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.