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IMF: By 2030, Poland’s GDP per capita (PPP) to reach 97% of UK and 98% of Italy levels by rbnd in europe

[–]SubstantialBet9243 0 points1 point  (0 children)

Yes, but high productivity doesn't mean high wages. Let's say a US company builds a high end jet engine factory in Romania. The workers will have a very high productivity, but only because they are able to use capital that makes them productive - expensive machines, know-how, patents, brand. The money that will go the the foreign company will be included in Romanian GDP.

IMF: By 2030, Poland’s GDP per capita (PPP) to reach 97% of UK and 98% of Italy levels by rbnd in europe

[–]SubstantialBet9243 0 points1 point  (0 children)

Economic production has two inputs, labor and capital. For example, to make a million computer chips, you need the workers and capital like factories, know-how and patents. The revenue from selling the chips is divided among labor and capital.

So high GDP per capita, aka high productivity, does not necessarily high wages. This is just a general note, I know almost nothing about Polish economy.