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Economy of Poland vs Slovakia compared: GDP & Debt

Updated on by Georank

Poland has a GDP of $1.04T compared to $155B for Slovakia, ranking 21/197 and 60/197 by economy size, respectively.

Poland has $609B in government debt (58.8% of GDP), compared to $95.3B (61.6% of GDP) in Slovakia.

Poland vs Slovakia GDP by year

Poland
Slovakia
1x
Year GDP, current $
Poland Slovakia
2025 $1,035,491,784,197 $154,530,066,507
2024 $917,767,106,147 $140,934,076,532
2023 $812,451,193,396 $133,578,518,424
2022 $695,607,470,875 $115,792,972,358
2021 $689,170,230,665 $120,511,265,913
2020 $605,914,237,904 $107,732,602,896
2019 $602,683,770,145 $105,843,498,304
2018 $594,616,632,477 $106,611,673,365
2017 $528,356,723,263 $95,978,130,735
2016 $473,259,623,976 $90,347,173,229
2015 $480,054,118,583 $89,178,548,717
2014 $542,134,167,179 $101,713,075,599
2013 $518,179,836,405 $99,134,277,850
2012 $498,148,649,703 $94,724,394,278
2011 $527,848,543,023 $99,705,104,723
2010 $478,111,630,684 $91,112,160,801
2009 $440,891,472,247 $89,342,984,698
2008 $535,612,030,672 $96,685,492,864
2007 $429,715,132,138 $77,019,443,089
2006 $345,897,630,736 $57,111,148,619
2005 $306,999,913,151 $48,823,790,951
2004 $256,268,656,145 $42,960,730,480
2003 $218,561,225,998 $33,761,723,946
2002 $199,694,463,256 $24,768,142,566
2001 $191,823,200,371 $21,377,597,035
2000 $172,953,527,033 $20,626,538,612
1999 $170,704,452,715 $20,813,421,086
1998 $175,282,269,667 $22,911,708,405
1997 $159,893,964,917 $22,026,728,498
1996 $160,813,026,223 $21,864,845,214
1995 $142,838,527,115 $20,306,095,054
1994 $110,803,635,288 $16,187,735,322
1993 $96,043,157,273 $13,991,963,247
1992 $94,337,050,693 $12,932,972,789
1991 $85,500,935,935 $11,952,983,608
1990 $65,977,748,211 $17,068,924,602

Data sources: World Bank | Economy & Growth (1990–2025, retrieved 2026-07-08).

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

GDP per capita in Poland vs Slovakia by year

Poland
GDP per capita

GDP per capita, PPP
Slovakia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Poland Slovakia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $28,420 - $28,544 -
2024 $25,104 $51,263 $25,993 $48,132
2023 $22,145 $48,473 $24,615 $45,974
2022 $18,891 $46,778 $21,318 $41,562
2021 $18,636 $41,060 $22,123 $38,346
2020 $16,151 $37,089 $19,735 $35,328
2019 $15,875 $35,882 $19,406 $33,986
2018 $15,658 $32,345 $19,573 $31,510
2017 $13,913 $30,170 $17,646 $30,246
2016 $12,464 $28,360 $16,636 $29,868
2015 $12,638 $26,988 $16,442 $30,148
2014 $14,262 $25,460 $18,771 $29,108
2013 $13,622 $24,434 $18,313 $28,075
2012 $13,087 $23,728 $17,517 $27,023
2011 $13,868 $22,809 $18,469 $26,202
2010 $12,568 $20,991 $16,899 $25,382
2009 $11,556 $19,300 $16,587 $23,077
2008 $14,049 $18,372 $17,974 $23,714
2007 $11,273 $16,833 $14,330 $21,232
2006 $9,069 $15,205 $10,629 $18,906
2005 $8,044 $13,936 $9,087 $16,570
2004 $6,712 $13,413 $7,997 $15,166
2003 $5,721 $12,329 $6,283 $14,088
2002 $5,223 $11,841 $4,606 $13,292
2001 $5,015 $11,175 $3,974 $12,367
2000 $4,521 $10,721 $3,828 $11,370
1999 $4,416 $10,081 $3,857 $10,726
1998 $4,534 $9,521 $4,250 $10,666
1997 $4,137 $8,967 $4,092 $10,137
1996 $4,164 $8,310 $4,069 $9,500
1995 $3,701 $7,715 $3,787 $8,812
1994 $2,875 $7,040 $3,028 $8,178
1993 $2,497 $6,560 $2,627 $7,569
1992 $2,459 $6,193 $2,438 $7,270
1991 $2,236 $5,925 $2,254 $7,623
1990 $1,731 $6,185 $3,221 $8,638

Data sources: World Bank | Economy & Growth (1990–2025, retrieved 2026-07-08).

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

Poland's GDP per capita is $28,420, ranking 47/197, compared to $28,544 in Slovakia, ranking 46/197. Adjusted for purchasing power (GDP per capita PPP), Poland ranks 43rd at $51,263, while Slovakia ranks 49th at $48,132.

Economic indicators

Poland Slovakia
Gross domestic product
$1.04T
2025
$155B
2025
GDP rank
21/197
2025
60/197
2025
GDP growth
3.57%
2024-2025
0.81%
2024-2025
GDP per capita
$28,420
2025
$28,544
2025
GDP per capita rank
47/197
2025
46/197
2025
GDP per capita, PPP
$51,263
2024
$48,132
2024
GDP per capita PPP rank
43/197
2024
49/197
2024
Government debt
$609B
2025
$95.3B
2025
Debt-to-GDP ratio
58.8%
2025
61.6%
2025
Government debt per person
$16,712
2025
$17,597
2025
Government debt per person rank
39/185
2025
36/185
2025
Average annual personal income after taxes
$20,616
2026
$17,518
2026
Market capitalization of domestic companies
$316B
2025
$5.38B
2014
Number of millionaires
101,000
2026
n/a
Number of billionaires
10
2026
2
2026
Income share by richest 10%
22.9%
2023
18.8%
2023
Income share by poorest 10%
3.3%
2023
3.3%
2023
Government expenditure, % of GDP
50%
2025
48.7%
2025
Consumer prices inflation
3.81%
2024-2025
4%
2024-2025
Central bank interest rate
3.75%
2026
n/a
Unemployment rate
3.02%
2025
5.4%
2025
Population
36007074
5376239

Spending and national debt comparison by year

Poland
Spending

Debt
Slovakia
Spending

Debt
1x
Year % of GDP
Poland Slovakia
Government spending Government debt Government spending Government debt
2025 50% 58.8% 48.7% 61.6%
2024 49.4% 55.1% 47.5% 59.7%
2023 46.9% 49.5% 48.2% 55.8%
2022 43.2% 48.8% 43.1% 57.8%
2021 43.6% 53% 44.8% 60.2%
2020 47.7% 56.6% 44.5% 58.4%
2019 41.4% 45.2% 40.6% 48%
2018 41% 48.2% 39.7% 49.3%
2017 41.1% 50.4% 39.8% 51.4%
2016 41.1% 54.1% 40.9% 52.1%
2015 41.5% 51.1% 44.1% 51.6%
2014 42.7% 51.1% 42% 53.4%
2013 43.2% 56.9% 41.1% 54.6%
2012 43.2% 54.5% 40% 51.7%
2011 44.1% 54.8% 40.8% 43.3%
2010 46% 53.7% 41% 40.7%
2009 44.9% 49.7% 43.2% 36.4%
2008 44% 46.6% 36.5% 28.6%
2007 42.8% 44.4% 35.9% 30.4%
2006 44.3% 47.1% 38.2% 31.5%
2005 44.1% 46.5% 39.1% 35%
2004 43.4% 45% 38.4% 42%
2003 45.3% 46.2% 40% 43.6%
2002 44.9% 41.4% 46% 45.6%
2001 44.6% 37% 46.2% 51.4%
2000 42.9% 36.3% 53.2% 50.6%
1999 42.4% 39.2% 48.4% 47.1%
1998 43.9% 38.6% 46.2% 33.9%
1997 46% 42.6% 48.6% 32.8%
1996 50.6% 43% 52.8% 30.3%
1995 47.3% 48.6% 47.8% 21.3%
1994 - 64.3% - -
1993 - 83.9% - -
1992 - 81.9% - -
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 (1960–1994, retrieved 2026-07-08).

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

In 2025, Poland's government spending was $517B, accounting for 50% of its GDP, while Slovakia spent $75.3B, or 48.7% of GDP.

Debt-to-GDP ratio is 58.8% in Poland and 61.6% in Slovakia, ranking 81/185 and 74/185, respectively.

Government deficit by year

Deficit/surplus
Poland

Slovakia
1x
Year Deficit/surplus, % of GDP
Poland Slovakia
2025 -7.01% -5.02%
2024 -6.48% -5.5%
2023 -5.2% -5.3%
2022 -3.37% -1.56%
2021 -1.68% -5.09%
2020 -6.85% -5.3%
2019 -0.73% -1.21%
2018 -0.24% -1.01%
2017 -1.49% -0.98%
2016 -2.38% -2.59%
2015 -2.59% -2.78%
2014 -3.66% -3.25%
2013 -4.25% -2.86%
2012 -3.8% -4.37%
2011 -4.97% -4.36%
2010 -7.43% -7.44%
2009 -7.24% -8.18%
2008 -3.6% -2.54%
2007 -1.88% -2.26%
2006 -3.53% -3.57%
2005 -3.93% -2.86%
2004 -5% -2.36%
2003 -6% -2.28%
2002 -4.79% -8.35%
2001 -4.71% -7.74%
2000 -3.98% -12.7%
1999 -2.29% -7.25%
1998 -4.24% -5.37%
1997 -4.59% -6.24%
1996 -4.82% -9.72%
1995 -4.38% -3.43%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/poland/slovakia | 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 Slovakia's deficit of $7.75B, or 5.02% of GDP.

Over the past 31 years, Poland recorded a fiscal deficit in 31 of those years, while Slovakia ran a deficit in 31 years. On average, Poland posted an annual deficit equal to 4.1% of GDP, compared to deficit of 4.63% of GDP for Slovakia.

Inflation comparison by year

Inflation
Poland

Slovakia
1x
Year Consumer prices inflation
Poland Slovakia
2025 3.81% 4%
2024 3.79% 2.76%
2023 11.5% 10.5%
2022 14.4% 12.8%
2021 5.06% 3.15%
2020 3.37% 1.94%
2019 2.23% 2.66%
2018 1.81% 2.51%
2017 2.08% 1.31%
2016 -0.66% -0.52%
2015 -0.87% -0.33%
2014 0.05% -0.08%
2013 0.99% 1.4%
2012 3.56% 3.61%
2011 4.24% 3.92%
2010 2.58% 0.96%
2009 3.8% 1.62%
2008 4.16% 4.6%
2007 2.46% 2.76%
2006 1.28% 4.48%
2005 2.18% 2.71%
2004 3.38% 7.55%
2003 0.68% 8.55%
2002 1.91% 3.13%
2001 5.41% 7.33%
2000 9.9% 12%
1999 7.15% 10.6%
1998 11.6% 6.67%
1997 14.9% 6.14%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Poland has recorded an average annual inflation rate of 4.37%, compared with 4.44% in Slovakia. In 2025, inflation was 3.81% in Poland and 4% in Slovakia.

Top exports between countries

Poland
Export category Export value
Machinery & equipment $4.13B
Textiles & consumer goods $1.4B
Metals $1.38B
Raw materials & minerals $1.24B
Chemicals & pharma $1.16B
Transport & tourism services $923M
Processed food, beverages & tobacco $763M
Animal & marine products $500M
Wood & paper products $393M
Business & finance services $166M
Slovakia
Export category Export value
Machinery & equipment $5.18B
Metals $1.54B
Textiles & consumer goods $547M
Processed food, beverages & tobacco $540M
Chemicals & pharma $508M
Raw materials & minerals $437M
Transport & tourism services $394M
Wood & paper products $303M
Raw agricultural goods $184M
Animal & marine products $167M

Balance of trade

Poland Slovakia
Current account balance
-$9.05B
2025
-$5.6B
2025
Current account balance ranking
172/190
2025
165/190
2025
Current account balance, % of GDP
-0.87%
2025
-3.63%
2025
Goods imports
$406B
2025
$117B
2025
Goods exports
$390B
2025
$117B
2025
Service imports
$86.5B
2025
$14.3B
2025
Service exports
$131B
2025
$14.7B
2025
Imports of goods and services, % of GDP
47.1%
2025
85.2%
2025
Exports of goods and services, % of GDP
50%
2025
85.1%
2025

Economic freedom indices

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

Poland Slovakia
Economic freedom 68.5 67.7
Economic freedom ranking 46/197 54/197
Property rights 71.8 82.6
Government integrity 60.7 57.2
Judicial effectiveness 62.5 70.5
Tax burden 72.7 75.4
Government spending 35.1 36.4
Fiscal health 74.8 69.6
Business freedom 77.5 71.1
Labor freedom 53.7 55.1
Monetary freedom 73.8 69.7
Trade freedom 79.4 79.4
Investment freedom 80 75
Financial freedom 80 70

Economic freedom comparison by year

Poland
Slovakia
1x
Year Economic freedom index
Poland Slovakia
2026 68.5 67.7
2025 67.1 68.4
2024 66 68.1
2023 67.7 69
2022 68.7 69.7
2021 69.7 66.3
2020 69.1 66.8
2019 67.8 65
2018 68.5 65.3
2017 68.3 65.7
2016 69.3 66.6
2015 68.6 67.2
2014 67 66.4
2013 66 68.7
2012 64.2 67
2011 64.1 69.5
2010 63.2 69.7
2009 60.3 69.4
2008 60.3 70
2007 58.1 69.6
2006 59.3 69.8
2005 59.6 66.8
2004 58.7 64.6
2003 61.8 59
2002 65 59.8
2001 61.8 58.5
2000 60 53.8
1999 59.6 54.2
1998 59.2 57.5
1997 56.8 55.5
1996 57.8 57.6
1995 50.7 60.4

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

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

The Economic Freedom Index for Poland is 68.5, ranking 46/197, compared to 67.7 for Slovakia, ranking 54/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Poland Slovakia
Services, % of GDP
59.7%
2025
59.8%
2025
Industry, % of GDP
25.8%
2025
28.1%
2025
Agriculture, forestry, and fishing, % of GDP
2.45%
2025
1.59%
2025
GNI, Atlas method
$930B
2025
$143B
2025
GNI per capita, PPP
$52,290
2025
$47,920
2025
Total reserves including gold
$272B
2025
$18.2B
2025
Total reserves ranking
16/177
2025
69/177
2025
Net foreign direct investment
-$11.7B
2025
-$198M
2025
Net inflows of foreign direct investment
$20.6B
2024
$5.01B
2024
Net outflows of foreign direct investment
$10B
2024
$2.24B
2024
Poverty at national poverty lines
13.3%
2024
13.7%
2021
Gross capital formation, % of GDP
17.9%
2025
20.1%
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/slovakia | CC BY

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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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-07-08)
  6. TradeMap (2024–2025, 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.

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.