Minister of Finance and Economy Andrzej Domański took part in the Freedom Games in Łódź on Saturday, giving an introductory lecture to the debate on Polonization and investing in the Polish economy.
“I am absolutely convinced that 2025 is a special year from the point of view of the Polish economy, in which Poland crosses symbolic borders. We are entering the group of the 20 largest economies in the world, overtaking Switzerland. In 1989, our country ranked 35th in terms of the size of the economy with a nominal GDP of just under USD 67 billion. According to the latest forecasts of the International Monetary Fund, our GDP will exceed one trillion dollars this year Poland is now ahead of Switzerland and we are chasing Saudi Arabia and the Netherlands” – said Andrzej Domański.
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According to the minister, “throwing off the yoke of communism led to a free market eruption.” He pointed out that it was possible to build a strong, highly diversified Polish economy. He emphasized that we do not have one national champion, but we have several strong economic sectors and this makes us more resistant to external shocks.
Andrzej Domański recalled the words of Lech Wałęsa, who promised Poles a second Japan. “This is happening in 2025. According to IMF data, Poland will overtake Japan in terms of GDP per capita adjusted for price levels. – Andrzej Domański pointed out.
Andrzej Domański about the new stage of Poland's development
He warned, however, that the advantages on which the strength of the Polish economy was built are gradually exhausting, and in a world of growing geopolitical tensions, slowing globalization, and the enormous pace of technological transformation, maintaining the dynamics of development requires something more.
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“That's why we're talking about today a new stage of development, which is why we are also talking about the upcoming golden decade of the Polish economy. We are talking about reindustrialization, innovation, and productivity growth” – he enumerated.
OECD forecasts predict that in 2026 the Polish economy will be one of the fastest growing economies in Europe. The International Monetary Fund, in turn, predicts that by 2030 the economic growth rate in Poland will be twice as high as the EU average.
