Polish economy grew 3.2% in Q1 2025: stats office

The Polish economy grew 3.2 percent in the first quarter of this year, after expanding 3.4 percent in the final quarter of 2024, the country’s statistics office said on Monday in a preliminary estimate.

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The latest figure was in line with a flash estimate released by the Statistics Poland (GUS) office in mid-May.

The flesh estimate of 15.05.2025 was confirmed. According to the preliminary estimate, the seasonally adjusted gross domestic product (#GDP) in the Q1 2025 was higher by 3.2% YoY.https://t.co/ezK5umeEgY#StatisticsPoland #statistics #NationalAccounts #economy pic.twitter.com/eNBrYU3teG

— Statistics Poland (@StatPoland) June 2, 2025

Investment rose by 6.3 percent, while private consumption increased by 2.5 percent in the first quarter of 2025, Statistics Poland reported.

Domestic demand went up by 4.6 percent, it said.

Poland's gross domestic product expanded by 2.9 percent in 2024 as a whole, after growing 0.1 percent in 2023, according to the state-run Statistics Poland (GUS) agency.

Poland’s central bank in March predicted that the Polish economy would expand 3.7 percent this year, followed by 2.9 percent in 2026 and 2.3 percent in 2027.

President Andrzej Duda in January signed Poland's budget for 2025, which expects the economy to grow 3.9 percent this year.

Polish GDP is expected to grow 3.5 percent next year, according to a set of macroeconomic targets adopted by the government at the end of last month.

(gs)

Source: PAP, IAR