IMF Staff Country Reports

Republic of Poland: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Poland

January 21, 2025

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Format: Chicago

International Monetary Fund. European Dept. "Republic of Poland: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Poland", IMF Staff Country Reports 2025, 006 (2025), accessed January 21, 2025, https://doi.org/10.5089/9798400298813.002

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Summary

The Polish economy is recovering, driven by a rebound in domestic demand. Private consumption growth is being driven by rising nominal and real wages, and lower inflation; still, inflation remains well above target against a tight labor market. The current account surplus has diminished in 2024 as imports increased, while exports are contained by the subdued growth in the Euro Area. Fiscal pressures remain high, in part due to elevated defense spending.

Subject: Aging, Central bank policy rate, Credit, Energy prices, External debt, Financial services, Inflation, Labor, Labor markets, Money, Output gap, Population and demographics, Prices, Production, Public debt

Keywords: Aging, Central bank policy rate, Credit, Energy prices, Fiscal stance, Inflation, Labor markets, Output gap

Publication Details

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