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Macro EconomyMedium•23 April 2026•

1 min read

Poland Q1 2026 GDP Growth Beats Expectations on Strong Consumer Demand

Key Facts

1Poland's GDP growth in 1Q26 reached 3.8% YoY, performing better than market expectations.

2Strong consumer demand remained a key growth driver, cushioning the economy against weakness in industry and construction.

Poland's economy started 2026 on a strong footing, with GDP growing by 3.8% year-on-year in the first quarter, surpassing market expectations. According to ING analysts, robust consumer demand remained the primary engine of growth, effectively cushioning the economy against persistent weakness in the industrial and construction sectors. This resilient domestic consumption has offset the headwinds caused by ongoing geopolitical tensions in the region. The stronger-than-anticipated performance suggests upside risks to the current annual growth forecast of 3.4%. While industry remains sluggish, the strength of the Polish consumer provides a solid foundation for the country's macroeconomic outlook. Market participants are now assessing whether this internal demand can maintain its momentum throughout the remainder of the year.