{"id":6203,"date":"2026-07-09T13:14:37","date_gmt":"2026-07-09T13:14:37","guid":{"rendered":"https:\/\/ceo.com.pl\/en\/?p=6203"},"modified":"2026-07-09T13:14:44","modified_gmt":"2026-07-09T13:14:44","slug":"polands-national-accounts-gdp-savings-and-investment-in-q1-2026-2026","status":"publish","type":"post","link":"https:\/\/ceo.com.pl\/en\/polands-national-accounts-gdp-savings-and-investment-in-q1-2026-2026\/","title":{"rendered":"Poland\u2019s national accounts: GDP, savings and investment in Q1 2026"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">In the first quarter of 2026, the Polish economy generated PLN 949.8 billion in GDP at current prices \u2014 6.4% more than a year earlier. The deficit of the general government sector narrowed year on year, but for the whole of 2025 it reached a record 7.3% of GDP. Companies are increasing profits faster than investment, while households are gradually rebuilding their savings rate after years of high inflation.<\/p>\n\n\n\n<div class=\"ceo-rn26\">\n<style>\n.ceo-rn26{--ceo-navy:#131F49;--ceo-amber:#e67a2d;--ceo-bg:#f7f8fb;--ceo-line:#e2e4ea;--ceo-pos:#1f7a3d;--ceo-neg:#c0392b;font-family:Arial,Helvetica,sans-serif;color:#1a1a1a;font-size:16.5px;line-height:1.65;max-width:900px;margin:0 auto;}\n.ceo-rn26 .ceo-kicker{display:inline-block;background:var(--ceo-amber);color:#fff;font-size:12.5px;font-weight:700;letter-spacing:.08em;text-transform:uppercase;padding:6px 14px;border-radius:3px;margin-bottom:14px;}\n.ceo-rn26 .ceo-h2{font-family:Georgia,serif;font-size:31px;line-height:1.25;color:var(--ceo-navy);margin:0 0 10px;font-weight:700;}\n.ceo-rn26 .ceo-dateline{font-size:13.5px;color:#7a8194;margin:0 0 22px;font-weight:600;letter-spacing:.02em;text-transform:uppercase;}\n.ceo-rn26 .ceo-lead{font-family:Georgia,serif;font-size:19px;line-height:1.55;color:#2a2a2a;border-left:4px solid var(--ceo-amber);padding:4px 0 4px 20px;margin:0 0 28px;}\n.ceo-rn26 .ceo-kpi-grid{display:grid;grid-template-columns:repeat(4,1fr);gap:14px;margin:0 0 30px;}\n.ceo-rn26 .ceo-kpi-card{background:#fff;border:1px solid var(--ceo-line);border-radius:4px;padding:16px 18px;display:flex;flex-direction:column;gap:6px;}\n.ceo-rn26 .ceo-kpi-label{font-size:12.5px;color:#7a8194;text-transform:uppercase;letter-spacing:.04em;font-weight:600;}\n.ceo-rn26 .ceo-kpi-value{font-family:Georgia,serif;font-size:27px;font-weight:700;color:var(--ceo-navy);line-height:1.1;}\n.ceo-rn26 .ceo-kpi-unit{font-size:13.5px;color:#7a8194;font-weight:400;}\n.ceo-rn26 .ceo-kpi-delta{font-size:13px;font-weight:600;}\n.ceo-rn26 .ceo-up{color:var(--ceo-pos);}\n.ceo-rn26 .ceo-down{color:var(--ceo-neg);}\n.ceo-rn26 .ceo-h3{font-family:Georgia,serif;font-size:22.5px;color:var(--ceo-navy);line-height:1.3;margin:38px 0 14px;padding-bottom:9px;border-bottom:2px solid var(--ceo-amber);font-weight:700;}\n.ceo-rn26 p{margin:0 0 16px;}\n.ceo-rn26 .ceo-chart-box{background:#fff;border:1px solid var(--ceo-line);border-radius:4px;padding:18px 18px 12px;margin:14px 0 26px;}\n.ceo-rn26 .ceo-chart-title{font-size:15.5px;font-weight:700;margin:0 0 12px;color:var(--ceo-navy);}\n.ceo-rn26 .ceo-chart-wrap{position:relative;width:100%;height:360px;}\n.ceo-rn26 .ceo-tablewrap{overflow-x:auto;margin:8px 0 28px;}\n.ceo-rn26 .ceo-table{width:100%;border-collapse:collapse;margin:0;font-size:14.5px;min-width:560px;}\n.ceo-rn26 .ceo-table th{background:var(--ceo-navy);color:#fff;text-align:left;padding:11px 12px;font-family:Georgia,serif;font-weight:700;font-size:13.5px;}\n.ceo-rn26 .ceo-table th.ceo-num{text-align:right;}\n.ceo-rn26 .ceo-table td{padding:9px 12px;border-bottom:1px solid var(--ceo-line);vertical-align:top;}\n.ceo-rn26 .ceo-table .ceo-num{text-align:right;white-space:nowrap;font-variant-numeric:tabular-nums;}\n.ceo-rn26 .ceo-table tbody tr:nth-child(even){background:var(--ceo-bg);}\n.ceo-rn26 .ceo-badge{display:inline-block;padding:2px 9px;border-radius:10px;font-size:12.5px;font-weight:700;}\n.ceo-rn26 .ceo-badge-up{background:#e7f3ea;color:var(--ceo-pos);}\n.ceo-rn26 .ceo-badge-down{background:#fbe9e7;color:var(--ceo-neg);}\n.ceo-rn26 .ceo-callout{background:var(--ceo-navy);border-left:5px solid var(--ceo-amber);border-radius:4px;padding:22px 26px;margin:30px 0;}\n.ceo-rn26 .ceo-callout p{margin:0;color:#ffffff !important;font-size:17px;line-height:1.6;}\n.ceo-rn26 .ceo-callout p strong{color:var(--ceo-amber) !important;}\n.ceo-rn26 .ceo-takeaways{background:#fdf1e7;border-left:4px solid var(--ceo-amber);border-radius:4px;padding:22px 26px;margin:30px 0;}\n.ceo-rn26 .ceo-takeaways-title{font-size:13px;font-weight:700;letter-spacing:.1em;text-transform:uppercase;color:#b9591a;margin:0 0 12px;}\n.ceo-rn26 .ceo-takeaways ul{margin:0;padding-left:0;list-style:none;}\n.ceo-rn26 .ceo-takeaways li{position:relative;padding:8px 0 8px 24px;border-bottom:1px solid #f0d8c2;font-size:15px;line-height:1.55;}\n.ceo-rn26 .ceo-takeaways li:last-child{border-bottom:none;}\n.ceo-rn26 .ceo-takeaways li:before{content:\"\";position:absolute;left:0;top:15px;width:9px;height:9px;background:var(--ceo-amber);border-radius:1px;}\n.ceo-rn26 .ceo-method{font-size:13.5px;color:#5a5a5a;line-height:1.6;background:var(--ceo-bg);border-radius:4px;padding:16px 20px;margin:26px 0;}\n.ceo-rn26 .ceo-method strong{color:var(--ceo-navy);}\n.ceo-rn26 .ceo-foot{font-size:13px;color:#7a8194;margin-top:22px;font-style:italic;}\n@media(max-width:820px){.ceo-rn26 .ceo-kpi-grid{grid-template-columns:repeat(2,1fr);}}\n@media(max-width:600px){\n.ceo-rn26{font-size:15.5px;}\n.ceo-rn26 .ceo-h2{font-size:24px;}\n.ceo-rn26 .ceo-kpi-grid{grid-template-columns:1fr;}\n.ceo-rn26 .ceo-kpi-value{font-size:23px;}\n.ceo-rn26 .ceo-chart-wrap{height:300px;}\n.ceo-rn26 .ceo-table{font-size:13px;}\n}\n<\/style>\n\n<span class=\"ceo-kicker\">National accounts | Statistics Poland | Q1 2026<\/span>\n<h2 class=\"ceo-h2\">GDP in Q1 2026 up 6.4% y\/y in nominal terms, public-sector deficit lower than a year earlier<\/h2>\n\n<div class=\"ceo-kpi-grid\">\n  <div class=\"ceo-kpi-card\">\n    <div class=\"ceo-kpi-label\">GDP (Q1 2026)<\/div>\n    <div class=\"ceo-kpi-value\">949.8<span class=\"ceo-kpi-unit\"> PLN bn<\/span><\/div>\n    <div class=\"ceo-kpi-delta ceo-up\">+6.4% y\/y (nominal)<\/div>\n  <\/div>\n  <div class=\"ceo-kpi-card\">\n    <div class=\"ceo-kpi-label\">General government balance<\/div>\n    <div class=\"ceo-kpi-value\">-15.5<span class=\"ceo-kpi-unit\"> PLN bn<\/span><\/div>\n    <div class=\"ceo-kpi-delta ceo-up\">improvement of PLN 3.5 bn y\/y<\/div>\n  <\/div>\n  <div class=\"ceo-kpi-card\">\n    <div class=\"ceo-kpi-label\">Household savings rate (2025)<\/div>\n    <div class=\"ceo-kpi-value\">9.2<span class=\"ceo-kpi-unit\">%<\/span><\/div>\n    <div class=\"ceo-kpi-delta\">vs. 4.8% in 2023<\/div>\n  <\/div>\n  <div class=\"ceo-kpi-card\">\n    <div class=\"ceo-kpi-label\">Fiscal deficit (2025, full year)<\/div>\n    <div class=\"ceo-kpi-value\">-284.0<span class=\"ceo-kpi-unit\"> PLN bn<\/span><\/div>\n    <div class=\"ceo-kpi-delta\">approx. 7.3% of GDP<\/div>\n  <\/div>\n<\/div>\n\n<h3 class=\"ceo-h3\">GDP and national income: where part of the product disappears<\/h3>\n<p>In 2025, the Polish economy generated PLN 3,912.7 billion in GDP at current prices \u2014 6.6% more than in 2024. Gross national income, however, which is GDP adjusted for the balance of property and labour income flowing abroad, amounted to PLN 3,769.9 billion. The difference of PLN 142.7 billion, or 3.6% of GDP, shows the scale of funds that flow out of Poland each year in the form of profits, dividends and interest paid to foreign owners of capital invested in the country. Gross savings of the whole economy reached PLN 676.7 billion, or 18.0% of gross disposable income. In 2025 as a whole, the economy remained a net borrower of capital from abroad, with net lending\/net borrowing at PLN -18.8 billion, although in Q1 2026 the balance turned positive at PLN +2.4 billion, compared with PLN +1.2 billion a year earlier.<\/p>\n\n<div class=\"ceo-chart-box\">\n  <div class=\"ceo-chart-title\">Chart 1. Poland\u2019s GDP at current prices, 2015-2025 (PLN bn)<\/div>\n  <div class=\"ceo-chart-wrap\"><canvas id=\"rn26-chart-pkb\"><\/canvas><\/div>\n<\/div>\n\n<h3 class=\"ceo-h3\">Institutional-sector balances: who lends and who borrows<\/h3>\n<p>Sector accounts show a clear and persistent division of roles in the Polish economy. The general government sector is the only permanent net borrower. Its deficit increased from PLN 17.0 billion in 2019, or 0.7% of GDP, to PLN 284.0 billion in 2025, or 7.3% of GDP. In relation to GDP, this represents a tenfold increase and exceeds even the peak recorded in the pandemic year of 2020, when the deficit stood at 6.9% of GDP. At the same time, non-financial corporations and financial institutions remain stable net lenders to the rest of the economy, while the household balance is the most volatile. It was clearly negative in 2021-2023, during the inflation peak, before rebounding to PLN +87.7 billion in 2024 and PLN +101.5 billion in 2025.<\/p>\n\n<div class=\"ceo-chart-box\">\n  <div class=\"ceo-chart-title\">Chart 2. Net lending (+) \/ net borrowing (-) by sector, 2019-2025 (PLN bn)<\/div>\n  <div class=\"ceo-chart-wrap\"><canvas id=\"rn26-chart-sektory\"><\/canvas><\/div>\n<\/div>\n\n<h3 class=\"ceo-h3\">Non-financial corporations: profits are growing faster than investment<\/h3>\n<p>The gross operating surplus of the non-financial corporate sector, an approximate measure of profit before interest, tax and depreciation, amounted to PLN 179.8 billion in Q1 2026 \u2014 9.0% more than a year earlier. Gross fixed capital formation grew more slowly, by 7.7% y\/y, to PLN 64.5 billion. In the whole of 2025, the operating surplus reached PLN 788.1 billion, while investment amounted to PLN 316.1 billion. The sector remained a net lender at PLN 147.4 billion, generating more funds than it spent on investment and other expenditure.<\/p>\n\n<div class=\"ceo-chart-box\">\n  <div class=\"ceo-chart-title\">Chart 3. Gross operating surplus vs. investment of non-financial corporations, quarterly (PLN bn)<\/div>\n  <div class=\"ceo-chart-wrap\"><canvas id=\"rn26-chart-przedsiebiorstwa\"><\/canvas><\/div>\n<\/div>\n\n<h3 class=\"ceo-h3\">Households: the savings rate is returning to normal<\/h3>\n<p>The household savings rate, defined as the ratio of gross savings to gross disposable income, was just 4.8% in 2023 \u2014 the lowest level in the analysed period and a result of real incomes being eroded by high inflation. In 2024 it rose to 8.9%, and in 2025 to 9.2%. The indicator follows a strong quarterly seasonal pattern: it is usually lowest at the beginning of the year and highest in the fourth quarter. In Q1 2026, it stood at 0.7% \u2014 higher than -0.2% a year earlier, but still typically low for the first quarter.<\/p>\n\n<div class=\"ceo-chart-box\">\n  <div class=\"ceo-chart-title\">Chart 4. Household savings rate, quarterly, Q1 2025 &#8211; Q1 2026<\/div>\n  <div class=\"ceo-chart-wrap\"><canvas id=\"rn26-chart-oszczednosci\"><\/canvas><\/div>\n<\/div>\n\n<h3 class=\"ceo-h3\">Summary: Q1 2025 compared with Q1 2026<\/h3>\n<div class=\"ceo-tablewrap\">\n<table class=\"ceo-table\">\n<thead><tr><th>Indicator<\/th><th class=\"ceo-num\">Q1 2025<\/th><th class=\"ceo-num\">Q1 2026<\/th><th class=\"ceo-num\">Change<\/th><\/tr><\/thead>\n<tbody>\n<tr><td>GDP (PLN bn, current prices)<\/td><td class=\"ceo-num\">892.2<\/td><td class=\"ceo-num\">949.8<\/td><td class=\"ceo-num\"><span class=\"ceo-badge ceo-badge-up\">+6.4%<\/span><\/td><\/tr>\n<tr><td>General government balance (PLN bn)<\/td><td class=\"ceo-num\">-19.0<\/td><td class=\"ceo-num\">-15.5<\/td><td class=\"ceo-num\"><span class=\"ceo-badge ceo-badge-up\">+PLN 3.5 bn<\/span><\/td><\/tr>\n<tr><td>Corporate operating surplus (PLN bn)<\/td><td class=\"ceo-num\">165.0<\/td><td class=\"ceo-num\">179.8<\/td><td class=\"ceo-num\"><span class=\"ceo-badge ceo-badge-up\">+9.0%<\/span><\/td><\/tr>\n<tr><td>Corporate investment (PLN bn)<\/td><td class=\"ceo-num\">59.9<\/td><td class=\"ceo-num\">64.5<\/td><td class=\"ceo-num\"><span class=\"ceo-badge ceo-badge-up\">+7.7%<\/span><\/td><\/tr>\n<tr><td>Household savings rate<\/td><td class=\"ceo-num\">-0.2%<\/td><td class=\"ceo-num\">0.7%<\/td><td class=\"ceo-num\"><span class=\"ceo-badge ceo-badge-up\">+0.9 pp<\/span><\/td><\/tr>\n<tr><td>Overall economy balance with the rest of the world (PLN bn)<\/td><td class=\"ceo-num\">+1.2<\/td><td class=\"ceo-num\">+2.4<\/td><td class=\"ceo-num\"><span class=\"ceo-badge ceo-badge-up\">+PLN 1.2 bn<\/span><\/td><\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n\n<div class=\"ceo-callout\">\n  <p>Since 2019, the general government deficit as a share of GDP has increased almost <strong>tenfold<\/strong>, from 0.7% to 7.3%, even though companies and households remain net savers. Today, it is the public sector \u2014 not the behaviour of firms or consumers \u2014 that is the main source of the Polish economy\u2019s need for external financing.<\/p>\n<\/div>\n\n<div class=\"ceo-takeaways\">\n  <div class=\"ceo-takeaways-title\">What this means for business<\/div>\n  <ul>\n    <li>GDP in Q1 2026 increased by 6.4% y\/y in nominal terms. The data are expressed at current prices, so they do not reflect real volume growth, only the value measured in zloty.<\/li>\n    <li>The public-sector deficit narrowed year on year in Q1 2026, but for 2025 as a whole it reached 7.3% of GDP \u2014 the highest level in the analysed period and even higher than in pandemic-hit 2020.<\/li>\n    <li>Non-financial corporations are increasing their operating surplus faster than investment, with growth of 9.0% compared with 7.7% y\/y \u2014 a sign of capital accumulation worth watching in the context of future investment decisions.<\/li>\n    <li>The household savings rate stabilised in 2025 at 9.2%, almost twice as high as in 2023. Consumers are rebuilding financial buffers after the period of high inflation.<\/li>\n    <li>The gap between GDP and gross national income, equal to 3.6% of GDP in 2025, shows the scale of returns on foreign capital flowing out of Poland \u2014 an important context when assessing the ownership structure of the domestic economy.<\/li>\n  <\/ul>\n<\/div>\n\n<div class=\"ceo-method\">\n  <strong>Methodology:<\/strong> The data come from Statistics Poland\u2019s quarterly non-financial accounts by institutional sector, prepared according to ESA 2010 methodology, at current prices, meaning nominal values not adjusted for inflation. Sectors: S11 \u2014 non-financial corporations, S12 \u2014 financial institutions, S13 \u2014 general government, S14+S15 \u2014 households and non-profit institutions serving households, S2 \u2014 rest of the world. Data for Q1 2026 are preliminary; data for subsequent quarters of 2026 have not yet been published.\n<\/div>\n\n<p class=\"ceo-foot\">Source: Statistics Poland data, non-financial accounts by institutional sector. Own compilation based on Statistics Poland data.<\/p>\n<\/div>\n\n<script class=\"nowprocket\" data-cfasync=\"false\" data-no-minify=\"1\" src=\"https:\/\/cdnjs.cloudflare.com\/ajax\/libs\/Chart.js\/4.4.1\/chart.umd.min.js\"><\/script>\n<script class=\"nowprocket\" data-cfasync=\"false\" data-no-minify=\"1\">\n(function(){\n  var rn26Attempts = 0;\n  var rn26MaxAttempts = 100;\n  var rn26Poll = setInterval(function(){\n    rn26Attempts++;\n    if (typeof Chart !== 'undefined') {\n      clearInterval(rn26Poll);\n      rn26InitCharts();\n    } else if (rn26Attempts >= rn26MaxAttempts) {\n      clearInterval(rn26Poll);\n    }\n  }, 100);\n\n  function rn26Fmt(v){\n    return v.toLocaleString('en-GB', {minimumFractionDigits:1, maximumFractionDigits:1});\n  }\n\n  function rn26InitCharts(){\n    var navy = '#131F49';\n    var amber = '#e67a2d';\n    var navyLight = '#5a6a9a';\n    var amberLight = '#f2ab7c';\n    var red = '#c0392b';\n    var green = '#1f7a3d';\n    var gridColor = 'rgba(19,31,73,0.08)';\n\n    try {\n      var c1 = document.getElementById('rn26-chart-pkb');\n      if (c1) {\n        new Chart(c1.getContext('2d'), {\n          type: 'bar',\n          data: {\n            labels: ['2015','2016','2017','2018','2019','2020','2021','2022','2023','2024','2025'],\n            datasets: [{\n              label: 'GDP (PLN bn)',\n              data: [1809.6,1866.0,1996.8,2147.6,2313.9,2362.9,2661.5,3100.8,3415.3,3669.5,3912.7],\n              backgroundColor: navy,\n              borderRadius: 4\n            }]\n          },\n          options: {\n            responsive: true, maintainAspectRatio: false,\n            plugins: {\n              legend: { display: false },\n              tooltip: { callbacks: { label: function(ctx){ return rn26Fmt(ctx.parsed.y) + ' PLN bn'; } } }\n            },\n            scales: {\n              x: { ticks: { color: '#1a1a1a', font: { size: 11.5 } }, grid: { display: false } },\n              y: { ticks: { color: '#1a1a1a', font: { size: 11.5 }, callback: function(v){ return v.toLocaleString('en-GB'); } }, grid: { color: gridColor } }\n            }\n          }\n        });\n      }\n    } catch (e) { console.error('rn26 chart-gdp error', e); }\n\n    try {\n      var c2 = document.getElementById('rn26-chart-sektory');\n      if (c2) {\n        new Chart(c2.getContext('2d'), {\n          type: 'bar',\n          data: {\n            labels: ['2019','2020','2021','2022','2023','2024','2025'],\n            datasets: [\n              { label: 'Non-financial corporations (S11)', data: [27.3,93.6,30.7,87.7,229.0,108.7,147.4], backgroundColor: navy },\n              { label: 'Financial institutions (S12)', data: [19.4,41.1,20.2,41.6,32.2,42.1,16.3], backgroundColor: navyLight },\n              { label: 'General government (S13)', data: [-17.0,-161.9,-44.6,-104.5,-177.4,-236.6,-284.0], backgroundColor: red },\n              { label: 'Households (S14+S15)', data: [-1.1,119.5,-21.1,-97.5,-24.9,87.7,101.5], backgroundColor: amber }\n            ]\n          },\n          options: {\n            responsive: true, maintainAspectRatio: false,\n            plugins: {\n              legend: { position: 'bottom', labels: { color: '#1a1a1a', font: { size: 11.5 }, usePointStyle: true } },\n              tooltip: { callbacks: { label: function(ctx){ return ctx.dataset.label + ': ' + rn26Fmt(ctx.parsed.y) + ' PLN bn'; } } }\n            },\n            scales: {\n              x: { ticks: { color: '#1a1a1a', font: { size: 11.5 } }, grid: { display: false } },\n              y: { ticks: { color: '#1a1a1a', font: { size: 11.5 }, callback: function(v){ return v.toLocaleString('en-GB'); } }, grid: { color: gridColor } }\n            }\n          }\n        });\n      }\n    } catch (e) { console.error('rn26 chart-sectors error', e); }\n\n    try {\n      var c3 = document.getElementById('rn26-chart-przedsiebiorstwa');\n      if (c3) {\n        new Chart(c3.getContext('2d'), {\n          type: 'bar',\n          data: {\n            labels: ['Q1 25','Q2 25','Q3 25','Q4 25','Q1 26'],\n            datasets: [\n              { label: 'Gross operating surplus', data: [165.0,161.9,193.9,267.3,179.8], backgroundColor: navy, borderRadius: 4 },\n              { label: 'Gross fixed capital formation', data: [59.9,68.5,72.9,114.9,64.5], backgroundColor: amber, borderRadius: 4 }\n            ]\n          },\n          options: {\n            responsive: true, maintainAspectRatio: false,\n            plugins: {\n              legend: { position: 'bottom', labels: { color: '#1a1a1a', font: { size: 12 }, usePointStyle: true } },\n              tooltip: { callbacks: { label: function(ctx){ return ctx.dataset.label + ': ' + rn26Fmt(ctx.parsed.y) + ' PLN bn'; } } }\n            },\n            scales: {\n              x: { ticks: { color: '#1a1a1a', font: { size: 11.5 } }, grid: { display: false } },\n              y: { ticks: { color: '#1a1a1a', font: { size: 11.5 }, callback: function(v){ return v.toLocaleString('en-GB'); } }, grid: { color: gridColor } }\n            }\n          }\n        });\n      }\n    } catch (e) { console.error('rn26 chart-corporations error', e); }\n\n    try {\n      var c4 = document.getElementById('rn26-chart-oszczednosci');\n      if (c4) {\n        new Chart(c4.getContext('2d'), {\n          type: 'bar',\n          data: {\n            labels: ['Q1 25','Q2 25','Q3 25','Q4 25','Q1 26'],\n            datasets: [{\n              label: 'Savings rate',\n              data: [-0.2,12.9,7.6,15.2,0.7],\n              backgroundColor: function(ctx){ return ctx.parsed && ctx.parsed.y < 0 ? red : amber; },\n              borderRadius: 4\n            }]\n          },\n          options: {\n            responsive: true, maintainAspectRatio: false,\n            plugins: {\n              legend: { display: false },\n              tooltip: { callbacks: { label: function(ctx){ return rn26Fmt(ctx.parsed.y) + '%'; } } }\n            },\n            scales: {\n              x: { ticks: { color: '#1a1a1a', font: { size: 11.5 } }, grid: { display: false } },\n              y: { ticks: { color: '#1a1a1a', font: { size: 11.5 }, callback: function(v){ return v + '%'; } }, grid: { color: gridColor } }\n            }\n          }\n        });\n      }\n    } catch (e) { console.error('rn26 chart-savings error', e); }\n  }\n})();\n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>In the first quarter of 2026, the Polish economy generated PLN 949.8 billion in GDP at current prices \u2014 6.4% more than a year earlier. The deficit of the general government sector narrowed year on year, but for the whole of 2025 it reached a record 7.3% of GDP. Companies are increasing profits faster than [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4969,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"Poland\u2019s economy generated nominal GDP of PLN 949.8 billion in the first quarter of 2026, up 6.4 percent year on year, according to Statistics Poland.\n\nSector accounts show, however, that growth is not evenly distributed. Non-financial corporations are increasing their gross operating surplus faster than investment, which may point to capital accumulation and caution in launching new projects. Households are rebuilding savings after the high-inflation period, with the savings rate rising to 9.2 percent in 2025.\n\nThe biggest challenge remains the public sector. The deficit of general government stood at PLN 284 billion in 2025, around 7.3 percent of GDP. This means that the state, rather than companies or consumers, is currently the main source of Poland\u2019s economy-wide financing needs.","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[15,7],"tags":[4120,2690,64],"class_list":["post-6203","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","category-reports-analysis","tag-esa","tag-gap","tag-poland"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/6203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/comments?post=6203"}],"version-history":[{"count":0,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/6203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media\/4969"}],"wp:attachment":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media?parent=6203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/categories?post=6203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/tags?post=6203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}