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

The Gross Domestic Product (GDP) in Poland expanded 1 percent in the first quarter of 2015 over the previous quarter. 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
1.00 0.80 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 Wednesday, August 5, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-02-27 09:00 AM Q4 0.7% 0.8% 0.6% 0.6%
2015-05-15 09:00 AM Q1 1.0% 0.8% (R) 0.57%
2015-05-29 09:00 AM Q1 1.0% 0.8% 1.0% 1.0%
2015-08-14 09:00 AM Q2 1.0% 1%
2015-08-28 09:00 AM Q2 1.0%
2015-11-13 09:00 AM Q3 0.95%


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.

Total consumption expenditure in the first quarter of 2015 increased by 0.9 percent, as household consumption grew 1.1 percent (+0.8 percent in Q4). Public spending eased to a 0.3 percent expansion, after increasing 1.1 percent in Q4. 

While gross capital formation contracted 1.3 percent (+0.7 percent in the precedent quarter), fixed investment rose at a faster 2.9 percent, after expanding 2.4 percent in the previous quarter. 

Exports rose 2.1 percent (+2.2 percent in Q4) and imports increased at a slower 1.5 percent, following a 2.4 percent growth in Q4.

Year-on-year, the economy expanded 3.6 percent, up by 0.3 percentage point from the previous quarter, as fixed investment and private consumption expanded 11.4 percent (+8.6 percent in Q4) and 3.1 percent (+3.0 percent in Q4) respectively. Domestic demand slowed to a 2.6 percent growth (against 5.0 percent in Q4) while total consumption rose 3.1 percent against a 3.8 percent expansion in the precedent period.

Central Statistical Office of Poland | Joana Ferreira | joana.ferreira@tradingeconomics.com
5/29/2015 9:57:51 AM


Recent Releases

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

Polish Economic Growth Weakens in Q4
Poland’s GDP expanded a seasonally adjusted 0.6 percent in the fourth quarter of 2014, slowing from a 0.8 percent growth reported in the previous period, according to preliminary estimates.
Published on 2015-02-13

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.
Published on 2014-11-28


Poland GDP Last Previous Highest Lowest Unit
GDP 548.00 526.06 548.00 63.90 USD Billion [+]
GDP Growth Rate 1.00 0.80 6.10 -3.10 percent [+]
GDP Annual Growth Rate 3.60 3.30 8.10 0.20 percent [+]
GDP Constant Prices 417632.70 477819.30 477819.30 82266.40 PLN Million [+]
GDP per capita 11304.62 10923.23 11304.62 4411.41 USD [+]
Gross Fixed Capital Formation 57671.50 133654.10 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 -0.20 Mar/15 0.30 4.50 -4.20 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 0.40 Mar/15 0.40 1.30 -2.90 percent [+]
France 0.60 Mar/15 0.10 7.70 -5.00 percent [+]
Germany 0.30 Mar/15 0.70 2.10 -3.70 percent [+]
India 4.10 Mar/15 3.10 7.40 -3.40 percent [+]
Indonesia 3.78 Jun/15 -0.18 3.83 -3.57 percent [+]
Italy 0.30 Mar/15 0.00 6.00 -3.50 percent [+]
Japan 1.00 Mar/15 0.30 3.20 -4.00 percent [+]
Mexico 0.40 Mar/15 0.70 2.90 -6.60 percent [+]
Netherlands 0.60 Mar/15 0.90 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 Mar/15 0.50 1.90 -2.20 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 2.30 Jun/15 -0.20 16.90 -10.00 percent [+]