Different Paths: Popenko Discusses How Poland is Catching Up to Japan While Ukraine Lags Behind.
Poland Has Caught Up to Japan in GDP per Capita
According to purchasing power parity (PPP), Poland has equaled Japan in GDP per capita. This information was emphasized by Oleg Popenko, an expert in Ukraine's energy sector and founder of the NGO 'Consumers' Association of Utility Services.'
Interestingly, Poland has achieved the same level of GDP per capita (PPP) as Japan
According to reports from the World Bank and the IMF, in 2023, GDP per capita in Japan was $46,268, while in Poland, this figure was $44,051.
Popenko emphasized that Poland's 'economic miracle' is a valuable experience for Ukraine, as Poland has more similarities with Ukraine in socio-cultural criteria than China or Georgia with Singapore
Comparison of Reforms in Ukraine and Poland
The expert also mentioned that Ukraine and Poland began reforms around the same Time on the same economic basis. At the same time, he stressed that Ukraine and Poland have achieved different economic indicators.
Future Predictions
According to economists' forecasts, by 2026 Poland may surpass Japan in this indicator. It is important to note that this refers specifically to the indicator, taking into account the differences in the cost of living between the countries.
Read also
- Ukrainians were shown how much it costs to rent an apartment in European countries
- PFU showed who receives 200 thousand hryvnias in pension in Ukraine
- Less than three weeks left: some Ukrainians must urgently undergo a re-medical examination
- Dollars are not exchanged: strict prohibitions on the purchase and sale of currency are in place
- Ukrainians must pay tax on 'excess' square meters of housing by July
- Ukrainians will be able to pay for electricity at a preferential rate: new limits and prices for electricity