The inflow of capital from foreign direct investment into Poland in 2022 amounted to PLN 140.3 billion. According to the National Bank of Poland (NBP), this is almost a quarter more than last year. Polish direct investment abroad last year was nearly one and a half times higher than in 2021 and amounted to PLN 28.2 billion.

“The upward trend of direct investment flows in Poland continued in 2022. Compared to 2021, their volume increased by nearly a quarter, and compared to the pre-pandemic period, investment inflows were more than doubled. The capital inflow from foreign direct investment in 2022 amounted to PLN 140.3 billion”, says NBP.

The dominant item in the capital inflow was, as in previous years, reinvested profits (PLN 75.8 billion). The balance of transactions also increased as a result of transactions related to debt instruments (PLN 35.7 billion) and as a result of the acquisition of equity interests and capital injections (PLN 28.8 billion).

The NBP reports that companies with foreign capital achieved very good financial results in 2022, making reinvested profits more important than the transfer of new capital from abroad. As a result, flows originated from countries with the highest capital exposure in Poland. These countries were the Netherlands (net transactions of PLN 28.4 billion), Luxembourg (PLN 28.3 billion) and Germany (PLN 23.4 billion).

The transaction balance of Polish direct investment abroad in 2022 was nearly one and a half times higher than in 2021 and amounted to PLN 28.2 billion.

The highest positive transaction balances of Polish direct investors abroad were recorded for Norway (PLN 13 billion), the Czech Republic (PLN 4.0 billion), Germany, Hungary and Luxembourg (PLN 1.8 billion each). A marked decrease in the balance occurred in the case of the Russian Federation (PLN -1.3 billion). It was a consequence of Polish entities leaving that market due to Russia’s attack on Ukraine and the sanctions imposed on that country.

Arkadiusz Słomczyński