The Central Bank of Poland released preliminary balance of payments data for April 2026 showing a current account deficit of PLN 6.6 billion, compared with a deficit of PLN 1.1 billion in April 2025. The month recorded a services surplus of PLN 14.7 billion, but this was more than offset by deficits in the primary income account of PLN 12.5 billion, the trade in goods account of PLN 8.5 billion and the secondary income account of PLN 0.3 billion. Goods exports rose 6.2% year on year to PLN 130.2 billion, while imports increased 7.4% to PLN 138.7 billion. Export growth was led by intermediate goods, notably refined copper and raw silver, and by higher computer exports, while weaker automotive industry and durable consumer goods exports weighed on the total. On the import side, the increase was driven by higher fuel prices and higher purchases of computers, immunological products and vaccines, and passenger cars, while automotive parts deliveries fell again. Services exports amounted to PLN 42.3 billion and services imports to PLN 27.6 billion. The primary income deficit deteriorated by PLN 1.8 billion from a year earlier, mainly because income earned by foreign direct investors in Polish entities reached PLN 13.6 billion, alongside payments on portfolio investments of PLN 2.2 billion and other investments of PLN 2.0 billion.
Central Bank of Poland2026-06-12
Central Bank of Poland reports April current account deficit widens to PLN 6.6 billion as goods and primary income gaps outweigh services surplus
The Central Bank of Poland’s preliminary April 2026 balance of payments data showed a current account deficit of PLN 6.6 billion, wider than the PLN 1.1 billion deficit a year earlier. A PLN 14.7 billion services surplus was outweighed by deficits in goods trade and primary income, as imports rose faster than exports and foreign direct investors’ income reached PLN 13.6 billion.