{"id":82307,"date":"2025-10-15T14:23:18","date_gmt":"2025-10-15T14:23:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/82307\/"},"modified":"2025-10-15T14:23:18","modified_gmt":"2025-10-15T14:23:18","slug":"poland-joining-20-largest-world-economies-imf-figures-show","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/82307\/","title":{"rendered":"Poland joining 20 largest world economies, IMF figures show"},"content":{"rendered":"<p>\t\t\t\t\tKeep our news free from ads and paywalls by making a donation to support our work!<br \/>\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-57162 lazyload\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2025\/09\/support.png\" alt=\"\" width=\"275\" height=\"97\" style=\"--smush-placeholder-width: 275px; --smush-placeholder-aspect-ratio: 275\/97;\"\/><\/p>\n<p>Notes from Poland is run by a <a href=\"https:\/\/notesfrompoland.com\/about-us\/#editor-team\" rel=\"nofollow noopener\" target=\"_blank\">small editorial team<\/a> and is published by an independent, non-profit foundation that is funded through donations from our readers. We cannot do what we do without your support.<\/p>\n<p>Poland is this year becoming one of 20 largest economies in the world, according to new figures from the International Monetary Fund (IMF).<\/p>\n<p>The development marks a significant symbolic moment for a country that has seen its <a href=\"https:\/\/notesfrompoland.com\/2025\/07\/07\/how-poland-shook-off-its-past-and-became-europes-growth-champion\/\" rel=\"nofollow noopener\" target=\"_blank\">economy grow rapidly since shaking off communism<\/a> 35 years ago. It has also prompted Poland to seek to join the G20 group of major world economies.<\/p>\n<p>In its latest\u00a0World Economic Outlook, the IMF estimates that Poland\u2019s GDP will reach $1.04 trillion this year. That means that it will overtake Switzerland ($1.00 trillion) to become the world\u2019s 20th largest economy.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-85224\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-15-102119.png\" alt=\"\" width=\"1104\" height=\"541\"  \/><\/p>\n<p>The IMF\u2019s forecasts for future years indicate that Poland\u2019s GDP will continue to grow faster than Switzerland\u2019s until 2030.<\/p>\n<p>However, the data also show that the two countries just above Poland in the ranking \u2013 Saudi Arabia ($1.27 trillion) in 19th and the Netherlands ($1.32 trillion) in 18th \u2013 will remain ahead in the coming years.<\/p>\n<p>The world\u2019s largest economies are the United States ($30.62 trillion), China ($19.40 trillion), and Germany ($5.01 trillion), Poland\u2019s western neighbour and biggest trading partner.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-85225 lazyload\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2025\/10\/Untitled-design-6.jpg\" alt=\"\" width=\"1920\" height=\"1080\"  data- style=\"--smush-placeholder-width: 1920px; --smush-placeholder-aspect-ratio: 1920\/1080;\"\/><\/p>\n<p>Poland\u2019s rise over the past 35 years since emerging from communism has been rapid. In 1990, it was the world\u2019s 38th largest economy, according to the IMF, ranking just below Pakistan and Algeria. By the year 2000, Poland had risen to 27th, and by 2010, to 25th.<\/p>\n<p>Last month, when economic data already indicated that Poland\u2019s economy had surpassed $1 trillion and was set to become the world\u2019s 20th largest, foreign minister Rados\u0142aw Sikorski announced that, during a visit to the US, he had discussed the possibility of Poland joining the G20 club of major world economies.<\/p>\n<p>\u201cDue to the fact that Poland has joined the so-called club of trillion-dollar economies, I tried to convince the United States, which will hold the presidency of the\u00a0G20 group next year, to invite us to this group,\u201d said Sikorski.<\/p>\n<p>\u201cWe have the right to do this not only as one of the 20 largest economies in the world, but also as a country that presents a political and intellectual argument, because we are the country that has successfully transformed from a planned economy to a free economy,\u201d he added.<\/p>\n<p>Do you live in Poland and rely on our reporting to stay informed and feel connected?<\/p>\n<p>If you read our work and value its clarity, <a href=\"https:\/\/notesfrompoland.com\/donations\/support-us-2\/\" rel=\"nofollow noopener\" target=\"_blank\">donate here<\/a> to allow our non-profit media outlet to keep going.<\/p>\n<p><a href=\"https:\/\/notesfrompoland.com\/donations\/support-us-2\/\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-85179 aligncenter lazyload\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2025\/10\/week-1-landscape-1024x576.png\" alt=\"\" width=\"500\" height=\"281\" style=\"--smush-placeholder-width: 500px; --smush-placeholder-aspect-ratio: 500\/281;\"\/><\/a><\/p>\n<p>Main image credit: <a href=\"https:\/\/commons.wikimedia.org\/wiki\/File:Torre_Varso,_Varsovia.jpg\" rel=\"nofollow noopener\" target=\"_blank\">DWD2007\/Wikimedia Commons<\/a> (under <a href=\"https:\/\/creativecommons.org\/licenses\/by-sa\/4.0\/deed.en\" rel=\"nofollow noopener\" target=\"_blank\">CC BY-SA 4.0<\/a>)<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2025\/09\/6s83J95K_400x400.jpg\" width=\"100\" height=\"100\" alt=\"\" itemprop=\"image\" class=\"lazyload\" style=\"--smush-placeholder-width: 100px; --smush-placeholder-aspect-ratio: 100\/100;\"\/><\/p>\n<p>Daniel Tilles is editor-in-chief of\u00a0Notes from Poland. He has written on Polish affairs for a wide range of publications, including\u00a0Foreign Policy,\u00a0POLITICO Europe,\u00a0EUobserver\u00a0and\u00a0Dziennik Gazeta Prawna.<\/p>\n","protected":false},"excerpt":{"rendered":"Keep our news free from ads and paywalls by making a donation to support our work! Notes from&hellip;\n","protected":false},"author":2,"featured_media":82308,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-82307","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/82307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=82307"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/82307\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/82308"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=82307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=82307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=82307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}