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Moody's expects Polish GDP to grow 3.7% in 2020

14.01.2020 07:35
Ratings agency Moody's has maintained its projection that the Polish economy will grow 3.7 percent in 2020.
Image by piviso from Pixabay
Image by piviso from Pixabay Pixabay License

The agency has forecast that Polish GDP will expand 3.6 percent in 2021.

Moody’s previous forecast for 2020 was released last October.

Meanwhile, the World Bank has said it expects Polish economic growth to slow to 3.6 percent this year.

The bank has forecast that next year Poland’s economy will expand 3.3 percent, and 3.1 percent in 2022, public broadcaster Polish Radio’s IAR news agency has reported.

The Polish economy grew 3.9 percent in the third quarter of 2019, according to the country’s Central Statistical Office.

In 2018, Poland’s GDP grew 5.1 percent.

(pk)

Source: PAP