In 2015, real GDP increased by 3.6%y/y while the year before it grew by 3.3% y/y. So was the situation on the labour market. The percentage of people employed increased by 2% y/y. As GUS experts explain, it was the domestic demand that was the driving force of Polish economy in 2014.
In January – November 2015 period, Poland experienced a faster growth of exports than imports. What is more, for the first time since years, the value of export was higher than the imports, (EURO 15.6bn and EURO 14.8bn, respectively). Developed countries were the main directions of Polish foreign trade. Poland send there 1.6% more goods than in 2014. Among the developed countries the exports to the UE predominated (79.4% of share) and went up by 1.9% y/y. CEE countries bought 5,3% of Polish exports. It means a decrease by 0.3%. In contrast, developing countries increased the share in Polish foreign trade by 0.4% to 9%.
Last year, the top three countries – recipients of Polish exports were: Germany (share of 27.2% and an increase by 0.9%y/y), United Kingdom (share of 6.7% and an increase by 0.3%y/y) and Czech Republic (share of 6.6% and an increase by 0.2%y/y).
More information: Presentation
Graphics © GUS
Source: Polish Infomation and Foreign Investment Agency
