In 2015 the economic growth rate in Poland was slightly faster than a year before. The main growth factor was domestic demand, both consumption and investment. Next exports, unlike in the previous year, had a positive impact on GDP growth.
According to the preliminary estimate, the gross domestic product in 2015 increased in real terms by 3,6% compared to the previous year (against a growth by 3,3% in 2014 and 1,3% in 2013).
Total consumption was 3,2% higher than a year before. Gross capital formation increased by 4,3%. The investment rate in 2015 amounted to 20,2% (against 19,6% in 2014).
In industry gross value added increased by 5,4%, in construction by 4,4%, in transport and storage, as well as in trade; repair of motor vehicles, it increased by 3,1% and 0.7% respectively.
Prices of consumer goods and services in 2015 were by 0.9% lower than a year before, but in subsequent months gradual weakening of the decrease was observed. Prices of goods and services associated with dwelling were growing slower, while prices associated with communication and health grew much faster. It was the third year in a row in which the producer prices fell, with deeper decrease in industry, and a slower one in construction.
In foreign trade freight turnover in the period January-November 2015 a faster growth in exports in annual terms than in imports was observed. For the first time in many years, the trade exchange closed with a positive balance. The turnover with the developed countries (including EU countries) and with developing countries increased. Trade exchange with Central and Eastern European countries however decreased significantly.
stat.gov.pl
