Poland GDP Annual Growth Rate

Last Release

Mar 31, 2025

Actual

3.2

Units In

3.2

Frequency

Quarterly

Next Release

Sep 01, 2025

Time to Release

2 Months 26 Days 22 Hours

Highest	Lowest	Average	Date Range	Source
11.2 Jun 2021	-8.2 Jun 2020	3.87 %	1995-2025	Central Statistical Office of Poland (GUS)

Poland’s 38-million consumer market is one of the biggest in Europe. Poland's main industries are:food and beverage processing, shipbuilding and the manufacture of machinery, iron and steel products, chemicals, glass and textiles. On the expenditure side, household consumption is the main component of GDP and accounts for 60 percent of its total use, followed by gross fixed capital formation (20 percent) and government expenditure (18 percent). Exports of goods and services account for 47 percent of GDP while imports account for 46 percent, adding 1 percent of total GDP.

Latest Updates

The Polish economy advanced by 3.2% year-on-year in the first quarter of 2025, matching preliminary estimates and easing from a 3.4% gain in Q4 2024. The GDP growth slowdown was due to a slower increase in household consumption (2.5% vs 3.5% in Q4 2024) and a negative contribution from net trade. However, the slowdown was partially offset by a strong rebound in gross fixed capital formation (6.3% vs -6.9%). On a seasonally adjusted quarterly basis, the economy grew by 0.7% in Q1 2025, matching preliminary estimates and following a 1.4% gain in the previous three-month period.