Poland: Economy
Income Level (by per capita GNI) Source: The World Bank Possible values: High Income, Upper Middle Income, Lower Middle Income and Low Income |
High Income |
Level of Development
Source: United Nations Possible values: Developed, In Transition and Developing |
Developed |
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 (2021): Germany, China, and Italy |
Top Industries Source: CIA World Factbook | Machine Building; Iron and Steel; Coal Mining; Chemicals |
Gross Domestic Product (GDP) [1]
GDP, PPP (current international) | $1,625,235,688,247 (2022) |
GDP Growth Rate (annual %) | 4.874% (2022) |
GDP Per Capita, PPP (current international) | $43,269 (2022) |
GDP Country Rank 20/197 (2022)
Economic Indicators [1]
Inflation, consumer prices (annual %) | 14.429% (2022) |
External debt stocks, total (DOD, current US$) | Data unavailable |
Total tax rate (% of commercial profits) | 40.8% (2019) |
Real Interest Rate (5 year average %) | 3.318% (2016) |
Manufacturing, value added (% of GDP) | 17.695% (2022) |
Current Account Balance (BoP, current US$) | ($20,651,000,000) (2022) |
Labor and Employment [1]
Labor Force, Total | 18,585,470 (2022) |
Employment in Agriculture (% of total employment) | 8.399% (2021) |
Employment in Industry (% of total employment) | 30.934% (2021) |
Employment in Services (% of total employment) | 60.667% (2021) |
Unemployment Rate | 2.602% (2022) |
Trade [1]
Imports of goods and services (current US$) | $417,072,183,141 (2022) |
Exports of goods and services (current US$) | $424,730,740,974 (2022) |
Total Merchandise Trade (% of GDP) | 107.782% (2022) |
FDI, net inflows (BoP, current US$) | $35,305,000,000 (2022) |
Commercial Service Exports (current US$) | $95,140,000,000 (2022) |
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.