Poland’s household savings rate rose for the 14th consecutive quarter in the third quarter of 2025. According to data released by Eurostat, it reached 10.2%. That is already 4 percentage points above the pre-pandemic average.
Retail sales at constant prices rose by 5.3% year on year in December 2025, Statistics Poland (GUS) reported. This is a very strong result, confirming that consumers remain in good financial shape and have both the willingness and the capacity to increase spending.
Poland’s real GDP expanded by 3.6% in 2025, according to preliminary data released by Statistics Poland (GUS). At the same time, Eurostat provided a first estimate for the entire European Union, showing growth of 1.6% for the year. This means the gap between Poland’s growth and the EU average was 2 percentage points – exactly the same as the average since 2010. The pace at which Poland is catching up with the EU economy shows no signs of slowing.
Wage growth is the main driver of rising consumption. Over the past three years, consumption has grown more slowly than wages, as households have increased their propensity to save. What will happen this year? An analysis by XYZ's economist.
December data delivered a clear surprise: wage growth in the enterprise sector accelerated to 8.6% year on year, well above market expectations. With inflation running at 2.4%, this translates into a robust real wage increase of around 6%, boosting consumers’ purchasing power and potentially supporting a short-term economic pickup.
Poland’s manufacturing sector ended 2025 in robust shape, with a marked acceleration in output toward the end of the year. Crucially, the recovery is no longer driven solely by investment goods and is beginning to extend to consumer goods as well. Data from Statistics Poland (GUS), together with steadily improving business sentiment, suggest that 2026 could bring a further strengthening of economic conditions.
Polish exports are starting to recover, but the growth is clearly geographically uneven. Exports are rising in Western markets while declining in Eastern ones
Both Poland’s exports and imports of goods are accelerating when viewed through a lens that smooths short-term fluctuations – namely, the three-month moving average
Economic miracles are never permanent. The trajectories of Japan and Italy suggest that rapid growth can stall if policy, demographics, or institutions fail to keep pace.
New data show that regional disparities in Poland are not so much disappearing as changing in character. The traditional division between a wealthier west and a poorer east no longer fully applies, and income levels are increasingly determined by the presence of a major metropolitan area. At the same time, the observed convergence in development mainly occurs within groups of similar regions
Marek Skawiński 
Michał Kulbacki 
