The state-run Statistics Poland (GUS) agency in late April reported that the Polish economy expanded by 5.9 percent in 2021, after contracting by 2.2 percent in 2020.
The Polish economy grew 8.5 percent in the first quarter of this year and posted 5.5 percent growth in the second quarter, according to Statistics Poland.
International ratings agency S&P Global last week trimmed its 2022 GDP growth forecast for Poland to 4 percent from a previous prediction of 4.5 percent and is also expecting slower economic growth next year, 1.2 percent instead of the 2.1 percent it predicted earlier.
Poland’s government last week approved the country's budget for 2023, which expects the economy to grow 1.7 percent next year.
(gs)
Source: PAP