The National Bank of Poland published preliminary balance of payments data showing Poland recorded a PLN 8.2bn current account surplus in October 2025, compared with a PLN 4.0bn surplus a year earlier. The result reflected surpluses in services (PLN 13.8bn) and trade in goods (PLN 2.3bn), offset by deficits in primary income (PLN 7.8bn) and secondary income (PLN 0.1bn). Goods exports rose 3.7% year on year to PLN 137.5bn and imports increased 0.9% to PLN 135.2bn, with total goods turnover at its highest level since March 2023; export growth was led by other consumer goods (including clothing, footwear, and video game consoles) and buses, while passenger cars, automotive parts, and intermediate goods declined. Services exports increased 4.5% to PLN 43.0bn and services imports rose 6.2% to PLN 29.2bn. The primary income deficit widened by PLN 0.6bn year on year, mainly due to a PLN 0.7bn deterioration in the direct investment balance driven by lower income of Polish direct investors; income of foreign direct investors was PLN 13.1bn, while income payments on portfolio and other investment were PLN 2.1bn each.
Central Bank of Poland 2025-12-15
National Bank of Poland reports PLN 8.2bn current account surplus in October 2025
The National Bank of Poland reported a PLN 8.2bn current account surplus for October 2025, up from PLN 4.0bn a year earlier, driven by surpluses in services and trade in goods. Goods exports rose 3.7% to PLN 137.5bn, led by consumer goods and buses, while imports increased 0.9% to PLN 135.2bn. The primary income deficit widened due to lower income from Polish direct investors, despite a rise in services exports.