Poland's Gross Domestic Product (GDP) increased by 0.5 percent year on year in the third quarter of 2023, the Central Statistical Office (GUS) reported on Thursday.
Poland's real GDP may see a weak 0.4-percent growth in 2023, but it may rebound to 2.6 percent in 2024, the Organization for Economic Co-operation and Development (OECD) has estimated in its latest forecast.
Global rating agency Standard and Poor's (S&P) has raised Poland's economic growth forecast to 3.1 percent in 2024 from 3.0 percent expected earlier.
The European Commission cut the GDP growth forecast in Poland to 0.4 percent in 2023, slightly down from 0.5 percent estimated earlier, while it maintained the estimate for 2024 at 2.7 percent, the Autumn European Forecast shows.
Poland's GDP growth in the third quarter of 2023 likely reached 0.4 percent year on year and 1.4 percent quarter on quarter, the Central Statistical Office (GUS) reported on Tuesday.
Poland's GDP growth will reach 0.1 percent in 2023 and will stabilise at 3.3 percent in the next two years, according to a European Economic Outlook report authored by global accountancy firm EY.
Poland's GDP contracted by 0.3 percent in the first quarter of 2023 and by 0.6 percent in the second quarter of 2023 on an annual basis, in line with earlier estimates, the Central Statistical Office (GUS) said in a statement on Monday.
Poland’s population is not big enough to sustain the 300,000-strong army the government wants to create, a former defence minister has said.
The International Monetary Fund (IMF) has cut Poland's GDP growth forecast for 2023 to 0.6 percent from the 1.2 percent estimated earlier, it said in its latest edition of the World Economic Outlook.
A discussion about Poland's entry into the eurozone would be possible only after it catches up with the wealthiest European economies, Adam Glapinński, the central bank's governor, has said.
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