Grant Thornton: Polish earnings to catch up EU average in 50 years

The level of the average Polish salary has been growing dynamically in recent years, thus it is making up for a large distance towards the richer countries of the European Union, according to the Grant Thornton report. If salaries in the EU would maintain their current dynamics, Poland in terms of earnings would be able to match the EU average in 50 years, the company estimates.
“In the last two years, Poland has managed to make up as much as 8 years of distance – in our previous study (based on data for 2014-2016) the expected date of catching up with the EU average was 2077. Even more, by as much as 20 years, the distance between Poland and Germany has been shortened. According to this year's survey, we will catch up with their average salary in 2057,” the release read.
If all EU countries are going to maintain their current wage growth dynamics, Poland would catch up with Portugal the fastest – it would happened in April 2027. Two years later, Polish earnings would be equal to Greek, and in 2032 – to Spanish.
(ISBnews)