Poland Government Debt To GDP

Poland recorded a Government Debt to GDP of 57 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Poland is reported by the Eurostat. Government Debt To GDP in Poland averaged 46.56 Percent from 1995 until 2013, reaching an all time high of 57 Percent in 2013 and a record low of 36.80 Percent in 2000. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Poland Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
57.00 55.60 57.00 36.80 53.50 | 2014/12 1995 - 2013 Percent Yearly

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Poland Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Budget Value -11734.70 2014-02-28 -2601.09 4407.34 -44591.10 -20977.11 2014-03-31 PLN Million [+]
Government Spending 85016.10 2013-11-15 71380.70 85016.10 16268.00 81010.68 2014-03-31 PLN Million [+]
Government Debt To GDP 57.00 2013-12-31 55.60 57.00 36.80 53.50 2014-12-31 Percent [+]
Credit Rating 67.41 [+]
Government Budget -4.30 2013-12-31 -3.90 -1.90 -7.90 -4.00 2014-12-31 Percent of GDP [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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Poland Unemployment Rate at 13.9%  
In February of 2014, Polish jobless rate slowed marginally to 13.9 percent from 14 percent in January. It is the first decline in six months.
Polish GDP Growth Revised Up to 0.6%  
In the fourth quarter of 2013, Poland’s economic growth was revised upwards to 0.6 percent on a quarter-on-quarter basis, up from an earlier estimate of 0.5 percent, but down from 0.7 percent in the previous three-month period.
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In January of 2014, Poland’s jobless rate rose for the third straight month to 14 percent from 13.4 percent recorded in December last year. A year earlier, unemployment was recorded at 14.2 percent.
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Poland's GDP grew 0.5 percent from the previous quarter in the last three months of 2013, down from 0.7 percent in the third quarter as consumer spending recovery was lower than expected.
Poland Unemployment Rises to 7-Month High in December  
In December of 2013, Polish jobless rate rose to 13.4 percent from 13.2 percent recorded in November. It is the highest jobless rate since May of 2013.
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In November of 2013, Polish jobless rate increased to 13.2 percent after remaining steady at 13 percent in the previous three months, mainly due to seasonal effects. Last year, November’s unemployment was recorded at 12.9 percent.
Polish GDP Growth Confirmed at 0.6% QoQ in Q3  
In the third quarter of 2013, Poland's economy expanded 0.6 percent over the previous three-month period, up from 0.4 percent in the June quarter. The figures match the initial estimate released earlier November and show that the economy accelerated for the third straight quarter.
Poland Unemployment Rate Unchanged in October  
In October, Polish jobless rate remained unchanged at 13 percent for the third consecutive month, after falling in the previous nine months. Youth unemployment continued to fall when compared with the previous year.
Polish Economy Rebounds in Q3  
Poland's GDP expanded by 0.6 percent quarter-to-quarter from July to September compared to 0.4 percent growth in the previous three month period, according to a flash estimate published by statistics office GUS.
Polish Unemployment Rate Steady at 13% in September  
In September of 2013, Poland's unemployment rate remained unchanged at 13 percent, after falling in the previous nine months.
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