14:20 2 March 2026
Poland’s GDP has solid growth in Q4
Poland’s economy slightly accelerated at the end of 2025. In the fourth quarter, GDP grew by 4.0% y/y, up from 3.8% in the previous quarter, and increased by 1.0% quarter-on-quarter, in line with preliminary estimates from the Central Statistical Office (GUS). Investments rose by 4.7% y/y, private consumption increased by 4.2% y/y, and domestic demand expanded by 4.3% y/y.
Despite the stronger finish to the year, ING economists caution that this does not signal a lasting acceleration. They expect economic growth to slow to below 4% in the first quarter of 2026. For the whole of 2026, the bank forecasts GDP growth of 3.7%, highlighting growing external risks that could weigh on the economy.
