CEBR sees Poland as world's 20th biggest economy in 2023

By bne IntelliNews January 2, 2014

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.

Related Articles

Evolution Equity Partners closes $125mn cybersecurity-focused fund

Evolution Equity Partners announced on 17 July the final closing of a new fund with total capital commitments of $125mn to make investments in cybersecurity and next generation enterprise software ... more

Play Communications' Warsaw IPO price sets value at over PLN4bn

Play Communications, owner of second biggest Polish mobile operator P4, has set the price of its upcoming initial public offering (IPO) at PLN36 (€8.5) per share, putting the value ... more

Poland moves closer to buying Patriot missiles from US

Poland and the US have signed a memorandum that may pave the way to Warsaw buying Patriot surface-to-air missile interception systems from US company Raytheon, the Polish defence ministry said on ... more

Dismiss