21:05 22 October 2019
Small deficit in Poland not so impressive
Poland’s budget deficit in 2018 amounted to 0.2% of GDP. This is the smallest budget gap in the country’s history, but Poland does not stand out in the European Union in this regard. Poland is among 17 countries that have improved their public finances this year compared to last year.
A result better by 1.3 percentage points than in 2017 gives Poland the second place among those countries, ex aequo with Luxembourg. Last year, the largest surplus in the general government sector in relation to the size of the economy was recorded by 14 countries (the largest surplus was seen in Luxembourg: 2.7% of GDP), while another 14 countries, among them Poland, recorded a deficit. In the latter group, Poland had the smallest deficit.
