The Gross Domestic Product (GDP) in Poland expanded 1.30 percent in the third quarter of 2019 over the previous quarter. GDP Growth Rate in Poland averaged 1.02 percent from 1995 until 2019, 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. source: Central Statistical Office of Poland (GUS)

GDP Growth Rate in Poland is expected to be 1.10 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 0.60 in 12 months time. In the long-term, the Poland GDP Growth Rate is projected to trend around 0.80 percent in 2020, according to our econometric models.

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Poland GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.30 0.80 6.10 -3.10 1995 - 2019 percent Quarterly
SA



Calendar GMT Actual Previous Consensus TEForecast
2019-08-14 08:00 AM GDP Growth Rate QoQ Prel Q2 0.8% 1.4% 1.1% 0.9%
2019-08-30 08:00 AM GDP Growth Rate QoQ Final Q2 0.8% 1.4% 0.8% 0.8%
2019-11-14 09:00 AM GDP Growth Rate QoQ Prel Q3 1.3% 0.8% 1.1% 0.9%
2019-11-29 09:00 AM GDP Growth Rate QoQ Final Q3 1.3% 0.8% 1.3% 1.3%
2020-02-14 09:00 AM GDP Growth Rate QoQ Prel Q4 1.3% 1.1%


Poland GDP Growth Rate
Poland is the 8th biggest economy in the European Union, yet GDP per capita remains significantly below the EU average. The country's industrial base combines coal, textile, chemical, machinery, iron, and steel sectors and has expanded more recently to include fertilizers, petrochemicals, machine tools, electrical machinery, electronics, cars and shipbuilding. On the expenditure side, household consumption is the main component of GDP and accounts for 60 percent of its total use, followed by gross fixed capital formation (20 percent) and government expenditure (18 percent). Exports of goods and services account for 47 percent of GDP while imports account for 46 percent, adding 1 percent of total GDP. .

Poland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.30 0.80 6.10 -3.10 percent [+]
GDP Annual Growth Rate 3.90 4.60 8.10 0.10 percent [+]
GDP 585.78 526.37 585.78 63.90 USD Billion [+]
GDP Constant Prices 544165.00 531234.20 586965.20 85287.50 PLN Million [+]
Gross Fixed Capital Formation 97656.70 90091.00 145217.10 11786.40 PLN Million [+]
GDP per capita 16639.70 15826.40 16639.70 5510.70 USD [+]
GDP per capita PPP 28751.60 27346.30 28751.60 9521.80 USD [+]