monthly Report No. 1/2017

Rumen Dobrinsky, Doris Hanzl-Weiss, Gabor Hunya and Leon Podkaminer
wiiw Monthly Report No. 1,
45 pages including 1 Table and 33 Figures