Forecasted change in main macroeconomic indices in Poland 2020-2021

As a result of the crisis caused by the coronavirus epidemic in Poland, GDP is expected to fall by 4.3 percent compared to the previous year. In 2021, market sentiment is expected to improve and GDP to grow by 4.1 percentage points. According to the source, between 2020 and 2021, the general government debt-to-GDP ratio is projected to deteriorate to around 58.5 percent. The closure of the economy due to COVID-19 will also have a strong negative impact on the unemployment rate reaching approximately 7.5 percent in 2020.

Forecasted year-on-year change in main macroeconomic indicators in Poland from 2020 to 2021

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Source

Release date

May 2020

Region

Poland

Survey time period

2020 to 2021

Supplementary notes

* As a percentage of total labor force.
** Gross saving divided by adjusted gross disposable income.
*** As a percentage of GDP.
**** As a percentage of potential GDP.

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Statistics on "Coronavirus (COVID-19) in Poland"

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