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12° Nicosia,
11 August, 2026
 
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Poland economy now larger than Belgium, Sweden, Ireland and Austria

Once struggling under communism, the former communist state has climbed to sixth place in the EU, with an economy worth €922.9 billion in 2025.

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Poland has quietly joined the European Union’s economic heavyweights, overtaking several of the bloc’s wealthiest and most established members.

The country is now the EU’s sixth-largest economy, behind only Germany, France, Italy, Spain and the Netherlands, according to Eurostat figures.

Poland produced goods and services worth €922.9 billion in 2025, giving it a 4.9% share of the EU’s entire economy. That places it ahead of Belgium, Ireland, Sweden and Austria.

The rise is striking for a country that emerged from communist rule just 36 years ago and joined the EU in 2004. Since then, Poland has developed into Central and Eastern Europe’s biggest economic power, helped by manufacturing, exports, foreign investment, EU funding and strong consumer spending.

Its economy grew by 3.6% in 2025, more than twice the EU-wide rate of 1.5%.

To put Poland’s size into perspective, Romania’s economy was worth about €380 billion in 2025, while the Czech economy stood at roughly €347 billion. Poland’s economy is also more than 25 times the size of Cyprus’, which was valued at around €36.5 billion.

Germany remains comfortably at the top of the EU ranking, with an economy worth €4.47 trillion. France follows with €2.99 trillion, ahead of Italy at €2.26 trillion, Spain at €1.69 trillion and the Netherlands at €1.17 trillion.

However, having a large economy does not automatically mean every citizen is wealthy. Poland has a population of more than 36 million, and its economic output per person remains below the EU average.

In simple terms, the country as a whole is producing more, but average Polish living standards have not yet caught up with those in places such as Belgium, Ireland or Sweden.

Even so, Poland’s climb into the EU’s top six marks a remarkable turnaround. In little more than one generation, it has moved from a struggling post-communist economy to one of Europe’s biggest economic players, and it may not have finished climbing yet.

*With information from Eurostat and AP News

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Cyprus  |  Poland  |  economy

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