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The economy of Poland is a high-income, industrialized, developed market with a mixed economy that serves as the sixth-largest in the European Union by nominal GDP and fifth-largest by GDP (PPP). Poland boasts the extensive public services characteristic of most developed economies.
The last 30 years have witnessed Poland's greatest economic success in the history of its independence. Between 1990 and 2018, the country's gross domestic product (GDP) grew nearly eightfold.
4 days ago · Before World War II, Poland was a free-market economy based largely upon agriculture but with a few important centres of manufacturing and mining. After the initiation of communist rule in the 1940s, the country developed an increasingly industrial, state-run command economy based on the Soviet model.
Apr 19, 2024 · Economic Outlook. Economic growth is set to accelerate to 3% in 2024 and 3.4% in 2025, fueled by increased private consumption, as declining inflation and ongoing wage growth persist due to a tight labor market and a staged increase of the minimum wage in 2024.
Dec 13, 2023 · We forecast that economic growth in Poland will rebound in 2024, although a weak external sector will constrain the scale of the recovery. Read more: What to watch in 2024: Poland attempts to reinvent itself
May 15, 2024 · The latest macroeconomic forecast for Poland. After a sharp slowdown in 2023, economic growth is expected to rebound in 2024 supported by strong private, as well as public, consumption, while the trade balance is expected to hold back growth.
Poland's economy in numbers: Nominal GDP of USD 688 billion in 2022. GDP per capita of USD 18,269 compared to the global average of USD 10,589. Average real GDP growth of 3.5% over the last decade. Share of the region's population.
Feb 24, 2022 · Poland Insight provides comprehensive news and analysis of the economy in Poland. Stay up-to-date on the latest trends, developments, and insights from the industry.
Apr 18, 2024 · In 2009, amidst the global financial crisis, Poland was the only country in Europe to experience economic growth. GDP and GDP per capita in Poland are estimated to steadily increase through 2022.
The Gross Domestic Product (GDP) in Poland was worth 811.23 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Poland represents 0.77 percent of the world economy.
