In 2019, the growth in real gross domestic product (GDP) in Poland was up 4.75 percent from the year before. In 2018, Poland’s GDP reached over 587.43 billion U.S. dollars.
Poland’s economy seems stable
Just over half of the country’s GDP comes from its services sector , which includes a growing real estate industry. Interestingly, Poland is one of the few countries that didn’t experience a recession during the 2008 global financial crisis, and has experienced growth in GDP for the past 26 years. Its unemployment rate, which dropped dramatically to 3.67 percent in 2018, has consistently been lower than the EU average. As such, most of Poland’s potential work force is employed.
Poland’s population at work
Within Poland’s working population, most work in the services sector. A little over half of the population works in city centers; urbanization in Poland is about five percent more than the global average. Poland’s capital city of Warsaw has about 1.7 million residents.
Poland: Growth rate of real gross domestic product (GDP) from 2017 to 2027
(compared to the previous year)
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IMF. (April 19, 2022). Poland: Growth rate of real gross domestic product (GDP) from 2017 to 2027 (compared to the previous year) [Graph]. In Statista. Retrieved July 02, 2022, from https://www.statista.com/statistics/376377/gross-domestic-product-gdp-growth-rate-in-poland/
IMF. "Poland: Growth rate of real gross domestic product (GDP) from 2017 to 2027 (compared to the previous year)." Chart. April 19, 2022. Statista. Accessed July 02, 2022. https://www.statista.com/statistics/376377/gross-domestic-product-gdp-growth-rate-in-poland/
IMF. (2022). Poland: Growth rate of real gross domestic product (GDP) from 2017 to 2027 (compared to the previous year). Statista. Statista Inc.. Accessed: July 02, 2022. https://www.statista.com/statistics/376377/gross-domestic-product-gdp-growth-rate-in-poland/
IMF. "Poland: Growth Rate of Real Gross Domestic Product (Gdp) from 2017 to 2027 (Compared to The Previous Year)." Statista, Statista Inc., 19 Apr 2022, https://www.statista.com/statistics/376377/gross-domestic-product-gdp-growth-rate-in-poland/
IMF, Poland: Growth rate of real gross domestic product (GDP) from 2017 to 2027 (compared to the previous year) Statista, https://www.statista.com/statistics/376377/gross-domestic-product-gdp-growth-rate-in-poland/ (last visited July 02, 2022)