The Central Bank of Poland released preliminary balance of payments data showing Poland’s current account recorded a PLN 4.2bn deficit in February 2026, compared with a PLN 1.0bn surplus in February 2025. The month’s outcome reflected a services surplus of PLN 12.8bn alongside deficits in primary income (PLN 10.6bn), trade in goods (PLN 4.3bn) and secondary income (PLN 2.1bn). Goods exports increased by 2.9% year on year to PLN 121.3bn, while imports rose by 4.3% to PLN 125.7bn. Export growth was driven mainly by supply goods, with notable increases in raw silver, refined copper and immunological products, and gains in other consumer goods and capital goods including computers, while furniture, delivery vehicles and road tractors declined. Import growth was strongest in capital goods, particularly computers, and in means of transport led by passenger cars, which the release linked to continued higher supplies from China; durable consumer goods imports also rose, while automotive parts were among the largest import declines. Services exports totalled PLN 37.2bn, up 4.2% year on year, while services expenditure rose 6.6% to PLN 24.4bn. The primary income deficit widened by PLN 2.0bn year on year to PLN 10.6bn, mainly reflecting foreign direct investors’ income of PLN 12.5bn, alongside payments on portfolio investments (PLN 1.8bn) and other investments (PLN 1.8bn).
Central Bank of Poland 2026-04-13
Central Bank of Poland reports Poland’s February 2026 current account moved to a PLN 4.2bn deficit as imports outpaced exports
The Central Bank of Poland reported that Poland’s current account moved to a PLN 4.2bn deficit in February 2026 from a PLN 1.0bn surplus a year earlier, reflecting a services surplus of PLN 12.8bn offset by deficits in primary income, trade in goods and secondary income. Goods exports rose 2.9% year on year to PLN 121.3bn versus a 4.3% increase in imports to PLN 125.7bn, while services exports grew 4.2% and services expenditure 6.6%.