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 -7.0%, economic reforms spurred positive growth, peaking at 7.1% in 1995 and 2007. Poland was one of the few countries in Europe to avoid recession during the 2009 financial crisis, maintaining 2.8% growth. The COVID-19 pandemic caused a temporary dip of -2.0% in 2020, but the economy rebounded strongly, recording 6.9% growth in 2021. By 2023, growth decelerated to 0.2% 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.
