Poland GDP Growth Rate  1995-2017 | Data | Chart | Calendar | Forecast

Poland's economy advanced 1.6 percent on quarter in the fourth quarter of 2016, following 0.3 percent expansion in the previous period, revised figures showed on April 21st. It was the strongest growth since the fourth quarter of 2007. The net trade contributed positively, as exports grew 3.2 percent (0.2 percent in Q3) while imports rose 1.1 percent (0.5 percent in Q3); and gross fixed capital formation rebounded 0.2 percent (-0.2 percent in Q3). Meantime, household spending (1.2 percent vs 1.3 percent in Q3) and public consumption (0.4 percent vs 1.2 percent) advanced at a slower pace. Year-on-year, the GDP expanded 2.5 percent, compared to 2.4 percent growth in the third quarter of 2016, also revised from previous estimates. In 2016, the GDP expanded 2.7 percent, compared to 3.8 percent growth a year ago. GDP Growth Rate in Poland averaged 1 percent from 1995 until 2016, 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.

Poland GDP Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-30 09:00 AM Q3 0.2% 0.9% 0.2% 0.2%
2017-02-14 09:00 AM Q4 1.7% 0.4% 1.4% 0.6%
2017-02-28 09:00 AM Q4 1.7% 0.2% 1.7% 1.7%
2017-05-16 08:00 AM Q1 1.6% 0.7%
2017-05-31 08:00 AM Q1 1.6% 0.7%
2017-08-16 08:00 AM Q2 0.9%




Polish GDP Expands The Most In 9 Years


Poland's economy advanced 1.7 percent on quarter in the fourth quarter of 2016, following 0.4 percent expansion in the previous period and in line with preliminary estimates. It was the strongest growth since the fourth quarter of 2007.

The net trade contributed positively, as exports grew 2.8 percent (0.3 percent in Q3) while imports rose 1.9 percent (-0.1 percent in Q3). 

Meantime, household spending (0.8 percent vs 1.4 percent in Q3) and public consumption (0.6 percent vs 1.1 percent) advanced at a slower pace while gross fixed capital formation contracted less (-0.6 percent vs -2.2 percent).

Year-on-year, the GDP expanded 2.7 percent, compared to 2.5 percent growth in the third quarter of 2016, matching preliminary estimates.

 In 2016, the GDP expanded 2.8 percent, compared to 3.9 percent growth a year ago.

Central Statistical Office of Poland | Yekaterina Guchshina | yekaterina@tradingeconomics.com
2/28/2017 9:39:29 AM



Poland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.60 0.30 6.10 -3.10 percent [+]
GDP Annual Growth Rate 2.50 2.40 8.10 0.10 percent [+]
GDP 477.07 545.16 545.16 63.90 USD Billion [+]
GDP Constant Prices 523561.80 451081.50 523561.80 82266.40 PLN Million [+]
Gross Fixed Capital Formation 131598.60 78177.40 138717.20 11786.40 PLN Million [+]
GDP per capita 14655.20 14090.12 14655.20 5510.63 USD [+]
GDP per capita PPP 25322.54 24346.21 25322.54 9521.78 USD [+]
Gdp From Agriculture 11220.40 9506.60 12846.30 5005.60 PLN Million [+]
Gdp From Construction 37823.20 28914.50 40832.40 6350.90 PLN Million [+]
Gdp From Manufacturing 101408.60 76503.10 101408.60 28635.00 PLN Million [+]


Poland GDP Growth Rate Notes

Poland is the 8th biggest economy in the European Union, yet GDP per capita remains significantly below the EU average. The country's industrial base combines coal, textile, chemical, machinery, iron, and steel sectors and has expanded more recently to include fertilizers, petrochemicals, machine tools, electrical machinery, electronics, cars and shipbuilding. On the expenditure side, household consumption is the main component of GDP and accounts for 60 percent of its total use, followed by gross fixed capital formation (20 percent) and government expenditure (18 percent). Exports of goods and services account for 47 percent of GDP while imports account for 46 percent, adding 1 percent of total GDP. . This page provides - Poland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Poland GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.60 0.30 6.10 -3.10 1995 - 2016 percent Quarterly



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