The outbreak of the coronavirus epidemic in Poland is predicted to increase public debt to 53.5 percent of GDP. This is also influenced by a drop in tax and contribution income, which is forecast to decrease by 131 billion zloty. The total balance of the public finance sector in Poland will reduce by nearly PLN 228 billion in 2020.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.
Impact of the coronavirus (COVID-19) pandemic on the balance of public finances in Poland in 2020
(in billion zloty)
Characteristic
Change in public finances in billion zloty
No conversion fee for OFE/IKE*
-9.7
Decreases in tax revenues and contributions due to lower GDP growth, in which:
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Twitter (@mbank_research). (April 20, 2020). Impact of the coronavirus (COVID-19) pandemic on the balance of public finances in Poland in 2020 (in billion zloty) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1111393/poland-impact-of-the-covid-19-on-public-finances/
Twitter (@mbank_research). "Impact of the coronavirus (COVID-19) pandemic on the balance of public finances in Poland in 2020 (in billion zloty)." Chart. April 20, 2020. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1111393/poland-impact-of-the-covid-19-on-public-finances/
Twitter (@mbank_research). (2020). Impact of the coronavirus (COVID-19) pandemic on the balance of public finances in Poland in 2020 (in billion zloty). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1111393/poland-impact-of-the-covid-19-on-public-finances/
Twitter (@mbank_research). "Impact of The Coronavirus (Covid-19) Pandemic on The Balance of Public Finances in Poland in 2020 (in Billion Zloty)." Statista, Statista Inc., 20 Apr 2020, https://www.statista.com/statistics/1111393/poland-impact-of-the-covid-19-on-public-finances/
Twitter (@mbank_research), Impact of the coronavirus (COVID-19) pandemic on the balance of public finances in Poland in 2020 (in billion zloty) Statista, https://www.statista.com/statistics/1111393/poland-impact-of-the-covid-19-on-public-finances/ (last visited September 01, 2024)
Impact of the coronavirus (COVID-19) pandemic on the balance of public finances in Poland in 2020 (in billion zloty) [Graph], Twitter (@mbank_research), April 20, 2020. [Online]. Available: https://www.statista.com/statistics/1111393/poland-impact-of-the-covid-19-on-public-finances/