Polish current account deficit increased to EUR 457 million in October of 2018 from EUR 13 million in the corresponding month of the previous year and slightly. Figures came slightly above market expectations of a EUR 450 million shortfall, as the goods balance shifted to a EUR 588 million deficit from a EUR 356 million surplus a year ago. Meanwhile, the primary income gap decreased to EUR 1769 million from EUR 1870 million and the secondary income shortfall narrowed to EUR 30 million from EUR 74 million. Also, the services surplus rose to EUR 1930 million from EUR 1575 million in October 2017. Current Account in Poland averaged -825.30 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
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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 €-457M €-547M €-450M €-100M
2019-01-14 01:00 PM Current Account €-457M
2019-02-13 01:00 PM Current Account € -37M
2019-03-15 01:00 PM Current Account


Poland Trade Last Previous Highest Lowest Unit
Balance of Trade -588.00 -449.00 783.00 -2263.00 EUR Million [+]
Current Account -457.00 -547.00 2418.00 -3512.00 EUR Million [+]
Current Account to GDP 0.30 -0.30 5.30 -15.70 percent [+]
Exports 20143.00 17683.00 20143.00 2499.00 EUR Million [+]
Imports 20731.00 18132.00 20731.00 3418.00 EUR Million [+]
External Debt 362827.00 392174.00 393406.00 59532.45 USD Million [+]
Terms of Trade 100.60 101.20 112.30 90.60 Index Points [+]
Capital Flows 2952.00 -533.00 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 21.00 22.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-457.00 -547.00 2418.00 -3512.00 2000 - 2018 EUR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -8292.00 Jun/18
Australia -10688.00 Sep/18
Brazil 329.00 Oct/18
Canada -10343.00 Sep/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -684.00 Oct/18
Germany 15900.00 Oct/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1309.90 Oct/18
Mexico -5081.50 Sep/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 9190.00 Oct/18
Spain 899.00 Sep/18
Switzerland 22143.83 Jun/18
Turkey 2770.00 Oct/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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