Poland will be the world's 20th biggest economy in terms of USD-nominated GDP in 2023 vs. its 24th spot in 2012 and the 23th spot in 2013, according to a report by the Centre for Economics and Business Research (CEBR).
The value of Poland's GDP is estimated at USD 490bn in 2012, USD 514bn in 2013, USD 687bn (22nd spot) in 2018, USD 894bn in 2023) and USD 1,155bn in 20128 (also number 20).
In 2028, Poland's continued economic development and rising living standards raise GDP per capita will put it in line with Western European levels, CEBR also forecasts.
According to this forecast, China will overtake the US in 2028 to become the world's largest economy. This is later than some analysts have suggested and reflects the continuing performance of the US as the West’s strongest economy and the slowing down of the Chinese economy, the report reads.
Polish Enterprise Fund VIII, a private equity fund managed by Enterprise Investors, signed an agreement to acquire a 100% stake in Studenac, a network of neighbourhood grocery stores operating in ... more
Poland’s Prime Minister Mateusz Morawiecki has taken over supervision of two state-controlled oil and gas companies, PKN Orlen and Lotos, the energy ministry said on June 5. Stripping the ... more
Prague-based start-up accelerator StartupYard will distribute up to CZK20mn (€782,000) to young companies to help them grow their businesses. The money was raised via a crowdfunding campaign ... more