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.