Poland outpaced only by Slovakia in GDP growth – OECD reports

Economic growth in Poland reached 6%, real GDP in the last two years has grown faster than in almost all other OECD countries – experts from the The Organization for Economic Co-operation and Development (OECD) inform in the 10th Economic Survey of Poland 2008.

Poland’s economy has performed well in the last two years. Andrew Dean, director of the OECD Economics Department, said that within the analyzed time only Slovakia managed to outpace Poland. According to experts intensive foreign investment inflow constituted one of the major driving forces behind the growth and there is a good chance for the trend to be maintained in the coming years.

The report emphasises also that Poland may boast about a very high job-creation rate and a sharp decline in unemployment – from 18% in 2005 to 8.5% in 4Q 2007. (wnp.pl)

Source: PAIiIZ

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