Analysis and Studies - Country Analysis
Import/Export Poland
January 21st 2021
Poland is the number 21 economy in the world in terms of GDP (current US$), the number 23 in total exports, the number 18 in total imports, the number 62 economy in terms of GDP per capita.
Before the coronavirus outbreak hit the global economy, Poland was among the fastest-growing economies in the European Union.
In the short-term, the main challenge is to mitigate the social and economic impact of COVID-19. Although the full impact of the virus remains uncertain, a prolonged outbreak would significantly curb economic activity, affect supply chains, and depress investor sentiment and consumer demand.
On the positive side, Poland has the fiscal and monetary space to mitigate the adverse effects of lower global and domestic demand and shield its financially vulnerable populations, potentially leading to a quicker rebound in 2021 and 2022. (World Bank)
