GDP grows by 4.6% in 2017 – GUS flash estimate

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According to preliminary data from the Central Statistics Office, Poland’s GDP grew by 4.6 percent in 2017, the fastest since 2011. The growth was driven by domestic demand and higher economic activity in the region and the European Union, Poland’s main trade partners.

Household consumption expenditure grew strongest in nearly a decade by 4.7 percent and accounted for 61 percent of GDP.

According to GUS President Dominik Rozkrut, in Q4 alone, the GDP increased “by some 5 percent.”

In 2016, Poland’s GDP increased by 2.9 percent.

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