Industrial Production in Poland
The Polish economy recorded an average industrial production growth rate of 3.5% in the decade to 2024. In 2024, industrial production growth was 1.2%. For more industry information, visit our dedicated page.
Poland Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Poland from 2014 to 2024.
Source: Macrobond.
Poland Industry Data
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Industrial Production (ann. var. %) | -1.0 | 15.3 | 10.6 | -2.1 | 1.2 |
Industrial output improves in May
Latest reading: Industrial production increased 3.9% year on year in May (April: +1.2% yoy), marking the best reading since October 2024. May's notable upturn was largely due to an acceleration in manufacturing output and a rebound in energy production. Moreover, mining and quarrying output declined at a softer pace. On a monthly basis, factory output grew 0.7% in seasonally adjusted terms in May, which was below April’s 1.0% expansion. Meanwhile, annual average industrial production growth rose to 1.4% in May (April: +1.1%). This signals an improving trend in the industrial sector.
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Polish industry projections for the next ten years from a panel of 16 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Polish industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Polish industry projections.
Want to get access to the full dataset of Polish industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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