The Polish economy will grow by 3.7 percent in 2020 and by 3.6 percent in 2021, the ratings agency Moody's said in a report on Monday.
This week we take a look at what’s in store for Poland’s economy in 2020.
Polish PM Mateusz Morawiecki, attending an economic congress in Berlin on Wednesday, said Poland hopes to attract as many innovative projects as possible, especially greenfield projects.
Polish Development Fund (PFR) President Pawel Borys wrote in the daily Puls Biznesu on Friday that "Poland's economic growth will likely slow down to 3-3.5 percent in 2020."
Poland's economy likely expanded by 3.9 percent in the fourth quarter of 2019 and by 4.2 percent in the entire year, according to an estimate published by the Development Ministry on Thursday.
Economic forecasts for the year remain optimistic and should shrug off problems plaguing the German economy.
The Polish economy grew by 3.9 pct year on year in the third quarter of 2019, down from a 4.6 pct growth in the second quarter, the Central Statistical Office (GUS) said on Friday. In its earlier flash estimate, GUS put the Q3 growth rate figure at 3.9 pct.
Polish Prime Minister Mateusz Morawiecki in his policy speech on Tuesday said his government wants the country's GDP growth level to be at least 2-3 percentage points above the growth in the euro zone during the next four years.
The Polish economy, which has been labeled a miracle, is continuing to outperform expectations with many economists and forecasters continuing to revise growth expectations and then backtracking when the data comes in.
Poland's GDP grew by 3.9 percent year on year in the third quarter of 2019, according to a Central Statistical Office (GUS) flash estimate published on Thursday.