household debts in Poland

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. 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 2021 was between 63.5 billion and 362.9 billion USD. The highest level of the last years at 363 billion US Dollar was reached in 2021. The budget deficit in the same year was 12.7 billion USD.

Based on the number of inhabitants, this is a debt of 9,614 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,695 USD.

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Gross debt of the last 23 years in billion USD

YearPoland totalPoland per capitaEU per capita
199863.52 bn USD1,643 USD14,079 USD
199967.50 bn USD1,746 USD14,032 USD
200065.33 bn USD1,708 USD11,232 USD
200174.61 bn USD1,951 USD11,255 USD
200279.64 bn USD2,083 USD12,258 USD
200394.90 bn USD2,484 USD15,286 USD
2004128.20 bn USD3,357 USD17,595 USD
2005148.78 bn USD3,898 USD18,327 USD
2006165.69 bn USD4,344 USD18,877 USD
2007201.54 bn USD5,287 USD20,898 USD
2008212.75 bn USD5,580 USD24,086 USD
2009232.29 bn USD6,089 USD25,361 USD
2010258.37 bn USD6,792 USD26,496 USD
2011267.47 bn USD7,027 USD29,231 USD
2012278.63 bn USD7,320 USD28,174 USD
2013297.65 bn USD7,825 USD29,981 USD
2014271.69 bn USD7,148 USD30,648 USD
2015240.28 bn USD6,325 USD25,918 USD
2016253.50 bn USD6,676 USD26,261 USD
2017272.40 bn USD7,173 USD27,024 USD
2018284.37 bn USD7,488 USD28,448 USD
2019275.05 bn USD7,245 USD27,168 USD
2020334.81 bn USD8,834 USD30,783 USD
2021362.89 bn USD9,614 USD33,695 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Poland       European Union

Budget deficit in Poland

household debts in PolandThe 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 insurance, 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. If it is less, it is called a deficit.

The budget deficit in Poland in the period between 1998 and 2021 varied between 1.44 billion euros and 41.56 billion euros. In 2021, Poland reached a balance of -13 billion euros.

In ratio to population, this equals a new indebtedness of 336 euros per capita in Poland in 2021. For comparison, the average debt per capita in the European Union in the same year was 1,787 euros.

Budget deficit of the past 23 years

YearPoland totalPoland per capitaEU per capita
1998-7.29 bn USD-189 USD-398 USD
1999-3.88 bn USD-100 USD-204 USD
2000-5.19 bn USD-136 USD112 USD
2001-10.02 bn USD-262 USD-299 USD
2002-9.88 bn USD-259 USD-565 USD
2003-13.42 bn USD-351 USD-840 USD
2004-12.93 bn USD-339 USD-920 USD
2005-12.14 bn USD-318 USD-822 USD
2006-12.27 bn USD-322 USD-568 USD
2007-7.97 bn USD-209 USD-360 USD
2008-19.41 bn USD-509 USD-1,085 USD
2009-32.07 bn USD-841 USD-2,021 USD
2010-35.54 bn USD-934 USD-1,970 USD
2011-26.27 bn USD-690 USD-1,462 USD
2012-18.89 bn USD-496 USD-1,220 USD
2013-22.01 bn USD-579 USD-1,027 USD
2014-19.81 bn USD-521 USD-852 USD
2015-12.40 bn USD-326 USD-577 USD
2016-11.28 bn USD-297 USD-423 USD
2017-7.85 bn USD-207 USD-263 USD
2018-1.44 bn USD-38 USD-139 USD
2019-4.40 bn USD-116 USD-197 USD
2020-41.56 bn USD-1,097 USD-2,312 USD
2021-12.70 bn USD-336 USD-1,787 USD

(negative numbers = deficit)
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