Poland recorded a Current Account surplus of 3.60 percent of the country's Gross Domestic Product in 2020. source: EUROSTAT

Current Account to GDP in Poland averaged -4.24 percent from 1980 until 2020, reaching an all time high of 5.30 percent in 1994 and a record low of -15.70 percent in 1981. This page provides - Poland Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Poland Current Account to GDP - values, historical data and charts - was last updated on August of 2021.

Current Account to GDP in Poland is expected to reach 2.80 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Poland Current Account to GDP is projected to trend around 2.00 percent in 2022 and 1.50 percent in 2023, according to our econometric models.

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Poland Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
3.60 0.50 5.30 -15.70 1980 - 2020 percent of GDP Yearly

Poland Trade Last Previous Highest Lowest Unit
Balance of Trade 185.00 1300.00 2291.00 -2378.00 EUR Million [+]
Current Account 60.00 1740.00 3341.00 -3565.00 EUR Million [+]
Current Account to GDP 3.60 0.50 5.30 -15.70 percent of GDP [+]
Imports 22451.00 22084.00 23773.00 3418.00 EUR Million [+]
Exports 22636.00 23384.00 24651.00 2499.00 EUR Million [+]
External Debt 361468.00 372914.00 397297.00 59532.45 USD Million [+]
Terms of Trade 97.70 102.10 112.30 90.60 points [+]
Capital Flows 1533.00 4001.00 5518.00 -4741.00 EUR Million [+]
Foreign Direct Investment 209504.80 199789.70 209504.80 9228.20 EUR Million [+]
Remittances 584.00 594.00 828.00 189.00 EUR Million [+]
Gold Reserves 228.66 228.66 228.66 102.80 Tonnes [+]
Terrorism Index 0.24 0.48 0.96 0.00 [+]
Weapons Sales 13.00 9.00 406.00 1.00 SIPRI TIV Million [+]


Poland Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.