Gross debt in Poland
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.The gross debt in Poland in the period from 1998 to 2019 was between 63.5 bn and 297.7 bn USD. The hightest level within the past 21 years was reached in 2013. However, the liabilities in 2019 have been only 274.93 bn USD
Based on the number of inhabitants, this is in Poland a debt of 7,241 USD per person. For comparison: The average debt per person in the same year in the European Union was 32,667 USD.
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Gross debt of the last 21 years in billion USD
Jahr | Poland total | Poland per capita | EU per capita |
---|---|---|---|
1998 | 63.52 bn USD | 1,643 USD | 12,387 USD |
1999 | 67.50 bn USD | 1,746 USD | 12,342 USD |
2000 | 65.69 bn USD | 1,717 USD | 10,778 USD |
2001 | 75.03 bn USD | 1,962 USD | 10,717 USD |
2002 | 80.17 bn USD | 2,097 USD | 11,593 USD |
2003 | 95.45 bn USD | 2,498 USD | 14,402 USD |
2004 | 127.99 bn USD | 3,352 USD | 16,970 USD |
2005 | 148.26 bn USD | 3,885 USD | 17,846 USD |
2006 | 164.61 bn USD | 4,316 USD | 18,591 USD |
2007 | 200.00 bn USD | 5,246 USD | 20,509 USD |
2008 | 212.75 bn USD | 5,580 USD | 23,520 USD |
2009 | 232.29 bn USD | 6,089 USD | 25,266 USD |
2010 | 258.37 bn USD | 6,792 USD | 30,683 USD |
2011 | 267.47 bn USD | 7,027 USD | 34,278 USD |
2012 | 278.63 bn USD | 7,320 USD | 33,161 USD |
2013 | 297.65 bn USD | 7,825 USD | 35,247 USD |
2014 | 271.69 bn USD | 7,148 USD | 36,694 USD |
2015 | 240.28 bn USD | 6,325 USD | 31,489 USD |
2016 | 253.50 bn USD | 6,676 USD | 31,202 USD |
2017 | 272.40 bn USD | 7,173 USD | 32,056 USD |
2018 | 284.37 bn USD | 7,488 USD | 33,826 USD |
2019 | 274.93 bn USD | 7,241 USD | 32,667 USD |
Comparison of the gross debt per capita with the European Union in Euro
Budget deficit in Poland
The budget deficit of a country is the result of all its claims and liabilities. This includes incomes and expenses, repayments and building of new debts in other countries, but also domestic positions of the government, such as social insurances, local authorities and communities. It is the financial balance of the economic accounts. In simple terms: If a country at the end of the year has more money, than at at the beginning, it is a surplus - it is less, it is called deficit.The budget deficit in Poland in the period between 1998 and 2019 varied between 1.42 bn Euro and 35.54 bn Euro. In 2019 was reached a balance of -4.14 bn Euro.
In ratio to population, this equals a new indebtedness of 109 Euro per capita in Poland only in 2019. For comparison, the average debt per capita in the European Union was in the same year at 332 Euro.
Budget deficit of the past 21 years
Jahr | Poland total | Poland per capita | EU per capita |
---|---|---|---|
1998 | -7.29 bn USD | -189 USD | -350 USD |
1999 | -3.88 bn USD | -100 USD | -180 USD |
2000 | -5.19 bn USD | -136 USD | 98 USD |
2001 | -10.02 bn USD | -262 USD | -263 USD |
2002 | -9.88 bn USD | -259 USD | -496 USD |
2003 | -13.42 bn USD | -351 USD | -738 USD |
2004 | -12.93 bn USD | -339 USD | -808 USD |
2005 | -12.14 bn USD | -318 USD | -722 USD |
2006 | -12.27 bn USD | -322 USD | -499 USD |
2007 | -7.97 bn USD | -209 USD | -315 USD |
2008 | -19.41 bn USD | -509 USD | -951 USD |
2009 | -32.07 bn USD | -841 USD | -2,252 USD |
2010 | -35.54 bn USD | -934 USD | -2,486 USD |
2011 | -26.27 bn USD | -690 USD | -1,907 USD |
2012 | -18.89 bn USD | -496 USD | -1,689 USD |
2013 | -22.01 bn USD | -579 USD | -1,354 USD |
2014 | -19.81 bn USD | -521 USD | -1,226 USD |
2015 | -12.40 bn USD | -326 USD | -871 USD |
2016 | -11.28 bn USD | -297 USD | -620 USD |
2017 | -7.85 bn USD | -207 USD | -406 USD |
2018 | -1.42 bn USD | -37 USD | -288 USD |
2019 | -4.14 bn USD | -109 USD | -332 USD |
(negative numbers = deficit)