Poland weathered the economic crisis and its aftermath very well and real GDP has increased cumulatively by 19% since 2008, which is unparalleled in the EU. In 2014, domestic demand picked up again, replacing external trade as the main growth driver. After several years of moderate increases, unemployment fell substantially in 2014, while the employment rate improved. In 2014 inflation receded and is set to pick up modestly in 2015. The current account deficit improved in 2013, driven by a series of annual trade surpluses. Albeit on a declining path, the general government deficit has been above the EU's 3% of GDP EU limit since 2008, while debt remains below the 60% of GDP limit.
Read a complete analysis of Poland's economy in the country report 2015 [476 KB]
The Commission has made six country-specific recommendations to Poland to help it improve its economic performance, which have been approved by all EU member states. These are in the areas of: public finances; youth unemployment; employment of women and older people; innovation; network industries; business environment.