The current account surplus in Poland decreased significantly to EUR 21 million in June 2019 from EUR 192 million in the same month of the previous year. The primary income shortfall increased to EUR 1,909 million from EUR 1,407 million in June 2018 and the secondary gap went up to EUR 99 million from EUR 16 million a year ago. Meanwhile, the goods deficit shrank to EUR 77 million from EUR 369 million, as imports and exports fell 3.1 percent and 1.6 percent, respectively. Also, the services surplus rose to EUR 2,106 million from EUR 1,984 million in the same period of 2018. Current Account in Poland averaged -789.67 EUR Million from 2000 until 2019, reaching an all time high of 2438 EUR Million in January of 2019 and a record low of -3512 EUR Million in June of 2011.

Current Account in Poland is expected to be 250.00 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 -520.00 in 12 months time. In the long-term, the Poland Current Account is projected to trend around 280.00 EUR Million in 2020, according to our econometric models.

Poland Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-14 12:00 PM Current Account Mar €533M €-342M €-980M €-200M
2019-06-13 12:00 PM Current Account Apr €718M €533M €642M €150M
2019-07-15 12:00 PM Current Account May €1006M €720M €460M €210M
2019-08-13 12:00 PM Current Account Jun €21M €874M €100M €680M
2019-09-13 12:00 PM Current Account Jul €21M €-970M
2019-10-14 12:00 PM Current Account Aug €-820M
2019-11-13 01:00 PM Current Account Sep €250M


Poland Trade Last Previous Highest Lowest Unit
Balance of Trade -77.00 -17.00 783.00 -2263.00 EUR Million [+]
Current Account 21.00 874.00 2438.00 -3512.00 EUR Million [+]
Current Account to GDP -0.70 0.20 5.30 -15.70 percent [+]
Imports 18145.00 19623.00 21168.00 3418.00 EUR Million [+]
Exports 18068.00 19606.00 20695.00 2499.00 EUR Million [+]
External Debt 347419.00 358789.00 395880.00 59532.45 USD Million [+]
Terms of Trade 101.20 100.20 112.30 90.60 Index Points [+]
Capital Flows 1195.00 2037.00 5293.00 -4730.00 EUR Million [+]
Foreign Direct Investment 199053.00 176005.00 199053.00 9228.20 EUR Million [+]
Remittances 649.00 640.00 828.00 189.00 EUR Million [+]
Gold Reserves 128.60 128.60 128.60 102.80 Tonnes [+]
Terrorism Index 0.72 0.38 0.96 0.00 [+]
Weapons Sales 21.00 15.00 406.00 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
21.00 874.00 2438.00 -3512.00 2000 - 2019 EUR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil -2914.00 Jun/19
Canada -17347.00 Mar/19
China 570.00 Jun/19
Euro Area 13.32 May/19
France -755.00 Jun/19
Germany 20600.00 Jun/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 2599.00 May/19
Japan 1211.17 Jun/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -142495.00 Mar/19
South Korea 6380.00 Jun/19
Spain 2701.00 May/19
Switzerland 17215.95 Mar/19
Turkey -548.00 Jun/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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