Poland Posts Largest Current Account Deficit on Record

2026-10-14 12:16 By Larissa Caser 1 min. read

Poland recorded a current account deficit of €3,567 million in August 2026, the largest on record, widening sharply from a revised €2,661 million in the same month a year earlier.

The goods trade deficit expanded to €3,047 million, its highest level in more than four years, as imports rose 15.4%, outpacing the 13.2% increase in exports.

The primary income deficit widened to €3,780 million from €3,614 million, largely reflecting outflows to foreign direct investors on their investments in Polish entities, alongside income payments on portfolio and other investments.

Meanwhile, the services surplus narrowed to €3,003 million from €3,304 million.

In contrast, the secondary income account swung to a surplus of €257 million, compared with a deficit of €193 million a year earlier.



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Poland Posts Largest Current Account Deficit on Record
Poland recorded a current account deficit of €3,567 million in August 2026, the largest on record, widening sharply from a revised €2,661 million in the same month a year earlier. The goods trade deficit expanded to €3,047 million, its highest level in more than four years, as imports rose 15.4%, outpacing the 13.2% increase in exports. The primary income deficit widened to €3,780 million from €3,614 million, largely reflecting outflows to foreign direct investors on their investments in Polish entities, alongside income payments on portfolio and other investments. Meanwhile, the services surplus narrowed to €3,003 million from €3,304 million. In contrast, the secondary income account swung to a surplus of €257 million, compared with a deficit of €193 million a year earlier.
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