Poland’s gross domestic product advanced 0.5 percent on quarter in the three months to December of 2018, easing from a 1.6 percent growth in the third quarter and in line with earlier estimates. It was the softest pace of expansion since the third quarter of 2016. On a yearly basis, the economy expanded 4.9 percent, below a 5.1 percent advance in the third quarter. GDP Growth Rate in Poland averaged 1.02 percent from 1995 until 2018, reaching an all time high of 6.10 percent in the first quarter of 1997 and a record low of -3.10 percent in the fourth quarter of 1996.

GDP Growth Rate in Poland is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Poland to stand at 0.60 in 12 months time. In the long-term, the Poland GDP Growth Rate is projected to trend around 0.50 percent in 2020, according to our econometric models.

Poland GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-14 09:00 AM GDP Growth Rate QoQ Prel 1.7% 1.1% 1% 0.8%
2018-11-30 09:00 AM GDP Growth Rate QoQ Final 1.7% 1% 1.7% 1.7%
2019-02-14 09:00 AM GDP Growth Rate QoQ Prel 0.5% 1.7% 0.9% 0.8%
2019-02-28 09:00 AM GDP Growth Rate QoQ Final 0.5% 1.7% 0.9% 0.5%
2019-05-15 08:00 AM GDP Growth Rate QoQ Prel 0.5% 0.7%
2019-05-31 08:00 AM GDP Growth Rate QoQ Final 0.5% 0.7%
2019-08-14 08:00 AM GDP Growth Rate QoQ Prel 0.7%


Poland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 1.70 6.10 -3.10 percent [+]
GDP Annual Growth Rate 4.90 5.10 8.10 0.10 percent [+]
GDP 524.51 471.40 545.18 63.90 USD Billion [+]
GDP Constant Prices 587672.00 516236.40 587672.00 82266.40 PLN Million [+]
Gross Fixed Capital Formation 145217.10 91965.60 145217.10 11786.40 PLN Million [+]
GDP per capita 15751.23 15067.97 15751.23 5510.63 USD [+]
GDP per capita PPP 27216.44 26035.84 27216.44 9521.78 USD [+]
GDP From Agriculture 9864.20 10531.10 12846.30 5005.60 PLN Million [+]
GDP From Construction 37888.60 22457.50 44425.60 6350.90 PLN Million [+]
GDP From Manufacturing 92144.40 111187.40 111187.40 28635.00 PLN Million [+]


Poland GDP Growth Rate

Poland is the 8th biggest economy in the European Union, yet GDP per capita remains significantly below the EU average. The country's industrial base combines coal, textile, chemical, machinery, iron, and steel sectors and has expanded more recently to include fertilizers, petrochemicals, machine tools, electrical machinery, electronics, cars and shipbuilding. On the expenditure side, household consumption is the main component of GDP and accounts for 60 percent of its total use, followed by gross fixed capital formation (20 percent) and government expenditure (18 percent). Exports of goods and services account for 47 percent of GDP while imports account for 46 percent, adding 1 percent of total GDP. . This page provides - Poland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Poland GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 1.70 6.10 -3.10 1995 - 2018 percent Quarterly




Country Last Previous
United States 2.60 Dec/18
Saudi Arabia 1.60 Sep/18
China 1.50 Dec/18
India 1.50 Sep/18
Singapore 1.40 Dec/18
South Africa 1.40 Dec/18
South Korea 1.00 Dec/18
Spain 0.70 Dec/18
Japan 0.50 Dec/18
Netherlands 0.50 Dec/18
France 0.30 Dec/18
Russia 0.30 Sep/18
Australia 0.20 Dec/18
Euro Area 0.20 Dec/18
Mexico 0.20 Dec/18
Switzerland 0.20 Dec/18
United Kingdom 0.20 Dec/18
Brazil 0.10 Dec/18
Canada 0.10 Dec/18
Germany 0.00 Dec/18
Italy -0.10 Dec/18
Argentina -1.20 Dec/18
Indonesia -1.69 Dec/18
Turkey -2.40 Dec/18


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