Poland GDP Growth Rate 1995-2015 | Data | Chart | Calendar | Forecast

The Polish economy expanded 0.9 percent on quarter in the three months to June, slowing from 1 percent growth in the previous quarter and matching preliminary estimates. While, private consumption and fixed investment slowed, public spending was the main driver of growth. GDP Growth Rate in Poland averaged 1.02 percent from 1995 until 2015, 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).

Poland GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.90 1.00 6.10 -3.10 1995 - 2015 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 Saturday, August 29, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-05-29 09:00 AM Q1 1.0% 0.8% 1.0% 1.0%
2015-08-14 09:00 AM Q2 0.9% 1.0% 2.5%
2015-08-28 09:00 AM Q2 0.9% 1.0% 0.9%
2015-11-13 09:00 AM Q3 0.9% 0.94%
2015-11-30 09:00 AM Q3 0.9%


Polish GDP Growth Confirmed at 0.9% in Q2


The Polish economy expanded 0.9 percent on quarter in the three months to June, slowing from 1 percent growth in the previous quarter and matching preliminary estimates. While, private consumption and fixed investment slowed, public spending was the main driver of growth.

Total consumption expenditure expanded by 0.8 percent, the same pace as in Q1, as household consumption eased to a 0.8 percent expansion (+1 percent in Q1); while government consumption grew 0.7 percent, after increasing 0.3 percent in the precedent quarter. Meanwhile, gross capital formation increased at a faster 1.4 percent (+0.7 percent in Q1). Yet, fixed investment slowed to 1.3 percent growth, after expanding 2.2 percent in the previous quarter. 

Exports rose 0.8 percent (+1.7 percent in Q1) and imports increased at a slower 0.4 percent, following a 1.4 percent growth in Q1.

Year-on-year, the economy expanded 3.3 percent, down by 0.3 percentage point from the previous quarter, as fixed investment, private consumption and total consumption grew at a slower 6.4 percent (+11.4 percent in Q1), 3 percent (+3.1 percent in Q1), and 2.9 percent (+3.1 percent in Q1), respectively. By contrast, domestic demand advanced faster by 3.3 percent (+2.6 percent in Q1).

Central Statistical Office of Poland | Joana Ferreira | joana.ferreira@tradingeconomics.com
8/28/2015 9:27:30 AM


Recent Releases

Polish GDP Growth Slows in Q2
The Polish economy expanded 0.9 percent on quarter in the three months to June, easing from a 1 percent growth in the previous period, preliminary estimates showed.
Published on 2015-08-14

Poland GDP Growth Confirmed at 1.0% in Q1
The Polish economy advanced 1.0 percent on quarter in the first three months of 2015 as expected, after a 0.8 percent growth in the previous quarter. Private consumption and fixed investment were the main drivers of growth while public spending slowed.
Published on 2015-05-29

Polish GDP Growth Strongest in a Year
The Polish economy advanced 1 percent on quarter in the first three months of 2015, better than upwardly revised 0.8 percent growth in the previous period, preliminary estimates showed.
Published on 2015-05-15

Poland GDP Growth Slightly Better than Estimated
The Polish economy advanced 0.7 percent on quarter in the last three months of 2014, better than a preliminary estimate of 0.6 percent. Yet, the economy eased from a 0.8 percent increase in the previous period, hurt by a slowdown in investment.
Published on 2015-02-27


Poland GDP Last Previous Highest Lowest Unit
GDP 548.00 526.06 548.00 63.90 USD Billion [+]
GDP Growth Rate 0.90 1.00 6.10 -3.10 percent [+]
GDP Annual Growth Rate 3.30 3.60 8.10 0.20 percent [+]
GDP Constant Prices 431097.40 417632.70 477819.30 82266.40 PLN Million [+]
GDP per capita 11304.62 10923.23 11304.62 4411.41 USD [+]
Gross Fixed Capital Formation 77854.00 57671.50 133654.10 11786.40 PLN Million [+]
GDP per capita PPP 23951.99 23143.93 23951.99 9346.80 USD [+]


GDP Growth Rate Reference Previous Highest Lowest Unit
Australia 0.90 Mar/15 0.50 4.50 -2.00 percent [+]
Brazil -1.90 Jun/15 -0.70 3.90 -3.90 percent [+]
Canada -0.10 Mar/15 0.60 3.33 -1.80 percent [+]
China 1.70 Jun/15 1.40 2.50 1.40 percent [+]
Euro Area 0.30 Jun/15 0.40 1.30 -2.90 percent [+]
France 0.00 Jun/15 0.60 7.70 -5.00 percent [+]
Germany 0.40 Jun/15 0.30 2.00 -4.50 percent [+]
India 2.06 Mar/15 1.36 5.30 -1.70 percent [+]
Indonesia 3.78 Jun/15 -0.18 3.83 -3.57 percent [+]
Italy 0.20 Jun/15 0.30 6.00 -3.50 percent [+]
Japan -0.40 Jun/15 1.00 3.20 -4.00 percent [+]
Mexico 0.50 Jun/15 0.40 2.90 -6.60 percent [+]
Netherlands 0.10 Jun/15 0.60 2.00 -2.20 percent [+]
Russia -1.29 Mar/15 -0.55 4.10 -5.40 percent [+]
South Korea 0.30 Jun/15 0.80 6.80 -7.00 percent [+]
Spain 1.00 Jun/15 0.90 1.60 -1.60 percent [+]
Switzerland 0.20 Jun/15 -0.20 2.10 -1.90 percent [+]
Turkey 1.30 Mar/15 0.80 6.69 -7.57 percent [+]
United Kingdom 0.70 Jun/15 0.40 5.00 -2.70 percent [+]
United States 3.70 Jun/15 0.60 16.90 -10.00 percent [+]