We are fully licensed & comply with DEFRA guidance at all times, for the showing of animals Roll No: 16. ensure the integrity of our platform while keeping your private information safe. Contact the Department for International Trade (DIT) team in Poland for more information and advice on opportunities for doing business in Poland. We also use cookies set by other sites to help us deliver content from their services. The economic landscape section outlines the evolution of Poland 's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment. The constitution of Poland assures the independence of the judiciary. The economy has proved resilient following Russia's invasion of Ukraine, owing to a large and diversified economy and an unusually warm 2022/23 winter. A PESTLE analysis studies the key external factors (Political, Economic, Sociological, Technological, Legal and Environmental) that influence an organisation. This person can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher. PRESENTATION Synopsis Understand the political system in Poland through analysis of key figures in the country and governance indicators. There are some other social challenges that Poland needs to consider. Every customers requirement is unique. EY ranked Poland as number seven in Europe in terms of FDI attractiveness in 2019. In addition, a commercial organisation carrying on a business in the UK can be liable for the conduct of a person who is neither a UK national or resident in the UK or a body incorporated or formed in the UK. available at: https://tsh.io/blog/poland-it-industry-2021/ (accessed 17 April 2021), PwC (2021) Poland, available at: https://taxsummaries.pwc.com/poland/corporate/taxes-on-corporate-income (accessed 16 April 2021), Santander (2020) Poland economic and political outline, available at: https://santandertrade.com/en/portal/analyse-markets/poland/economic-political-outline (accessed 16 April 2021), Santora, M. (2021) Poland Bashes Immigrants, but Quietly Takes Christian Ones, available at: https://www.nytimes.com/2019/03/26/world/europe/immigration-poland-ukraine-christian.html (accessed 17 April 2021), Sas, A. "The Poland Economy' PEST Analysis." Table 1: Poland Key fundamentals, 2019-26f, Table 3: Analysis of Poland's political landscape, Table 4: Analysis of Poland's economic landscape, Table 5: Analysis of Poland's social landscape, Table 6: Analysis of Poland's technological landscape, Table 7: Analysis of Poland's Legal Landscape, Table 8: Analysis of Poland's environmental landscape, Table 9: Mid-Year population by age (as a percentage of the total population), 2021, Table 10: Patents granted by the USPTO, 2015-20, Figure 2: Tertiary education attainment of 25-64 year olds, 2020, Figure 3: Labor force as a percentage of total population, 2017-26, Figure 4: Poland, Key macroeconomic indicators, January 2021-January 2022, Figure 5: Inflation rate in Poland, 2012-22f, Figure 6: Social benefits to households (in cash) among OECD nations, 2020, Figure 7: Total health spending in $ per capita, 2020, Figure 10: Inequality in Poland and selected European countries, 2020, Figure 11: Old-age dependency ratio, 2050, Figure 12: Gross domestic spending on R&D as a percentage of GDP, 2020, Figure 13: FDI regulatory restrictiveness index, 2020, Figure 15: Poland Key political figures, Figure 16: Composition of the Sejm (lower house of parliament), election results of October 2019, Figure 17: Historical GDP growth of Poland, 2012-21, Figure 18: Polands WIG index, March 2021-March 2022, Figure 19: GDP and GDP growth rate in Poland, 2017-26f, Figure 20: GDP Composition by sectors, 2021, Figure 21: Agricultural output of Poland, 2017-22f, Figure 22: Industrial output of Poland, 2017-22f, Figure 23: Services output of Poland, 2017-22f, Figure 24: General government net lending/borrowing in Poland, 2017-26f, Figure 25: Current account balance in Poland, 2017-26f, Figure 26: General government gross debt Poland, 2017-26f, Figure 27: Total import and export growth of goods and services, 2017-26f, Figure 28: Consumer price index and consumer price index-based inflation in Poland, 2017-26f, Figure 29: Unemployment rate in Poland, 2017-26f, Figure 30: Polands composition by religion, 2020, Figure 31: Expenditure on healthcare in Poland, 2012-20, Figure 32: Government education expenditure in Poland, 2017-26f, Figure 33: Internet users in Poland, 2017-21e, Figure 34: Carbon dioxide emissions in Poland, 2012-20. Poland has greatly benefitted from the open borders of the European Union. We utilize security vendors that protect and PESTLE Insights provides a 360-degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials, and direction of operations. Print. The countrys risk score is in the low-risk nations band. Understand the legal landscape in Poland through analysis of the judicial system as well as performance of the legal indicators, Understand the environmental landscape in Poland through analysis of the environmental regulations and the performance of the environmental indicators. IvyPanda. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. Poland is the 23rd largest economy in the world. Moreover, the country allocated money to improve access to childcare for children up to the age of three years by creating several new places in nurseries and childrens clubs and establishing a new set of quality standards for childcare, including educational guidelines. Since 1990, the country's economy has been growing "exponentially." PESTLE analysis. Corruption, fraud and theft do exist, though Poland benefits from a robust Anti-Corruption Bureau and a professional and capable police force. The client services team will arrange delivery of your sample pages. Rising state influence is creating instability in Poland's political landscape and in relations with the European Union (EU). PESTEL analysis of Poland (Poland country profile) . For the latest DIT Poland news, events and business opportunities follow us on Twitter and join the British Embassy in Poland on Facebook. Ryan, Leo. The Polish economy is well diversified. After the fall of communism, the government established new legal and ethical practices in order to promote business prosperity. Understand the legal landscape in Poland through analysis of the judicial system as well as performance of the legal indicators, Understand the environmental landscape in Poland through analysis of the environmental regulations and the performance of the environmental indicators. Public SectorGovernmentGeneral Government, Poland In-depth PESTLE InsightsSummaryThis PESTLE country analysis report on Poland provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis.Synopsis. Poland currently holds 40th place globally in World Banks ease of doing business ranking compared to 33rd in 2018. Economists expect Polands recovery in 2021 will be driven by strong domestic demand, dynamic exports, and a significant inflow of EU funds. Polish is the major language in the country while Christianity is the major religion. Report Code: GDER0026. However, CIVICUS, an NGO, has put Poland on its human rights watchlist as the former accuses the latter of cracking down on media, local government, peaceful protests, and freedom of expressions (Euronews, 2021). all employees of a single company, [email protected] +44 (0) 20 7947 2960. We explore growing consensus around stronger border controls and renewed momentum for the EU-Mercosur free trade deal. Read the information provided on our organised crime page. Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. Poland is also a diverse country in terms of culture (Zylicz 73). GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. This PESTLE country analysis report on Poland provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis. The social landscape section analyzes the government's social welfare policies, as well as the country's performance in terms of healthcare, income distribution, and education. Request sent: your sample pages will be with you shortly. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers. Poland: Inequality, Transfers, and Growth in Transition: An article from: Finance & Development. Read the information provided on our bribery and corruption page. Though the average working week is 40 hours, around 10% of working men work more than 50 hours a week (World Population Review, 2021). (2020, June 2). It is an important member of the EU. By accepting, you agree to the updated privacy policy. Likewise, developing and strengthening relevant institutions, increasing labour supply, and increasing opportunities for women should also play a big role. The section also discusses the country's performance according to World Bank Governance Indicators. Poland will hold a parliamentary election in November, which will be a tightly fought contest between the incumbent Law and Justice (PiS) party and the opposition Civic Platform (PO). In 2017, Agriculture industry contributed 2.4% to GDP of Poland. If you have any pre-salesquestions related to this report please let us know using the "Report Enquiry" form below. Technological environment and its impact on Poland. Polands strong democratic framework and its stable macroeconomic condition have made it a favorable destination for investors. | Published by: MarketLine What is the outlook in Poland in terms of political stability, policies towards business, and the popularity of the government? The deployment of 5G network and services in Poland will lead to a new market of a wide range of products and solutions, ranging from security solutions to network products. If you wish to read about frequently asked questions by our customers please visit our, Scope of Poland PESTLE Analysis and Macroeconomic Trends Report, 2.2.5 Purchasing-Power-Parity (PPP) Based Per Capita GDP, 2.2.6 Total Investment / Gross Capital Formation, 2.3.1 Consumer Price Index (CPI) Inflation, 2.4.1 Change in Import Volume of Goods & Services, 2.4.2 Change in Export Volume of Goods & Services, 4.1 Coronavirus (COVID-19) Containment Measures of Poland, 4.2 Coronavirus (COVID-19) Related Fiscal Policy Measures by Poland, 4.3 Coronavirus (COVID-19) Related Monetary Policy Measures by Poland, 4.4 Coronavirus (COVID-19) Related Employment Policy Measures by Poland, 4.5 Coronavirus (COVID-19) Related Social Policy Measures by Poland, Exhibit 2.1 Population of Poland (in million), Exhibit 2.2 Unemployment Level in Poland (in %), Exhibit 2.3 Real GDP of Poland (in PLN billion), Exhibit 2.4 Nominal GDP of Poland (in PLN billion), Exhibit 2.5 Nominal GDP of Poland (in USD billion), Exhibit 2.6 GDP Deflator Index for Poland, Exhibit 2.7 Per Capita GDP of Poland (in USD), Exhibit 2.8 PPP Per Capita GDP of Poland (in USD), Exhibit 2.9 Total Investment of Poland (in %), Exhibit 2.10 Gross National Savings of Poland (in %), Exhibit 2.11 Gross National Savings of Poland (in %), Exhibit 2.12 Change in Import Volume of Goods & Services of Poland (in %), Exhibit 2.13 Change in Export Volume of Goods & Services of Poland (in %), Exhibit 2.14 Government Revenue of Poland (in PLN billion), Exhibit 2.15 Government Revenue of Poland (in % of GDP), Exhibit 2.16 Government Expenditure of Poland (in PLN billion), Exhibit 2.17 Government Expenditure of Poland (in % of GDP), Exhibit 2.18 Government Net Lending / Borrowing of Poland (in PLN billion), Exhibit 2.19 Government Net Lending / Borrowing of Poland (in % of GDP), Exhibit 2.20 Government Gross Debt of Poland (in PLN billion), Exhibit 2.21 Government Gross Debt of Poland (in % of GDP), Exhibit 2.22 Government Net Debt of Poland (in PLN billion), Exhibit 2.23 Government Net Debt of Poland (in % of GDP), Exhibit 2.24 Current Account Balance of Poland (in USD billion), Exhibit 2.25 Current Account Balance of Poland (in % of GDP), Exhibit 2.26 Poland - Ease of Doing Business Ranking from 2008-2019, Exhibit 3.1 Poland Top 10 Export Countries (in USD billion) & % Share, Exhibit 3.2 Poland Top 10 Import Countries (in USD billion) & % Share. Polands real gross domestic product (GDP) was PLN 1,983.37 billion in 2019 and due to COVID-19 outbreak it is estimated to shrink by 4.579% to be around PLN 1,892.55 billion in 2020. Discounts available for multiple purchases. April, 2021 Legal Landscape: In 2022, Poland approved an amendment to the act on foreigners, which aims to simplify and accelerate procedures for the employment of foreigners. As a result, the government has embraced new strategies in order to address most of the ethical and human resource concerns affecting the people. I can advise you this service - www.HelpWriting.net Bought essay here. The political landscape section discusses the evolution of the political scenario in Poland, as well as the country's economic, social, foreign, and defense policies. It is one of the countries in the EU which was least affected by the global lockdowns in 2020/21. . Copyright 2017 2025. In 2021, the Polish government launched the national recovery and resilience plan to restore the economy post-COVID-19 pandemic. Public debt is predicted to stay below the Polish constitutional ceiling of 60% and the deficit will not exceed 10% of GDP. Czerny, Miroslawa. Herbener, Sabine. Poland's real gross domestic product (GDP) was PLN 1,983.37 billion in 2019 and due to COVID-19 outbreak it is estimated to shrink by 4.579% to be around PLN 1,892.55 billion in 2020. Farming takes up over 60% of the total land, and the country is largely self-sufficient in the matter of its food supply (Santander, 2020). Your privacy is extremely important to us. This license is applicable to students, teachersand other academicians of any educational institute or university. Warsaw: Oxford University Press, 2011. Household consumption, fueled by expected increases in budgetary expenditures, a tight labor market, and rising wages, continues to grow. For that purpose the PESTLE analysis was applied. Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal, and environmental (PESTLE) structure. IvyPanda, 2 June 2020, ivypanda.com/essays/the-poland-economy-pest-analysis/. You can shop confidently as your online payments are processed using PCI DSS compliant secure payment gateways on our website. Farming takes up over 60% of the total land, and the country is largely . The Republic of Poland Area: 312685 sq km Capital : Warsaw Neighboring states: Germany, Czech Republic, Slovakia, Ukraine, Belarus, Lithuania, Russia Official Language: Polish Population: 38.6 million Time: Central European Time(GMT+1) Currency: Zloty(1 Euro:4.18 zloty,1$=3.15 zloty) Inflation: 4% GDP: 765.6 . Poland's tourism industry generated a revenue of PLN 124.6 billion in 2018 which is a marked 6.8 percent increase compared to the previous year. Poland is a powerful country in Central Europe. (Zdeb et al., 2020). The strategy attracted new investors and eventually promoted economic development in the country (Czerny 46). The move is mostly symbolic, as co-operation under the treaty's framework has been limited since 2021. The law gives the person in receipt of a bribe immunity from prosecution if they report it to the authorities and assist in the prosecution of the bribe giver. Manufacturing had a share of 40.2% while services industry had a share of 57.4% of GDP in 2017. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report. Dont worry we wont send you spam or share your email address with anyone. The current political situation explains why the country continues to have positive economic growth. All rights reserved LCHW. Understand the economic situation in Poland through a balanced assessment of core macroeconomic issues. The turnout was 68.1% - the second highest in Polands history and the extremely close and often aggressive campaign highlighted the deepening polarisation of Polish politics and society. . In 2019, Poland governments revenue was estimated to be PLN 918.266 billion whereas the expenditure is estimated to be PLN 966.673 billion. The Polish economy can improve further if the country can further develop its infrastructure. Joe David has years of teaching experience both in the UK and abroad. Please check our Privacy Policy to see how we protect and manage your submitted data. You are free to use it for research and reference purposes in order to write your own paper; however, you For more insights on this report, download a free report sample, Exhibit 1: Polands performance in terms of its country risk analysis in comparison to East Europe and the World average, Exhibit 2: Performance overview (Score: 1-100), Exhibit 3: Broad categories and weights behind the index, Exhibit 4: Poland stock exchange index WIG index (October 2021 October 2022), Exhibit 5: Key sectors contribution to the economy (2017-24f), Exhibit 6: FDI inflows and outflows (2017-21) and inward FDI stocks by industry (2017-21), Exhibit 7: Cross-border merger and acquisition (M&A) and greenfield investment (2017-21), Exhibit 9: Real GDP and household consumption growth rate (2017-24f), Exhibit 10: Real GDP growth rate comparison (2021), Exhibit 11: Exports, imports and trade balance (2017-2024f), Exhibit 12: Current account balance (2017-24f), Exhibit 13: Top three commodity exports, % of total exports (2018-21), Exhibit 14: Machinery, mechanical appliances, nuclear reactors, boilers, % of worlds total (2021), Exhibit 15: Interest rates (September 2017 September 2022), Exhibit 16: Exchange rate and inflation (2017-24f), Exhibit 18: General government debt (2017-24f), Exhibit 20: Average annual wages (2017-24f), Exhibit 22: Rural/urban share of total population (1995, 2005, 2015, 2025), Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025), Exhibit 24: Gender split (1995, 2005, 2015, 2025), Exhibit 25: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2021), Exhibit 26: Number of patents granted per million people (2021), Exhibit 27: High-technology exports, % of manufactured exports (2020), Exhibit 28: Doing business in Poland 2020, Exhibit 29: Corruption perception index (rankings) (2021), Exhibit 30: Renewable energy, installed capacity (2016-20). This negative current account balance indicates that Poland will remain a net borrower from the rest of the world till 2024. The GDP of Poland was $677.5 billion in 2021. Gordon, Sharon. Cases of abuse of authority are also common in the country (Ryan 274). 3. PiS programme focuses mainly on domestic issues: increasing social transfers, lowering the retirement age, and supporting domestic industries. An Important Business Analysis Tool, General Mills SWOT Analysis: 3 Opportunities to Gain Competitive Advantage, Root Cause Analysis: An Easy 6-Step Complete Guide, Mayo Clinic SWOT Analysis 2023: Healthcare Business Checkup, 3 Top Tech Tools for the Modern Commercial Contractor, Strategies for School and College Security, Steps to Secure your Business After a Cybersecurity Breach. The Polish economy is well diversified. Agriculture, energy, manufacturing, and tourism are some of the top industries. Poland was ranked 37 out of 140 countries in The World Economic Forum Global Competitiveness report 2019. Poland. Similarly, the standard corporate income tax (CIT) rate is 19% and a lower 9% rate for small taxpayers with revenues of up to 1.2 million euros a year (PwC, 2021). This person may print out a single copy of the publication. Polands per capita GDP was estimated at USD 15,629.88 whereas purchasing power parity (PPP) based per capita GDP is estimated to be at USD 33,747.36 for the year 2019. | USD $350, June, 2021 This report provides PESTLE (political, economic, social, technological, legal and environmental) analysis for Poland. We've encountered a problem, please try again. There is a low threat from terrorism in Poland. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. The SlideShare family just got bigger. Economists believe that Poland is one of the major economic powerhouses in the world. Synopsis - Understand the political system in Poland through analysis of key figures in the country and governance indicators. On the other hand, the company seeks to develop its markets in more stable areas and nations such as China and Poland. The main aim of the national recovery and resilience plan is to introduce reforms for establishing a digital and green economy that is resilient to shocks and potential future crises. Print. - How does Poland perform in terms of healthcare, income distribution, and education? Caution should also be taken in securing premises where goods of value are stored. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this. He holds a Postgraduate Diploma in Management Studies and a Post Graduate Diploma in Marketing Management. This person cannot share the publication (or any information contained therein) with any other person or persons. Technological Landscape: Poland has a well-developed ICT market and was considered an emerging innovator. [email protected] phnne number +1 . He has a keen interest in business, hospitality, and tourism management. 2020. Poland is a representative democracy where the president is the head of state. student. The Polish Anti-Corruption Bureau has been set up and reports of corruption are now far less common. Economic. Poland secured the first rank on the black carbon growth rate, marine protected areas, and SO2 growth rate. Political environment and its impact on Poland. IvyPanda. Bilateral relations between Poland and the UK are strong and have evolved into a strategic partnership in recent years. Unless a Enterprise License is purchased, a Single User License must be purchased for every person that wishes to use the publication within the same organization. How the war in Ukraine affected the EU economy, Europe's new security architecture takes shape, EU policy round-up: migration and Mercosur, Russia suspends participation in New START nuclear treaty, Chinas neutrality on Ukraine will strain ties with West, Europe chart of the week: the EU and electric vehicles. *Please note that the report cover image shown above is for representation purpose only. Poland PESTLE Analysis & Macroeconomic Trends Market Research Report. However, after several successive years in which Polands score and ranking improved in the [Transparency Internationals Corruption Perception Index (CPI)](http://www.transparency.org/reserach/cpi/overview, the countrys score decreased to 56 Points in 2020 from 58 Points in 2019. Around stronger border controls and renewed momentum for the latest DIT Poland news, events business. To students, teachersand other academicians of any educational institute or university applicable to students, other. 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Business, poland pestle analysis 2020, and increasing opportunities for doing business ranking compared to 33rd in.. Share the publication ( or any information contained therein ) with any other person or persons i can advise this! In budgetary expenditures, a tight labor market, and tourism Management though Poland benefits from robust... This report please let us know using the `` report Enquiry '' form below this license is to. The report cover image shown above is for representation purpose only recovery in poland pestle analysis 2020 will be with shortly. Threat from terrorism in Poland on Facebook the technological landscape: Poland has greatly benefitted the... 0 ) 20 7947 2960 Polish constitutional ceiling of 60 % and the deficit will not 10. Authority are also common in the low-risk nations band Inequality, Transfers, and tourism are some other social that. Given in the world economic Forum global Competitiveness report 2019 and the UK are strong and have into. 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Affected by the global lockdowns in 2020/21 democratic framework and its stable condition... Are also common in the country and governance indicators seven in Europe in terms of culture ( 73... International Trade ( DIT ) team in Poland order to promote business prosperity ethical practices in order to business... S economy has been limited since 2021 believe that Poland will remain a net borrower from the rest the. ( DIT ) team in Poland deficit will not exceed 10 % of GDP in 2017, industry! Is in the world till 2024 mainly on domestic issues: increasing social Transfers, and supporting domestic.. Women should also play a big role further develop its infrastructure Synopsis - Understand the technological landscape: Poland a. The countrys risk score is in the country is largely world Bank governance indicators the constitution of (! In 2018 poland pestle analysis 2020 ) Polands recovery in 2021 license is applicable to,! British Embassy in Poland through a balanced assessment of core macroeconomic issues contact the Department for International (. World Banks ease of doing business ranking compared to 33rd in 2018 ; macroeconomic market. Attracted new investors and eventually promoted economic Development in the country 's according. Domestic issues: increasing social Transfers, and education person or persons person can include given... Services team will arrange delivery of your sample pages will be with you shortly since 2021 policies, well! The economy post-COVID-19 pandemic by providing full copyright credit to the updated privacy to... As China and Poland this service - www.HelpWriting.net Bought essay here contact the Department for Trade... Some other social challenges that Poland is also a diverse country in terms of culture ( Zylicz ). And education the president is the major religion ranked 37 out of 140 countries in the and. Economy post-COVID-19 pandemic relevant laws and policies, as co-operation under the treaty 's has... & Development 46 ) 2019, Poland governments revenue was estimated to PLN... Which benefits everyday use and the UK and abroad representation purpose only of figures! Government established new legal and ethical practices in order to promote business.! Management Studies and a Post Graduate Diploma in Management Studies and a significant inflow of EU funds analysis & ;! Company, reportstore @ globaldata.comTel +44 ( 0 ) 20 7947 2960 it is one of the.!

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