Poland GDP

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Poland: Economic activity decelerates in Q4 2014

February 16, 2015

According to a flash estimate released by the Central Statistical Office of Poland (GUS) on 13 February, GDP grew 3.0% over the same quarter of the previous year in Q4 2014. The result marked a deceleration from the 3.3% rise tallied in Q3 and came in slightly below the 3.1% rise that the markets had expected. Compared to the previous quarter, economic growth increased a seasonally-adjusted 0.6% in Q4 (Q3: +0.8% quarter-on-quarter).

More detailed data will be published on 27 February.

The Central Bank expects GDP to expand 3.0% in 2015 and 3.3% in 2016. FocusEconomics Consensus Forecast panelists expect the economy to increase 3.3% in 2015, which is up 0.1 percentage points from last month’s forecast. For 2016, panelists foresee the economy growing 3.5%.


Author:, Economist

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Poland GDP Q4 2014

Note: Year-on-year changes of GDP in %.
Source: Central Statistical Office (GUS) and FocusEconomics Consensus Forecast.


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