The financial services and insurance sector in Poland experienced significant growth from 2013 to 2023, with a marked jump in output in 2022. The value in 2023 stood at 47.08 billion Euros, reflecting a 1.6% year-on-year increase. The last five years saw an average annual growth rate (CAGR) of 7.67%, highlighting a period of robust expansion despite occasional dips.
- 2013-2023: Growth with moderate dips and a notable spike in 2022.
- 2024-2028: Forecasted slower yet steady growth with a 5-year CAGR of 1.26%.
Future trends to watch for include digital transformation, adoption of InsurTech, regulatory changes, and economic factors that may impact consumer demand and investment in financial services.
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