FX.co ★ Poland’s Current Account Deficit Narrows in May, Signalling Softer External Imbalances

Poland’s current account deficit showed a notable improvement in May 2026, with the shortfall narrowing to EUR -1,071 million from EUR -1,541 million in April 2026. The latest figures, updated on 14 July 2026, point to a moderation in external imbalances during the month.

While the current account remained in negative territory, the reduced deficit suggests an easing of pressures on Poland’s external position compared with the previous month. The shift from April to May indicates relatively stronger net external inflows or a moderation in outflows, contributing to a less pronounced gap on the country’s balance of payments.

Investors and policymakers are likely to watch subsequent releases closely to see whether May’s narrower deficit marks the start of a more sustained trend toward external stabilization or a temporary adjustment within a still-challenging external environment.