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Overview

COUNTRY CONTEXT

Poland2021
Population, million37.9
GDP, current US$ billion658.1
GDP per capita, current US$17,365.9
Life Expectancy at Birth, years (2017)77.9

 

The well-diversified Polish economy has proven to be one of the most resilient in the European Union (EU), with employment growth in 2020 despite a relatively small contraction in GDP of 2.5 percent, the first output contraction since 1991.

Since the start of the war in Ukraine, more than 2.3 million displaced Ukrainians have arrived in Poland. The Government has reacted rapidly, granting them the right of temporary residence and access to key public services (health, education), social assistance, and housing.

Over the medium term, a key challenge is a tightening labor supply made more acute by the aging population. The recent large influx of displaced people from Ukraine could help address the labor market tightness. Achieving decarbonization commitments is another challenge. Institutional strengthening is

needed to promote sustained and inclusive growth and to narrow regional disparities.

Last Updated: Apr 18, 2022

LENDING

Poland: Commitments by Fiscal Year (in millions of dollars)*

*Amounts include IBRD and IDA commitments

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Country Office Contacts

Warsaw, Poland
Warsaw Financial Center
53 Emilii Plater Street
00-113 Warsaw, Poland
Tel: +48-22-520-80-00
Media Contact
Filip Kochan