Page 5 - Poland. The CEE’s Regional Leader. Six good reasons for investors to choose Poland

2.

Poland has only experienced a recession

one lasted just a few months.

It was thanks to a diversified and competitive economy that Poland’s

GDP growth remained strong – even through the financial crisis

of 2008. Our economy also grew in the first quarter of 2020, with

Poland's GDP increasing by 2% year-to-year. In the era of COVID-

19 an economic setback is inevitable, but in the long run economists

expect Poland to come out relatively unscathed. According to data

from the Polish Statistical Office, the GDP decline was only -2,8% in

2020, lower than the European Commission estimates of -4.6%.

That will make Poland’s recession the smallest among the EU co-

untries. Over the last three decades, Poland's GDP has grown

faster than any other in Europe.