Poland to gain ground on Germany in 2040 - report

Within 25 years, Poland may achieve GDP per capita accounting for 75-85 percent of the Germany's, according to a report compiled by consulting company Deloitte. The company reminded that Poland's cumulated GDP growth in years 1990-2014 has  stood at 238 percent and has been the highest among all post-Soviet countries as well as big EU economies. Currently, when it comes to the economic development, Poland is placed on 55 percent of Germany's level and at 70 percent of Spain's.  Our economy may nearly catch up Germany's GDP pp is certain conditions, like an increase of the volume of domestic savings and an increase of investment rate are met. Pension savings account for only 0.91 percent of the Polish GDP and the investment rate amounts to 18 percent, whereas it has to reach at least 23 percent, to improve the economic condition of the country, the report concluded.