Poland GDP Annual Growth Rate

Poland's economy advanced by 5.1 percent year-on-year in the third quarter of 2018, the same pace as in the previous three-month period and beating market forecasts of a 4.7 percent rise, a preliminary estimate showed. On quarter, the GDP expanded 1.7 percent, following an upwardly revised 1.1 percent rise in the second quarter and well above market consensus of a 1 percent growth. It is the fastest expansion since the fourth quarter of 2016. GDP Annual Growth Rate in Poland averaged 4.18 percent from 1995 until 2018, 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 4.00 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 3.40 in 12 months time. In the long-term, the Poland GDP Annual Growth Rate is projected to trend around 3.20 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-08-14	08:00 AM	GDP Growth Rate YoY Prel	5.1%	5.2%	5.1%	4.7%
2018-08-31	08:00 AM	GDP Growth Rate YoY Final	5.1%	5.2%	5.1%	5.1%
2018-11-14	09:00 AM	GDP Growth Rate YoY Prel	5.1%	5.1%	4.7%	4.5%
2018-11-30	09:00 AM	GDP Growth Rate YoY Final		5.1%		5.1%

Poland GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	1.70	1.10	6.10	-3.10	percent	[+]
GDP Annual Growth Rate	5.10	5.10	8.10	0.10	percent	[+]
GDP	524.51	471.40	545.18	63.90	USD Billion	[+]
GDP Constant Prices	500982.30	476489.50	562721.90	82266.40	PLN Million	[+]
Gross Fixed Capital Formation	80831.60	81915.30	142077.00	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	[+]
GDP From Agriculture	9864.20	10531.10	12846.30	5005.60	PLN Million	[+]
GDP From Construction	37888.60	22457.50	44425.60	6350.90	PLN Million	[+]
GDP From Manufacturing	92144.40	111187.40	111187.40	28635.00	PLN Million	[+]

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 November of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	5.10	5.10	8.10	0.10	1995 - 2018	percent	Quarterly	NSA

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Country	Last		Previous	Highest	Lowest
India	8.20	Jun/18	7.7	11.4	-5.2	%	Quarterly
China	6.50	Sep/18	6.7	15.4	3.8	%	Quarterly
Turkey	5.20	Jun/18	7.3	11.7	-14.4	%	Quarterly
Indonesia	5.17	Sep/18	5.27	7.16	1.56	%	Quarterly
Australia	3.40	Jun/18	3.2	9	-3.4	%	Quarterly
Switzerland	3.40	Jun/18	2.9	5.8	-3.7	%	Quarterly
United States	3.00	Sep/18	2.9	13.4	-3.9	%	Quarterly
Mexico	2.60	Sep/18	2.6	9	-9.1	%	Quarterly
Singapore	2.60	Sep/18	4.1	19	-8.8	%	Quarterly
Spain	2.50	Sep/18	2.5	5.6	-4.3	%	Quarterly
Netherlands	2.40	Sep/18	3.1	6.1	-4.6	%	Quarterly
South Korea	2.00	Sep/18	2.8	19.6	-7.4	%	Quarterly
Canada	1.90	Jun/18	2.3	9.3	-4.1	%	Quarterly
Euro Area	1.70	Sep/18	2.2	5	-5.5	%	Quarterly
Saudi Arabia	1.61	Jun/18	1.15	24.2	-20.7	%	Quarterly
France	1.50	Sep/18	1.7	12.6	-3.8	%	Quarterly
United Kingdom	1.50	Sep/18	1.2	9.7	-6.1	%	Quarterly
Russia	1.30	Sep/18	1.9	12.1	-11.2	%	Quarterly
Germany	1.10	Sep/18	2	7.2	-6.8	%	Quarterly
Brazil	1.00	Jun/18	1.2	10.1	-5.6	%	Quarterly
Italy	0.80	Sep/18	1.2	10.3	-7.2	%	Quarterly
South Africa	0.40	Jun/18	0.8	7.1	-2.6	%	Quarterly
Japan	0.30	Sep/18	1.4	9.4	-8.8	%	Quarterly
Argentina	-4.20	Jun/18	3.9	16.2	-16.3	%	Quarterly