Source: Adam Smith Institute
by Madsen Pirie
“It shows good growth achieved by sensible policies and a willingness to work. It is rising faster than most competitors, and will likely soon overtake many of them, including ourselves, in living standards. Poland is a strong bet. Few countries have done so much, so fast, from such a low base. In 1994, Poland’s GDP per capita at purchasing power parity was $7,040, less than a third of Japan’s. By 2024 it stood at $51,263, just behind Japan’s $52,039. The IMF and World Bank expected Poland to pass Japan this year, and the IMF forecasts that by 2030 Poland will also surpass Israel, Spain and New Zealand on the same measure. Twenty years ago Poland stood at 48% of the EU average, but by 2024 it had reached 82%. It is not slowing much.” (11/06/26)