4:34 26 September 2025
EBRD raises Poland forecast
The European Bank for Reconstruction and Development (EBRD) has raised its 2025 growth forecast for Poland’s economy to 3.5% from 3.3% projected in May. The revision reflects stronger public investment, easing inflation and higher wages. Growth in 2026 is expected to slow slightly to 3.4%.
The outlook, published in the EBRD’s Regional Economic Prospects report, highlights momentum from large-scale infrastructure projects, including energy transition, transport and defence. However, private investment remains uneven, weighed by global trade tensions, high borrowing costs and indirect effects of U.S. import tariffs on Germany, Poland’s key export market.
The Bank warns that geopolitical uncertainty and weaker demand among trading partners could threaten growth. Even so, Poland is set to outperform Central Europe and the Baltic states, forecast to expand by 2.4% in 2025. Since 1991, the EBRD has invested more than €16 billion in 577 projects in Poland.
