Economics Poland
Poland Economic Indicators
Poland's economy is set to rebound with a projected GDP of approximately USD 839.62 billion by the end of 2025, demonstrating resilience and competitiveness. Following a modest growth of 0.1% in 2023, the economy is expected to accelerate to 3.0% in 2024 and 3.6% in 2025. The growth in 2024 is primarily driven by robust private consumption, fueled by rising wages, increased government spending, improved consumer confidence, and easing inflationary pressures.
Poland Regulatory Enviroment
Ranked 39th globally in the Ease of Doing Business Index, Poland offers a competitive business environment with a corporate tax rate of 19% and a standard VAT rate of 23%. Establishing a business involves multiple steps, including registration with the National Court Register, with costs linked to income per capita. Personal income is taxed progressively at 18% and 32%, while self-employed individuals typically face a flat 19% rate.
