Poland’s current account surplus narrowed to EUR 1,619 million in February 2021 from EUR 1,738 million in the corresponding month of the previous year, above market expectations of EUR 1,602 million. The services surplus went down to EUR 2,490 million from EUR 2,606 million, while the secondary income gap rose to EUR 541 million from EUR 149 million. On the other hand, the goods surplus rose to EUR 883 million from EUR 791 million, as exports climbed 6.2 percent and imports rose a slower 6.0 percent, and the primary income deficit narrowed to EUR 1,213 million from EUR 1,510 million. source: National Bank of Poland

Current Account in Poland averaged -717.36 EUR Million from 2000 until 2021, reaching an all time high of 3258 EUR Million in January of 2021 and a record low of -3565 EUR Million in June of 2011. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Current Account in Poland is expected to be -220.00 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 750.00 in 12 months time. In the long-term, the Poland Current Account is projected to trend around 300.00 EUR Million in 2022 and 590.00 EUR Million in 2023, according to our econometric models.

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Poland Current Account

Actual Previous Highest Lowest Dates Unit Frequency
1619.00 3341.00 3341.00 -3565.00 2000 - 2021 EUR Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-13 01:00 PM Nov €1725M €2356M €1950M €1580M
2021-02-15 01:00 PM Dec €430M €2116M €1005M €990M
2021-03-16 01:00 PM Jan €3258M €430M €2600M €2250M
2021-04-13 12:00 PM Feb €1619M €3341M €1602M €1680M
2021-05-14 12:00 PM Mar €1619M €1200M
2021-06-14 12:00 PM Apr
2021-07-14 12:00 PM May
2021-08-13 12:00 PM Jun


News Stream
Polish Current Account Surplus Narrows Less than Expected
Poland’s current account surplus narrowed to EUR 1,619 million in February 2021 from EUR 1,738 million in the corresponding month of the previous year, above market expectations of EUR 1,602 million. The services surplus went down to EUR 2,490 million from EUR 2,606 million, while the secondary income gap rose to EUR 541 million from EUR 149 million. On the other hand, the goods surplus rose to EUR 883 million from EUR 791 million, as exports climbed 6.2 percent and imports rose a slower 6.0 percent, and the primary income deficit narrowed to EUR 1,213 million from EUR 1,510 million.
2021-04-13
Polish Current Account Surplus Widens in January
Poland’s current account surplus widened to EUR 3,258 million in January 2021 from EUR 2,756 million in the corresponding month of the previous year. The goods surplus rose to EUR 845 million from EUR 378 million, as exports declined 2.82 percent while imports sank 5.29 percent. Also, the primary income surplus rose to EUR 574 million from EUR 551 million and secondary income shortfall was reduced to EUR 528 million from EUR 652 million. In contrast, the services surplus edged down to EUR 2,367 million from EUR 2,479 million.
2021-03-16
Poland Current Account Surplus Lower than Expected
Poland’s current account surplus widened to EUR 430 million in December 2020 from EUR 73 million in the corresponding month of the previous year but below market expectations of EUR 1005 million. The goods surplus rose to EUR 333 million from EUR 118 million, as exports climbed 14.8 percent while imports increased at a softer 13.6 percent. Also, the services surplus went up to EUR 1811 million from EUR 1542 million and the primary income deficit narrowed to EUR 1438 million from EUR 1532 million. Meantime, the secondary income shortfall advanced to EUR 276 million from EUR 55 million.
2021-02-15
Polish Current Account Surplus Widens Less than Expected
Poland’s current account surplus widened to EUR 1,725 million in November of 2020 from EUR 1,182 million in the corresponding month of the previous year but below market expectations of EUR 1,950 million. The goods surplus rose to EUR 1,756 million from EUR 821 million, as exports climbed 9.5 percent while imports increased at a softer 5.3 percent. Also, the primary income deficit narrowed to EUR 1,806 million from EUR 2,100 million. On the other hand, the services surplus went down to EUR 2,353 million from EUR 2,417 million and the secondary income account posted a EUR 578 million deficit, switching from a EUR 44 million surplus.
2021-01-13

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).