Poland's current account deficit shrank to EUR 422 million in November of 2022 from EUR 1,483 million in the corresponding period of the previous year and well below market estimates of a EUR 935 million shortfall. This was the smallest current account deficit since October of 2021 when a surplus of EUR 941 million was registered, as the goods deficit fell to EUR 1,496 million from EUR 1,816 million in November of 2021 while the services surplus rose to EUR 2,939 million from EUR 2,222 million. At the same time, the primary account shortfall went down to EUR 1,794 million from EUR 1,812 million a year ago, and the secondary income fell marginally to EUR 71 million from EUR 77 million. source: National Bank of Poland
Current Account in Poland averaged -846.13 EUR Million from 2000 until 2022, reaching an all time high of 3254.00 EUR Million in June of 2020 and a record low of -4206.00 EUR Million in March of 2022. 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 January of 2023.
Current Account in Poland is expected to be -650.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Poland Current Account is projected to trend around 280.00 EUR Million in 2024, according to our econometric models.