Polish economy grew 2.7% in Q3 2024: flash estimate

The Polish economy grew 2.7 percent in the third quarter of this year, the country’s statistics office said on Thursday in a flash estimate.

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The figure was 0.1 percentage point lower than forecast by economists polled by state news agency PAP.

Acc. to the flash estimate, gross domestic product (#GDP) in volume terms seasonally unadjusted was higher by 2.7% in the 3rd quarter of 2024 YoY, whereas seasonally adjusted was 1.7% higher YoY.https://t.co/JAFHzQPiYj#StatisticsPoland #statistics pic.twitter.com/H39FStLssM

— Statistics Poland (@StatPoland) November 14, 2024

Poland's gross domestic product expanded by 3.2 percent in the second quarter of this year, according to the state-run Statistics Poland (GUS) agency.

Polska gospodarka zwolniła. Znamy najnowsze dane GUShttps://t.co/cNBiFGHn8A

— PolskieRadio24.pl (@PR24_pl) November 14, 2024

The Polish statistics office is expected to report full third-quarter data on November 28.

The World Bank last month raised its forecast for Polish economic growth this year to 3.2 percent, from a previous projection of 3 percent.

Poland's gross domestic product expanded by 0.2 percent in 2023 as a whole, after growing 5.6 percent in 2022, according to Statistics Poland.

(gs)

Source: PAP, IAR