Poland's debt rises: 32 groszy of debt per zloty in 2025

In 2022, only 2 groszy of every zloty spent from the state budget came from debt. In 2025, this ratio rose to 32 groszy, representing a dramatic acceleration of the country's borrowing. Author Jakub Krysiewicz points to a "two books" mechanism — official budget data and hidden liabilities — as a source of opacity in public finances. The pace of public debt growth raises serious concerns about the stability of state finances.

Similar stories

📈 Business Polish bonds under pressure: rising debt costs go beyond Middle East tensions Business Insider Polska · 28d ago 📈 Business Poland's public finance sector deficit reached 283 billion zloty, or 7.2% of GDP Interia Biznes · 1d ago 📈 Business Fitch raises Poland's deficit forecast to 7.1 percent of GDP in 2027 Gazeta Prawna · 10d ago