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Poland's Overall Balance (% of GDP): Net Lending/Borrowing Trends and Forecasts (1990-2029)

Poland's Overall Balance (% of GDP): Net Lending/Borrowing Trends and Forecasts (1990-2029)

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TGM StatBox. (2024). Poland's Overall Balance (% of GDP): Net Lending/Borrowing Trends and Forecasts (1990-2029). TGM StatBox.
Chart Details
Data Source: International Monetary Fund (IMF)
Timeframe: 1990-2023
Country: Poland
Published date: 2024
Note: Net lending/borrowing, also referred to as the overall balance, is a measure of a country's fiscal position, expressed as a percentage of its Gross Domestic Product (GDP). According to the International Monetary Fund (IMF), it indicates the difference between government revenues and expenditures, including any borrowing or lending to other sectors.
Key Takeaways
Poland’s fiscal trajectory reflects the impact of economic transitions and global crises. The early 2000s saw high deficits, peaking at -6.0% in 2003 due to public investment and structural reforms. Improvements followed, with deficits narrowing to -0.7% by 2019, supported by strong economic growth.

The COVID-19 pandemic reversed gains, with a deficit of -6.9% in 2020. Projections suggest stabilization around -4.1% by 2029, reflecting Poland’s efforts to balance fiscal responsibility with economic recovery.

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