The informal economy is believed to amount to hundreds of billions of zloty per year, with estimates of its size ranging from 9% to 30% of GDP.
economy
Poland’s manufacturing shows signs of recovery for first time in almost three years
Manufacturing PMI, a key gauge of industry activity, rose above 50 in February, its highest reading since April 2022.
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“Poland will be best place to live in Europe,” pledges prime minister
Mateusz Morawiecki also hailed the fact that already many Polish emigrants have chosen to return to their homeland.
Poland posts record GDP growth amid strong pandemic recovery
Poland recorded a GDP growth of 10.7% year-on-year in the second quarter.
Deputy PM criticises government tax reform for “hitting millions of hard-working Poles”
The prime minister says Poland will reach a “European standard of living” with the reforms.
Polish banks record annual loss for first time in almost three decades
The profitability of Polish banks was among the lowest in the EU.
Poland can reach EU average wealth and become net budget payer within decade, pledges PiS
The prime minister and ruling party chairman say that a new government economic programme will help Poland catch up.
Polish government unveils increased social spending and tax reform in pandemic recovery plan
The plan includes more subsidies for parents and support for aspiring homeowners, but also a greater tax burden on higher earners.
Why is Poland’s economy emerging so strongly from the pandemic? A comparison with the UK
Paweł Bukowski and Wojtek Paczos
The type of lockdown matters, but Poland has also had some luck.
Bankruptcies reach highest ever level in Poland in first quarter of 2021
Analysts warn that figures will rise further yet when state aid dries up.
Inflation unexpectedly jumps in Poland, as businesses raise prices following lockdown
Costs are pushed up by domestic holiday-goers and “coronavirus” fees on services.
Foreign investments into Poland rise despite global drop during pandemic
Poland draws most foreign investors to real estate – and increasingly also to renewable energy.
World Bank: Polish economy more resistant to virus than others in region and could even benefit
“In the medium term, Poland may benefit from reshuffles within global supply chains.”
Poland could be among Europe’s biggest beneficiaries of post-pandemic production shift from China: report
Poland could gain over $8 billion annually as global value chains shift away from China.
