Poland is the only country in the European Union (EU) to have registered 1.2% economic growth in 2009. The country’s GDP per head rose from 50% to 56% of the EU average in 2009, making it a record jump.
Today, Poland is Europe’s sixth-biggest economy and is considered to have one of the fastest growing economies in Central Europe, with an annual growth rate of more than 6.0% before the 2008 recession.
Since the fall of the communist government in 1989, Poland has been consistently liberalizing its economy and has successfully completed the transition from a centrally planned economy to a primarily capitalistic market economy.
The country’s GDP (purchasing power parity):
$646.4 billion (2007)
$678.8 billion (2008 est.)
$686.2 billion (2009 est.)
The following data maps the performance of various sectors in the GDP as of 2009:
Of the estimated 38 millionpeople, the Polish labor force stood at 16.99 million as of 2009 and occupied three main sectors in the following manner as of 2005:
Poland’s currency is zlotych (PLN), and its exchange rate in relationship to the US dollar stood at:
2009 - 3.1
2008 - 2.3
2007 - 2.81
2006 - 3.1032
Commodities that Poland has been producing include:
Cars (including the luxurious Leopard car)
Buses (Autosan, Jelcz SA, Solaris, Solbus)
Helicopters (PZL Świdnik)
Planes (PZL Mielec)