Poland's economy shrank by a record 8.9 percent on quarter in the three months to June 2020, entering a recession, as restriction measures imposed to curb the spread of the coronavirus hit activity and demand.
GDP Growth Rate in Poland averaged 0.91 percent from 1995 until 2020, reaching an all time high of 6.10 percent in the first quarter of 1997 and a record low of -8.90 percent in the second quarter of 2020. This page provides - Poland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Poland GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Central Statistical Office of Poland (GUS)
GDP Growth Rate in Poland is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Poland to stand at 1.10 in 12 months time. In the long-term, the Poland GDP Growth Rate is projected to trend around 0.80 percent in 2021 and 0.60 percent in 2022, according to our econometric models.