Poland's gross domestic product rose by 2.9% in 2024, a strong recovery from just 0.1% in 2023 and beating market expectations of 2.8%, preliminary estimates showed. The national economy’s gross value added (GVA) rose by 2.1%, improving from 1.2% the previous year. Industry rebounded with a 1.0% increase after a 0.8% decline in 2023, while construction saw a sharp 6.7% drop following a modest 0.4% rise. Trade and repair performed better, with GVA up 2.3%, compared to 0.5% growth in 2023. Domestic demand surged 4.1%, reversing a 3.1% decline, while total consumption rose 4.0%, driven by a 3.1% increase in household spending. However, investment slowed, with gross fixed capital formation rising just 1.3%, down from a 12.6% jump in 2023. The investment rate edged down to 17.4% from 17.7% the previous year. source: Central Statistical Office of Poland (GUS)
Full Year GDP Growth in Poland increased to 2.90 percent in 2024 from 0.10 percent in 2023. Full Year GDP Growth in Poland averaged 3.88 percent from 1996 until 2024, reaching an all time high of 7.10 percent in 2007 and a record low of -2.00 percent in 2020. This page includes a chart with historical data for Poland Full Year GDP Growth. Poland Full Year GDP Growth - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.
Full Year GDP Growth in Poland increased to 2.90 percent in 2024 from 0.10 percent in 2023. Full Year GDP Growth in Poland is expected to reach 3.30 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Poland Full Year GDP Growth is projected to trend around 3.10 percent in 2026 and 3.00 percent in 2027, according to our econometric models.