Poland’s current account gap increased to EUR 1,400 million in December of 2018 from EUR 1,354 million in the same month of the previous year. The goods deficit widened to EUR 1,340 million from EUR 1,196 million a year earlier and the secondary income account posted a EUR 321 million shortfall, switching from a EUR 126 million surplus in December of 2017. On the other hand, the primary income gap narrowed to EUR 1,566 million from EUR 1,848 million and the services surplus went up to EUR 1,827 million from EUR 1,564 million in the corresponding month of 2017. Current Account in Poland averaged -827.80 EUR Million from 2000 until 2018, reaching an all time high of 2418 EUR Million in January of 2017 and a record low of -3512 EUR Million in June of 2011.

Current Account in Poland is expected to be -200.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Poland to stand at 150.00 in 12 months time. In the long-term, the Poland Current Account is projected to trend around 280.00 EUR Million in 2020, according to our econometric models.

Poland Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-13 01:00 PM Current Account €-547M €-582M €-189M €-200M
2018-12-14 01:00 PM Current Account €-457M €-547M €-450M €-100M
2019-01-14 01:00 PM Current Account €-221M €-471M €-484M €-220M
2019-02-13 01:00 PM Current Account €-1400M €-240M €-1110M €-980M
2019-03-18 01:00 PM Current Account €-1400M €1990M
2019-04-12 12:00 PM Current Account €-490M
2019-05-14 12:00 PM Current Account €-200M


Poland Trade Last Previous Highest Lowest Unit
Balance of Trade -1340.00 -222.00 783.00 -2263.00 EUR Million [+]
Current Account -1400.00 -240.00 2418.00 -3512.00 EUR Million [+]
Current Account to GDP 0.30 -0.30 5.30 -15.70 percent [+]
Exports 16005.00 20058.00 20500.00 2499.00 EUR Million [+]
Imports 17345.00 20280.00 21069.00 3418.00 EUR Million [+]
External Debt 367245.00 362827.00 393406.00 59532.45 USD Million [+]
Terms of Trade 96.50 93.10 112.30 90.60 Index Points [+]
Capital Flows 5417.00 1920.00 5417.00 -4730.00 EUR Million [+]
Foreign Direct Investment 199053.00 176005.00 199053.00 9228.20 EUR Million [+]
Remittances 614.00 592.00 828.00 189.00 EUR Million [+]
Gold Reserves 128.60 128.60 128.60 102.80 Tonnes [+]
Terrorism Index 0.72 0.38 0.96 0.00 [+]
Weapons Sales 3.00 4.00 406.00 1.00 USD Million [+]
Crude Oil Production 21.00 22.00 23.00 4.60 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Poland Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Poland Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Poland Current Account - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1400.00 -240.00 2418.00 -3512.00 2000 - 2018 EUR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -7591.00 Sep/18
Australia -10688.00 Sep/18
Brazil -815.00 Dec/18
Canada -10343.00 Sep/18
China 546.00 Dec/18
Euro Area 23.25 Nov/18
France -1117.00 Dec/18
Germany 21000.00 Dec/18
India -19100.00 Sep/18
Indonesia -9148.00 Dec/18
Italy 4805.70 Nov/18
Japan 452.80 Dec/18
Mexico -5081.50 Sep/18
Netherlands 20484.80 Sep/18
Russia 38800.00 Dec/18
Saudi Arabia 29583.00 Sep/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 4819.30 Dec/18
Spain 1770.00 Nov/18
Switzerland 14596.00 Sep/18
Turkey -1437.00 Dec/18
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


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