Macroeconomic Analysis of The Polish Economy and Mid-Term Forecasts. The Future’s Bright?

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Macroeconomic Analysis of The Polish Economy and Mid-Term Forecasts. The Future’s Bright?

ABSTRACT: The paper shows main macroeconomic indicators, 2013-2018, structure of the Polish and the EU economy and GDP growth forecasts (2019-2023). In 2004-2018 Poland has recorded second-fastest average annual economic growth in the European Union. Data reveals that in terms of the level of the GDP per capita (at PPS) indicator, Poland occupied the 22nd position in the EU-28. In the short-term, the economy, which is growing at an above potential rate, should remain dynamic, thanks to the supportive monetary and fiscal policy as well as significant transfers from the EU.  In this paper author describe also risk factors in the global economy for Polish economy.

 

KEYWORDS: The Polish Economy, The European Union Economy, Economic Growth, Macroeconomic Indicators, Gross Domestic Product, Mid-Term Forecast

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