In 2019, the growth in real gross domestic product (GDP) in Poland was up 4.1 percent from the year before, continuing a trend of positive growth in GDP. Poland gdp growth rate for 2016 was 3.06%, a 0.78% decline from 2015. The … Poland gdp growth rate for 2018 was 5.35%, a 0.41% increase from 2017. As impressive as Poland’s ongoing GDP growth performance is — reaching 5% in 2018 and a projected 3.5-4% growth in 2019 and 2020 — Poland’s continued catch-up with the West will need to be supported by an upgraded growth model, which I call the “Warsaw Consensus.” If the policies of the Warsaw Consensus were implemented, Poland ought to be able to grow at more than 3% per year and catch up with the West within the life of the next generation. Poland - GDP GDP falls at slower rate in third quarter amid lifting of Covid-19 restrictions According to a preliminary estimate, the economy contracted at a milder pace in the third quarter, with GDP decreasing 1.6% on an annual basis following Q2’s record-breaking 8.4% slump. WARSAW (Reuters) - Poland will return to economic growth in 2021, around 4.0%-4.5%, Finance Minister Tadeusz Koscinski said on Thursday. Between 2008 and 2011, the country enjoyed a cumulative growth of nearly 16 per cent, while, according to the European Commission, the region’s GDP is due to increase by over 1.4 per cent in 2014 and 2 per cent in 2015. Poland’s gross domestic product (GDP) growth slowed in the third quarter, statistics office data showed, missing analysts’ estimates as weaker growth in construction and industry offset continuous strong domestic consumer demand. That means an expected economic growth in Poland of 2.5 per cent and 2.9 per cent over the next two years. Poland’s economy expanded 3.2% year-on-year in the fourth quarter of 2019, revised from a preliminary reading of 3.1% and easing from a 3.9% expansion in the previous period, the Warsaw-based Central Statistical Office (GUS) says. Since 1990 Poland has pursued a policy of economic liberalization and its economy was the only one in the EU to avoid a recession through the 2007-2008 economic downturn. Compared to the same quarter last year, Hungary takes the top spot as the fastest-growing economy in the bloc (+4.8%), followed by Poland (+4%), Bulgaria (+3.7%), Lithuania (+3.6%) and Romania (+3.2%). The Great Depression of the early 20th century worsened the already deplorable economic situation in the country. The sixth-largest European economy was the only country in the EU not to fall into recession at the height of the global financial crisis in 2009 and the only member to experience economic growth in 2010. Polish Jews were particularly poor, and many were no… Over two decades, Poland experienced the most stable high growth in the EU with an average rate of 3.7 percent a year, earning it the nickname … A 2019 report by the Warsaw School of Economics (SGH) argued that if Poland maintained the economic growth rate it had from 1990 to 2018, it would catch up with Germany in 21 years. The country’s economy has been already labelled a miracle. About 70% of Poland’s population was farmers during this period, many of whom were small-scale subsistence farmers. On a quarterly basis, Poland's GDP grew by 7.9 percent, partially recovering from a 9.0 percent contraction in the previous period. GDP Growth Rate in Poland averaged 0.97 percent from 1995 until 2020, reaching an all time high of 7.70 percent in the third quarter of 2020 and a record low of -8.90 percent in the second quarter of 2020. 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