Poland is set to graduate from the World Bank’s main development lending program by 2031, marking a new milestone in the country’s economic rise since the collapse of communism more than three decades ago. The World Bank has approved a new, five-year partnership framework for Poland, after which regular lending from the International Bank for Reconstruction and Development (IBRD), the institution’s main lending arm, will end. The move reflects Poland’s transformation from a major borrower into one of the European Union’s fastest-growing economies. Since 1990, the IBRD has provided more than $15 billion in financing to Poland, but the country’s reliance on World Bank loans has steadily diminished as its wealth has increased and access to international capital markets has expanded. Poland’s real gross domestic product has more than tripled since 1990, when the fall of the communist system cleared the way for a market economy. Growth was further accelerated by foreign investment and substantial EU funding after the country joined the bloc in 2004. For 2026, the European Commission forecasts economic growth in Poland of 3.5%, second only to Malta’s projected 3.7% and well above the EU average of 1.1%. “Few countries have done what Poland has achieved,” Anna Bjerde, the World Bank’s managing director for operations, said in a statement. “Private investment will be central to the country’s next chapter.” Bjerde said the World Bank would also work with Poland to share lessons from its economic transformation with other countries pursuing similar development goals. Polish Finance Minister Andrzej Domański said the World Bank’s decision reflected both Poland’s economic progress and its resilience during recent periods of weakness across Europe. Poland’s economic performance is also drawing increased attention from global investors. Earlier this month, S&P Dow Jones Indices placed the country on a watchlist for a possible upgrade from emerging-market to developed-market status. Such a reclassification would further recognise “the strength of the Polish economy and the growing maturity of our capital market”, Tomasz Bardziłowski, president of the Warsaw Stock Exchange, said.
this post was submitted on 17 Jun 2026
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