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Economy of Poland vs Russia compared: GDP & Debt

Updated on by Georank

Poland has a GDP of $1.04T compared to $2.56T for Russia, ranking 21/197 and 8/197 by economy size, respectively.

Poland has $609B in government debt (58.8% of GDP), compared to $440B (17.2% of GDP) in Russia.

Poland vs Russia GDP by year

Poland
Russia
1x
Year GDP, current $
Poland Russia
2025 $1,035,491,784,197 $2,561,310,169,359
2024 $917,767,106,147 $2,186,462,268,813
2023 $812,451,193,396 $2,046,284,838,151
2022 $695,607,470,875 $2,292,495,097,681
2021 $689,170,230,665 $1,829,186,719,575
2020 $605,914,237,904 $1,493,075,894,362
2019 $602,683,770,145 $1,693,115,002,708
2018 $594,616,632,477 $1,657,328,773,461
2017 $528,356,723,263 $1,574,199,360,089
2016 $473,259,623,976 $1,276,786,350,881
2015 $480,054,118,583 $1,363,482,182,198
2014 $542,134,167,179 $2,059,241,589,895
2013 $518,179,836,405 $2,292,470,078,346
2012 $498,148,649,703 $2,208,293,553,878
2011 $527,848,543,023 $2,045,922,753,398
2010 $478,111,630,684 $1,524,916,715,224
2009 $440,891,472,247 $1,222,645,900,056
2008 $535,612,030,672 $1,660,848,058,303
2007 $429,715,132,138 $1,299,703,478,482
2006 $345,897,630,736 $989,932,071,353
2005 $306,999,913,151 $764,015,973,481
2004 $256,268,656,145 $591,016,690,732
2003 $218,561,225,998 $430,347,420,185
2002 $199,694,463,256 $345,470,494,418
2001 $191,823,200,371 $306,602,070,621
2000 $172,953,527,033 $259,710,142,197
1999 $170,704,452,715 $195,907,128,351
1998 $175,282,269,667 $270,955,486,862
1997 $159,893,964,917 $404,928,954,192
1996 $160,813,026,223 $391,724,890,744
1995 $142,838,527,115 $395,537,185,735
1994 $110,803,635,288 $395,077,301,248
1993 $96,043,157,273 $435,083,713,851
1992 $94,337,050,693 $460,290,556,901
1991 $85,500,935,935 $517,962,962,963
1990 $65,977,748,211 $517,014,446,228
1989 - $506,631,299,735
1988 - $554,828,660,436

Data sources: World Bank | Economy & Growth (1988–2025, retrieved 2026-07-08).

GeoRank.org/economy/poland/russia | CC BY

GDP per capita in Poland vs Russia by year

Poland
GDP per capita

GDP per capita, PPP
Russia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Poland Russia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $28,420 - $17,847 -
2024 $25,104 $51,263 $15,219 $47,362
2023 $22,145 $48,473 $14,227 $44,269
2022 $18,891 $46,778 $15,894 $40,939
2021 $18,636 $41,060 $12,637 $38,638
2020 $16,151 $37,089 $10,280 $31,491
2019 $15,875 $35,882 $11,640 $30,964
2018 $15,658 $32,345 $11,399 $28,629
2017 $13,913 $30,170 $10,835 $25,778
2016 $12,464 $28,360 $8,804 $24,012
2015 $12,638 $26,988 $9,427 $23,994
2014 $14,262 $25,460 $14,277 $25,688
2013 $13,622 $24,434 $15,941 $26,020
2012 $13,087 $23,728 $15,402 $24,274
2011 $13,868 $22,809 $14,305 $22,790
2010 $12,568 $20,991 $10,675 $20,490
2009 $11,556 $19,300 $8,563 $19,390
2008 $14,049 $18,372 $11,635 $20,164
2007 $11,273 $16,833 $9,101 $16,648
2006 $9,069 $15,205 $6,920 $14,912
2005 $8,044 $13,936 $5,323 $11,822
2004 $6,712 $13,413 $4,102 $10,227
2003 $5,721 $12,329 $2,975 $9,255
2002 $5,223 $11,841 $2,378 $8,037
2001 $5,015 $11,175 $2,100 $7,361
2000 $4,521 $10,721 $1,772 $6,825
1999 $4,416 $10,081 $1,331 $5,914
1998 $4,534 $9,521 $1,835 $5,465
1997 $4,137 $8,967 $2,738 $5,700
1996 $4,164 $8,310 $2,644 $5,518
1995 $3,701 $7,715 $2,666 $5,613
1994 $2,875 $7,040 $2,662 $5,734
1993 $2,497 $6,560 $2,931 $6,420
1992 $2,459 $6,193 $3,099 $6,862
1991 $2,236 $5,925 $3,490 $7,858
1990 $1,731 $6,185 $3,494 $8,028
1989 - - $3,430 -
1988 - - $3,778 -

Data sources: World Bank | Economy & Growth (1988–2025, retrieved 2026-07-08).

GeoRank.org/economy/poland/russia | CC BY

Poland's GDP per capita is $28,420, ranking 47/197, compared to $17,847 in Russia, ranking 68/197. Adjusted for purchasing power (GDP per capita PPP), Poland ranks 43rd at $51,263, while Russia ranks 50th at $47,362.

Economic indicators

Poland Russia
Gross domestic product
$1.04T
2025
$2.56T
2025
GDP rank
21/197
2025
8/197
2025
GDP growth
3.57%
2024-2025
1%
2024-2025
GDP per capita
$28,420
2025
$17,847
2025
GDP per capita rank
47/197
2025
68/197
2025
GDP per capita, PPP
$51,263
2024
$47,362
2024
GDP per capita PPP rank
43/197
2024
50/197
2024
Government debt
$609B
2025
$440B
2025
Debt-to-GDP ratio
58.8%
2025
17.2%
2025
Government debt per person
$16,712
2025
$3,068
2025
Government debt per person rank
39/185
2025
105/185
2025
Average annual personal income after taxes
$20,616
2026
$11,183
2026
Market capitalization of domestic companies
$316B
2025
$650B
2023
Number of millionaires
101,000
2026
447,000
2026
Number of billionaires
10
2026
147
2026
Income share by richest 10%
22.9%
2023
25.1%
2023
Income share by poorest 10%
3.3%
2023
3.1%
2023
Government expenditure, % of GDP
50%
2025
39.1%
2025
Consumer prices inflation
3.81%
2024-2025
8.7%
2024-2025
Central bank interest rate
3.75%
2026
14.5%
2026
Unemployment rate
3.02%
2025
2.13%
2025
Population
36007074
142643173

Spending and national debt comparison by year

Poland
Spending

Debt
Russia
Spending

Debt
1x
Year % of GDP
Poland Russia
Government spending Government debt Government spending Government debt
2025 50% 58.8% 39.1% 17.2%
2024 49.4% 55.1% 36.7% 14.8%
2023 46.9% 49.5% 36.1% 15.2%
2022 43.2% 48.8% 35.1% 15.1%
2021 43.6% 53% 34.9% 16.5%
2020 47.7% 56.6% 39.2% 19.2%
2019 41.4% 45.2% 33.8% 13.7%
2018 41% 48.2% 32.6% 13.6%
2017 41.1% 50.4% 34.8% 14.3%
2016 41.1% 54.1% 36.6% 14.8%
2015 41.5% 51.1% 35.3% 15.3%
2014 42.7% 51.1% 34.9% 15.1%
2013 43.2% 56.9% 34.7% 12.3%
2012 43.2% 54.5% 34% 11.2%
2011 44.1% 54.8% 33.3% 10.3%
2010 46% 53.7% 35.5% 10.1%
2009 44.9% 49.7% 38.6% 9.92%
2008 44% 46.6% 32% 7.45%
2007 42.8% 44.4% 31.9% 8.03%
2006 44.3% 47.1% 29% 9.8%
2005 44.1% 46.5% 29.5% 14.9%
2004 43.4% 45% 29.6% 20.8%
2003 45.3% 46.2% 32.6% 28.3%
2002 44.9% 41.4% 33.8% 37.6%
2001 44.6% 37% 31.5% 44.4%
2000 42.9% 36.3% 30.7% 55.9%
1999 42.4% 39.2% 34.3% 92.4%
1998 43.9% 38.6% 39.7% 135.2%
1997 46% 42.6% - 51.5%
1996 50.6% 43% - 51.9%
1995 47.3% 48.6% - 53.7%
1994 - 64.3% - 63.5%
1993 - 83.9% - 92.4%
1992 - 81.9% - 116%
1991 - 76.9% - -
1990 - 89.7% - -
1989 - - - -
1988 - - - -
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 - - - -
1980 - - - -
1979 35.6% - - -
1978 35.8% - - -
1977 35.6% - - -
1976 34.8% - - -
1975 34.1% - - -
1974 28.6% - - -
1973 24.5% - - -
1972 24.1% - - -
1971 24.1% - - -
1970 25.8% - - -
1969 26.3% - - -
1968 27.3% - - -
1967 29.6% - - -
1966 31.7% - - -
1965 31.8% - - -
1964 33.5% - - -
1963 33.3% - - -
1962 43% - - -
1961 42.8% - - -
1960 39.2% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-07-08).

GeoRank.org/economy/poland/russia | CC BY

In 2025, Poland's government spending was $517B, accounting for 50% of its GDP, while Russia spent $1T, or 39.1% of GDP.

Debt-to-GDP ratio is 58.8% in Poland and 17.2% in Russia, ranking 81/185 and 175/185, respectively.

Government deficit by year

Deficit/surplus
Poland

Russia
1x
Year Deficit/surplus, % of GDP
Poland Russia
2025 -7.01% -3.9%
2024 -6.48% -1.59%
2023 -5.2% -2.24%
2022 -3.37% -1.34%
2021 -1.68% 0.78%
2020 -6.85% -3.99%
2019 -0.73% 1.93%
2018 -0.24% 2.92%
2017 -1.49% -1.47%
2016 -2.38% -3.67%
2015 -2.59% -3.39%
2014 -3.66% -1.07%
2013 -4.25% -1.16%
2012 -3.8% 0.38%
2011 -4.97% 1.43%
2010 -7.43% -3.19%
2009 -7.24% -5.89%
2008 -3.6% 4.55%
2007 -1.88% 5.59%
2006 -3.53% 7.8%
2005 -3.93% 7.6%
2004 -5% 4.57%
2003 -6% 1.35%
2002 -4.79% 0.67%
2001 -4.71% 2.99%
2000 -3.98% 3.11%
1999 -2.29% -3.59%
1998 -4.24% -7.42%
1997 -4.59% -
1996 -4.82% -
1995 -4.38% -
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -
1980 - -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 - -
1967 - -
1966 - -
1965 - -
1964 - -
1963 - -
1962 - -
1961 - -
1960 - -
1959 - -
1958 - -
1957 - -
1956 - -
1955 - -
1954 - -
1953 - -
1952 - -
1951 - -
1950 - -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - 0.15%
1939 - 0.12%
1938 - 0.16%
1937 - 0.12%
1936 - 0.1%
1935 - 0.07%
1934 - 0.25%
1933 - 0.58%
1932 - 0.06%
1931 - -1.12%
1930 - -1.62%
1929 - -0.4%
1928 - -0.4%
1927 - -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -
1912 - 0.69%
1911 - 1.26%
1910 - 1.52%
1909 - -0.15%
1908 - -0.83%
1907 - -0.86%
1906 - -3.19%
1905 - -7.72%
1904 - -5.13%
1903 - 1.04%
1902 - -1.57%
1901 - 0.14%
1900 - -0.36%
1899 - 0.66%
1898 - 0.03%
1897 - 0.34%
1896 - 1.3%
1895 - 0.7%
1894 - 1.43%
1893 - 0.63%
1892 - -1.16%
1891 - -0.97%
1890 - 0.01%
1889 - 1.34%
1888 - 0.88%
1887 - 0.14%
1886 - -0.84%
1885 - -0.75%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1885–1940, retrieved 2026-07-08).

GeoRank.org/economy/poland/russia | CC BY

In 2025, Poland's government deficit, the difference between spending and revenue, was $72.6B, equivalent to 7.01% of GDP. This compares to Russia's deficit of $100B, or 3.9% of GDP.

Over the past 28 years, Poland recorded a fiscal deficit in 28 of those years, while Russia ran a deficit in 14 years. On average, Poland posted an annual deficit equal to 4.05% of GDP, compared to surplus of 0.06% of GDP for Russia.

Inflation comparison by year

Inflation
Poland

Russia
1x
Year Consumer prices inflation
Poland Russia
2025 3.81% 8.7%
2024 3.79% 8.4%
2023 11.5% 5.9%
2022 14.4% 13.7%
2021 5.06% 6.7%
2020 3.37% 3.4%
2019 2.23% 4.5%
2018 1.81% 2.9%
2017 2.08% 3.7%
2016 -0.66% 7%
2015 -0.87% 15.5%
2014 0.05% 7.8%
2013 0.99% 6.8%
2012 3.56% 5.1%
2011 4.24% 8.4%
2010 2.58% 6.8%
2009 3.8% 11.6%
2008 4.16% 14.1%
2007 2.46% 9%
2006 1.28% 9.7%
2005 2.18% 12.7%
2004 3.38% 10.9%
2003 0.68% 13.7%
2002 1.91% 15.8%
2001 5.41% 21.5%
2000 9.9% 20.8%
1999 7.15% 85.7%
1998 11.6% 27.7%
1997 14.9% 14.8%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/poland/russia | CC BY

Over the past 29 years, Poland has recorded an average annual inflation rate of 4.37%, compared with 13.2% in Russia. In 2025, inflation was 3.81% in Poland and 8.7% in Russia.

Top exports between countries

Poland
Export category Export value
Chemicals & pharma $913M
Processed food, beverages & tobacco $526M
Machinery & equipment $383M
Textiles & consumer goods $382M
Transport & tourism services $219M
Metals $95.6M
Raw agricultural goods $51.3M
Miscellaneous $42.5M
Business & finance services $34.7M
Raw materials & minerals $33.5M
Russia
Export category Export value
Raw materials & minerals $9.14B
Miscellaneous $4.43B
Metals $1.5B
Chemicals & pharma $764M
Wood & paper products $335M
Machinery & equipment $189M
Textiles & consumer goods $159M
Transport & tourism services $128M
Business & finance services $98.6M
Processed food, beverages & tobacco $96.4M

Balance of trade

Poland Russia
Current account balance
-$9.05B
2025
$43.1B
2025
Current account balance ranking
172/190
2025
14/190
2025
Current account balance, % of GDP
-0.87%
2025
+1.68%
2025
Goods imports
$406B
2025
$305B
2025
Goods exports
$390B
2025
$422B
2025
Service imports
$86.5B
2025
$94.8B
2025
Service exports
$131B
2025
$46.3B
2025
Imports of goods and services, % of GDP
47.1%
2025
15.5%
2025
Exports of goods and services, % of GDP
50%
2025
18.2%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Poland Russia
Economic freedom 68.5 50.3
Economic freedom ranking 46/197 161/197
Property rights 71.8 18.6
Government integrity 60.7 22.8
Judicial effectiveness 62.5 22.8
Tax burden 72.7 81.9
Government spending 35.1 61.3
Fiscal health 74.8 94.4
Business freedom 77.5 51.4
Labor freedom 53.7 59.1
Monetary freedom 73.8 61.8
Trade freedom 79.4 69.4
Investment freedom 80 30
Financial freedom 80 30

Economic freedom comparison by year

Poland
Russia
1x
Year Economic freedom index
Poland Russia
2026 68.5 50.3
2025 67.1 51.6
2024 66 52
2023 67.7 53.8
2022 68.7 56.1
2021 69.7 61.5
2020 69.1 61
2019 67.8 58.9
2018 68.5 58.2
2017 68.3 57.1
2016 69.3 50.6
2015 68.6 52.1
2014 67 51.9
2013 66 51.1
2012 64.2 50.5
2011 64.1 50.5
2010 63.2 50.3
2009 60.3 50.8
2008 60.3 49.8
2007 58.1 52.2
2006 59.3 52.4
2005 59.6 51.3
2004 58.7 52.8
2003 61.8 50.8
2002 65 48.7
2001 61.8 49.8
2000 60 51.8
1999 59.6 54.5
1998 59.2 52.8
1997 56.8 48.6
1996 57.8 51.6
1995 50.7 51.1

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/poland/russia | CC BY

The Economic Freedom Index for Poland is 68.5, ranking 46/197, compared to 50.3 for Russia, ranking 161/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Poland Russia
Services, % of GDP
59.7%
2025
58.9%
2025
Industry, % of GDP
25.8%
2025
29.7%
2025
Agriculture, forestry, and fishing, % of GDP
2.45%
2025
3.06%
2025
GNI, Atlas method
$930B
2025
$2.33T
2025
GNI per capita, PPP
$52,290
2025
$49,220
2025
Total reserves including gold
$272B
2025
$608B
2024
Total reserves ranking
16/177
2025
6/177
2024
Net foreign direct investment
-$11.7B
2025
-$12.4B
2025
Net inflows of foreign direct investment
$20.6B
2024
-$9.35B
2024
Net outflows of foreign direct investment
$10B
2024
-$170M
2024
Servicing debt to the IMF, % of GNI n/a
2.63%
2024
Poverty at national poverty lines
13.3%
2024
7.2%
2024
Gross capital formation, % of GDP
17.9%
2025
25.9%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/poland/russia | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1885–1996, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2021–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.