Poland’s current account posted a EUR 1339 million deficit in September of 2021, switching from a downwardly revised EUR 1417 million surplus in the same period of the previous year and well above market expectations of EUR 1200 million shortfall. The primary account deficit widened to EUR 2700 million from EUR 2087 million a year ago and the secondary income gap rose to EUR 277 million from EUR 173 million. Also, the goods account swung to deficit of EUR 111 million from EUR 1572 million surplus as imports jumped 22 percent while exports rose at a softer 12.2 percent. Moreover, the services surplus narrowed to EUR 1749 million from EUR 2105 million. source: National Bank of Poland

Current Account in Poland averaged -717.14 EUR Million from 2000 until 2021, reaching an all time high of 3333 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 November of 2021.

Current Account in Poland is expected to be 280.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Poland Current Account is projected to trend around 300.00 EUR Million in 2022 and 590.00 EUR Million in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Poland Current Account


Calendar GMT Actual Previous Consensus TEForecast
2021-10-14 12:00 PM Aug €-1686M €-1827M €-896M €-200M
2021-11-15 01:00 PM Sep €-1339M €-1441M €-1200M €-1260M
2021-12-14 01:00 PM Oct €-1339M


Related Last Previous Unit Reference
Balance of Trade -111.00 -1413.00 EUR Million Sep/21
Current Account -1339.00 -1441.00 EUR Million Sep/21
Exports 24537.00 21680.00 EUR Million Sep/21
Imports 24648.00 22959.00 EUR Million Sep/21
External Debt 366510.00 361468.00 USD Million Jun/21
Capital Flows 623.00 333.00 EUR Million Sep/21
Foreign Direct Investment 203380.50 209504.80 EUR Million Dec/20
Remittances 656.00 663.00 EUR Million Jun/21

News Stream
Poland Current Account Swings to Deficit
Poland’s current account posted a EUR 1339 million deficit in September of 2021, switching from a downwardly revised EUR 1417 million surplus in the same period of the previous year and well above market expectations of EUR 1200 million shortfall. The primary account deficit widened to EUR 2700 million from EUR 2087 million a year ago and the secondary income gap rose to EUR 277 million from EUR 173 million. Also, the goods account swung to deficit of EUR 111 million from EUR 1572 million surplus as imports jumped 22 percent while exports rose at a softer 12.2 percent. Moreover, the services surplus narrowed to EUR 1749 million from EUR 2105 million.
2021-11-15
Poland Current Account Deficit Larger than Expectations
Poland’s current account posted a EUR 1686 million deficit in August of 2021, switching from a EUR 995 million surplus in the same period of the previous year and well above a EUR 896 million shortfall. It was the largest deficit since December of 2018. The goods account recorded a EUR 1413 million deficit, compared to a EUR 793 million surplus in August of 2021, as imports jumped 32.8 percent while exports rose at a slower 19.3 percent. Also, service surplus narrowed to EUR 1,797 million from EUR 1,935 million and the secondary income account posted a EUR 84 million surplus, switching from a EUR 22 million gap.
2021-10-15
Poland Current Account Deficit Larger than Forecast
Poland’s current account posted a EUR 1,827 million deficit in July of 2021, switching from a EUR 650 million surplus in the same period of the previous year and well above a EUR 150 million shortfall. It was the first deficit since August of 2019 and the largest since June of 2015. The goods account recorded a EUR 714 million gap, compared to a EUR 766 million surplus in July 2020, as imports jumped 22 percent while exports rose at a softer 14 percent. Also, the services surplus narrowed to EUR 1,464 million from EUR 1,844 million; the primary income deficit widened to EUR 2,472 million from EUR 1,943 million and the secondary income shortfall advanced to EUR 105 million from EUR 17 million.
2021-09-13

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).