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

The Gross Domestic Product (GDP) in Poland expanded 0.70 percent in the fourth 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
0.70 0.80 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 Tuesday, March 3, 2015.


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.

Gross fixed capital formation slowed to 1.4 percent in the last three months of 2014, after rising 2.3 percent in the previous quarter. Household consumption increased 0.9 percent, the same pace as in the previous two quarters and public spending increased 0.7 percent, the same as in Q3. 

Exports rose at a faster 2.4 percent and imports increased 3.2 percent, following 1.6 percent and 2.6 percent growth respectively in Q3.

Year-on-year, the economy expanded 3.1 percent, up by 0.1 percentage point from preliminary estimate. 

For full 2014, the GDP growth remained unrevised at 3.3 percent. 

Joana Taborda | joana.taborda@tradingeconomics.com
2/27/2015 9:48:28 AM


Recent Releases

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


Calendar GMT Event Actual Previous Consensus Forecast (i)
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 Prel  Q4
0.6% 0.8% (R) 0.62%
2015-02-27 09:00 AM
GDP Growth Rate QoQ Final  Q4
0.7% 0.8% 0.6% 0.6%
2015-05-15 09:00 AM
GDP Growth Rate QoQ Prel  Q1
0.7% 0.57%
2015-05-29 09:00 AM
GDP Growth Rate QoQ Final  Q1
0.7%
2015-08-14 09:00 AM
GDP Growth Rate QoQ Prel  Q2
0.95%


Poland GDP Last Previous Highest Lowest Unit
GDP 517.54 490.21 529.40 63.90 USD Billion [+]
GDP Growth Rate 0.70 0.80 6.10 -3.10 percent [+]
GDP Annual Growth Rate 3.10 3.30 8.10 0.20 percent [+]
GDP Constant Prices 426647.70 413708.90 458195.20 82266.40 PLN Million [+]
GDP per capita 10752.82 10584.80 10752.82 4379.57 USD [+]
Gross Fixed Capital Formation 133930.30 81854.70 133930.30 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 0.60 Nov/14 0.80 3.33 -1.80 percent [+]
China 1.50 Nov/14 1.90 2.50 1.40 percent [+]
Euro Area 0.30 Nov/14 0.20 1.30 -2.80 percent [+]
France 0.10 Nov/14 0.30 1.60 -1.70 percent [+]
Germany 0.70 Nov/14 0.10 2.10 -3.70 percent [+]
India 1.50 Aug/14 1.30 5.80 -1.90 percent [+]
Indonesia -2.06 Nov/14 3.16 3.82 -3.57 percent [+]
Italy 0.00 Nov/14 -0.10 6.00 -3.50 percent [+]
Japan 0.60 Nov/14 -0.60 3.20 -4.00 percent [+]
Mexico 0.70 Nov/14 0.50 2.90 -6.60 percent [+]
Netherlands 0.50 Nov/14 0.20 2.00 -2.20 percent [+]
Russia 0.04 Aug/14 0.14 4.10 -5.40 percent [+]
South Korea 0.40 Nov/14 0.90 6.80 -7.00 percent [+]
Spain 0.70 Nov/14 0.50 1.53 -1.60 percent [+]
Switzerland 0.60 Nov/14 0.70 1.90 -2.20 percent [+]
Turkey 0.40 Aug/14 -0.50 6.69 -7.57 percent [+]
United Kingdom 0.50 Nov/14 0.70 5.00 -2.70 percent [+]
United States 2.20 Nov/14 5.00 16.90 -10.00 percent [+]