Economy
16:53 18 November 2023
Post by: WBJ

It is very likely, that Poland to become the 20th-largest economy in the world

It is very likely, that Poland to become the 20th-largest economy in the world
Source: Photo by Krzysztof Kowalik on Unsplash

The IMF predicts that Poland's GDP will grow by 4.6 percent in 2023, which is significantly higher than the global average of 3.6 percent. This growth is being driven by several factors, including strong domestic demand, robust exports, and a favorable business environment. If Poland's GDP does reach $860 billion, it would be a major milestone for the country. It would show that Poland is a major player in the global economy and that it is well-positioned for continued growth in the years to come.

Poland's GDP per capita has grown significantly in recent decades. In 1989, it was only $10,400, but by 2022 it had reached almost $36,800. This growth is due to some factors, including economic reforms, EU membership, and strong economic growth.

(INTERIA

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