Poland's GDP changed from approximately $56B 731M in 1980 to $844B 623M in 2024, showing an overall 1388.8% sharply increased during the period.
The lowest GDP was recorded in 1981 at $53B 752M, and the highest in 2024 at $844B 623M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 6.3%.
For comparison, the average annual growth rate of Germany was 3.9%, and that of Czech Republic was 6.0%.
Overview of Poland's GDP (1980–2024)
The Gross Domestic Product (GDP) of Poland recorded a 1388.8% sharply increased from 1980 to 2024.
The average GDP during this period was $306B 850M, and the median was $199B 70M.
GDP fluctuated within a range of $790B 871M, with a standard deviation of $236B 368M.
The average annual change was $17B 137M.
Highest and Lowest GDP Records
- Lowest GDP: 1981, $53B 752M
- Highest GDP: 2024, $844B 623M
- Most Recent GDP: 2024, $844B 623M
Notable Annual GDP Changes
- 2023: Significant increase in GDP
- 2009: Noticeable drop in GDP
Overall pattern: overall increase with some decline
Global Economic Events and Poland's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $595B 968M → $599B 458M
- Outcome: remained stable
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $429B 21M → $439B 794M
- Outcome: increased
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $171B 613M → $190B 805M
- Outcome: sharply increased
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $157B 493M → $172B 389M
- Outcome: increased
Key Economic Indicators of Poland (1980–2024)
year | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
---|---|---|---|---|---|---|---|---|---|
1980 | $ 56B 731M | $ 1,595.05 | $ 4,812.63 | $ 171B 170M | -6 % | -6.023 % | 30.89 % | 0 % | 35M 567K people |
1981 | $ 53B 752M | $ 1,497.84 | $ 4,698.91 | $ 168B 628M | -10 % | -7.415 % | 23.38 % | 0 % | 35M 887K people |
1982 | $ 65B 315M | $ 1,803.46 | $ 4,704.23 | $ 170B 371M | -4.846 % | -2.972 % | 28.48 % | 0 % | 36M 216K people |
1983 | $ 75B 555M | $ 2,056.96 | $ 5,089.84 | $ 186B 956M | 5.6 % | -2.093 % | 24.77 % | 0 % | 36M 731K people |
1984 | $ 75B 656M | $ 2,042.04 | $ 5,209.16 | $ 192B 995M | -0.366 % | -1.431 % | 21.63 % | 0 % | 37M 49K people |
1985 | $ 70B 915M | $ 1,899.82 | $ 5,539.86 | $ 206B 787M | 3.862 % | -1.385 % | 22.36 % | 0 % | 37M 327K people |
1986 | $ 73B 822M | $ 1,965.54 | $ 5,812.92 | $ 218B 322M | 3.494 % | -1.498 % | 18.24 % | 0 % | 37M 558K people |
1987 | $ 63B 840M | $ 1,691.13 | $ 6,063.09 | $ 228B 881M | 2.302 % | -0.594 % | 17.81 % | 0 % | 37M 750K people |
1988 | $ 68B 747M | $ 1,819.39 | $ 6,476.95 | $ 244B 737M | 3.285 % | -0.156 % | 21.35 % | 0 % | 37M 786K people |
1989 | $ 67B 27M | $ 1,772.09 | $ 6,980.55 | $ 264B 29M | 3.812 % | -2.102 % | 21.72 % | 0 % | 37M 824K people |
1990 | $ 62B 206M | $ 1,629.05 | $ 6,658.75 | $ 254B 269M | -7.171 % | 4.93 % | 26.87 % | 0 % | 38M 186K people |
1991 | $ 80B 610M | $ 2,105.49 | $ 6,385 | $ 244B 454M | -7.005 % | -2.662 % | 16.45 % | 0 % | 38M 286K people |
1992 | $ 88B 888M | $ 2,315.65 | $ 6,645.92 | $ 255B 108M | 2.033 % | -3.492 % | 13.34 % | 0 % | 38M 386K people |
1993 | $ 90B 544M | $ 2,351.74 | $ 7,073.89 | $ 272B 351M | 4.287 % | -6.392 % | 11.19 % | 0 % | 38M 501K people |
1994 | $ 103B 887M | $ 2,692.70 | $ 7,587.69 | $ 292B 740M | 5.239 % | 0.61 % | 20.68 % | 0 % | 38M 581K people |
1995 | $ 139B 363M | $ 3,612.26 | $ 8,268.01 | $ 318B 985M | 6.728 % | 0.613 % | 19.29 % | 1.32 % | 38M 581K people |
1996 | $ 156B 993M | $ 4,066.18 | $ 8,938.01 | $ 345B 91M | 6.239 % | -2.079 % | 18.75 % | -0.3 % | 38M 609K people |
1997 | $ 157B 493M | $ 4,075.98 | $ 9,728.90 | $ 375B 918M | 7.086 % | -3.647 % | 19.74 % | -0.093 % | 38M 639K people |
1998 | $ 172B 389M | $ 4,459.10 | $ 10,322.84 | $ 399B 81M | 4.982 % | -4.003 % | 21.01 % | -0.257 % | 38M 660K people |
1999 | $ 168B 130M | $ 4,348.15 | $ 10,940.57 | $ 423B 39M | 4.524 % | -7.427 % | 17.78 % | 0.64 % | 38M 667K people |