Poland posted a current account gap of EUR 547 million in September of 2018 compared to a EUR 21 million surplus in the corresponding month of the previous year and well above market expectations of a EUR 189 million shortfall. The goods account switched to a EUR 449 million deficit from a EUR 430 million surplus a year earlier and the primary income gap rose to EUR 2,074 million from EUR 1,817 million. On the other hand, the services surplus widened to EUR 1,702 million from EUR 1,481 million and the secondary income account recorded a EUR 274 million surplus, compared to a EUR 73 million deficit in September of 2017. Current Account in Poland averaged -826.93 EUR Million from 2000 until 2018, reaching an all time high of 2418 EUR Million in January of 2017 and a record low of -3512 EUR Million in June of 2011.

Current Account in Poland is expected to be -37.00 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 250.00 in 12 months time. In the long-term, the Poland Current Account is projected to trend around 220.00 EUR Million in 2020, according to our econometric models.

Poland Current Account
width
height
Forecast Data Chart
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.


Calendar GMT Actual Previous Consensus TEForecast
2018-09-13 12:00 PM Current Account €-809M €-240M €-596M €-320M
2018-10-15 12:00 PM Current Account €-549M €-750M €-396M -€300M
2018-11-13 01:00 PM Current Account €-547M €-582M €-189M €-200M
2018-12-14 01:00 PM Current Account €-547M €551M


Poland Trade Last Previous Highest Lowest Unit
Balance of Trade -449.00 -376.00 783.00 -2263.00 EUR Million [+]
Exports 17683.00 17165.00 18743.00 2499.00 EUR Million [+]
Imports 18132.00 17541.00 18473.00 3418.00 EUR Million [+]
Current Account -547.00 -582.00 2418.00 -3512.00 EUR Million [+]
Current Account to GDP 0.30 -0.30 5.30 -15.70 percent [+]
External Debt 362827.00 392174.00 393406.00 59532.45 USD Million [+]
Terms of Trade 101.20 96.00 112.30 90.60 Index Points [+]
Capital Flows -533.00 104.00 5293.00 -4730.00 EUR Million [+]
Foreign Direct Investment 199053.00 176005.00 199053.00 9228.20 EUR Million [+]
Remittances 602.00 652.00 828.00 189.00 EUR Million [+]
Gold Reserves 112.30 103.00 112.30 102.80 Tonnes [+]
Terrorism Index 0.38 0.00 0.96 0.00 [+]
Weapons Sales 3.00 4.00 406.00 1.00 USD Million [+]
Crude Oil Production 22.00 21.00 23.00 4.60 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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). 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 - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-547.00 -582.00 2418.00 -3512.00 2000 - 2018 EUR Million Monthly
Current Prices, NSA




Country Last
Argentina -8292.00 Jun/18
Australia -13472.00 Jun/18
Brazil 31.80 Sep/18
Canada -15880.00 Jun/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -1918.00 Sep/18
Germany 21141.17 Sep/18
India -15807.13 Jun/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1821.60 Sep/18
Mexico -3882.10 Jun/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 22832.40 Jun/18
South Africa -163760.00 Jun/18
South Korea 10831.40 Sep/18
Spain 1830.00 Aug/18
Switzerland 22143.83 Jun/18
Turkey 1830.00 Sep/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


Related

Latest