Poland Economy

Of all the eastern European nations, Poland’s economy is considered to be the strongest. The main reason for Poland's economic growth was the speedy privatization of small and medium state-owned companies and new, more liberal laws in relation to the development of the private business sector.

The agricultural sector still has to deal with structural problems and a historical lack of investment. Recent developments have been the reform of health care provision, of the education system and of pensions.

The privatization of the country’s remaining state sectors continues to be an important factor in the future of Poland’s public finances. Other important factors influencing the Polish economy are the reduction of state employment, the fact that incorporated farmers currently pay significantly lower taxes than other people with a similar income.

Back to All European Country Guides