The balance of transactions from Polish direct investments abroad in 2021 was more than twice as large as in 2020, amounting to PLN 7.0 billion. According to the National Bank of Poland (NBP) in its report “Foreign direct investments in Poland and Polish direct investments abroad in 2021”, the largest share in the structure of transactions was accounted for by flows related to reinvested profits.

The highest positive balances of Polish direct investors’ transactions abroad were recorded for Norway (PLN 3.4 billion), mainly as a result of reinvested profits, Sweden (PLN 2.3 billion), as a result of debt repayment, and Liechtenstein (PLN 2.2 billion). Lower balances were found for Lithuania (PLN 1.3 billion) and the Czech Republic (PLN 1.2 billion).

Among the countries with the highest positive receivables in 2021, high positions were taken by Luxembourg, Cyprus and the Netherlands.

Polish direct investment abroad controlled by residents at the end of 2021 amounted to PLN 78.3 billion and accounted for 70% of the value of Polish direct investment abroad. Of that amount, PLN 15.6 billion were investments located in Poland. In 2021, residents’ income from foreign investments reached its highest level: PLN 13.9 billion. Their volume was influenced by the rebound after the pandemic in 2020 and, consequently, the improvement in the global economic situation. The volume of this income was more than 160% higher than in the previous year.

Capital inflows from foreign direct investment in 2021 amounted to PLN 114.2 billion.

“If we consider the country of origin of the dominant entity in the capital group, Germany remained the largest direct investor in Poland in 2021. The balance of their foreign investment receivables in Poland amounted to PLN 209.5 billion at the end of the analysed year. France was next (PLN 107.1 billion), followed by the Netherlands (PLN 103.1 billion).

Adrian Andrzejewski