Poland GDP Growth (1991-2023)
Poland’s economic transition from a centrally-planned to a market economy began in the early 1990s. After an initial contraction in 1991 of -, economic reforms spurred positive growth, peaking at in 1995 and 2007. Poland was one of the few countries in Europe to avoid recession during the 2009 financial crisis, maintaining growth. The COVID-19 pandemic caused a temporary dip of - in 2020, but the economy rebounded strongly, recording growth in 2021. By 2023, growth decelerated to amid inflation and slowing global demand.
For additional information, visit statistics on Poland’s shifting demographic age, Poland’s unemployment rate trends, Poland’s population growth trend.