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The economy of Poland is an industrialised, mixed economy with a developed market 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.
- 38,179,800 (31 March 2021)
- Calendar year
- Złoty (PLN, zł)
Key Economic Indicators. Monthly consumer price index in Poland 2018-2024. Wages & Salaries. Average monthly gross wages in national economy in Poland 1995-2023. GDP in Poland 2011-2022....
Economy of Poland. 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 · Last Updated: Apr 19, 2024. Poland successfully managed its integration into the European Union since joining in 2004, and during the 2008-09 global financial crises it was the only member to experience growth. Poland is a high-income country with a large and diversified domestic economy.
Overview. Prior to the onset of the Covid-19 pandemic, Poland experienced a decade of strong economic growth. From 2010 to 2019, Poland’s gross domestic product (GDP) increased by 38% and its economic growth rate was 4.7% in 2019, significantly higher than the European Union (EU) average of 1.5%.
May 2, 2024 · Economic Policy Reforms: Going for Growth 2023 - Poland. © r.classen/Shutterstock.com. Read full country note.
The economy expanded strongly in the first quarter of 2022 with industrial production and retail sales growing at a solid pace, accompanied by robust wage growth and low unemployment. High energy and food price growth and supply chain disruptions persisted into 2022, exacerbated by the war in Ukraine.
