GDP growth to accelerate

GDP growth in 2025 will outpace last year’s 2.9%, according to Adam Glapiński, President of the National Bank of Poland (NBP) and Chairman of the Monetary Policy Council (MPC). Speaking at a press conference, he acknowledged ongoing economic uncertainty, citing a sharp drop in the PMI index over the past two months and weak industrial sentiment. “Entrepreneurs remain cautious and reluctant to invest,” Glapiński said. “Still, GDP is expected to grow faster than in 2024.”
He noted that the inflation risk stemming from current economic conditions remains moderate.
In its latest post-meeting statement, the NBP projected GDP growth within a 2.9–4.3% range for 2025, followed by 2.1–4.1% in 2026 and 1.3–3.7% in 2027, with a 50% probability. The forecast reflects both ongoing challenges and cautious optimism about Poland’s economic outlook.