The Central Bank of Poland published preliminary balance of payments data for December 2025, showing a current account deficit of PLN 7.2bn, compared with a deficit of PLN 6.1bn in December 2024. The breakdown showed surpluses in services (PLN 13.8bn) and secondary income (PLN 1.9bn), alongside deficits in primary income (PLN 13.2bn) and trade in goods (PLN 9.7bn). Goods exports rose 8.5% year on year to PLN 115.6bn, while imports increased 8.9% to PLN 125.3bn, with the central bank noting the fastest increase in almost three years, partly linked to a higher number of working days. Services exports totalled PLN 44.3bn (up PLN 2.2bn or 5.2%) and services imports were PLN 30.5bn (up PLN 2.6bn or 9.2%). The primary income deficit widened marginally year on year, driven mainly by higher income earned by foreign direct investors (PLN 13.9bn), with additional outflows related to portfolio investments (PLN 1.9bn) and other investments (PLN 2.5bn).
Central Bank of Poland 2026-02-13
Central Bank of Poland releases December 2025 balance of payments data showing PLN 7.2bn current account deficit
The Central Bank of Poland reported a current account deficit of PLN 7.2bn for December 2025, up from PLN 6.1bn in December 2024. Goods exports increased by 8.5% to PLN 115.6bn, while imports rose 8.9% to PLN 125.3bn, marking the fastest growth in nearly three years. The primary income deficit slightly widened due to higher foreign direct investment income and additional outflows from portfolio and other investments.