Poland: fiscal help in response to the financial and COVID-19 crisis by country 2009-2020

With the spread of the coronavirus pandemic worldwide, governments of the G20 countries, as well as Poland, have taken many actions to support the economy due to the introduction of radical lockdown measures. Based on data from the beginning of April 2020, it can be concluded that the current scale of the fiscal response of the G20 and Polish governments to the COVID-19 pandemic crisis will be significantly higher than during the financial crisis of a decade ago. According to the source, the value of the announced packages already exceeds 4800 billion U.S dollars, and 13 out of twenty countries from the G20 and Poland have planned larger packages in relation to GDP than during the crisis in 2007-2009.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

Size of fiscal packages announced by G20 countries and Poland in response to the financial and COVID-19 crisis in 2009 and 2020, as a percentage of GDP

Characteristic	Financial crisis 2009	COVID-19 crisis 2020*
Japan	2.2%	19.5%
United States	5.9%	11%
Australia	1.8%	9.7%
Canada	2.8%	8.4%
Brazil	0.5%	6.5%
Poland	1%	6.2%
Germany	3.4%	4.9%
France	0.7%	4%
China	4.8%	3.8%
Saudi Arabia	9.4%	3.2%
Great Britain	1.5%	3%
Indonesia	2.5%	2.8%
Turkey	0%	2%
Russia	1.7%	1.5%
Italy	0.3%	1.4%
Argentina	1.3%	1.2%
India	0.5%	0.9%
Korea	2.7%	0.8%
Mexico	1%	0.7%
South Africa	2.6%	0.1%

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Release date

April 2020

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Region

Worldwide, Poland

Survey time period

March 2009 and April 2020

Supplementary notes

* The data does not include significant guarantee packages that governments have announced and started to implement with the support of banks and development funds, which are worth e.g., 4.5% of GDP in Poland, 14% of GDP in France, 15% of GDP in the UK and about 25% of GDP in Italy and Germany.

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