Volume growth rate of real gross domestic product in Poland 2020-2024, by segments
Poland's seasonally unadjusted gross domestic product (GDP) in the second quarter of 2024 increased by 3.2 percent year-on-year. The highest gross added value occurred in the real estate industry, which was 7.3 percent higher than in the corresponding period of 2023.
The development of the Polish GDP
GDP is calculated from the sum of private and government consumption expenditure, investments and exports less imports. The Polish GDP recorded a remarkable increase between 1987 and 2029, with the forecasts for the period between 2023 and 2029 showing particularly high growth.
Poland's GDP in international comparison
Compared to other Central and Eastern European countries, Poland's GDP grew more than almost any other by the end of 2023, with only two countries having shown higher growth. A global comparison showed that Poland's GDP followed a similar growth pattern to global GDP. Specifically, this meant strong and relatively steady growth, with only slight interruptions during the 2009 financial crisis and the 2020 COVID-19 pandemic.
