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).

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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 Monday, May 25, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-02-13 09:00 AM Q4 0.6% 0.8% (R) 0.62%
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 0.8% 1.0% 1.0%
2015-08-14 09:00 AM Q2 0.95%
2015-08-28 09:00 AM Q2


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.

It is the highest growth rate since the first quarter of 2014 when the GDP advanced 1.1 percent.

Year-on-year, the economy expanded at a faster 3.5 percent, following a 3.3 percent growth in the last quarter of 2014. The detailed data will be only available in 2 weeks but it is expected that the growth was supported mainly by private consumption and investments, though in the smaller scale than in the previous quarter. Also, negative contribution from the net trade likely declined boosted by higher exports. 

The economy is expected to accelerate to 3.8 percent in 2015, up from an earlier estimate of 3.4 percent, according to the finance minister.

Joana Taborda | joana.taborda@tradingeconomics.com
5/15/2015 11:09:40 AM


Recent Releases

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 Last Previous Highest Lowest Unit
GDP 517.54 490.21 529.40 63.90 USD Billion [+]
GDP Growth Rate 1.00 0.80 6.10 -3.10 percent [+]
GDP Annual Growth Rate 3.50 3.30 8.10 0.20 percent [+]
GDP Constant Prices 476785.30 426647.70 476785.30 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 0.50 Nov/14 0.40 4.50 -2.00 percent [+]
Brazil 0.30 Nov/14 0.20 4.50 -4.20 percent [+]
Canada 0.60 Nov/14 0.80 3.33 -1.80 percent [+]
China 1.30 Feb/15 1.50 2.50 1.40 percent [+]
Euro Area 0.40 Feb/15 0.30 1.30 -2.90 percent [+]
France 0.60 Feb/15 0.00 1.60 -1.70 percent [+]
Germany 0.30 Feb/15 0.70 2.10 -3.70 percent [+]
India 1.60 Nov/14 2.20 5.80 -1.90 percent [+]
Indonesia -0.18 Feb/15 -2.06 3.83 -3.57 percent [+]
Italy 0.30 Feb/15 0.00 6.00 -3.50 percent [+]
Japan 0.60 Feb/15 0.30 3.20 -4.00 percent [+]
Mexico 0.40 Feb/15 0.70 2.90 -6.60 percent [+]
Netherlands 0.40 Feb/15 0.80 2.00 -2.20 percent [+]
Russia 0.00 Nov/14 0.00 4.10 -5.40 percent [+]
South Korea 0.80 Feb/15 0.30 6.80 -7.00 percent [+]
Spain 0.90 Feb/15 0.70 1.53 -1.60 percent [+]
Switzerland 0.60 Nov/14 0.70 1.90 -2.20 percent [+]
Turkey 0.70 Nov/14 0.50 6.69 -7.57 percent [+]
United Kingdom 0.30 Feb/15 0.60 5.00 -2.70 percent [+]
United States 0.20 Feb/15 2.20 16.90 -10.00 percent [+]