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Monday, May 11, 2026

Expats in Warsaw benefit nicer economic perspectives than the average of the European Union

 Poland

YearGDP Growth (%)Government Spending (% GDP)Employed People (millions)Employment Growth (%)
20194.6%42.5%16.40.8%
2020-2.0%48.8%16.1-1.8%
20216.9%44.2%16.52.5%
20225.3%42.7%16.81.8%
20230.3%49.0%17.01.2%
20243.0%49.5%17.21.1%
2025*3.2% – 3.7%50.9%17.360.9%
2026*3.1% – 3.5%43.0%17.450.5%

* 2025–2026 are forecasts/estimates.

Main observations

  • Poland maintained very strong employment growth despite an ageing population and declining birth rate.
  • Employment recovered rapidly after the 2020 COVID downturn.
  • GDP growth slowed sharply in 2023 but employment still increased.
  • Government spending rose substantially after 2022, driven largely by defense, healthcare, and social programs.
  • Poland reached record employment levels in 2025 with more than 17.3 million employed people.  

 European Union

YearGDP Growth (%)Government Spending (% GDP)Employed People (millions)Employment Growth (%)
20191.8%46.5%2091.0%
2020-5.6%53.1%201-3.8%
20216.2%51.0%2052.0%
20223.5%49.6%2092.0%
20230.4%49.2%2111.0%
20241.0%49.0%2130.9%
2025*1.4% – 1.6%48.8%2140.5%
2026*1.5% – 1.7%48.5%2150.4%

* 2025–2026 are forecasts/estimates.

Main observations

  • The EU experienced a historic contraction in 2020 during the COVID crisis, followed by a strong rebound in 2021.
  • Government spending jumped above 53% of GDP during the pandemic due to emergency fiscal programs, subsidies, and healthcare expenditures.
  • Employment recovered steadily after 2020 and reached record highs by 2024–2025 despite slow GDP growth.
  • Since 2022, EU growth has slowed considerably due to inflation, high interest rates, energy costs, and weaker industrial production.
  • Employment growth remains positive, but productivity growth across the EU has been relatively weak.

 

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Expats in Warsaw benefit nicer economic perspectives than the average of the European Union

 Poland Year GDP Growth (%) Government Spending (% GDP) Employed People (millions) Employment Growth (%) 2019 4.6% 42.5% 16.4 0.8% 2020 -2.0...