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Encouraging change began after joining the EU in 2004. By the early 2000s, Poland's GDP per capita increased to about $5,000. Following its accession to the EU, the pace of growth accelerated, reaching $14,000 by 2008, just before the global financial crisis. As of now, Poland's GDP per capita is around $22,000—approximately ten times what it was in 1990—bringing it closer to Western European standards.
Key Drivers of Economic Growth
Poland's extraordinary growth can be attributed to three main factors.