The World Bank in its report “Greater Heights: Growing to High Income in Europe and Central Asia”, acknowledges Poland’s remarkable economic success over the past 35 years and offers it as an example for other countries.
“Poland is one of the world’s most impressive successes in sustaining a high rate of economic growth over an extended period. Its per capita gross national income (GNI) is about $20,000, roughly 10 times more than in 1992. Rapid growth helped the country reach high income in 2009, only 20 years after the start of the transition from a planned to a market economy. This represented an income shift from 30 percent of the European Union (EU) average in 1992 to 80 percent in 2022. Throughout the period of rapid growth, income inequality did not widen in Poland. The country thus offers important lessons for other countries seeking a similar growth acceleration”.
