Poland’s current account surplus widened to EUR 430 million in December 2020 from EUR 73 million in the corresponding month of the previous year but below market expectations of EUR 1005 million. The goods surplus rose to EUR 333 million from EUR 118 million, as exports climbed 14.8 percent while imports increased at a softer 13.6 percent. Also, the services surplus went up to EUR 1811 million from EUR 1542 million and the primary income deficit narrowed to EUR 1438 million from EUR 1532 million. Meantime, the secondary income shortfall advanced to EUR 276 million from EUR 55 million. source: National Bank of Poland

Current Account in Poland averaged -743.96 EUR Million from 2000 until 2020, reaching an all time high of 3175 EUR Million in June of 2020 and a record low of -3565 EUR Million in June of 2011. This page provides the latest reported value for - Poland Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Poland Current Account - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Current Account in Poland is expected to be 360.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Poland to stand at 280.00 in 12 months time. In the long-term, the Poland Current Account is projected to trend around 300.00 EUR Million in 2022, according to our econometric models.

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Poland Current Account

Actual Previous Highest Lowest Dates Unit Frequency
430.00 2116.00 3175.00 -3565.00 2000 - 2020 EUR Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-13 01:00 PM Sep €1072M €1275M €1569M €1510M
2020-12-14 01:00 PM Oct €2241M €1072M €1086M €820M
2021-01-13 01:00 PM Nov €1725M €2356M €1950M €1580M
2021-02-15 01:00 PM Dec €430M €2116M €1005M €990M
2021-03-16 01:00 PM Jan €430M
2021-04-14 12:00 PM Feb
2021-05-14 12:00 PM Mar
2021-06-15 12:00 PM Apr


News Stream
Poland Current Account Surplus Lower than Expected
Poland’s current account surplus widened to EUR 430 million in December 2020 from EUR 73 million in the corresponding month of the previous year but below market expectations of EUR 1005 million. The goods surplus rose to EUR 333 million from EUR 118 million, as exports climbed 14.8 percent while imports increased at a softer 13.6 percent. Also, the services surplus went up to EUR 1811 million from EUR 1542 million and the primary income deficit narrowed to EUR 1438 million from EUR 1532 million. Meantime, the secondary income shortfall advanced to EUR 276 million from EUR 55 million.
2021-02-15
Polish Current Account Surplus Widens Less than Expected
Poland’s current account surplus widened to EUR 1,725 million in November of 2020 from EUR 1,182 million in the corresponding month of the previous year but below market expectations of EUR 1,950 million. The goods surplus rose to EUR 1,756 million from EUR 821 million, as exports climbed 9.5 percent while imports increased at a softer 5.3 percent. Also, the primary income deficit narrowed to EUR 1,806 million from EUR 2,100 million. On the other hand, the services surplus went down to EUR 2,353 million from EUR 2,417 million and the secondary income account posted a EUR 578 million deficit, switching from a EUR 44 million surplus.
2021-01-13
Polish Current Account Widens More than Expected
Poland’s current account surplus widened to EUR 2,241 million in October 2020 from EUR 243 million in the corresponding month of the previous year, above market expectations of EUR 1,086 million. The goods surplus rose to EUR 1,732 million from EUR 146 million, as exports climbed 3.7 percent and imports fell 3.5 percent. Also, the primary income deficit narrowed to EUR 1,404 million from EUR 2,004 million. On the other hand, the services surplus went down to EUR 2,031 million from EUR 2,173 million and the secondary income gap rose to EUR 118 million from EUR 72 million.
2020-12-14
Polish Current Account Surplus Narrows in September
Poland’s current account surplus shrank to EUR 1,072 million in September 2020 from EUR 1,182 million in the corresponding month of the previous year, below market expectations of EUR 1569 million. The services surplus narrowed to EUR 1,746 million from EUR 2,417 million and the secondary income account posted a EUR 98 million gap, switching from a EUR 44 million surplus. On the other hand, the goods surplus widened to EUR 1,238 million from EUR 821 million and the primary income gap fell to EUR 1,814 million from EUR 2,100 million.
2020-11-13

Poland Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).