Poland’s economic growth gathers momentum – Q1 2025 analysis

The Polish economy enters 2025 with noticeable momentum. Data published by Statistics Poland (GUS) for the first quarter of the year indicate a steady recovery in economic activity after a period of uncertainty and cautious investment behavior. The recorded economic growth confirms that the Polish economy is returning to a path of sustainable development.

GDP exceeds expectations – a signal for investors

Gross Domestic Product (GDP) in Q1 2025 increased by 3.2% year-on-year, maintaining a satisfactory pace of growth – particularly in the context of global economic turbulence. This result aligns with the previous flash estimate by GUS and confirms the positive trend initiated in the second half of 2024.

After seasonal adjustment, GDP grew by 0.7% compared to the previous quarter. This represents a stable, moderate increase that gives hope for the continuation of the trend in the months to come.

Poland’s economic growth built on real foundations

Compared to many European economies, Poland stands out in that GDP growth is not solely driven by consumption, but also by increasing investment and production activity. In Q1 2025:

• Consumption expenditure rose moderately in both the private and public sectors,
• Investment (expenditure on fixed assets) rebounded after previous declines,
• Companies began rebuilding inventories, indicating an expectation of increased future demand.

Notably, despite a slight slowdown in net exports, domestic demand remained strong enough to compensate for its effects. This combination of factors is rare and healthy for medium-term growth.

Sectors driving the economy forward

While Poland’s overall economic growth stood at 3.2%, some sectors grew faster than others. Highlights include:

• Transport and logistics – clear revival both quarter-on-quarter and year-on-year,
• Public administration and social services – stable increase in added value,
• Trade and construction – moderate but positive growth after earlier declines.

The situation was less favorable in the financial sector and IT & communications, which recorded slight declines or stagnation. However, these are not structural symptoms, but rather the result of a cooling after previously intense quarters.

Why invest in Poland today?

Current data not only show that Poland is growing steadily – they also indicate that the investment climate is improving quarter by quarter. The return to private investment growth is a clear sign that businesses are regaining trust in the Polish market.

For investors, this is an excellent moment to consider entering the Polish market or expanding current operations. Poland remains one of the most attractive countries in Central and Eastern Europe thanks to:

• A well-educated workforce,
• Modern infrastructure,
• Business-friendly public administration.

Comprehensive business support – with getsix®. If you’re planning to open a business in Poland, it’s worth partnering with a firm that knows the local market realities and supports you at every stage. Learn more: Business services in Poland – company registration.

The first quarter of 2025 confirmed that Poland’s economic growth is grounded in real fundamentals: moderate consumer optimism, renewed investment appetite, and rising economic activity. It’s a good time to align your future with the Polish market – as an investor, partner, or entrepreneur.

If you have any further questions or require additional information, please contact your business relationship person or use the enquiry form on the HLB Poland website.

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