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Economy of Poland vs Switzerland compared: GDP & Debt

Updated on by Georank team

Poland has a GDP of $918B compared to $937B for Switzerland, ranking 21/197 and 20/197 by economy size, respectively.

Poland has $507B in government debt (55.3% of GDP), compared to $351B (37.5% of GDP) in Switzerland.

Poland vs Switzerland GDP by year

Poland
Switzerland
1x
Year GDP, current $
Poland Switzerland
2024 $917,767,106,147 $936,564,198,049
2023 $812,451,193,396 $894,424,821,645
2022 $695,607,470,875 $828,508,926,958
2021 $689,170,230,665 $815,309,330,987
2020 $605,914,237,904 $741,999,406,006
2019 $602,683,770,145 $721,369,112,727
2018 $594,616,687,350 $725,568,717,468
2017 $528,356,676,667 $695,200,833,086
2016 $473,259,583,970 $687,895,460,903
2015 $480,054,118,583 $694,118,186,380
2014 $542,134,167,179 $726,537,808,338
2013 $518,179,836,405 $706,234,937,371
2012 $498,148,649,703 $686,420,221,558
2011 $527,848,543,023 $715,888,126,682
2010 $478,111,630,684 $598,851,028,907
2009 $440,891,472,247 $554,212,916,092
2008 $535,612,030,672 $567,267,767,519
2007 $429,715,132,138 $490,740,715,595
2006 $345,897,630,736 $441,634,672,197
2005 $306,999,913,151 $418,284,865,885
2004 $256,268,656,145 $403,912,891,033
2003 $218,561,225,998 $362,075,086,508
2002 $199,694,463,256 $309,301,422,430
2001 $191,823,200,371 $286,582,672,434
2000 $172,953,527,033 $279,216,033,870
1999 $170,704,452,715 $297,873,643,323
1998 $175,282,269,667 $303,459,014,347
1997 $159,893,964,917 $294,788,198,856
1996 $160,813,026,223 $340,103,959,547
1995 $142,838,527,115 $352,835,806,342
1994 $110,803,635,288 $301,375,055,202
1993 $96,043,157,273 $272,237,527,071
1992 $94,337,050,693 $279,921,425,828
1991 $85,500,935,935 $268,901,693,863
1990 $65,977,748,211 $265,763,573,999
1989 - $208,105,846,934
1988 - $215,540,625,299
1987 - $199,236,370,038
1986 - $159,089,921,063
1985 - $110,980,314,192
1984 - $109,455,312,168
1983 - $114,634,358,535
1982 - $115,043,365,512
1981 - $112,244,805,519
1980 - $122,557,843,886
1979 - $114,970,094,425
1978 - $102,280,472,036
1977 - $73,135,771,167
1976 - $68,476,524,644
1975 - $65,466,081,819
1974 - $57,103,011,446
1973 - $49,550,006,320
1972 - $36,844,318,854
1971 - $30,040,171,751
1970 - $24,998,066,773
1969 - $22,442,043,274
1968 - $20,712,102,794
1967 - $19,397,044,714
1966 - $18,019,402,374
1965 - $16,780,226,225
1964 - $15,833,133,858
1963 - $14,283,872,299
1962 - $12,989,649,694
1961 - $11,713,348,834
1960 - $10,412,232,621

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Poland vs Switzerland by year

Poland
GDP per capita

GDP per capita, PPP
Switzerland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Poland Switzerland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $25,104 $51,263 $103,998 $96,498
2023 $22,145 $48,473 $100,624 $95,142
2022 $18,891 $46,778 $94,395 $94,421
2021 $18,636 $41,060 $93,665 $81,001
2020 $16,151 $37,089 $85,898 $72,998
2019 $15,875 $35,882 $84,122 $73,732
2018 $15,658 $32,345 $85,217 $70,689
2017 $13,913 $30,170 $82,254 $68,194
2016 $12,464 $28,360 $82,153 $67,351
2015 $12,638 $26,988 $83,806 $65,265
2014 $14,262 $25,460 $88,725 $63,417
2013 $13,622 $24,434 $87,304 $61,656
2012 $13,087 $23,728 $85,836 $59,441
2011 $13,868 $22,809 $90,477 $57,494
2010 $12,568 $20,991 $76,531 $54,426
2009 $11,556 $19,300 $71,568 $52,999
2008 $14,049 $18,372 $74,175 $53,809
2007 $11,273 $16,833 $64,989 $50,928
2006 $9,069 $15,205 $59,011 $46,266
2005 $8,044 $13,936 $56,243 $41,525
2004 $6,712 $13,413 $54,659 $40,171
2003 $5,721 $12,329 $49,336 $38,732
2002 $5,223 $11,841 $42,459 $38,705
2001 $5,015 $11,175 $39,639 $37,819
2000 $4,521 $10,721 $38,865 $36,703
1999 $4,416 $10,081 $41,696 $34,743
1998 $4,534 $9,521 $42,681 $33,860
1997 $4,137 $8,967 $41,584 $32,736
1996 $4,164 $8,310 $48,093 $31,509
1995 $3,701 $7,715 $50,114 $30,842
1994 $2,875 $7,040 $43,092 $30,265
1993 $2,497 $6,560 $39,237 $29,495
1992 $2,459 $6,193 $40,714 $29,113
1991 $2,236 $5,925 $39,544 $28,792
1990 $1,731 $6,185 $39,575 $28,461
1989 - - $31,309 -
1988 - - $32,690 -
1987 - - $30,441 -
1986 - - $24,460 -
1985 - - $17,152 -
1984 - - $16,991 -
1983 - - $17,859 -
1982 - - $18,000 -
1981 - - $17,665 -
1980 - - $19,394 -
1979 - - $18,266 -
1978 - - $16,282 -
1977 - - $11,644 -
1976 - - $10,865 -
1975 - - $10,328 -
1974 - - $9,005 -
1973 - - $7,856 -
1972 - - $5,885 -
1971 - - $4,835 -
1970 - - $4,044 -
1969 - - $3,657 -
1968 - - $3,413 -
1967 - - $3,237 -
1966 - - $3,045 -
1965 - - $2,865 -
1964 - - $2,735 -
1963 - - $2,508 -
1962 - - $2,330 -
1961 - - $2,155 -
1960 - - $1,954 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Poland's GDP per capita is $25,104, ranking 48/197, compared to $103,998 in Switzerland, ranking 5/197. Adjusted for purchasing power (GDP per capita PPP), Poland ranks 43rd at $51,263, while Switzerland ranks 8th at $96,498.

Economic indicators

Poland Switzerland
Gross domestic product
$918B
2024
$937B
2024
GDP rank
21/197
2024
20/197
2024
GDP growth
3.03%
2023-2024
1.3%
2023-2024
GDP per capita
$25,104
2024
$103,998
2024
GDP per capita rank
48/197
2024
5/197
2024
GDP per capita, PPP
$51,263
2024
$96,498
2024
GDP per capita PPP rank
43/197
2024
8/197
2024
Government debt
$507B
2024
$351B
2024
Debt-to-GDP ratio
55.3%
2024
37.5%
2024
Government debt per person
$13,874
2024
$39,021
2024
Government debt per person rank
41/185
2024
15/185
2024
Average annual personal income after taxes
$20,736
2026
$85,867
2026
Market capitalization of domestic companies
$197B
2024
$1.97T
2024
Number of millionaires n/a
1,119,000
2025
Number of billionaires
10
2025
42
2025
Income share by richest 10%
22.9%
2023
26.6%
2022
Income share by poorest 10%
3.3%
2023
2.9%
2022
Government expenditure, % of GDP
49.4%
2024
31.9%
2024
Consumer prices inflation
3.78%
2023-2024
1.06%
2023-2024
Central bank interest rate
4%
2025
0%
2025
Unemployment rate
2.81%
2024
4.34%
2024
Population
35806942
9107866

Spending and national debt comparison by year

Poland
Spending

Debt
Switzerland
Spending

Debt
1x
Year % of GDP
Poland Switzerland
Government spending Government debt Government spending Government debt
2024 49.4% 55.3% 31.9% 37.5%
2023 46.9% 49.5% 32.1% 38.7%
2022 43.2% 48.8% 31.6% 37.2%
2021 43.6% 53% 34.4% 41%
2020 47.7% 56.6% 37% 43.2%
2019 41.4% 45.2% 32% 39.6%
2018 41% 48.2% 31.7% 39.8%
2017 41.1% 50.4% 32.4% 41.8%
2016 41.1% 54.1% 32.4% 40.9%
2015 41.5% 51.1% 32.5% 42.2%
2014 42.7% 51.1% 32.2% 42.1%
2013 43.2% 56.9% 32.5% 41.9%
2012 43.2% 54.5% 31.7% 42.6%
2011 44.1% 54.8% 31.4% 41.9%
2010 46% 53.7% 31.4% 41.5%
2009 44.9% 49.7% 31.8% 43.1%
2008 44% 46.6% 30% 44.8%
2007 42.8% 44.4% 29.4% 44.8%
2006 44.3% 47.1% 30.5% 48.5%
2005 44.1% 46.5% 32.4% 54.9%
2004 43.3% 44.9% 33.1% 57.8%
2003 45.5% 46.4% 33.2% 56.9%
2002 45.1% 41.6% 34.1% 57.7%
2001 44.7% 37.2% 31.6% 51.1%
2000 43.1% 36.4% 32.2% 52.2%
1999 42.5% 39.4% 33.2% 52.7%
1998 44% 38.7% 32.7% 55.9%
1997 46.1% 42.7% 32.9% 53.7%
1996 50.7% 43.2% 33% 51.3%
1995 47.5% 48.7% 32.4% 50%
1994 - 64.3% 32.5% 47.1%
1993 - 83.9% 32.5% 44.4%
1992 - 81.9% 31.3% 39.5%
1991 - 76.9% 29.5% 35.1%
1990 - 89.7% 27.6% 33.3%
1989 - - 30% 32.5%
1988 - - 30.3% 35%
1987 - - 29.8% 36.5%
1986 - - 29.8% 37.6%
1985 - - 30.1% 39.1%
1984 - - 30.4% 39.8%
1983 - - 31.2% 40.2%
1982 - - 30.5% 40%
1981 - - 29.4% 40.8%
1980 - - 29.9% 43.9%
1979 35.6% - 30.5% 44.6%
1978 35.8% - 30.4% 46.6%
1977 35.6% - 31% 46.9%
1976 34.8% - 31.6% 46.7%
1975 34.1% - 29.3% 42.3%
1974 28.6% - 27.5% 38.4%
1973 24.5% - 26.5% 37%
1972 24.1% - 25.7% 38%
1971 24.1% - 25.4% 38.7%
1970 25.8% - 25.8% 38.9%
1969 26.3% - 9.45% 7.08%
1968 27.3% - 8.87% 6.99%
1967 29.6% - 8.68% 7.26%
1966 31.7% - 8.95% 7.62%
1965 31.8% - 8.33% 8.28%
1964 33.5% - 8.85% 9.43%
1963 33.3% - 8.2% 10.8%
1962 43% - 8.1% 12%
1961 42.8% - 7.97% 14%
1960 39.2% - 7.11% 16.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-02-20).

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

In 2024, Poland's government spending was $453B, accounting for 49.4% of its GDP, while Switzerland spent $299B, or 31.9% of GDP.

Debt-to-GDP ratio is 55.3% in Poland and 37.5% in Switzerland, ranking 95/185 and 141/185, respectively.

Government deficit by year

Deficit/surplus
Poland

Switzerland
1x
Year Deficit/surplus, % of GDP
Poland Switzerland
2024 -6.59% 0.58%
2023 -5.27% 0.12%
2022 -3.44% 1.19%
2021 -1.75% -0.29%
2020 -6.85% -3.01%
2019 -0.73% 1.34%
2018 -0.24% 1.29%
2017 -1.49% 1.13%
2016 -2.38% 0.24%
2015 -2.59% 0.55%
2014 -3.66% -0.25%
2013 -4.25% -0.43%
2012 -3.8% 0.24%
2011 -4.97% 0.68%
2010 -7.43% 0.35%
2009 -7.24% 0.5%
2008 -3.6% 1.93%
2007 -1.88% 1.57%
2006 -3.53% 0.85%
2005 -3.93% -0.65%
2004 -4.99% -1.39%
2003 -6.02% -1.36%
2002 -4.8% -1.75%
2001 -4.73% 0.21%
2000 -4% 0.28%
1999 -2.3% -1.57%
1998 -4.25% -1.31%
1997 -4.61% -2.33%
1996 -4.84% -2.01%
1995 -4.39% -1.86%
1994 - -2.59%
1993 - -3.15%
1992 - -2.96%
1991 - -1.85%
1990 - -0.05%
1989 - 0.2%
1988 - 0.42%
1987 - 0.78%
1986 - 0.93%
1985 - -0.25%
1984 - -0.52%
1983 - -1.23%
1982 - -1.21%
1981 - -0.54%
1980 - -1.34%
1979 - -1.79%
1978 - -1.12%
1977 - -1.64%
1976 - -1.89%
1975 - -0.93%
1974 - -1.01%
1973 - -0.93%
1972 - -1.39%
1971 - -1.41%
1970 - -1.44%
1969 - -0.98%
1968 - -0.73%
1967 - -1.07%
1966 - -0.87%
1965 - 0.05%
1964 - 0.77%
1963 - 0.25%
1962 - 0.95%
1961 - 0.34%
1960 - 1.95%
1959 - 0.72%
1958 - 0.59%
1957 - 0.66%
1956 - 2.24%
1955 - 1.1%
1954 - 1.44%
1953 - 0.38%
1952 - -1.17%
1951 - -0.36%
1950 - 1.49%
1949 - 0.04%
1948 - 1.37%
1947 - 1.27%
1946 - 0.52%
1945 - -7.57%
1944 - -9.37%
1943 - -8.55%
1942 - -7.28%
1941 - -8.78%
1940 - -10%
1939 - -5.05%
1938 - -1.53%
1937 - -0.17%
1936 - -0.33%
1935 - -0.23%
1934 - -0.33%
1933 - -0.88%
1932 - -0.3%
1931 - 0.03%
1930 - 0.07%
1929 - 0.22%
1928 - -
1927 - -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -0.12%
1912 - 0.03%
1911 - -0.006%
1910 - -0.14%
1909 - -0.78%
1908 - -0.1%
1907 - -0.02%
1906 - 0.15%
1905 - 0.41%
1904 - 0.002%
1903 - 0.09%
1902 - 0.02%
1901 - -0.14%
1900 - -0.07%
1899 - 0.1%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1899–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Poland's government deficit, the difference between spending and revenue, was $60.4B, equivalent to 6.59% of GDP. This compares to Switzerland's surplus of $5.4B, or 0.58% of GDP.

Over the past 30 years, Poland recorded a fiscal deficit in 30 of those years, while Switzerland ran a deficit in 13 years. On average, Poland posted an annual deficit equal to 4.02% of GDP, compared to deficit of 0.17% of GDP for Switzerland.

Inflation comparison by year

Inflation
Poland

Switzerland
1x
Year Consumer prices inflation
Poland Switzerland
2024 3.78% 1.06%
2023 11.5% 2.14%
2022 14.4% 2.84%
2021 5.06% 0.58%
2020 3.37% -0.73%
2019 2.23% 0.36%
2018 1.81% 0.94%
2017 2.08% 0.53%
2016 -0.66% -0.43%
2015 -0.87% -1.14%
2014 0.05% -0.01%
2013 0.99% -0.22%
2012 3.56% -0.69%
2011 4.24% 0.23%
2010 2.58% 0.69%
2009 3.8% -0.48%
2008 4.16% 2.43%
2007 2.46% 0.73%
2006 1.28% 1.06%
2005 2.18% 1.17%
2004 3.38% 0.8%
2003 0.68% 0.64%
2002 1.91% 0.64%
2001 5.41% 0.99%
2000 9.9% 1.56%
1999 7.15% 0.81%
1998 11.6% 0.02%
1997 14.9% 0.52%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Poland has recorded an average annual inflation rate of 4.39%, compared with 0.61% in Switzerland. In 2024, inflation was 3.78% in Poland and 1.06% in Switzerland.

Top exports between countries

Poland
Export category Export value
Machinery & equipment $1.89B
Textiles & consumer goods $1.1B
Chemicals & pharma $370M
Business & finance services $356M
Processed food, beverages & tobacco $347M
Metals $341M
Precious metals & jewellery $208M
Wood & paper products $184M
Transport & tourism services $96.5M
Animal & marine products $79M
Switzerland
Export category Export value
Chemicals & pharma $1.28B
Machinery & equipment $1.23B
IT & IP services $388M
Textiles & consumer goods $356M
Metals $174M
Precious metals & jewellery $171M
Transport & tourism services $169M
Business & finance services $153M
Raw materials & minerals $96.1M
Wood & paper products $72.3M

Balance of trade

Poland Switzerland
Current account balance
$2.8B
2024
$72B
2024
Current account balance ranking
40/190
2024
10/190
2024
Current account balance, % of GDP
+0.3%
2024
+7.69%
2024
Goods imports
$367B
2024
$371B
2024
Goods exports
$361B
2024
$502B
2024
Service imports
$74.9B
2024
$203B
2024
Service exports
$118B
2024
$186B
2024
Imports of goods and services, % of GDP
48.2%
2024
61.9%
2024
Exports of goods and services, % of GDP
52.2%
2024
72.2%
2024

Economic freedom indices

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

Poland Switzerland
Economic freedom 68.5 83.7
Economic freedom ranking 46/197 2/197
Property rights 71.8 94.4
Government integrity 60.7 93.3
Judicial effectiveness 62.5 98.3
Tax burden 72.7 70.9
Government spending 35.1 69.5
Fiscal health 74.8 97.2
Business freedom 77.5 86.3
Labor freedom 53.7 60
Monetary freedom 73.8 82.3
Trade freedom 79.4 87
Investment freedom 80 85
Financial freedom 80 80

Economic freedom comparison by year

Poland
Switzerland
1x
Year Economic freedom index
Poland Switzerland
2026 68.5 83.7
2025 67.1 83.7
2024 66 83
2023 67.7 83.8
2022 68.7 84.2
2021 69.7 81.9
2020 69.1 82
2019 67.8 81.9
2018 68.5 81.7
2017 68.3 81.5
2016 69.3 81
2015 68.6 80.5
2014 67 81.6
2013 66 81
2012 64.2 81.1
2011 64.1 81.9
2010 63.2 81.1
2009 60.3 79.4
2008 60.3 79.5
2007 58.1 78
2006 59.3 78.9
2005 59.6 79.3
2004 58.7 79.5
2003 61.8 79
2002 65 79.3
2001 61.8 76
2000 60 76.8
1999 59.6 79.1
1998 59.2 79
1997 56.8 78.6
1996 57.8 76.8
1995 50.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Poland is 68.5, ranking 46/197, compared to 83.7 for Switzerland, ranking 2/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Poland Switzerland
Services, % of GDP
59.1%
2024
72%
2024
Industry, % of GDP
27.2%
2024
24.7%
2024
Agriculture, forestry, and fishing, % of GDP
2.54%
2024
0.63%
2024
GNI, Atlas method
$789B
2024
$857B
2024
GNI per capita, PPP
$49,540
2024
$93,420
2024
Total reserves including gold
$223B
2024
$909B
2024
Total reserves ranking
17/177
2024
4/177
2024
Net foreign direct investment
-$10.6B
2024
$59.7B
2024
Net inflows of foreign direct investment
$20.6B
2024
-$108B
2024
Net outflows of foreign direct investment
$10B
2024
-$27.9B
2024
Poverty at national poverty lines
13.3%
2024
15.8%
2021
Gross capital formation, % of GDP
17.8%
2024
27%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1899–1994, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.