The best secret in Europe: Poland, the economic tiger in the region

Nothing seems to hinder the transition from Poland from strength to strength, although it is part of the slow European Union. There are many reasons why many aspects, including distinguished defensive spending in the country and conservative approach Donald Trump for illegal immigration.

Late last month, Poland’s economy was estimated to grow by 2.9 % last year, according to Statoffice in the country. This performance wanders in the individual currency area in Europe, also known as the euro area, with more than three times; I only took out 0.7 % during the same period.

Poland’s growth also exceeded the United States, which grew by 2.5 % in 12 months to December.

“The past year or two years have seen a boom, and she gets advertising,” Mateusz Urban, Oxford’s chief economist in Warsaw, Poland, told Fox Business. “There is really a European tiger in the door of Germany.”

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This is not one time. By 2024, Poland’s economy grew up to 11 times greater than 1986. This greatly exceeds the United States, whose economy grew to be six times in the same period, according to data from the commercial economy.

Urban says a large part of Poland’s rapid growth involves opening human capital after the collapse of the Soviet Union. During many decades of the rule of the Soviet Union, the government devoted a lot of effort to educate people in mathematics, science and engineering, and the continuous impact of these universities and schools remains greatly appreciated.

Urban said: “These types of institutions have a long -term legacy.” “After 1989, Poland inherited a well -organized system that enabled a large number of mechanical engineering and information technology specialists.”

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This focus on science, technology, engineering and mathematics helped the country in building an impressive technical sector of $ 32 billion, or 4.5 % of the economy this year, according to Mordor Intelligence Research.

Elias Haddad, a strategic expert on the market in Brown Brosz Hariman in London, told Fox Business “Polish workers also” working very hard, with high standards, and cheaper for employment than people in the UK. ”

Another factor that Poland benefits from is the appointment of the veteran in the European Union, Donald Tusk as Prime Minister in December 2023. Before that, European law was punished by Polish law, led by Mattis Jacob Muroici, [EC] Because of the belief that the judiciary in Poland was not independent of the government.

“The party was not committing to some European Union rules,” said Haddad.

The result was EC that hinders the European Union’s funds aimed at helping Poland. But now with tusk firmly in the hot seat, European Union’s money should be launched, giving the economy another boost.

While the country grows quickly, it is also on the NATO front line, the military alliance that was established after the Second World War, on the borders of Ukraine. The country is expected to spend 4.7 % of its gross domestic product on the defense this year, a percentage greater than any other member of NATO, and the road was led in 2024 as well.

“We realize that Germany will not be able to save Poland,” Urban says. “That is why the government pays spending to approximately 5 % of GDP.”

For decades, Germany has failed to reach NATO’s commitment to spending at least 2 % of GDP to defense, according to the World Bank. In 2024, it reached 2.1 %.

While Poland responded positively to the Ukraine war in Russia during that time, it also took a burden for more than 7 million refugees from Ukraine.

“Since the war, we have become an attractive place to migration and refugees,” Marin Klukznik, the first adviser to the global economy team at the Polish Economic Institute, told Fox Business.

However, this massive flow led to discussions about those who want Poland to attract it to her country, says Clacksnik. Last month, RAFAł TRZASKOWSKI, a candidate for the presidency of Poland, requested that the government stop paying the so -called children’s benefits to the Ukrainians with children but they are not officially working. He mentioned that only those who work and pay their taxes should obtain help from the state.

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Clacksnik said the country was conservative and warned of the immigration policy.

“We are aware of some of the mistakes made by other European countries such as Germany, France and the United Kingdom, and we want to avoid some,” he said.

In particular, these three large countries have failed to make many immigrants fully regret in local culture.