The Gross Domestic Product (GDP) in Poland contracted 2.30 percent in the second quarter of 2022 over the previous quarter. source: Central Statistical Office of Poland (GUS)

GDP Growth Rate in Poland averaged 0.99 percent from 1995 until 2022, reaching an all time high of 7.30 percent in the third quarter of 2020 and a record low of -9.10 percent in the second quarter of 2020. This page provides - Poland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Poland GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

GDP Growth Rate in Poland is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Poland GDP Growth Rate is projected to trend around 0.80 percent in 2023, according to our econometric models.

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Poland GDP Growth Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-05-31 08:00 AM QoQ Final Q1 2.5% 1.8% 2.4%
2022-08-17 08:00 AM QoQ Prel Q2 -2.3% 2.5% -0.8% -0.6%
2022-08-31 08:00 AM QoQ Final Q2 2.5% -2.3% -2.3%

Related Last Previous Unit Reference
GDP Growth Rate -2.30 2.50 percent Jun 2022
GDP Annual Growth Rate 5.30 8.50 percent Jun 2022
GDP Constant Prices 652703.80 695648.50 PLN Million Mar 2022
Gross Fixed Capital Formation 81050.20 153411.60 PLN Million Mar 2022
Full Year GDP Growth 5.70 -2.50 percent Dec 2021
GDP from Manufacturing 113711.00 135885.70 PLN Million Mar 2022
GDP from Construction 26977.20 45922.50 PLN Million Mar 2022
GDP from Agriculture 16081.90 14012.70 PLN Million Mar 2022

Poland GDP Growth Rate
Poland is the 8th biggest economy in the European Union, yet GDP per capita remains significantly below the EU average. The country's industrial base combines coal, textile, chemical, machinery, iron, and steel sectors and has expanded more recently to include fertilizers, petrochemicals, machine tools, electrical machinery, electronics, cars and shipbuilding. 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.
Actual Previous Highest Lowest Dates Unit Frequency
-2.30 2.50 7.30 -9.10 1995 - 2022 percent Quarterly