LATEST  DATA – December 2010.

 GDP in 2009 + 1.7%. Poland was the  only European Union country to have avoided recession.  In 2010 the growth will be of 3.5% – Central Statistical Office (GUS).

 The main driving force behind the economy in the second quarter of 2010 was domestic demand, according to the the National Bank of Poland (NBP). The Economy Ministry expects that economic growth will continue to stimulate activity in the industrial and construction sectors. The data shows that the Polish economy is growing faster than the economies of other EU countries except Slovakia (4.1%). The EU Commission’s view is that the Polish economy is driven by manufacturing and exports. The World Bank has recently raised its forecast of Polish GDP to 4.1% in 2011.

 Poland’s image has improved as a result of the global financial crisis. The total value of new foreign direct investment in the first half of 2010 exceeded 5 billion euros and was 75% higher than a year earlier, according to NBP data. In the first half of 2010, the Polish Information and Foreign Investment Agency (PAIiIZ) successfully completed negotiations with foreign investors on 29 new investment projects.

Big privatization projects (2010 – 2013)

Government’s financial plan foresees zl.55 billion (13,5 billion euros) to be made. From the first IPOs the sum got is zl.25 billion.