Poland posted a current account surplus of EUR 2,455 million in May of 2020, compared to a EUR 227 million deficit in the corresponding month of the previous year. The goods account recorded a EUR 1,250 million surplus, switching from a EUR 260 million gap a year earlier; and the primary income shortfall narrowed sharply to EUR 100 million from EUR 2,135 million. On the other hand, the services surplus fell to EUR 1,518 million from EUR 2,094 million and the secondary income account posted a EUR 213 million gap against a EUR 74 million surplus in May of 2019.
Current Account in Poland averaged -727.35 EUR Million from 2000 until 2020, reaching an all time high of 2581 EUR Million in January of 2017 and a record low of -3510 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 August of 2020. source: National Bank of Poland
Current Account in Poland is expected to be 320.00 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 -220.00 in 12 months time. In the long-term, the Poland Current Account is projected to trend around 280.00 EUR Million in 2021 and 300.00 EUR Million in 2022, according to our econometric models.