19:55 4 September 2019
Report: Poland may catch up with German economy in 21 years
Polish GDP per capita is expected to be the same as in the so-called old fifteen European countries in 14 years, and the country may catch up with Germany in 21 years, assuming that Polish economy growth stays at the current level, a report prepared for the economic forum in Krynica-Zdrój revealed.
Professor Hanna Godlewska-Majkowska said that in the years 1990-2018 Poland was the leader of economic growth in Central and Eastern Europe. The average growth rate per year was 3.2 percent. This is about three times higher than in EU-15. Majkowska, however, warned that in the future problems with labor supply, i.e. the lack of employees on the market, may slow down the growth in Poland.
