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 | 679 USD Billion | 2021 |
| GDP Annual Growth Rate | -0.2 % | 1Q/23 |
| GDP Growth Rate | 3.9 % | 1Q/23 |
| GDP per capita | 15850 USD | 2021 |
| Inflation Rate YoY | 14.7 % | Apr/23 |
| Interest Rate | 6.75 % | May/23 |
| Unemployment Rate | 5.2 % | Apr/23 |
| Wages | 7124 PLN/Month | 1686.729 USD/Month | 1Q/23 |
| Balance of Trade | 608 EUR Million | 0.652 B USD | Mar/23 |
| Current Account | 1643 EUR Million | 1.763 B USD | Mar/23 |
| Foreign Exchange Reserves | 178048 USD Million | 178.048 B USD | Apr/23 |
| Government Debt | 1235952 PLN Million | 292.633 B USD | Mar/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 679 USD Billion | 2021 |
| GDP Annual Growth Rate | -0.2 % | 1Q/23 |
| GDP Growth Rate | 3.9 % | 1Q/23 |
| GDP per capita | 15850 USD | 2021 |
| GDP Constant Prices | 750874 PLN Million | 177.782 B USD | 4Q/22 |
| GDP per capita PPP | 34916 USD | 2021 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 49.1 % | 2022 |
| Government Budget Value | -10027 PLN Million | -2.374 USD Billion | Apr/23 |
| Government Spending | 153704 PLN Million | 36.392 USD Billion | 4Q/22 |
| Government Debt | 1235952 PLN Million | 292.633 USD Billion | Mar/23 |
| Government Revenues | 173652 PLN Million | 41.115 USD Billion | Apr/23 |
| Fiscal Expenditure | 183679 PLN Million | 43.489 B USD | Apr/23 |
| Government Budget to GDP | -3.7 % | 2022 |
| Government Spending to GDP | 43.5 % | 2022 |
| Military Expenditure | 13711 USD Million | 13.711 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 248 index points | Apr/23 |
| Export Prices | 113 index points | Feb/23 |
| Food Inflation | 19.7 % | Apr/23 |
| Gasoline Prices | 1.63 USD/Liter | Apr/23 |
| GDP Deflator | 140 index points | 4Q/22 |
| Import Prices | 106 index points | Feb/23 |
| Inflation Rate YoY | 14.7 % | Apr/23 |
| Producer Prices | 147 index points | Apr/23 |
| Inflation Rate Mom | 0.7 % | Apr/23 |
| Core Consumer Prices | 143 Index Points | Apr/23 |
| Core Inflation Rate | 12.2 % | Apr/23 |
| Harmonised Consumer Prices | 144 Index Points | Apr/23 |
| Producer Prices Change | 6.8 % | Apr/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -3 % | 2022 |
| Weapons Sales | 452 USD Million | 2022 |
| Balance of Trade | 608 EUR Million | 0.652 USD Billion | Mar/23 |
| Capital Flows | 581 EUR Million | 0.623 USD Billion | Mar/23 |
| Current Account | 1643 EUR Million | 1.763 USD Billion | Mar/23 |
| Exports | 30012 EUR Million | 32.207 USD Billion | Mar/23 |
| External Debt | 369277 USD Million | 369.277 USD Billion | 4Q/22 |
| Foreign Exchange Reserves | 178048 USD Million | 178.048 USD Billion | Apr/23 |
| Imports | 29404 EUR Million | 31.554 USD Billion | Mar/23 |
| Terms of Trade | 107 Index Points | Feb/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 229 Tonnes | 1Q/23 |
| Interbank Rate | 6.8 % | May/23 |
| Interest Rate | 6.75 % | May/23 |
| Loans to Private Sector | 407640 PLN Million | 96.516 USD Billion | Apr/23 |
| Money Supply M0 | 422913 PLN Million | 100.132 USD Billion | Apr/23 |
| Money Supply M1 | 1548796 PLN Million | 366.704 USD Billion | Apr/23 |
| Money Supply M2 | 2135028 PLN Million | 505.504 USD Billion | Apr/23 |
| Money Supply M3 | 2147524 PLN Million | 508.463 USD Billion | Apr/23 |
| Central Bank Balance Sheet | 918930 PLN Million | 217.572 B USD | Apr/23 |
| Deposit Interest Rate | 6.25 % | May/23 |
| Foreign Direct Investment | 238970 EUR Million | 256.444 B USD | 2021 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 746 EUR/Month | 800.549 USD/Month | 1Q/23 |
| Retirement Age Men | 65 | 2022 |
| Retirement Age Women | 60 | 2022 |
| Unemployment Rate | 5.2 % | Apr/23 |
| Wages | 7124 PLN/Month | 1686.729 USD/Month | 1Q/23 |
| Youth Unemployment Rate | 12.4 % | Mar/23 |
| Employed Persons | 16852 Thousand Person | 16.852 Million Person | 1Q/23 |
| Employment Change | 0.4 % | Apr/23 |
| Employment Rate | 71.8 % | 4Q/22 |
| Full Time Employment | 15508 Thousand Person | 4Q/22 |
| Job Vacancies | 56.9 Thousand | Apr/23 |
| Labor Force Participation Rate | 58.4 % | 1Q/23 |
| Long Term Unemployment Rate | 0.8 % | 4Q/22 |
| Part Time Employment | 840 Thousand Persons | 4Q/22 |
| Unemployed Persons | 822 Thousand Persons | 0.822 Million Persons | Apr/23 |
| Wage Growth | 12.1 % | Apr/23 |
| Wages in Manufacturing | 6910 PLN/Month | 1636.061 USD/Month | Apr/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 | 19 BBL/D/1K | Jan/23 |
| Electricity Production | 13024 GWh | Feb/23 |
| Industrial Production | -6.4 % | Apr/23 |
| Mining Production | -11.7 % | Apr/23 |
| Steel Production | 680 Thousand Tonnes | Dec/20 |
| Car Production | 24.2 Thousand Units | Apr/23 |
| Industrial Production (MoM) | -1 % | Mar/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | -12.2 index points | May/23 |
| Corruption Index | 55 index points | 2022 |
| Corruption Rank | 45 place | 2022 |
| Ease of Doing Business | 40 place | 2019 |
| Manufacturing PMI | 46.6 index points | Apr/23 |
| Manufacturing Production | -5.6 % | Apr/23 |
| Competitiveness Index | 68.89 Index Points | 2019 |
| Competitiveness Rank | 37 | 2019 |
| Corporate Profits | 78596 PLN Million | 18.609 B USD | 4Q/21 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -29.9 index points | May/23 |
| Private Debt To GDP | 108 % | 2022 |
| Retail Sales MoM | -2.4 % | Mar/23 |
| Retail Sales YoY | -7.3 % | Apr/23 |
| Consumer Credit | 780633 PLN Million | 184.828 USD Billion | Apr/23 |
| Consumer Spending | 357398 PLN Million | 84.62 USD Billion | 4Q/22 |
| Households Debt To GDP | 28.6 % | 3Q/22 |
| Households Debt To Income | 55.79 % | 2021 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | 3.3 % | Apr/23 |
