It can be seen that the mortgage interest rate in Poland increased overall during the period under observation, reaching a value of 7.2 percent as of the fourth quarter of 2023. Demand for mortgage loans in Poland      Despite the tightening of credit policy by banks, the demand for mortgage loans is not decreasing. The residential market has also seen increases both in sales and in the construction of new premises. The increase in salaries combined with the decrease in the mortgage loan cost results in Poles having no problems buying apartments despite high prices. Higher wages also affect their creditworthiness, which is essential when applying for a mortgage. The value of housing loans amounted to a record 442.7 billion zloty in 2019. Despite a decrease in 2017, the value of debt in 2019 increased by 6.6 percent compared to the previous year. The increase in wealth has also been reflected in the average value of mortgages. In 2021, Bank Millennium granted the largest number of mortgages to Poles, although Bank PKO BP was the leader in terms of value.   Demand for housing in Poland      Despite a growing number of flats, the prices are not falling, but on the contrary, they are continually rising. An increase in prices was recorded in every major city. The annual rise in prices in many cities went up between 12 and 14 percent. The most significant price increase on the primary market was recorded in Warsaw, while on the secondary market, Wroclaw prevailed. Nevertheless, Poles pay the most for a flat in the Polish capital Warsaw. In December 2023, the price per square meter of an apartment on the secondary market exceeded 17.5 thousand zloty, while the price per square meter on the primary market was close to 16.4 thousand zloty. However, the coronavirus (COVID-19) outbreak in Poland in March 2020 affected the investment plans in the real estate market. Both individual customers and developers recorded a significant decline in the number of construction projects commenced during this period.

The bank Santander offered one of the most attractive credit offers for purchasing real estate worth 400 thousand zloty with a 10 percent own contribution in Poland. As of April 2024, the monthly installment amounted to 2,715 zloty.

The period from March to August 2020 saw noticeably weaker demand for home loans in Poland. This state results from the outbreak of the coronavirus (COVID-19) pandemic in Poland in March 2020. Whereas, January 2025 saw a dynamic increase in mortgage demand, with a demand growth of 36 percent year-on-year. The highest decline in the demand for housing loans was recorded in August 2022 due to the high inflation. One of the main reasons for the decline in demand was also tightening and rising interest rates that reduced the creditworthiness of potential borrowers. Loan market in Poland In 2023, the net value of loans to households in Poland was 702 billion zloty, representing a decrease of two percent over the previous year. In this period, in terms of credit type, the highest value was achieved by real estate loans granted to households. Their value amounted to over 422 billion zloty, followed by consumer loans with a total value of nearly 175 billion zloty. Mortgage loans in Poland In 2023, there has been a continuing trend of decreasing the popularity of housing loans up to 100,000 zloty. A growing number of Poles have taken out loans of the value of over 500,000 zloty. And the average value of a mortgage loan in 2023 increased by 25 percent compared to the previous year and amounted to nearly 408,000 zloty. In this period, Poland’s number of active mortgage loans also decreased, reaching nearly 2.4 million.

The average value of all home loans granted in Poland in 2023 amounted to nearly 427,500 zloty.

Key information about Poland Bank Lending Rate

• Poland Bank Lending Rate was reported at 7.590 % pa in Jan 2025.
• This records a decrease from the previous number of 7.680 % pa for Dec 2024.
• Poland Bank Lending Rate data is updated monthly, averaging 5.810 % pa from Jan 2005 to Jan 2025, with 241 observations.
• The data reached an all-time high of 9.240 % pa in May 2023 and a record low of 1.980 % pa in Jan 2021.
• Poland Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

In 2021, Poland's number of active home loan contracts reached a record high of over 2.5 million. However, this figure decreased to roughly 2.3 million in 2023.

Poland - Housing cost overburden rate: Owner, no outstanding mortgage or housing loan was 5.20% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Poland - Housing cost overburden rate: Owner, no outstanding mortgage or housing loan - last updated from the EUROSTAT on March of 2025. Historically, Poland - Housing cost overburden rate: Owner, no outstanding mortgage or housing loan reached a record high of 8.60% in December of 2011 and a record low of 4.50% in December of 2020.

In 2024, housing loans worth a total of 87billion zloty were granted in Poland, an increase of 36 percent compared to the previous year.

The average value of mortgage loans granted in Poland fluctuated slightly, from approximately 35,700 euros in 2006 to approximately 82,600 euros in 2023. The highest average value was in 2023.

Poland PL: Composition & Asset Quality: NPL & Advances at Amortised Cost: ow Mortgages data was reported at 0.900 EUR bn in Sep 2024. This records an increase from the previous number of 0.800 EUR bn for Jun 2024. Poland PL: Composition & Asset Quality: NPL & Advances at Amortised Cost: ow Mortgages data is updated quarterly, averaging 1.000 EUR bn from Sep 2019 (Median) to Sep 2024, with 21 observations. The data reached an all-time high of 1.300 EUR bn in Dec 2023 and a record low of 0.800 EUR bn in Jun 2024. Poland PL: Composition & Asset Quality: NPL & Advances at Amortised Cost: ow Mortgages data remains active status in CEIC and is reported by European Banking Authority. The data is categorized under Global Database’s Poland – Table PL.EBA: Non Performing Loans Ratio: Loans and Advances.

Poland - Severe housing deprivation rate: Owner, with mortgage or loan was 2.70% in December of 2019, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Poland - Severe housing deprivation rate: Owner, with mortgage or loan - last updated from the EUROSTAT on March of 2025. Historically, Poland - Severe housing deprivation rate: Owner, with mortgage or loan reached a record high of 7.80% in December of 2007 and a record low of 2.50% in December of 2014.

Poland Insurance Companies: Assets: Investments: OF: Loans Guaranteed by Mortgages data was reported at 1,327,668.642 PLN th in Mar 2018. This records an increase from the previous number of 1,317,738.757 PLN th for Dec 2017. Poland Insurance Companies: Assets: Investments: OF: Loans Guaranteed by Mortgages data is updated quarterly, averaging 42,277.433 PLN th from Dec 2002 (Median) to Mar 2018, with 62 observations. The data reached an all-time high of 1,339,573.943 PLN th in Mar 2017 and a record low of 268.737 PLN th in Jun 2007. Poland Insurance Companies: Assets: Investments: OF: Loans Guaranteed by Mortgages data remains active status in CEIC and is reported by Polish Financial Supervision Authority. The data is categorized under Global Database’s Poland – Table PL.Z019: Polish Financial Supervision Authority: Insurance Companies: Financial Statistics.

The total amount of outstanding residential mortgage lending in Poland generally increased during the period under observation, reaching a value of over 113 billion euros as of the second quarter of 2024. The highest amount of outstanding residential mortgage lending during this period was found in the fourth quarter of 2021, when a value of over 111 billion euros of residential mortgage lending was recorded.

Poland Number of Securities: KDPW Stream: NDS: Debt: Mortgage Bonds data was reported at 49.000 Unit in Jun 2018. This stayed constant from the previous number of 49.000 Unit for May 2018. Poland Number of Securities: KDPW Stream: NDS: Debt: Mortgage Bonds data is updated monthly, averaging 27.000 Unit from Aug 2009 (Median) to Jun 2018, with 107 observations. The data reached an all-time high of 49.000 Unit in Jun 2018 and a record low of 16.000 Unit in Mar 2010. Poland Number of Securities: KDPW Stream: NDS: Debt: Mortgage Bonds data remains active status in CEIC and is reported by National Depository for Securities. The data is categorized under Global Database’s Poland – Table PL.Z013: National Depository for Securities: KDPW Stream: Securities.

The benchmark interest rate in Poland was last recorded at 5.75 percent. This dataset provides - Poland Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Since 2008, the annual average interest rate of new residential loans has decreased overall from a height of over eight percent to 4.1 percent in 2014. Between 2015 and 2018, the annual average interest rate on new residential loans in Poland stayed constant at 4.4 percent. In 2023, the interest rate grew to 8.32 percent.

Poland Securities Volume: KDPW Stream: NDS: Debt: Mortgage Bonds data was reported at 3,506,619.000 Unit in Jun 2018. This records a decrease from the previous number of 3,703,619.000 Unit for May 2018. Poland Securities Volume: KDPW Stream: NDS: Debt: Mortgage Bonds data is updated monthly, averaging 3,065,200.000 Unit from Aug 2009 (Median) to Jun 2018, with 107 observations. The data reached an all-time high of 4,483,260.000 Unit in Mar 2016 and a record low of 2,410,000.000 Unit in Dec 2010. Poland Securities Volume: KDPW Stream: NDS: Debt: Mortgage Bonds data remains active status in CEIC and is reported by National Depository for Securities. The data is categorized under Global Database’s Poland – Table PL.Z013: National Depository for Securities: KDPW Stream: Securities.

The total value of mortgage loans paid out through financial intermediaries in Poland decreased in the observed period, amounting to over 3.71 billion zloty. Expander Advisors paid out the highest value of loans.

Poland Securities: Capitalization: KDPW Stream: PLN: NDS: Debt: Mortgage Bonds data was reported at 10,476,141,440.000 PLN in Jun 2018. This records an increase from the previous number of 10,352,001,300.000 PLN for May 2018. Poland Securities: Capitalization: KDPW Stream: PLN: NDS: Debt: Mortgage Bonds data is updated monthly, averaging 3,331,427,150.000 PLN from Aug 2009 (Median) to Jun 2018, with 107 observations. The data reached an all-time high of 10,476,141,440.000 PLN in Jun 2018 and a record low of 2,410,000,000.000 PLN in Dec 2010. Poland Securities: Capitalization: KDPW Stream: PLN: NDS: Debt: Mortgage Bonds data remains active status in CEIC and is reported by National Depository for Securities. The data is categorized under Global Database’s Poland – Table PL.Z014: National Depository for Securities: KDPW Stream: Capitalization.

Mortgage credit, billion currency units in Pologne, décembre, 2024 Pour cet indicateur, National Bank of Poland fournit des données pour la Pologne de mars 2009 à décembre 2024. La valeur moyenne pour Pologne pendant cette période était de 381.02 billion Polish Zloty avec un minimum de 202.21 billion Polish Zloty en juillet 2009 et un maximum de 503.51 billion Polish Zloty en novembre 2021. | TheGlobalEconomy.com