alt Hacker News1% of the GDP is a considerable amount of money. The GDP is not a country's profit, not even its revenue. If we stick to 2023, Poland had a budget deficit of 5% of the GDP, which makes 1% a very welcome gift.
1% of the GDP is a considerable amount of money. The GDP is not a country's profit, not even its revenue. If we stick to 2023, Poland had a budget deficit of 5% of the GDP, which makes 1% a very welcome gift.
At one point, don't remember when, the money sent back home by Polish immigrants was about 8% of Poland's GDP. So 1% is not that much.