PIE: 2.5-fold increase in GDP over 30 years of Polish transformation
Poland’s GDP has increased more than 2.5 times and the value of the country’s exports has grown almost four times since the fall of communism 30 years ago, according to a report by the Polish Economic Institute (PIE). The average household income is now twice as high as in 1989 and the structure of the Polish economy has become similar to that of the Western European economies, the study said.
Today, every fourth Pole has a university degree and the growing expenses on infrastructure go hand in hand with greater care for the environment. While 30 years ago 25 percent of Poles worked in agriculture, today only ten percent do.
“Compared to the situation in June 1989, we can observe a number of qualitative changes that have occurred in all spheres of public life. From the economic point of view, the last thirty years have been the best time in the history of the Polish Republic,” PIE’s director Piotr Arak emphasized.
(PAP)
