Polish economy becomes fourth fastest in Europe

The fourth quarter was theoretically weak for the Polish economy when compared with what happened before. However, when you consider a smaller number of working days, the situation looks much better. And when you compare it to Europe, it actually looks pretty good. Due to the lack of Ireland in the Eurostat ranking, we have even advanced in the European hierarchy.

Polish GDP growth amounted to 3.1 percent y/y in the fourth quarter of 2019. Our growth was the fourth highest in Europe, the Eurostat said.

Poland’s high position in the Eurostat ranking is all the more worth emphasizing that Germany has fallen very low to 0.5 percent increase y/y. The fastest economy in Europe is now Hungary (4.6 percent) followed by Romania (4.2 percent) and Lithuania (3.7 percent).

(Business Insider)