On August 5, 2025, the Ministry of Finance held a press conference where the Minister of Finance and Economy, Andrzej Domański, presented a new instrument aimed at supporting investing in Poland – the Personal Investment Account (Osobiste Konto Inwestycyjne, OKI). This solution will allow Poles to invest up to 100,000 PLN tax-free, which could significantly impact the development of the capital market and support innovation and competitiveness in the economy.
Poland Among the World’s Largest Economies – New Challenges and Needs
According to forecasts by the International Monetary Fund, Poland will rank among the 20 largest economies worldwide in 2025, with GDP per capita (measured by purchasing power parity) reaching levels comparable to Spain and Japan. To sustain this positive trend, it is necessary to transition to a growth model based on a more innovative economy, capable of meeting the challenges of energy transformation, digitalization, and rising security expenditures.
In this context, increasing investments and spending on research and development plays a key role. Currently, Poland’s investment rate remains relatively low, and its capital market is less developed than in many European countries.
Polish Savings and Investments – Where is the Potential?
More than half of Polish savings are held as cash or bank deposits, placing Poland at the top among major EU economies in this regard. By comparison, the EU average is around 31%, and in Sweden only 12%. While such saving is safe, it does not generate real returns and limits opportunities to grow capital.
The report “The Future of European Competitiveness” points out that the low share of capital market investments hinders the development of enterprises – especially young and innovative ones – as well as wealth accumulation by households. Therefore, solutions that effectively encourage citizens to invest long-term are needed.
Personal Investment Account – What Does the New Solution Offer?
In response to these challenges, the Ministry of Finance proposes introducing the Personal Investment Account (OKI), which will allow investing up to 100,000 PLN tax-free, including up to 25,000 PLN in savings deposits and savings bonds, i.e., in the account’s savings component. For amounts exceeding this limit, a low asset tax of 0.8%–0.9% on the value of investments will apply.
The OKI will be a voluntary solution modeled on the Swedish Investeringssparkonto (ISK), which has been very popular since 2012, with about 40% of adult Swedes using it.
Through OKI, investments will be possible in financial instruments admitted to trading on regulated markets, alternative trading systems, and investment funds.
Potential Benefits for the Economy and Savers
Minister Andrzej Domański emphasized that OKI represents the largest tax relief in history for savers and is the first such solution to genuinely support investing in Poland. The goal is not only to increase savings and investments but also to stimulate innovation and competitiveness among enterprises and thus the entire economy.
The proposals aim to encourage Poles to allocate funds into assets with higher profit potential, which can, in turn, support the financing of modern and innovative ventures. This will contribute to increased societal wealth and strengthen the country’s security.
The Minister announced that additional elements of the package supporting investments and the development of the capital market will be presented later this year.
