Poland recorded a Current Account surplus of 0.50 percent of the country's Gross Domestic Product in 2019.

Current Account to GDP in Poland averaged -4.32 percent from 1980 until 2019, reaching an all time high of 5.30 percent in 1994 and a record low of -15.70 percent in 1981. This page provides - Poland Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Poland Current Account to GDP - values, historical data and charts - was last updated on May of 2020. source: Eurostat

Current Account to GDP in Poland is expected to reach -0.60 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Poland Current Account to GDP is projected to trend around -0.30 percent in 2021 and -0.40 percent in 2022, according to our econometric models.

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Poland Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
0.50 -1.00 5.30 -15.70 1980 - 2019 percent Yearly

Poland Trade Last Previous Highest Lowest Unit
Balance of Trade -69.00 842.00 985.00 -2263.00 EUR Million [+]
Current Account 2438.00 878.00 2581.00 -3510.00 EUR Million [+]
Current Account to GDP 0.50 -1.00 5.30 -15.70 percent [+]
Imports 18832.00 18947.00 21450.00 3418.00 EUR Million [+]
Exports 18763.00 19789.00 21790.00 2499.00 EUR Million [+]
External Debt 349834.00 341379.00 395880.00 59532.45 USD Million [+]
Terms of Trade 100.50 99.90 112.30 90.60 points [+]
Capital Flows 5801.00 3068.00 5801.00 -4729.00 EUR Million [+]
Foreign Direct Investment 199789.70 200638.30 200638.30 9228.20 EUR Million [+]
Remittances 642.00 630.00 828.00 189.00 EUR Million [+]
Gold Reserves 228.60 228.65 228.65 102.80 Tonnes [+]
Terrorism Index 0.48 0.72 0.96 0.00 [+]
Weapons Sales 21.00 15.00 406.00 1.00 USD Million [+]


Poland Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.