Economy of Poland. Statistics, Data and Indicators
Poland
| 67BBB+ | Credit rank #40 |
| 146.58 | Quality of life #35 |
| 45 | Corruption rank#34 |
| 40 | Ease of doing business#33 |
Poland Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 688 USD Billion | 2022 |
| GDP Annual Growth Rate | -0.6 % | 2Q/23 |
| GDP Growth Rate | -2.2 % | 2Q/23 |
| GDP per capita | 16705 USD | 2022 |
| Inflation Rate YoY | 8.2 % | Sep/23 |
| Interest Rate | 5.75 % | Oct/23 |
| Unemployment Rate | 5 % | Aug/23 |
| Wages | 7006 PLN/Month | 1644.292 USD/Month | 2Q/23 |
| Balance of Trade | 1068 EUR Million | 1.133 B USD | Jul/23 |
| Current Account | 566 EUR Million | 0.6 B USD | Jul/23 |
| Foreign Exchange Reserves | 180006 USD Million | 180.006 B USD | Sep/23 |
| Government Debt | 1271360 PLN Million | 298.399 B USD | Jul/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 688 USD Billion | 2022 |
| GDP Annual Growth Rate | -0.6 % | 2Q/23 |
| GDP Growth Rate | -2.2 % | 2Q/23 |
| GDP per capita | 16705 USD | 2022 |
| GDP Constant Prices | 725026 PLN Million | 170.162 B USD | 2Q/23 |
| GDP per capita PPP | 36798 USD | 2022 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 49.1 % | 2022 |
| Government Budget Value | -13091 PLN Million | -3.073 USD Billion | Jul/23 |
| Government Spending | 135405 PLN Million | 31.781 USD Billion | 1Q/23 |
| Government Debt | 1271360 PLN Million | 298.399 USD Billion | Jul/23 |
| Government Revenues | 324012 PLN Million | 76.048 USD Billion | Jul/23 |
| Fiscal Expenditure | 337103 PLN Million | 79.121 B USD | Jul/23 |
| Government Budget to GDP | -3.7 % | 2022 |
| Government Spending to GDP | 43.5 % | 2022 |
| Military Expenditure | 16573 USD Million | 16.573 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 248 index points | Aug/23 |
| Export Prices | 96.1 index points | Jun/23 |
| Food Inflation | 10.3 % | Sep/23 |
| Gasoline Prices | 1.49 USD/Liter | Sep/23 |
| GDP Deflator | 145 index points | 2Q/23 |
| Import Prices | 95.4 index points | Jun/23 |
| Inflation Rate YoY | 8.2 % | Sep/23 |
| Producer Prices | 141 index points | Aug/23 |
| Inflation Rate Mom | -0.4 % | Sep/23 |
| Core Consumer Prices | 145 Index Points | Aug/23 |
| Core Inflation Rate | 10 % | Aug/23 |
| Harmonised Consumer Prices | 144 Index Points | Aug/23 |
| Producer Prices Change | -2.8 % | Aug/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -3 % | 2022 |
| Weapons Sales | 452 USD Million | 2022 |
| Balance of Trade | 1068 EUR Million | 1.133 USD Billion | Jul/23 |
| Capital Flows | 2390 EUR Million | 2.536 USD Billion | Jul/23 |
| Current Account | 566 EUR Million | 0.6 USD Billion | Jul/23 |
| Exports | 25909 EUR Million | 27.487 USD Billion | Jul/23 |
| External Debt | 402012 USD Million | 402.012 USD Billion | 2Q/23 |
| Foreign Exchange Reserves | 180006 USD Million | 180.006 USD Billion | Sep/23 |
| Imports | 24841 EUR Million | 26.354 USD Billion | Jul/23 |
| Terms of Trade | 101 Index Points | Jun/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 277 Tonnes | 2Q/23 |
| Interbank Rate | 5.6 % | Oct/23 |
| Interest Rate | 5.75 % | Oct/23 |
| Loans to Private Sector | 392735 PLN Million | 92.178 USD Billion | Aug/23 |
| Money Supply M0 | 457954 PLN Million | 107.481 USD Billion | Aug/23 |
| Money Supply M1 | 1598206 PLN Million | 375.095 USD Billion | Aug/23 |
| Money Supply M2 | 2182061 PLN Million | 512.125 USD Billion | Aug/23 |
| Money Supply M3 | 2192992 PLN Million | 514.69 USD Billion | Aug/23 |
| Central Bank Balance Sheet | 930800 PLN Million | 218.457 B USD | Aug/23 |
| Deposit Interest Rate | 5.25 % | Oct/23 |
| Foreign Direct Investment | 251554 EUR Million | 266.872 B USD | 2022 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 811 EUR/Month | 860.386 USD/Month | 3Q/23 |
| Retirement Age Men | 65 | 2022 |
| Retirement Age Women | 60 | 2022 |
| Unemployment Rate | 5 % | Aug/23 |
| Wages | 7006 PLN/Month | 1644.292 USD/Month | 2Q/23 |
| Youth Unemployment Rate | 11.1 % | Aug/23 |
| Employed Persons | 16850 Thousand Person | 16.85 Million Person | 2Q/23 |
| Employment Change | 0 % | Aug/23 |
| Employment Rate | 72.1 % | 2Q/23 |
| Full Time Employment | 15440 Thousand Person | 1Q/23 |
| Job Vacancies | 68.9 Thousand | Aug/23 |
| Labor Force Participation Rate | 58.2 % | 2Q/23 |
| Long Term Unemployment Rate | 0.6 % | 2Q/23 |
| Part Time Employment | 956 Thousand Persons | 1Q/23 |
| Unemployed Persons | 782 Thousand Persons | 0.782 Million Persons | Aug/23 |
| Wage Growth | 11.9 % | Aug/23 |
| Wages in Manufacturing | 6934 PLN/Month | 1627.394 USD/Month | Aug/23 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 19 % | 2023 |
| Personal Income Tax Rate | 32 % | 2023 |
| Sales Tax Rate | 23 % | 2023 |
| Social Security Rate | 35.85 % | 2021 |
| Social Security Rate For Companies | 22.14 % | 2021 |
| Social Security Rate For Employees | 13.71 % | 2021 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 17 BBL/D/1K | May/23 |
| Electricity Production | 10993 GWh | Jun/23 |
| Industrial Production | -2 % | Aug/23 |
| Mining Production | -7.5 % | Aug/23 |
| Steel Production | 680 Thousand Tonnes | Dec/20 |
| Car Production | 19.5 Thousand Units | Aug/23 |
| Industrial Production (MoM) | 0.7 % | Aug/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | -12.8 index points | Sep/23 |
| Corruption Index | 55 index points | 2022 |
| Corruption Rank | 45 place | 2022 |
| Ease of Doing Business | 40 place | 2019 |
| Manufacturing PMI | 43.9 index points | Sep/23 |
| Manufacturing Production | -2.1 % | Aug/23 |
| Competitiveness Index | 68.89 Index Points | 2019 |
| Competitiveness Rank | 37 | 2019 |
| Corporate Profits | 191964 PLN Million | 45.056 B USD | 2Q/23 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -20.3 index points | Sep/23 |
| Private Debt To GDP | 108 % | 2022 |
| Retail Sales MoM | 1.7 % | Aug/23 |
| Retail Sales YoY | -2.7 % | Aug/23 |
| Consumer Credit | 779699 PLN Million | 183.002 USD Billion | Aug/23 |
| Consumer Spending | 417033 PLN Million | 97.881 USD Billion | 2Q/23 |
| Households Debt To GDP | 25.3 % | 1Q/23 |
| Households Debt To Income | 55.79 % | 2021 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | 3.3 % | Aug/23 |
