Research Briefing | Nov 4, 2021

Why Warsaw out-performs its rivals, at least for now

Ipad Frame - European-Cities-Why-Warsaw-out-performs-its-rivals-at-least-for-now

We estimate that Warsaw’s GDP grew by 4.5% a year in the 2010-19 period, so notably faster than its five main rivals among EU accession cities. Drivers include sectoral structure, productivity, skills, and inward investment. But in terms of scale and structure, we do not judge that Warsaw has moved sufficiently ahead of its rivals to create a self-reinforcing circle in which success breeds success, at the expense of the other five. Hence, we forecast a convergence in growth rates.

What you will learn:

  • Warsaw grew much faster than its five main rivals, 2010-19.
  • Drivers included sectoral structure, productivity, skills, and inward investment.
  • But we forecast a convergence in growth rates going forward.
Back to Resource Hub

Related Services

Post

Europe: Copenhagen expected to lead the way in the Nordics

We are cautiously optimistic about the medium-term outlook for the Nordic cities, and we expect them to continue to outperform their European city peers, as they have typically done in the past.

Find Out More

Post

Housing has become less affordable across all US metros

Housing affordability has dropped significantly over the last five years in every major metro as house prices soared and mortgage rates nearly doubled.

Find Out More