Forsal.pl compares Polish and Czech economies

An analysis conducted and published by forsal.pl looked to compare the main economic figures between Poland and the Czech Republic. The results have shown higher economic growth overall in Poland but more fiscal discipline in the Czech Republic. Poland has higher and more consistent total GDP growth in the last ten years, while the Czechs enjoy higher GDP per capita (80 percent of EU average). Furthermore, the Czech Republic has a lower public debt compared to GDP (46 percent vs. 57 percent in 2013), a lower budget deficit (-1.5 percent vs. -4.3 percent) and lower unemployment (7 percent vs. 10.3 percent). Poland's minimum wage has risen to pass the minimum Czech salary (€392.73 vs. €318.08). In macroeconomics, Czech government 10-year bonds are enjoying a yield lower than 1 percent, whereas Polish bonds yield around 2.5 percent.