Monetary agregates & Divisia monetary indexes
The table presents reserve money of the central bank (M0) and money supply M1, M2 and M3 with a monthly frequency from December 1996. Starting from March 2002, broad money M3 became basic analytical and publication category of money supply in Poland. Moreover, narrow money M1 and intermediate money M2 are calculated.

Starting from end-July 2007 reporting period the methodology of compiling certain monetary aggregates - disseminated below in Excel files - has been changed. For the purposes of comparability historical data have been adjusted (time series subject to changes marked in red). Related detailed information is included in the PDF file attached.


On 23 October 2017 NBP published monetary aggregates for the reference periods June-September 2017 compiled based on the data collected in the new monetary statistics reporting system. The data for June-September 2017 were republished, i.e. they replaced the data published previously that were derived from the former reporting scheme. Time series up to May 2017 were derived from the former reporting scheme.

Dissemination of data for June-September 2017 collected in the new reporting system for monetary statistics


Divisia monetary indexes

The table presents Divisia index for M1, M2 and M3. Data are available quarterly and monthly from December 1996.

NOTE! Starting from dissemination of end-March 2010 data, Narodowy Bank Polski introduces changes in its Website statistical presentation Assets and liabilities of monetary financial institutions. The data in new structure are available from March 2002. As less informational items with minor economic vale were deleted, the methodology of compiling Divisia indexes was changed. Related detailed information is included in the PDF file attached.

The file is updated every quarter.


  1. Divisia money - XLSX file; (166 kB)

  2. Divisia monetary indexes - PDF file; (32 kB)

NBP interest rates

Reference rate 1.50
Lombard rate 2.50
Deposit rate 0.50
Rediscount rate 1.75

Exchange rates

Table of 2019-09-20
1 EUR4.3438
1 USD3.9319
1 CHF3.9668
1 GBP4.9277
100 JPY3.6424

Economic outlook

Monthly data

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