Poland: Economy

Economic Trivia

Poland is the only European economy to have avoided the late-2000s recession, avoiding a decline in GDP.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): Germany, Russia, and China
Top 3 Exported Goods (2014): Industrial Machinery, Electrical Machinery, and Motor Vehicles & Parts

Top Industries Source: CIA World Factbook

Machine Building; Iron and Steel; Coal Mining; Chemicals

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $960,235,425,940 (2014)
GDP Growth Rate (annual %) 3.334% (2014)
GDP Per Capita, PPP (current international) $25,262 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 22/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 0.107% (2014)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 40.3% (2015)
Real Interest Rate (5 year average %) 3.58% (2006)
Manufacturing, value added (% of GDP) 18.386% (2014)
Current Account Balance (BoP, current US$) ($11,124,000,000) (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 18,280,161 (2014)
Employment in Agriculture (% of total employment) 11.2% (2014)
Employment in Industry (% of total employment) 30.8% (2014)
Employment in Services (% of total employment) 57.9% (2014)
Unemployment Rate 9.2% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $251,561,578,697 (2014)
Exports of goods and services (current US$) $258,563,639,246 (2014)
Total Merchandise Trade (% of GDP) 80.099% (2014)
FDI, net inflows (BoP, current US$) $17,275,000,000 (2014)
Commercial Service Exports (current US$) $48,108,000,000 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Poland’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary