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Economy of Poland vs Turkey compared: GDP & Debt

Updated on by Georank team

Poland has a GDP of $918B compared to $1.36T for Turkey, ranking 21/197 and 17/197 by economy size, respectively.

Poland has $507B in government debt (55.3% of GDP), compared to $327B (24% of GDP) in Turkey.

Poland vs Turkey GDP by year

Poland
Turkey
1x
Year GDP, current $
Poland Turkey
2024 $917,767,106,147 $1,359,123,768,774
2023 $812,451,193,396 $1,141,242,864,657
2022 $695,607,470,875 $926,097,476,914
2021 $689,170,230,665 $839,938,668,172
2020 $605,914,237,904 $733,628,247,119
2019 $602,683,770,145 $775,853,144,223
2018 $594,616,687,350 $788,356,985,774
2017 $528,356,676,667 $863,874,522,365
2016 $473,259,583,970 $870,818,016,910
2015 $480,054,118,583 $865,460,050,684
2014 $542,134,167,179 $942,343,431,929
2013 $518,179,836,405 $962,167,643,589
2012 $498,148,649,703 $885,327,622,479
2011 $527,848,543,023 $844,192,507,381
2010 $478,111,630,684 $782,545,664,268
2009 $440,891,472,247 $653,894,449,921
2008 $535,612,030,672 $775,415,944,333
2007 $429,715,132,138 $685,228,481,017
2006 $345,897,630,736 $559,668,118,237
2005 $306,999,913,151 $508,314,210,213
2004 $256,268,656,145 $410,156,784,496
2003 $218,561,225,998 $315,392,899,922
2002 $199,694,463,256 $240,778,008,474
2001 $191,823,200,371 $202,195,080,239
2000 $172,953,527,033 $274,748,463,179
1999 $170,704,452,715 $256,673,939,248
1998 $175,282,269,667 $276,035,372,655
1997 $159,893,964,917 $263,817,553,748
1996 $160,813,026,223 $250,366,965,174
1995 $142,838,527,115 $234,699,627,004
1994 $110,803,635,288 $130,650,447,499
1993 $96,043,157,273 $180,415,757,852
1992 $94,337,050,693 $159,104,772,992
1991 $85,500,935,935 $151,034,731,544
1990 $65,977,748,211 $150,655,500,192
1989 - $107,127,191,329
1988 - $90,875,175,809
1987 - $87,190,081,680
1986 - $75,673,037,037
1985 - $67,232,758,621
1984 - $59,937,602,180
1983 - $61,803,555,556
1982 - $64,369,325,153
1981 - $71,180,180,180
1980 - $68,823,684,211
1979 - $89,616,129,032
1978 - $65,912,500,000
1977 - $58,683,333,333
1976 - $51,450,000,000
1975 - $46,042,857,143
1974 - $35,414,285,714
1973 - $26,000,000,000
1972 - $20,650,000,000
1971 - $16,166,666,667
1970 - $17,863,636,364
1969 - $19,466,666,667
1968 - $17,500,000,000
1967 - $15,644,444,444
1966 - $14,100,000,000
1965 - $11,966,666,667
1964 - $11,177,777,778
1963 - $10,355,555,556
1962 - $8,922,222,222
1961 - $7,988,888,889
1960 - $7,566,666,667

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

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

GDP per capita in Poland vs Turkey by year

Poland
GDP per capita

GDP per capita, PPP
Turkey
GDP per capita

GDP per capita, PPP
1x
Year Current $
Poland Turkey
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $25,104 $51,263 $15,893 $45,639
2023 $22,145 $48,473 $13,375 $42,786
2022 $18,891 $46,778 $10,898 $39,564
2021 $18,636 $41,060 $9,982 $32,106
2020 $16,151 $37,089 $8,798 $29,209
2019 $15,875 $35,882 $9,395 $29,016
2018 $15,658 $32,345 $9,684 $28,640
2017 $13,913 $30,170 $10,756 $28,354
2016 $12,464 $28,360 $10,984 $26,731
2015 $12,638 $26,988 $11,065 $25,890
2014 $14,262 $25,460 $12,209 $24,193
2013 $13,622 $24,434 $12,636 $22,475
2012 $13,087 $23,728 $11,777 $20,739
2011 $13,868 $22,809 $11,374 $19,717
2010 $12,568 $20,991 $10,699 $17,466
2009 $11,556 $19,300 $9,077 $15,560
2008 $14,049 $18,372 $10,913 $16,142
2007 $11,273 $16,833 $9,767 $14,951
2006 $9,069 $15,205 $7,990 $13,555
2005 $8,044 $13,936 $7,332 $11,803
2004 $6,712 $13,413 $5,980 $10,759
2003 $5,721 $12,329 $4,650 $9,474
2002 $5,223 $11,841 $3,591 $9,154
2001 $5,015 $11,175 $3,052 $9,014
2000 $4,521 $10,721 $4,199 $9,326
1999 $4,416 $10,081 $3,974 $8,470
1998 $4,534 $9,521 $4,331 $8,763
1997 $4,137 $8,967 $4,197 $11,514
1996 $4,164 $8,310 $4,041 $10,624
1995 $3,701 $7,715 $3,846 $9,962
1994 $2,875 $7,040 $2,176 $9,253
1993 $2,497 $6,560 $3,058 $9,751
1992 $2,459 $6,193 $2,744 $8,969
1991 $2,236 $5,925 $2,649 $8,418
1990 $1,731 $6,185 $2,690 $8,208
1989 - - $1,949 -
1988 - - $1,686 -
1987 - - $1,650 -
1986 - - $1,461 -
1985 - - $1,326 -
1984 - - $1,209 -
1983 - - $1,276 -
1982 - - $1,360 -
1981 - - $1,537 -
1980 - - $1,516 -
1979 - - $2,013 -
1978 - - $1,510 -
1977 - - $1,372 -
1976 - - $1,228 -
1975 - - $1,122 -
1974 - - $881 -
1973 - - $661 -
1972 - - $537 -
1971 - - $431 -
1970 - - $488 -
1969 - - $544 -
1968 - - $501 -
1967 - - $459 -
1966 - - $425 -
1965 - - $370 -
1964 - - $354 -
1963 - - $337 -
1962 - - $298.2 -
1961 - - $274.4 -
1960 - - $267.1 -

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

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

Poland's GDP per capita is $25,104, ranking 48/197, compared to $15,893 in Turkey, ranking 66/197. Adjusted for purchasing power (GDP per capita PPP), Poland ranks 43rd at $51,263, while Turkey ranks 51st at $45,639.

Economic indicators

Poland Turkey
Gross domestic product
$918B
2024
$1.36T
2024
GDP rank
21/197
2024
17/197
2024
GDP growth
3.03%
2023-2024
3.33%
2023-2024
GDP per capita
$25,104
2024
$15,893
2024
GDP per capita rank
48/197
2024
66/197
2024
GDP per capita, PPP
$51,263
2024
$45,639
2024
GDP per capita PPP rank
43/197
2024
51/197
2024
Government debt
$507B
2024
$327B
2024
Debt-to-GDP ratio
55.3%
2024
24%
2024
Government debt per person
$13,874
2024
$3,820
2024
Government debt per person rank
41/185
2024
92/185
2024
Average annual personal income after taxes
$20,736
2026
$10,928
2026
Market capitalization of domestic companies
$197B
2024
$379B
2024
Number of millionaires n/a
60,787
2025
Number of billionaires
10
2025
32
2025
Income share by richest 10%
22.9%
2023
35.2%
2022
Income share by poorest 10%
3.3%
2023
2.1%
2022
Government expenditure, % of GDP
49.4%
2024
32.6%
2024
Consumer prices inflation
3.78%
2023-2024
58.5%
2023-2024
Central bank interest rate
4%
2025
38%
2025
Unemployment rate
2.81%
2024
8.71%
2024
Population
35806942
86002379

Spending and national debt comparison by year

Poland
Spending

Debt
Turkey
Spending

Debt
1x
Year % of GDP
Poland Turkey
Government spending Government debt Government spending Government debt
2024 49.4% 55.3% 32.6% 24%
2023 46.9% 49.5% 32.5% 28.7%
2022 43.2% 48.8% 26.8% 30.2%
2021 43.6% 53% 30.5% 39.4%
2020 47.7% 56.6% 34% 38.7%
2019 41.4% 45.2% 34.8% 31.8%
2018 41% 48.2% 33.9% 29.5%
2017 41.1% 50.4% 32.4% 27.6%
2016 41.1% 54.1% 33.8% 27.7%
2015 41.5% 51.1% 32.4% 27.1%
2014 42.7% 51.1% 32.5% 28.2%
2013 43.2% 56.9% 33.5% 30.8%
2012 43.2% 54.5% 34% 32.1%
2011 44.1% 54.8% 32.6% 35.7%
2010 46% 53.7% 35.2% 39.2%
2009 44.9% 49.7% 37% 42.9%
2008 44% 46.6% 33.5% 37.5%
2007 42.8% 44.4% 32.7% 37.5%
2006 44.3% 47.1% 33.4% 44%
2005 44.1% 46.5% 32% 50%
2004 43.3% 44.9% 34.5% 57%
2003 45.5% 46.4% 38.3% 65%
2002 45.1% 41.6% 40.9% 71.3%
2001 44.7% 37.2% 43.9% 75.3%
2000 43.1% 36.4% 39.4% 51.2%
1999 42.5% 39.4% 32.7% 52.1%
1998 44% 38.7% 27.9% 36.5%
1997 46.1% 42.7% 26.4% 32.5%
1996 50.7% 43.2% 24.5% 35.5%
1995 47.5% 48.7% 19.4% 34.6%
1994 - 64.3% 20.5% 39.2%
1993 - 83.9% 22% 29.1%
1992 - 81.9% 18.6% 29.2%
1991 - 76.9% 18.2% 28.4%
1990 - 89.7% 14.1% 25.8%
1989 - - 13.8% 33.5%
1988 - - 12.9% 38.6%
1987 - - 13.3% 40.3%
1986 - - 12.1% 38.2%
1985 - - 18% 44.3%
1984 - - 14.1% 42.6%
1983 - - 14.9% 32.7%
1982 - - 19.2% 33.4%
1981 - - 24% 32%
1980 - - 25.5% 22.4%
1979 35.6% - 28.3% 23.6%
1978 35.8% - 27.6% 25.8%
1977 35.6% - 27.8% 24%
1976 34.8% - 23.3% 20.4%
1975 34.1% - 22% 20.2%
1974 28.6% - 19% 19%
1973 24.5% - 21.8% 23.1%
1972 24.1% - 21.9% 30.1%
1971 24.1% - 24.8% 34.4%
1970 25.8% - 22.7% 39.8%
1969 26.3% - 20.5% 33.2%
1968 27.3% - 19% 33.2%
1967 29.6% - 20.1% 33.3%
1966 31.7% - 18.9% 33.4%
1965 31.8% - 19% 33.4%
1964 33.5% - 18.9% 25.7%
1963 33.3% - 17.5% 27.6%
1962 43% - 15.7% 28.8%
1961 42.8% - 22.9% 28.9%
1960 39.2% - 15.6% 19.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Poland's government spending was $453B, accounting for 49.4% of its GDP, while Turkey spent $444B, or 32.6% of GDP.

Debt-to-GDP ratio is 55.3% in Poland and 24% in Turkey, ranking 95/185 and 170/185, respectively.

Government deficit by year

Deficit/surplus
Poland

Turkey
1x
Year Deficit/surplus, % of GDP
Poland Turkey
2024 -6.59% -4.57%
2023 -5.27% -5.22%
2022 -3.44% -1.1%
2021 -1.75% -2.98%
2020 -6.85% -4.64%
2019 -0.73% -4.69%
2018 -0.24% -3.1%
2017 -1.49% -1.87%
2016 -2.38% -1.68%
2015 -2.59% -0.51%
2014 -3.66% -0.96%
2013 -4.25% -1.21%
2012 -3.8% -1.78%
2011 -4.97% -0.35%
2010 -7.43% -2.99%
2009 -7.24% -5.14%
2008 -3.6% -2.13%
2007 -1.88% -1.37%
2006 -3.53% -0.22%
2005 -3.93% -0.75%
2004 -4.99% -4.11%
2003 -6.02% -7.55%
2002 -4.8% -11.3%
2001 -4.73% -11.6%
2000 -4% -8.36%
1999 -2.3% -13.8%
1998 -4.25% -9.84%
1997 -4.61% -10.1%
1996 -4.84% -10.7%
1995 -4.39% -5.95%
1994 - -6.04%
1993 - -8.84%
1992 - -6.73%
1991 - -6.86%
1990 - -3.65%
1989 - -3.87%
1988 - -3.2%
1987 - -3.47%
1986 - -2.43%
1985 - -5.84%
1984 - -3.77%
1983 - -1.45%
1982 - -1.61%
1981 - -1.5%
1980 - -3.67%
1979 - -3.06%
1978 - -1.83%
1977 - -5.1%
1976 - -0.6%
1975 - -0.19%
1974 - -1.02%
1973 - -0.98%
1972 - -0.13%
1971 - -3.05%
1970 - 0.14%
1969 - -1.45%
1968 - -0.62%
1967 - 0.1%
1966 - -0.66%
1965 - -1.18%
1964 - -0.84%
1963 - 0%
1962 - -0.16%
1961 - -1%
1960 - -0.83%
1959 - -0.78%
1958 - -0.45%
1957 - -0.66%
1956 - -0.84%
1955 - -0.85%
1954 - -1.12%
1953 - -0.12%
1952 - -0.1%
1951 - 0.48%
1950 - -0.53%
1949 - 0.81%
1948 - 0.84%
1947 - -
1946 - -
1945 - 1.01%
1944 - -
1943 - 0.22%
1942 - -
1941 - -
1940 - -
1939 - -
1938 - 1.18%
1937 - -
1936 - 1.43%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1936–1999, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/poland/turkey | 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 Turkey's deficit of $62.1B, or 4.57% of GDP.

Over the past 30 years, Poland recorded a fiscal deficit in 30 of those years, while Turkey ran a deficit in 30 years. On average, Poland posted an annual deficit equal to 4.02% of GDP, compared to deficit of 4.69% of GDP for Turkey.

Inflation comparison by year

Inflation
Poland

Turkey
1x
Year Consumer prices inflation
Poland Turkey
2024 3.78% 58.5%
2023 11.5% 53.9%
2022 14.4% 72.3%
2021 5.06% 19.6%
2020 3.37% 12.3%
2019 2.23% 15.2%
2018 1.81% 16.3%
2017 2.08% 11.1%
2016 -0.66% 7.78%
2015 -0.87% 7.67%
2014 0.05% 8.85%
2013 0.99% 7.49%
2012 3.56% 8.89%
2011 4.24% 6.47%
2010 2.58% 8.57%
2009 3.8% 6.25%
2008 4.16% 10.4%
2007 2.46% 8.76%
2006 1.28% 9.6%
2005 2.18% 8.18%
2004 3.38% 8.6%
2003 0.68% 21.6%
2002 1.91% 45%
2001 5.41% 54.4%
2000 9.9% 54.9%
1999 7.15% 64.9%
1998 11.6% 84.6%
1997 14.9% 85.7%

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

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

Over the past 28 years, Poland has recorded an average annual inflation rate of 4.39%, compared with 27.8% in Turkey. In 2024, inflation was 3.78% in Poland and 58.5% in Turkey.

Top exports between countries

Poland
Export category Export value
Machinery & equipment $3.06B
Metals $510M
Chemicals & pharma $507M
Animal & marine products $295M
Textiles & consumer goods $261M
Processed food, beverages & tobacco $226M
Raw materials & minerals $201M
Wood & paper products $126M
Precious metals & jewellery $50.6M
Miscellaneous $14.4M
Turkey
Export category Export value
Machinery & equipment $2.77B
Textiles & consumer goods $1.15B
Metals $830M
Chemicals & pharma $449M
Raw agricultural goods $345M
Raw materials & minerals $276M
Processed food, beverages & tobacco $135M
Weapons & explosives $107M
Precious metals & jewellery $106M
Wood & paper products $46.6M

Balance of trade

Poland Turkey
Current account balance
$2.8B
2024
-$10.2B
2024
Current account balance ranking
40/190
2024
176/190
2024
Current account balance, % of GDP
+0.3%
2024
-0.75%
2024
Goods imports
$367B
2024
$314B
2024
Goods exports
$361B
2024
$257B
2024
Service imports
$74.9B
2024
$53.3B
2024
Service exports
$118B
2024
$115B
2024
Imports of goods and services, % of GDP
48.2%
2024
27%
2024
Exports of goods and services, % of GDP
52.2%
2024
27.6%
2024

Economic freedom indices

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

Poland Turkey
Economic freedom 68.5 55
Economic freedom ranking 46/197 129/197
Property rights 71.8 36.4
Government integrity 60.7 35.3
Judicial effectiveness 62.5 23.5
Tax burden 72.7 72
Government spending 35.1 71.8
Fiscal health 74.8 77.8
Business freedom 77.5 61.6
Labor freedom 53.7 44.3
Monetary freedom 73.8 36.5
Trade freedom 79.4 71
Investment freedom 80 70
Financial freedom 80 60

Economic freedom comparison by year

Poland
Turkey
1x
Year Economic freedom index
Poland Turkey
2026 68.5 55
2025 67.1 56.1
2024 66 56.2
2023 67.7 56.9
2022 68.7 56.9
2021 69.7 64
2020 69.1 64.4
2019 67.8 64.6
2018 68.5 65.4
2017 68.3 65.2
2016 69.3 62.1
2015 68.6 63.2
2014 67 64.9
2013 66 62.9
2012 64.2 62.5
2011 64.1 64.2
2010 63.2 63.8
2009 60.3 61.6
2008 60.3 59.9
2007 58.1 57.4
2006 59.3 57
2005 59.6 50.6
2004 58.7 52.8
2003 61.8 51.9
2002 65 54.2
2001 61.8 60.6
2000 60 63.4
1999 59.6 59.2
1998 59.2 60.9
1997 56.8 60.8
1996 57.8 56.7
1995 50.7 58.4

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

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

The Economic Freedom Index for Poland is 68.5, ranking 46/197, compared to 55 for Turkey, ranking 129/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Poland Turkey
Services, % of GDP
59.1%
2024
57.5%
2024
Industry, % of GDP
27.2%
2024
25.5%
2024
Agriculture, forestry, and fishing, % of GDP
2.54%
2024
5.82%
2024
GNI, Atlas method
$789B
2024
$1.15T
2024
GNI per capita, PPP
$49,540
2024
$45,110
2024
Total reserves including gold
$223B
2024
$155B
2024
Total reserves ranking
17/177
2024
21/177
2024
Net foreign direct investment
-$10.6B
2024
-$5.13B
2024
Net inflows of foreign direct investment
$20.6B
2024
$11.7B
2024
Net outflows of foreign direct investment
$10B
2024
$6.61B
2024
Servicing debt to the IMF, % of GNI n/a
6.67%
2024
Poverty at national poverty lines
13.3%
2024
13.6%
2023
Gross capital formation, % of GDP
17.8%
2024
30.7%
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/turkey | 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 (1995–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1936–1999, 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 (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.

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.