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Poland - Basic data 
Last update: 11/23/10 14:32
%, y-to-y, unless otherwise stated  2004 2005 2006 2007 2008 2009 2010F 2011F
GDP, growth rate %   5.3   3.6   6.1   6.4   5.0   1.7      
Private household consumption, real growth, %       2.0   5.2   5.2   5.0          
Government consumption, real growth, %       4.8   2.3   0.7   -0.1          
Investment (gross fixed capital formation), real growth, %       6.5   16.5   20.4   9.0          
GDP, EUR bn, nominal       243.7   271.1   307.7   364.9          
GDP, PLN bn, nominal       980.9   1,057.9   1,163.0   1,270.0          
GDP per capita, euroarea = 100       46   48   50   52   55      
                               
Industrial output, real growth, %   13.1   4.1   12.4   9.7   5.5          
Construction output, real growth, %       9.7   13.0   19.0   19.5          
Retail sales, real growth, %   10.3   4.4   12.3   17.1   13.5          
Average national wage, real growth, %   0.6   1.0   3.9   6.5   6.7          
Unemployment, average, %   19.5   18.2   14.9   11.3   9.5   11.9      
                               
Inflation, average %   3.7   2.1   1.0   2.5   4.2   3.6      
Consumer prices, eop %   3.7   0.7   1.4   4.0   3.6          
Core inflation, eop, %       0.2   1.6   1.7   4.5          
Industrial producer prices, average %   7.0   0.7   2.3   2.3   2.4          
HICP, average, %       2.2   1.3   2.6   4.2   2.5      
Price level, euroarea = 100       51   61   61   66   55      
                               
Current account balance, in % of GDP   -4.3   -1.7   -2.1   -3.7   -5.4          
Current account balance, in EUR bn       -4.1   -5.6   -11.3   -19.6          
Trade balance. EUR bn       -2.5   -3.4   -8.7   -15.8          
Export. in EUR (FOB). y/y growth. %       17.9   19.8   13.9   14.4          
Import. in EUR (CIF). y/y growth. %       13.4   21.0   18.3   15.9          
FDI net, in % of GDP   4.9   3.1   4.2   4.9   2.7          
FDI net, in EUR bn       7.7   11.4   15.0   10.0          
Basic balance (C/A + FDI), in % of GDP       1.5   2.1   1.2   -2.6          
Official FX reserves, eop, EUR bn       32.8   36.8   44.7   44.0          
                               
General government budget, in % of GDP   -4.5   -3.2   -2.2   -2.0   -2.7          
Central government budget, in % of GDP       -3.1   -2.4   -2.3   -1.7          
Central goverment budget, in PLN bn       -30.0   -25.0   -27.0   -23.8          
Central government debt, in PLN bn       447.6   510.0   545.0   565.9          
Public budgets (ESA-95), in % of GDP       -4.3   -3.8   -2.0   -2.7   -5.0      
Public debt (ESA-95), in % of GDP       47.1   47.8   49.0   46.0   50.0      
                               
Money supply, growth rate, average y/y %   413.9   11.9   11.9   12.0   15.4          
Interventional rate of NBP, eop. %   3.00   4.50   4.00   5.00   5.25   3.50      
3M WIBOR, average %   6.50   5.20   4.21   4.73   6.17   4.20      
3M WIBOR, eop %   6.20   4.60   4.20   5.70   6.20   3.90      
10Y IRS, average %   6.60   5.14   5.12   5.47   5.75   6.10      
Long term interest rate, spread in bps           144   116   270   262      
                               
PLN/EUR, average   7.00   4.03   3.90   3.78   3.48   4.10      
PLN/EUR, eop   4.50   3.86   3.83   3.60   3.90   4.30      
Forecasts: KBC