The Polish economy is accelerating. Foreign media impressed. There's a catch


“Poland: a crazy start” – this is the loose translation of the title on the cover of the French weekly “L'Express”. The weekly published a report titled: “Poland, the secrets of the 'miracle': how the country is one step away from overtaking Japan.”
As noted by “Rzeczpospolita”, the term “crazy start” well reflects both the potential and the challenges Poland is currently facing.
Polish economic “miracle”.
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The latest issue of the French weekly “L'Express” devoted a cover story to Poland entitled, loosely translated, “Poland: a crazy start”. The weekly notes, among other things, that we are getting closer to overtaking Japan. According to IMF forecasts, in 2026 Poland will overtake Japan in terms of GDP per capita.
This is another publication of this type about Poland – previously, a similar distinction appeared in the British “The Economist”.
The change is impressive – in 1989, Poland was one of the poorest countries in Europe. Poland's economic growth is currently among the highest in the European Union.
Polish economy. What can be seen in the Central Statistical Office data on GDP?
According to preliminary data published on Friday by the Central Statistical Office the increase in Polish GDP in 2025 was 3.6%. This means a clear acceleration from 3%. recorded in 2024. For comparison, in 2023, affected by high interest rates and inflation, our GDP grew by only 0.3%.
Private consumption and investment remain the main drivers of growth:
— consumption increased by 3.7%. year on year (compared to 2.9% a year earlier);
— investments increased by 4.2%, while in the previous year they decreased by 0.9%.
Polish economy “on steroids”
The Central Statistical Office data published on Friday confirm that the Polish economy maintains high dynamics. However, the key question concerns the durability of this growth, especially in the context of the growing public finance deficit.
See also: The Polish economy is ahead of Europe. This is how it will grow in 2026
For the second year in a row, the deficit exceeds 6%. GDP. Maintaining this level in the long term is impossible, and economic growth and increased tax revenues alone may not be enough to reduce it. Reducing spending or increasing taxes are politically unpopular solutions, although they could prove necessary in the long term.
Currently, the Polish economy is benefiting from the effect of high public expenditure financed by credit and funds from the National Reconstruction Plan (KPO), which, however, will run out in the future. The title “Poland: a crazy start” well reflects both the potential and the challenges Poland is currently facing, says “Rz”. “Poland's economic machine is running on steroids,” writes the daily.
Source: Rzeczpospolita, Business Insider Polska




