Poland

Price of Goods in US$, which in US would Cost $1 - Poland Compared to Continent

Footnote

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Albania	$0.53
Austria	$1.15
Belarus	$0.39
Belgium	$1.14
Bosnia & H.	$0.34
Bulgaria	$0.47
Croatia	$0.72
Cyprus	$0.84
Czech Rep.	$0.65
Denmark	$1.48
Estonia	$0.70
Finland	$1.18
France	$1.23
Germany	$1.20
Greece	$0.91
Hungary	$0.64
Iceland	$1.51
Ireland	$1.25
Italy	$1.09
Latvia	$0.66
Lithuania	$0.59
Luxembourg	$1.17
Macedonia	$0.43
Malta	$0.69
Moldova	$0.38
Netherlands	$1.19
Norway	$1.68
Poland	$0.65
Portugal	$0.87
Romania	$0.66
Russia	$0.64
Serbia	$0.74
Slovak Rep.	$0.66
Slovenia	$0.83
Spain	$1.08
Sweden	$1.28
Switzerland	$1.40
Turkey	$0.67
UK	$1.21
Ukraine	$0.33

 

 

Poland: Currency +/- valuation index

This is a cost of living indicator. The figure shows how much how much a bundle of goods and services costing US$1 in the US would cost in other countries (similar to The Economist's Big Mac Index).

To arrive at the figure, the Global Property Guide takes the difference between the IMF's nominal GDP figures, and their purchasing power parity GDP figures for the latest year available.

Note that currency undervaluation (as measured by PPP) is not a good predictor of future currency movements.

These cost of living indicators refer to data collected annually (for date of collection, see Data FAQ )

Source: calculated using figures from the IMF World Economic Outlook Database

 

Poland does not publish official house price statistics. The Central Statistical Office has a ‘house price’ index which is really a construction cost index. REAS Konsulting produces house price figures, but they are not publicly available. There are quite good mortgage interest rate statistics on the Central Bank web site

Poland’s general economics data are of poor quality. The GDP statistics available on the Central Statistical Office site tend to be old. However good general statistics in pdf format are available on the back pages of Macroscope, a publication of Bank Zachodni WBK.