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 (2017): Germany, China, and Italy
Top 3 Exported Goods (2017): Industrial Machinery, Motor Vehicles & Parts, and Electrical Machinery

Top Industries Source: CIA World Factbook

Machine Building; Iron and Steel; Coal Mining; Chemicals

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $1,136,347,664,117 (2017)
GDP Growth Rate (annual %) 4.806% (2017)
GDP Per Capita, PPP (current international) $29,924 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 21/195 (2017)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 2.076% (2017)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 40.7% (2018)
Real Interest Rate (5 year average %) 3.318% (2016)
Manufacturing, value added (% of GDP) 17.589% (2017)
Current Account Balance (BoP, current US$) $602,000,000 (2017)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 18,344,588 (2018)
Employment in Agriculture (% of total employment) 10.134% (2018)
Employment in Industry (% of total employment) 31.5% (2018)
Employment in Services (% of total employment) 58.366% (2018)
Unemployment Rate 3.673% (2018)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $264,643,830,902 (2017)
Exports of goods and services (current US$) $285,818,884,506 (2017)
Total Merchandise Trade (% of GDP) 88.928% (2017)
FDI, net inflows (BoP, current US$) $10,673,000,000 (2017)
Commercial Service Exports (current US$) $58,738,000,000 (2017)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank