Poland’s economy advanced 4.6 percent year-on-year in the first quarter of 2019, slowing from a 4.9 percent expansion in the previous period but beating market expectations of 4.5 percent, a preliminary estimate showed. It was the weakest growth rate since the second quarter of 2017. On a quarterly basis, the GDP rose 1.4 percent, after a 0.5 percent growth in the prior period. GDP Annual Growth Rate in Poland averaged 4.19 percent from 1995 until 2019, reaching an all time high of 8.10 percent in the fourth quarter of 1996 and a record low of 0.10 percent in the first quarter of 2013.

GDP Annual Growth Rate in Poland is expected to be 4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Poland to stand at 4.00 in 12 months time. In the long-term, the Poland GDP Annual Growth Rate is projected to trend around 2.90 percent in 2020, according to our econometric models.

Poland GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-31 09:00 AM Full Year GDP Growth 5.1% 4.8% 5% 4.9%
2019-02-14 09:00 AM GDP Growth Rate YoY Prel 4.9% 5.1% 4.8% 4.9%
2019-02-28 09:00 AM GDP Growth Rate YoY Final 4.9% 5.1% 4.8% 4.9%
2019-05-15 08:00 AM GDP Growth Rate YoY Prel 4.6% 4.9% 4.6% 4.4%
2019-05-31 08:00 AM GDP Growth Rate YoY Final 4.9% 4.6% 4.6%
2019-08-14 08:00 AM GDP Growth Rate YoY Prel 4.3%
2019-08-30 08:00 AM GDP Growth Rate YoY Final 4.3%


Poland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.40 0.50 6.10 -3.10 percent [+]
GDP Annual Growth Rate 4.60 4.90 8.10 0.10 percent [+]
GDP 524.51 471.40 545.18 63.90 USD Billion [+]
GDP Constant Prices 587672.00 516236.40 587672.00 82266.40 PLN Million [+]
Gross Fixed Capital Formation 145217.10 91965.60 145217.10 11786.40 PLN Million [+]
GDP per capita 15751.23 15067.97 15751.23 5510.63 USD [+]
GDP per capita PPP 27216.44 26035.84 27216.44 9521.78 USD [+]


Poland GDP Annual Growth Rate

Poland’s 38-million consumer market is one of the biggest in Europe. Poland's main industries are:food and beverage processing, shipbuilding and the manufacture of machinery, iron and steel products, chemicals, glass and textiles. 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. This page provides - Poland GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Poland GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.60 4.90 8.10 0.10 1995 - 2019 percent Quarterly
NSA




Country Last Previous
India 6.60 Dec/18
China 6.40 Mar/19
Indonesia 5.07 Mar/19
Saudi Arabia 3.60 Dec/18
United States 3.20 Mar/19
Spain 2.40 Mar/19
Australia 2.30 Dec/18
South Korea 1.80 Mar/19
United Kingdom 1.80 Mar/19
Netherlands 1.70 Mar/19
Canada 1.60 Dec/18
Switzerland 1.40 Dec/18
Euro Area 1.20 Mar/19
Mexico 1.20 Mar/19
Singapore 1.20 Mar/19
Brazil 1.10 Dec/18
France 1.10 Mar/19
South Africa 1.10 Dec/18
Japan 0.80 Mar/19
Germany 0.70 Mar/19
Russia 0.50 Mar/19
Italy 0.10 Mar/19
Turkey -3.00 Dec/18
Argentina -6.20 Dec/18


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