Poland: Gross domestic product (GDP) at current prices from 1984 to 2024
(in billion U.S. dollars)
Gross domestic product (GDP) in Poland 2024
Gross domestic product in Poland has been increasing since 2016 and is expected to reach approximately 643 billion U.S. dollars by 2020. Poland’s economy tripled in size during the early 2000s, before being hit by the global financial crisis. After several years of fluctuation, Poland’s GDP recently reached an all-time high of around 586 billion U.S. dollars in 2018.

Major changes in the nineties

Poland suffered an economic crisis during the late 1980s, with shortages of goods and a debt crisis among the reasons for a rising inflation rate. In the two years from 1988 to 1990, inflation increased from around 60 percent to almost 600 percent. However, Poland’s GDP began to grow during the 1990s, following the end of communist rule. Poland’s GDP per capita reflects this change, rising from around 1,600 U.S. dollars in 1990 to more than 4,300 U.S. dollars in 1999.

Improving rates of employment

Unemployment rates in Poland have steadily improved over recent years and in 2018 reached some of the lowest levels the country has reported in decades. Poland’s unemployment rate has been declining since 2013 and fell below four percent in 2018. Youth unemployment rates were especially affected following 2008, with the number of young people without jobs growing by roughly ten percent in just five years. By 2013, almost a third of those aged between 15 and 24 years were unemployed.
Poland: Gross domestic product (GDP) at current prices from 1984 to 2024
(in billion U.S. dollars)
GDP in billion U.S. dollars
2024*883.87
2023*816.27
2022*753.27
2021*695.19
2020*643.27
2019*593.3
2018586.02
2017526.59
2016471.84
2015477.57
2014545.28
2013524.4
2012 500.85
2011 528.57
2010 479.16
2009 440.14
2008 533.8
2007 429.47
2006 344.76
2005 306.15
2004 255.28
2003 217.51
2002 198.68
2001 190.43
2000 171.28
1999 167.8
1998 172.05
1997 157.18
1996 156.68
1995 139.09
1994 103.68
1993 90.37
1992 88.71
1991 80.45
1990 62.08
1989 66.9
1988 68.61
1987 63.71
1986 73.68
1985 70.78
1984 75.51
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Gross domestic product (GDP) in Poland 2024
Gross domestic product in Poland has been increasing since 2016 and is expected to reach approximately 643 billion U.S. dollars by 2020. Poland’s economy tripled in size during the early 2000s, before being hit by the global financial crisis. After several years of fluctuation, Poland’s GDP recently reached an all-time high of around 586 billion U.S. dollars in 2018.

Major changes in the nineties

Poland suffered an economic crisis during the late 1980s, with shortages of goods and a debt crisis among the reasons for a rising inflation rate. In the two years from 1988 to 1990, inflation increased from around 60 percent to almost 600 percent. However, Poland’s GDP began to grow during the 1990s, following the end of communist rule. Poland’s GDP per capita reflects this change, rising from around 1,600 U.S. dollars in 1990 to more than 4,300 U.S. dollars in 1999.

Improving rates of employment

Unemployment rates in Poland have steadily improved over recent years and in 2018 reached some of the lowest levels the country has reported in decades. Poland’s unemployment rate has been declining since 2013 and fell below four percent in 2018. Youth unemployment rates were especially affected following 2008, with the number of young people without jobs growing by roughly ten percent in just five years. By 2013, almost a third of those aged between 15 and 24 years were unemployed.
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