A growing percentage of young Poles (but also older) people are in a financial mess.

The debt of young Poles is growing at an alarming rate.

In 2013, financial arrears of people aged 18-25 in Poland accounted for 42.8 million PLN. Today, the debt ratio only in this age group is 623.2 million PLN.

So it is a 14.5-fold increase over just five years, which is worrying. However, the negative tendency of falling into increasing debt is visible for all age groups, both 26-35 or 36-45, as well as for seniors above 65 years of age. As a result, the total debt of adult citizens has also increased significantly. In 2013, it amounted to 13.7 billion PLN, while after the first quarter of 2018, it was already approaching 44.2 billion PLN. Detailed data for specific “age brackets” is well illustrated in the table below:


The situation in terms of the number of debtors looks bad also. And here young people lead (18-25). In 2013, 29.2 thousand people had problems repaying their debts. In 2018 this number increased to almost 165,000, an increase of 464 %! Also in thirty, forty, fifty or sixty-year-olds, there are notable increases of 20%. Effect?

In 2013, 1,883,848 Poles were struggling with repayments, while in 2018 nearly 2,5 million Poles were struggling with this problem.


There are no indications that this problem will slow down in 2019 so we can expect the problem to only get worse. Maybe Poland is catching the ‘living in serious debt’ fever like in so many western countries. Banks are making it easier to get credit in Poland which only fuels the problem. Young people want things quicker and borrowing money is easy.

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