The current account gap in Poland rose sharply to EUR 1,386 million in February of 2019 from a EUR 767 million in the corresponding month of the previous year and compared with market expectations of a EUR 290 million shortfall. The goods deficit advanced to EUR 1,327 million from EUR 682 million a year ago and the secondary income shortfall widened to EUR 647 million from EUR 358 million. On the other hand, the services surplus increased to EUR 1,862 million from EUR 1,850 million in February of 2018 and the primary income gap narrowed to EUR 1,274 million from EUR 1,577 million. Current Account in Poland averaged -818.98 EUR Million from 2000 until 2019, 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 -480.00 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 -320.00 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
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 €2316M €-1400M €1560M €1150M
2019-04-12 12:00 PM Current Account €-1386M €1825M €-290M €-490M
2019-05-14 12:00 PM Current Account €-1386M €-200M
2019-06-13 12:00 PM Current Account €150M
2019-07-16 12:00 PM Current Account €210M


Poland Trade Last Previous Highest Lowest Unit
Balance of Trade -1327.00 -290.00 783.00 -2263.00 EUR Million [+]
Current Account -1386.00 1825.00 2418.00 -3512.00 EUR Million [+]
Current Account to GDP -0.70 0.20 5.30 -15.70 percent [+]
Imports 19651.00 18735.00 21153.00 3418.00 EUR Million [+]
Exports 18324.00 18445.00 20686.00 2499.00 EUR Million [+]
External Debt 358789.00 368036.00 395880.00 59532.45 USD Million [+]
Terms of Trade 98.80 99.20 112.30 90.60 Index Points [+]
Capital Flows -177.00 2660.00 5293.00 -4730.00 EUR Million [+]
Foreign Direct Investment 199053.00 176005.00 199053.00 9228.20 EUR Million [+]
Remittances 607.00 614.00 828.00 189.00 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 21.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1386.00 1825.00 2418.00 -3512.00 2000 - 2019 EUR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -494.20 Mar/19
Canada -15483.00 Dec/18
China 545.99 Dec/18
Euro Area 15.50 Feb/19
France -778.00 Feb/19
Germany 16300.00 Feb/19
India -16899.55 Dec/18
Indonesia -9148.00 Dec/18
Italy 3252.80 Feb/19
Japan 2676.85 Feb/19
Mexico -3424.00 Dec/18
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 3601.90 Feb/19
Spain -1472.00 Jan/19
Switzerland 15181.70 Dec/18
Turkey -718.00 Feb/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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