GDP growth (annual %) World Bank national accounts data, and OECD National Accounts data files. The Polish economy is the sixth-largest in the EU and one of the fastest-growing economies in Europe, with a yearly growth rate of over 3.0% between 1991 and 2019. It might be hard to picture now. Then you can access your favorite statistics via the star in the header. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. Net external demand contributed positively to the GDP as imports fell more than exports. Direct access to our calendar releases and historical data. and over 1 Mio. Central Statistical Office of Poland (GUS), Poland Inflation Rate Edges Down to 3% in November, Poland Factory Growth Steady in November: PMI, Polish October Jobless Rate Steady at Near 1-1/2-Year High, Poland Retail Sales Fall More than Expected, Poland Producer Prices Fall Less than Expected in October, Poland Industrial Output Growth Slows in October, Polish Corporate Wage Growth Slows in October, Polish Employment Falls Less than Expected, Oil Prices Slide on Friday, Book Weekly Gain, US Stocks Book Weekly Loss, S&P Links Third Fall, Senegal November Inflation Rate at 5-Month Low, Spanish Shares End Lower, Fall 3.1% on the Week, French Shares Finish in the Red, Fall 1.8% on the Week. Bratislava, Slovakia – According to the latest OECD Economic Outlook, released earlier this month, Slovakia is set to become the fastest growing developed economy in the world in 2019 and 2020. Online tool for visualization and analysis. 1961 - 2019 Risks to this outlook are broadly balanced and mainly related to external demand and private investment trends. Poland: GDP falls at slower rate in third quarter amid lifting of Covid-19 restrictions November 13, 2020 According to a preliminary estimate, the economy contracted at a milder pace in the third quarter, with GDP decreasing 1.6% on an annual basis following Q2’s record-breaking 8.4% slump. Warsaw, Poland – The European economy is slowing down, but Visegrad Group countries are still among the fastest-growing economies and main drivers of robust growth in the EU. Looking at the numbers, there isn’t much question that the transformation that began in 1989 — when Poland became the first country in the world to ditch communism to recreate a market economy — has been the best time in the country’s 1,000-year history. Inflation, and especially the dynamics of energy and service prices, decreased at the end of 2018. GDP (Nominal), GDP (PPP), GDP (Nominal) per capita, GDP (PPP) per capita, GDP Growth and rank in 2019. After the initiation of communist rule in the 1940s, the country developed an increasingly industrial, state-run command economy based on the Soviet model. Register in seconds and access exclusive features. Annual percentage growth rate of GDP at market prices based on constant local currency. Poland joined NATO in 1999 and the EU in 2004. Please create an employee account to be able to mark statistics as favorites. Poland's economy has been battered by the Covid-19 and the introduction of government measures to prevent the consequences of the pandemic. Overall, real GDP growth is expected to gradually slow to 3.5% in 2019 and 3.2% in 2020. Data source is International Monetary Fund World Economic Outlook (October-2018). If the forecast proves accurate, Poland will be the second-fastest expanding economy in the EU, alongside Hungary, whose GDP is also expected to grow 4.4 percent in 2019. Poland GDP (Gross Domestic Product) was INT$1,089.11billion for 2019 in PPP terms. The report suggests that, without Ukrainian workers, Poland’s labour market would have shrunk in this period, restricting economic growth. This feature is limited to our corporate solutions. "Poland: Growth Rate of Real Gross Domestic Product (Gdp) from 2009 to 2021 (Compared to The Previous Year). GDP growth (annual %) - Poland from The World Bank: Data. Corporate solution including all features. Free elections in 1989 and 1990 won Solidarity control of the parliament and the presidency, bringing the communist era to a close. Ukrainian migrant workers have created 11% of Poland’s GDP growth since 2014, according to a new report by analysts from the National Bank of Poland. Directly accessible data for 170 industries from 50 countries CSV XML EXCEL. Share Details. Poles have seen an increase in revenues, boosted employment and wages, and increased revenue in the country’s pay-as-you-go pension system. Statista. (November 13, 2020). Gross domestic product rose 0.6% from the previous three-month period, compared with a 0.4% estimate from analysts in a Bloomberg survey. In 2019, the growth in real gross domestic product (GDP) in Poland was up 4.1 percent from the year before, continuing a trend of positive growth in GDP. ", IMF, Poland: Growth rate of real gross domestic product (GDP) from 2009 to 2021 (compared to the previous year) Statista, https://www.statista.com/statistics/376377/gross-domestic-product-gdp-growth-rate-in-poland/ (last visited December 12, 2020), Poland: Growth rate of real gross domestic product (GDP) from 2009 to 2021, GDP growth forecast: Eastern Europe, U.S., U.K. and Germany 2010-2024, Gross domestic product (GDP) growth rate in Poland 2021, Annual business confidence index for the industrial sector in EU 2008-2022, Annual business confidence index for the industrial sector Poland 2008-2022, Industry revenue of »manufacture of refined petroleum products« in Poland 2011-2023, Industry revenue of »manufacture of basic iron, steel, ferro-alloys« in Poland 2011-2023, Industry revenue of »processing and preserving of meat« in Poland 2011-2023, Industry revenue of »manufacture of machinery for mining, quarrying« in Poland 2011-2023, Industry revenue of »manufacture of soft drinks and bottled waters« in Poland 2011-2023, Annual business confidence index for the service sector Poland 2008-2022, Industry revenue of »management of real estate on a fee or contract basis« in Poland 2011-2023, Industry revenue of »rental and operating of own or leased real estate« in Poland 2011-2023, Advertising agencies revenue in Poland 2010-2022, Industry revenue of »business and other management consultancy activities« in Poland 2011-2023, Restaurants and mobile food service activities revenue in Poland 2010-2022, Annual business confidence index for the retail sector Poland 2008-2022, Industry revenue of »retail sale in non-specialised stores with food« in Poland 2011-2023, Industry revenue of »sale of cars and light motor vehicles« in Poland 2011-2023, Industry revenue of »retail sale of automotive fuel in specialised stores« in Poland 2011-2023, Industry revenue of »dispensing chemist in specialised stores« in Poland 2011-2023, Industry revenue of retail sale of clothing in specialised stores in Poland 2011-2023, Gross domestic product (GDP) growth rate in Lesotho 2021*, Gross domestic product (GDP) growth rate in Kyrgyz Republic 2025, GDP growth rate in Southeast Asia 2018, by country, Gross domestic product (GDP) growth rate in Mauritius 2021, Gross domestic product (GDP) growth rate in Antigua and Barbuda 2025, Gross domestic product (GDP) growth rate in Liechtenstein 2009, Gross domestic product (GDP) growth rate in Moldova 2021*, Gross domestic product (GDP) growth rate in Belize 2025, Gross domestic product (GDP) growth rate in Eritrea 2025, Poland: monthly CPI for food and non-alcoholic beverages 2017-2018, Creating a website or blog in Poland 2012-2016, Share of time spent gaming per day in Poland in 2012, by platform, Poland: consumer opinions on economic situation over the last 12 months in 2017-2018, Gross domestic product (GDP) growth rate in Russia 1st quarter 2020, IT-infrastructure outsourcing services market size in Europe 2016-2021, Industry revenue of »manufacture of ready-mixed concrete« in Greece 2011-2023, Steam and air conditioning supply revenue in Czechia 2014-2022, Portugal: number of employees in the civil engineering industry 2008-2015, Direct dyes: import value in the United Kingdom (UK) 2010-2019, Poland: Growth rate of real gross domestic product (GDP) from 2009 to 2021 (compared to the previous year), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. 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