Poland’s GDP growth to reach 4.2 percent in 2018Staff Writer | April 30, 2018
Economic growth in 2018 in Poland is projected to reach 4.2 percent, compared to 4.6 percent last year.
Poland The World Bank anticipates a 2.0 percent budget deficit
In its January forecast, the World Bank projected that Poland’s Gross Domestic Product (GDP) would increase by 4.0 percent in 2018, 3.5 percent in 2019, and 3.1 percent in 2020.
The World Bank anticipates a 2.0 percent budget deficit in 2018 and forecasts that the deficit may approach the 3 percent threshold in 2020.
The current-account is likely to return to a small deficit of 0.3 percent of GDP in 2018, as opposed to a small surplus in 2017, as robust household consumption, higher investment, and a firming in global commodity markets push the volume and cost of imports up. ■