Poland was among seven EU member states with the lowest general government deficit in 2021, the Ministry of Finance said on Friday quoting European data.
According to Eurostat, the EU’s statistics agency, Poland recorded a general government deficit of 1.8 per cent of its gross domestic product (GDP) in 2021.
“It is much below the EU average for the 27 member states (4.6 per cent of GDP),” the ministry said on Twitter.
Deficyt sektora GG 1,8% #PKB oznacza poprawę o ok. 5,1 p.p. w stosunku do 2020 r.
To drugi wynik w #UE po Litwie (o 6,0 p.p. PKB). Poprawa była aż o 3 p.p. PKB większa niż średni poziom dla krajów UE (2,1 p.p). @EU_Eurostat pic.twitter.com/9qtIoNNvf7— Ministerstwo Finansów (@MF_GOV_PL) October 21, 2022
Only seven EU countries enjoyed a general government deficit lower than 2 per cent of their GDP, the ministry added.
Poland’s general government debt went down by 3.4 percentage points in 2021 and reached 53.8 per cent of the country’s GDP, the ministry also said.
The average general government debt among EU member states was 87.9 per cent of GDP.