The figure indicates that the Polish economy almost fully utilises its available labour resources.
GDP
Poland records EU’s fastest GDP growth
“We are better than all the big EU countries, and we beat the Germans by a long shot,” declared Prime Minister Donald Tusk.
We can only do this thanks to your support!
We are an independent, nonprofit media outlet, funded through the support of our readers.
If you appreciate the work we do, please consider helping us to continue and expand it.
Poles 40% richer than they would be without EU membership, finds report
Among the eight eastern member states that joined in 2004, only Lithuania (60.3%) was found to have had a bigger premium.
Poland’s economic growth slowed sharply to 0.2% in 2023
It was Poland’s lowest GDP growth since the early 1990s, apart from the pandemic-induced drop in 2020.
Polish central bank surprises market with larger-than-expected interest rate cut
The interest rate cut, from 6.75% to 6%, is Poland’s first in three and a half years.
Poland overtakes Spain on EU household wealth index
In terms of actual individual consumption (AIC) taking account of price differences, Poland has overtaken Spain and almost caught up with Ireland.
Poland recorded EU’s biggest GDP fall in fourth quarter of 2022
Poland’s seasonally adjusted GDP in Q4 of 2022 fell by 2.4% from the previous quarter, compared to a drop of 0.1% for the EU as a whole.
Integration of Ukrainians can boost Poland’s GDP up to 3.5%, finds Deloitte report
But Poland must support the learning of Polish, ensure access to the housing market, and help refugees find work matching their skills and qualifications.
Reconstruction of Ukraine can bring Poland 190 billion zloty
“Polish institutions and companies can share their experience with Ukraine,” writes Pekao bank.
Inflation unexpectedly rises further in Poland to new 25-year high of 16.1%
“Ouch,” said analysts at mBank, commenting on inflation figures that exceeded most forecasts.
Poland’s GDP growth slows in second quarter of 2022
On a quarterly basis, the Polish economy shrank in the second quarter by 2.3%.
Poland to raise defence spending to 5% of GDP, highest level in NATO, says ruling party chief
“We must be a cohesive, armed and brave nation,” said Jarosław Kaczyński.
Poland wealthier than Portugal for the first time, show EU data
Poland has overtaken Portugal on Eurostat’s measure of GDP per capita taking account of purchasing power standards.
Poland forecast to have EU’s highest inflation this year
But it will also have the EU’s joint third highest GDP growth, according to new forecasts from the European Commission.
