GUS corrects GDP growth for 2012
Poland’s statistics office GUS presented corrected GDP growth data for 2012 and 2013 on Friday. Growth in 2012 was 2 percent, while an earlier estimate saw it at 1.9 percent.
Growth in 2013 was confirmed at 1.6 percent, in accordance with earlier estimates.
Data presented by GUS showed that gross value added grew by 2 percent in 2012 and 1.5 percent in 2013. Domestic demand declined by 0.1 percent in 2012 and remained unchanged in 2013. Total consumption grew by 1.0 percent in 2012 and 1.2 percent in 2012. Fixed capital formation declined by 1.6 percent in 2012 and by 0.2 percent in 2013.
In 2012 exports grew by 3.9 percent, while imports declined by 0.7 percent. In 2013 exports grew by 4.6 percent, while imports grew by 1.2 percent.
