Poland’s economy emerged as a regional standout in 2024, recording a GDP growth of 2.9%, significantly outpacing its Central and Eastern European (CEE) peers, according to an ING Bank analysis that cited Poland’s StatOffice.
While other CEE economies fell short of expectations, Poland’s economic expansion was
Central and Eastern Europe (CEE) economies have largely overcome the so-called middle-income trap, but face challenges around sustainable growth and convergence with Western European living standards, Dutch multinational banking and financial services corporation ING bank found in a study that looked at key development trends in Poland, Hungary, Czechia, Romania
Central and Eastern Europe (CEE) is becoming increasingly diversified, ING Bank writes in a new report on Poland, Czechia, Romania and Hungary. This diversification includes economic outlooks, inflation profiles and reaction functions of central banks, the Dutch bank added in its report entitled “One region but very different stories for