Poland’s current account deficit widened to EUR 1,468 million in June of 2022 from EUR 464 million in the corresponding period of the previous year, but well below market estimates of a EUR 2,350 deficit. The goods account swung to a deficit of EUR 849 million from a EUR 321 million surplus, and the secondary income gap widened sharply to EUR 1,039 million from EUR 351 million. On the other hand, the services surplus rose to EUR 2,880 million from EUR 2,512 million and the primary income gap narrowed to EUR 2,460 million from EUR 2,946 million. source: National Bank of Poland

Current Account in Poland averaged -778.08 EUR Million from 2000 until 2022, reaching an all time high of 3694 EUR Million in June of 2020 and a record low of -4010 EUR Million in March of 2022. 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 August of 2022.

Current Account in Poland is expected to be 760.00 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 590.00 EUR Million in 2023 and 280.00 EUR Million in 2024, according to our econometric models.

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Poland Current Account



Calendar GMT Actual Previous Consensus TEForecast
2022-07-14 12:00 PM May €-1909M €-3476M €-3525M €-4050M
2022-08-12 12:00 PM Jun €-1468M €-1485M €-2350M €-2900M
2022-09-13 12:00 PM Jul €-1468M


Related Last Previous Unit Reference
Balance of Trade -849.00 -1157.00 EUR Million Jun 2022
Current Account -1468.00 -1909.00 EUR Million Jun 2022
Exports 28076.00 28289.00 EUR Million Jun 2022
Imports 28925.00 29446.00 EUR Million Jun 2022
External Debt 362327.00 362938.00 USD Million Mar 2022
Capital Flows -71.00 607.00 EUR Million Jun 2022
Foreign Direct Investment 203380.50 214553.30 EUR Million Dec 2020
Remittances 659.00 657.00 EUR Million Dec 2021

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).
Actual Previous Highest Lowest Dates Unit Frequency
-1468.00 -1909.00 3694.00 -4010.00 2000 - 2022 EUR Million Monthly
Current Prices, NSA

News Stream
Polish Current Account Gap Widens
Poland’s current account deficit widened to EUR 1,468 million in June of 2022 from EUR 464 million in the corresponding period of the previous year, but well below market estimates of a EUR 2,350 deficit. The goods account swung to a deficit of EUR 849 million from a EUR 321 million surplus, and the secondary income gap widened sharply to EUR 1,039 million from EUR 351 million. On the other hand, the services surplus rose to EUR 2,880 million from EUR 2,512 million and the primary income gap narrowed to EUR 2,460 million from EUR 2,946 million.
2022-08-12
Polish Current Account Swings to Deficit
Poland posted a current account gap of EUR 1,909 million in May of 2022, compared to a EUR 491 million surplus in the same month of the previous year and market estimates of a EUR 3,525 million shortfall. The goods account shifted to a deficit of EUR 1,222 million, compared with a surplus of EUR 653 million a year ago while the services surplus widened to EUR 2,494 million from EUR 2,006 million. At the same time, the primary income deficit rose to EUR 2,562 million from EUR 1,888 million and the secondary income shortfall went up to EUR 619 million from EUR 280 million.
2022-07-14
Poland Posts Record Current Account Gap
Poland posted a current account deficit of EUR 3,924 million in April of 2022, the largest ever recorded, compared to a EUR 1,282 million surplus in the same month of the previous year and beating market expectations a EUR 2,299 million gap. The goods account swung to a EUR 2,466 million gap from a EUR 1,211 million surplus a year ago and the services surplus narrowed to EUR 2,236 million from EUR 2,302 million. At the same time, the primary income deficit rose to EUR 2,844 million from EUR 2,150 million while the secondary income shortfall widened to EUR 850 million from EUR 81 million.
2022-06-13