Poland's GDP should rise by 0.7 percent in 2023 against 3.6 percent forecast earlier, the World Bank has said in a report.
Poland's GDP is expected to rise to 4.6 percent in 2022, according to projections from Poland’s central bank released on Monday.
Poland’s GDP will contract by 0.2 percent, year on year, in 2023, according to the credit ratings agency Moody's.
The International Monetary Fund (IMF) has lowered Poland's GDP growth forecasts for this year and next year.
Poland's GDP should rise by 1.6 percent in 2023 after 4.0-percent growth in 2022 and against 3.6 percent forecast earlier, the World Bank has said in a report.
Rating agency Standard and Poor's (S&P) has downgraded Poland's economic growth forecast to 4.0 percent in 2022 from 4.5 percent.
The Fitch ratings agency has revised down Poland's GDP growth forecasts for both 2022 and 2023, to 3.9 percent from its previous estimate of 5.2 percent for this year and to 1.5 percent for next year from the level of 3.0 percent, the agency has indicated in a report.
In the assumptions for next year's budget, the Polish government forecasts unemployment to grow by 1 percentage point, the minister for family and social policy has said.
The Standard & Poor’s (S&P) Global Ratings agency has lowered Poland's GDP growth forecast in 2023 from the April figure of 3.1 percent to 2.1 percent and raised its estimate for this year from 3.6 percent to 4.5 percent.
The European Commission (EC), the EU's executive arm, has raised its 2022 GDP growth estimate for Poland to 5.2 percent from 3.7 percent forecast in May.
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