Poland GDP Growth Rate 1995-2014 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Poland expanded 0.90 percent in the third quarter of 2014 over the previous quarter. GDP Growth Rate in Poland averaged 1.02 percent from 1995 until 2014, reaching an all time high of 6.10 percent in the first quarter of 1997 and a record low of -3.10 percent in the fourth quarter of 1996. GDP Growth Rate in Poland is reported by the Central Statistical Office of Poland (GUS).

      Forecast    
Poland GDP Growth Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.90 0.70 6.10 -3.10 1995 - 2014 percent Quarterly
Poland has pursued a policy of economic liberalization since 1990 and today stands out as a success story among transition economies. In 2008, GDP grew an estimated 4.8%, based on rising private consumption, a jump in corporate investment, and European Union funds inflows. Since 2004, EU membership and access to EU structural funds have provided a major boost to the economy. This page provides - Poland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Poland GDP Growth Rate - was last refreshed on Friday, December 19, 2014.


Poland GDP Growth Confirmed at 0.9% in Q3


The Polish economy expanded a seasonally adjusted 0.9 percent in the third quarter of 2014, better than 0.7 percent growth reported from April to June. The growth matched preliminary estimates and was boosted by rise in investment and consumption.

On a quarter-on-quarter seasonally adjusted basis, gross fixed capital formation rose 2.3 percent (1.3 percent in Q2) and individual consumption went up by 1 percent (0.9 percent in Q2). 

Imports grew 2.4 percent (0.5 percent in Q2) while exports expanded 1.2 percent ( 0.5 percent in Q2).

Public spending rose 0.6 percent, following a 1.5 percent increase in the previous quarter.

Year-on-year, the economy advanced 3.3 percent in the three months to September, unchanged from the preliminary estimate.

Central Statistical Office of Poland | Ricardo Martins | ricardo.martins@tradingeconomics.com
11/28/2014 1:14:16 PM


Recent Releases

Polish Economy Advances 0.9% in Q3
Poland’s GDP expanded a seasonally adjusted 0.9 percent in the third quarter of 2014, better than 0.7 percent growth reported from April to June, according to preliminary estimates. Published on 2014-11-14

Polish GDP Advances 0.6% in Q2
The Polish economy advanced a seasonally adjusted 0.6 percent in the second quarter of 2014, matching flash estimates. The GDP grew at its slowest pace in five quarters, hurt by a slowdown in investment and a drop in exports. Published on 2014-08-29


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-08-29 09:00 AM
GDP Growth Rate QoQ-2 Est.  Q2
0.6% 1.1% 0.6% 0.6%
2014-11-14 09:00 AM
GDP Growth Rate QoQ - Flash  Q3
0.9% 0.7% (R) 0.81%
2014-11-28 09:00 AM
GDP Growth Rate QoQ - 2 Est  Q3
0.9% 0.7% 0.9% 0.9%
2015-02-13 09:00 AM
GDP Growth Rate QoQ  Q4
1.56%
2015-02-27 09:00 AM
GDP Growth Rate QoQ - Final  Q4
2015-05-15 09:00 AM
GDP Growth Rate QoQ Prel  Q1


Poland GDP Last Previous Highest Lowest Unit
GDP 517.54 490.21 529.40 63.90 USD Billion [+]
GDP Growth Rate 0.90 0.70 6.10 -3.10 percent [+]
GDP Annual Growth Rate 3.30 3.50 8.10 0.20 percent [+]
GDP Constant Prices 426647.70 413708.90 452231.10 82266.40 PLN Million [+]
GDP per capita 10752.82 10584.80 10752.82 4379.57 USD [+]
Gross Fixed Capital Formation 81854.70 74234.60 122865.10 11786.40 PLN Million [+]
GDP per capita PPP 22513.32 22161.53 22513.32 9169.57 USD [+]


GDP Growth Rate Reference Previous Highest Lowest Unit
Australia 0.30 Aug/14 0.50 4.50 -2.00 percent [+]
Brazil 0.10 Aug/14 -0.60 4.50 -4.20 percent [+]
Canada 0.70 Aug/14 0.90 3.33 -1.80 percent [+]
China 1.90 Aug/14 2.00 2.50 1.40 percent [+]
Euro Area 0.20 Aug/14 0.10 1.30 -2.80 percent [+]
France 0.30 Aug/14 -0.10 1.60 -1.70 percent [+]
Germany 0.10 Aug/14 -0.10 2.10 -3.70 percent [+]
India 1.20 May/14 1.90 5.80 -1.90 percent [+]
Indonesia 2.96 Aug/14 2.49 3.82 -3.57 percent [+]
Italy -0.10 Aug/14 -0.20 6.00 -3.50 percent [+]
Japan -0.50 Aug/14 -1.90 3.20 -4.00 percent [+]
Mexico 0.50 Aug/14 0.90 2.90 -6.60 percent [+]
Netherlands 0.20 Aug/14 0.60 2.00 -2.20 percent [+]
Russia 0.04 Aug/14 0.14 4.10 -5.40 percent [+]
South Korea 0.90 Aug/14 0.50 6.80 -7.00 percent [+]
Spain 0.50 Aug/14 0.50 1.53 -1.60 percent [+]
Switzerland 0.60 Aug/14 0.30 1.90 -2.20 percent [+]
Turkey 0.40 Aug/14 -0.50 6.69 -7.57 percent [+]
United Kingdom 0.70 Aug/14 0.90 5.00 -2.70 percent [+]
United States 3.90 Aug/14 4.60 16.90 -10.00 percent [+]