Both Ukraine and Poland have experienced significant changes in their economies since the collapse of the Soviet Union.
While both countries were part of the Iron Curtain and had similar population sizes, their economic growth followed different paths.
In 1990, Ukraine had a higher GDP and GDP per capita compared to Poland.
However, over the past two decades, Poland's economy has grown faster, with its GDP and GDP per capita reaching 489.8 billion USD and 12.707 thousand USD respectively in 2012. In contrast, Ukraine's GDP in 2012 was 176.3 billion USD and its GDP per capita was 3.866 thousand USD.
In the 1990s, both Ukraine and Poland underwent significant economic reforms aimed at transforming their economies from centrally planned to market-oriented systems. However, the pace of reform was different in each country. Poland was one of the first post-Soviet countries to undertake market-oriented reforms, and it quickly attracted significant foreign investment, leading to rapid economic growth. On the other hand, Ukraine struggled to implement economic reforms, and its growth was slower.
One of the key factors that contributed to Poland's…