Pologne - Compte courant

Poland posted a current account surplus of EUR 529 million in October 2019 compared to a deficit of EUR 447 million in the same month of the previous year and beating market expectations of a EUR 330 million surplus. It was the largest surplus since January, as the balance on goods swang to a surplus of EUR 440 million compared to a deficit of EUR 419 million and the services surplus widened to EUR 2,018 million from EUR 1,732 million. Meantime, the primary income shortfall rose to EUR 1,864 million from EUR 1,688 million while the secondary income gap fell slightly to EUR 65 million from EUR 72 million a year ago.

Poland posted a current account surplus of EUR 171 million in September 2019 compared to a deficit of EUR 794 million in the same month of the previous year and against market expectations of a EUR 220 million gap. It was the first monthly current account surplus since May, as the balance on goods shifted to a surplus of EUR 468 million compared to a deficit of EUR 398 million and the services surplus widened to EUR 1,837 million from EUR 1,757 million. Also, the primary income gap decreased to EUR 2,002 million from EUR 2,343 million a year ago while the balance on secondary income swang to a deficit of EUR 132 million compared to a surplus of EUR 190 million.

The current account gap in Poland shrank to EUR 606 million in August 2019 from EUR 1,059 million in the same month of the previous year. The goods deficit fell to EUR 55 million from EUR 548 million in August 2018 and the secondary income shortfall narrowed to EUR 179 million from EUR 442 million. Also, the services surplus widened to EUR 1,616 million from EUR 1,531 million while the primary income gap rose to EUR 1,988 million from EUR 1,600 million.

The current account deficit in Poland rose to EUR 814 million in July of 2019 from EUR 754 million in the same month of the previous year. The goods gap widened to EUR 376 million from EUR 236 million in July of 2018 and the primary income shortfall advanced to EUR 2,401 million from EUR 2,172 million while the secondary income deficit narrowed to EUR 31 million from ERU 185 million. Meantime, the services surplus went up to EUR 1,994 million from EUR 1,839 million.

The current account surplus in Poland decreased significantly to EUR 21 million in June 2019 from EUR 192 million in the same month of the previous year. The primary income shortfall increased to EUR 1,909 million from EUR 1,407 million in June 2018 and the secondary gap went up to EUR 99 million from EUR 16 million a year ago. Meanwhile, the goods deficit shrank to EUR 77 million from EUR 369 million, as imports and exports fell 3.1 percent and 1.6 percent, respectively. Also, the services surplus rose to EUR 2,106 million from EUR 1,984 million in the same period of 2018.

The current account surplus in Poland jumped to EUR 1,006 million in May of 2019 from EUR 236 million in the same month of the previous year. The services surplus widened to EUR 2,121 million from EUR 2,018 million and the primary income deficit narrowed to EUR 1,296 million from EUR 1,537 million. In addition, the goods account shifted to a surplus of EUR 96 million from a EUR 242 million gap a year earlier and the secondary income account posted a surplus of 85 million, swinging from a EUR 3 million deficit.