Browse a full set of economic indicators

Poland

Includes historical data for Poland’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

Economy Benefits From Business-Friendly Policies

With a population of approximately 37 million, Poland benefits from its strategic proximity to Western European markets, a diverse economy, and an educated and cost-effective labor force. The Polish government advocates for open-market policies and has made significant progress in digitalizing administrative processes, streamlining business start-up procedures, and attracting foreign capital.

Nevertheless, there are challenges. Structural unemployment, the emigration of a considerable number of skilled workers to other EU countries, and low investment in innovation and research contribute to a developmental gap when compared to some neighboring countries. A polarized political environment, weaknesses in the legal and regulatory framework, and the influx of a large number of refugees, particularly from Ukraine, pose additional concerns.

Macroeconomy & Sovereign Data

Type of Government Parliamentary republic
Capital Warsaw
Sovereign Ratings S&P: A–
Moody’s: A2
Fitch: A–
Total Population 36.7 million
Median Age 40.9
Adult Per Capita Income (PPP) 44,477.83
Total GDP (2023) 844.6 billion

Poland GDP & Economic Overview

Most Recent Content

Poland

Banking & Finance

Trade & Investment

Total Exports USD 417.7 billion (2023)
Leading Exports Cars And Vehicle Parts
Seats
Furniture
Electric Batteries
Computers
Total Imports USD 343.8 billion (2022)
Leading Imports Cars And Vehicle Parts
Crude Petroleum
Packaged Medicines
Broadcasting Equipment
Office Machinery/Parts
Source: World Integrated Trade Solution

Poland Leading Companies

PKO Bank Polski Financials
Grupa PZU Financials
Bank Pekao Financials
ORLEN Group Oil, Gas & Consumable Fuels
PKN Orlen Oil, Gas & Consumable Fuels
KGHM Polska Miedz Metals & Mining
PGE Polska Grupa Energetyczna Electric Utilities

Major Trade Partners — Import

Germany 21%
China 15%
Russia 6%
Italy 5%
Netherlands 4%

Source: World Integrated Trade Solution

Major Trade Partners — Export

Germany 29%
Czech Republic 6%
France 6%
United Kingdom 5%
Italy 4%

Source: World Integrated Trade Solution


Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings

Moody’s

Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000

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