The actual growth was higher than the 4.7% figure announced in a flash estimate by the Office earlier this month.
In mid-November, Poland’s central bank revised upwards its GDP growth forecast for the country, saying it expected the economy to expand 4.2% this year as a whole. In its July forecast, the bank said it expected the economy to grow 4.0% this year.
Earlier this week, The Organisation for Economic Cooperation and Development, which brings together 35 developed countries raised its 2017 GDP growth projection for Poland to 4.3 percent from 3.6 percent in a June forecast. The OECD also raised its 2018 GDP growth forecast for Poland to 3.5 percent from 3.1 percent.
Poland is the second destination for FDI in Europe by jobs created, after UK and ahead of Germany. Investors are broadening into real estate, energy, construction and infrastructure sectors. This growth represents significant opportunities for firms and individuals to enter new market.
Nowhere in the world have expectations for growth changed so rapidly and positively as in Central and Eastern Europe, and especially in Poland. Behind the improvement are the attractive environment for foreign investment, government stimulus measure, easy financing conditions and the revival of EU structural funds that are supporting stronger growth in the region.
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June 13, 2019
The launch of The Anglo-Polish Law Association (APLA) took place on 4th June 2019 in the offices of Mills & Reeve in London. It went really...Read more
June 13, 2019
The summit of The Three Seas Initiative countries took place in Ljubljana, Slovenia on the 5 and 6 June. The Three Seas Initiative is a flexible...Read more
May 29, 2019
Woźniak Legal is looking forward to attending the inaugural meeting of The Anglo-Polish Law Association on 4 June in London in the company of...Read more