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Poland's balance of payments. The new NBP data surprised

Balance of payments is a summary of a country's foreign trade. A significant part of the data comes from a closed system on transactions settled by the Polish banking system. Banks send information to NBP both about their own transactions and those made on behalf of customers. Data from banks are supplemented with information obtained directly from enterprises.

In recent years, monthly statistics have usually been negative. This means that more financial resources flow out of the country than flow into it. Economists' forecasts for April suggested a deficit of EUR 340 million. The result turned out to be several times greater – EUR 1 billion 558 million in the red.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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