poland pestle analysis 2020

Print. Compared to some other European countries, it offers affordable holidays for tourists. These figures demonstrate how promising the e-commerce industry is in Poland. Zylicz, Tomasz. Retrieved from https://ivypanda.com/essays/the-poland-economy-pest-analysis/. Print. PRESENTATION 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. Poland was ranked 35th out of 152 nations in the GCRI Q2 2022. 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. PESTLE analysis. Poland is estimated to have population of 37.935 million in the year 2020 and expected to reach 37.767 million by 2024, growing at a CAGR of 0.11%. I can advise you this service - www.HelpWriting.net Bought essay here. Understand the political system in Poland through analysis of key figures in the country and governance indicators. Information on key security and political risks which UK businesses may face when operating in Poland. As a result, the citizens began to promote various business activities, thus stimulating economic development. The Polish economy is well diversified. New York: Routledge, 2003. Key foreign investors in 2019 included the Germany, USA, France, and the Netherlands. Polands growth has been driven by strong domestic demand, dynamic exports, improved productivity, foreign investment, a stable banking system, and a significant inflow of EU cohesion funds. Nevertheless, Poland's economy contracted in the fourth quarter of 2022 and EIU expects a period ofeconomic stagnation in early 2023 as household spending is eroded byrecord-high inflation and monetary tightening weakens fixed investment. support@eddusaver.com phnne number +1 . Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. By: Please contact client services for any further information. In the longer term, changing demographics, with an ageing society and shrinking labour force, will create policy challenges. Many people are discriminated against because of their age, religion, or gender. Economic. To begin with, Poland has a stable government. 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. For example, the first oil lamp was invented in the country (Zylicz 78). Technological Landscape: Poland has a well-developed ICT market and was considered an emerging innovator. You have rejected additional cookies. To be applicable for this license type please use your, In case you are not able to use your college/institute/university official email ID during checkout then please email us a. The Polish Anti-Corruption Bureau has been set up and reports of corruption are now far less common. In 2017, Agriculture industry contributed 2.4% to GDP of Poland. 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. (2020, June 2). Poland adheres to all EU laws regarding copyright and intellectual property and the local branches of international watchdogs monitor breaches that may occur, including downloading of illegal software which mostly concerns the music/film industry. Print. Synopsis - Understand the political system in Poland through analysis of key figures in the country and governance indicators. This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. In the UK, this figure stood at a staggering 9.9%. Poland is currently ruled by a conservative coalition led by the Law & Justice (PiS) party who in October 2015 won the first overall government majority since the fall of communism in 1989. a regional office. all employees of a single company, reportstore@globaldata.comTel +44 (0) 20 7947 2960. - Political instability in a foreign partner country. This is IvyPanda's free database of academic paper samples. According to data published by Ipsos, 46 percent of respondents in Poland thought that air pollution was one of the top three environmental issues facing their country, the most of any category.. (2020) 'The Poland Economy' PEST Analysis'. EY ranked Poland as number seven in Europe in terms of FDI attractiveness in 2019. "The Poland Economy' PEST Analysis." The SlideShare family just got bigger. | USD $350, May, 2021 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. Kindly use your official email address and contact number to ensure speedy response. It has a huge potential to become a leading player in the export of new technologies. He has a keen interest in business, hospitality, and tourism management. This essay on The Poland Economy PEST Analysis was written and submitted by your fellow Household consumption, fueled by expected increases in budgetary expenditures, a tight labor market, and rising wages, continues to grow. How can you benefit from that? In World Banks ease of doing business ranking Poland was ranked 40 out of 190 countries in 2019. The plan will incorporate reforms and public investments in the areas including public finances, healthcare reform, labor market, innovations, qualifications, and development of renewable energy sources. 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). The country's risk score is in the low-risk nations band. The discussion below presents a PEST Analysis for Poland. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. Some of the features of PESTLE Analysis of Poland 2012-2017 include: - Trend and forecast of real GDP growth rate - Trend of savings and investments as well as consumption expenditure in. Transport, travel and tourism, ICT, insurance and finance, automobiles, electronics, cigars, machinery, rubber, petroleum and textiles are major industries of Poland. The country has a population of 38.5 million people. Poland is a major economic power in Europe. Its results indicate that legal factors are the key for the development of sustainable drainage systems in Poland. How does Poland perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment? The section also discusses the country's performance according to World Bank Governance Indicators. Poland's strong democratic framework and its stable macroeconomic condition have made it a favorable destination for investors. PEST Examples. As well, Marie Curie from Poland was the first person to discover radium and polonium. The government also encourages its citizens to be ambitious and innovative. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. Likewise, its political stance against migrants from other countries is also a barrier to resolving the problems of labour shortage (Santora, 2019). The invention of graphene is also a success story for Poland. | USD $350, June, 2021 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). These users can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher. If you have any pre-salesquestions related to this report please let us know using the "Report Enquiry" form below. Poland has become Europe's biggest economic success story since it transformed into a market economy in the early 1990s. Ryan, Leo. Any foreigners wishing to work in Poland must obtain a work permit; however, it is not a requirement for the citizens of EU, EEA and Switzerland. Warsaw: Oxford University Press, 2011. Aghion, Philippe, and Steven Durlauf. The main aim of the plan is to introduce reforms for establishing a digital and green economy that is resilient to shocks and potential future crises. This makes the country one of the best places to invest (Czerny 37). It comprises of sixteen administrative provinces. The population is aging very swiftly and creating massive shortages in the labour market. 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. Print. Employees are entitled to 20 days annual holiday if they have been employed for less than 10 years, and 26 days if employed for 10 years. Economic Landscape: Poland has recorded a slight overall gain in economic freedom since 2017 and remains in the upper reaches of the Moderately Free category. This person can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher. Weve updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data. We've encountered a problem, please try again. PDF | On Dec 31, 2018, Joanna Jedel and others published Evaluation and development prospects of the sports and recreation market in Poland in 2000-2030. In the medium term, there will be a need to consolidate debt and spending without stifling economic growth. The European Commission forecasts 3.1% growth in 2021 followed by a stronger 5.1% rebound in 2022. He holds a Postgraduate Diploma in Management Studies and a Post Graduate Diploma in Marketing Management. The goal of this article is to identify the existing economic situation in the four main Southern European countries: Greece, Italy, Portugal, and Spain (GIPS), and in Poland, conduct a. It is also a member of NATO, the UN, OECD, European Economic Area, International Energy Agency, Schengen Agreement, and some other prestigious organisations and agreements. In 2018, Services industry exports was valued at USD 69.8 billion for Poland. Bribery is illegal. Understand customer demographics in Poland through analysis of income distribution and the rural-urban split, as well as healthcare and education. For the latest DIT Poland news, events and business opportunities follow us on Twitter and join the British Embassy in Poland on Facebook. London: Edward Elgar Pub, 2000. Likewise, developing and strengthening relevant institutions, increasing labour supply, and increasing opportunities for women should also play a big role. Fiscal health, monetary freedom, trade freedom, and investment freedom are the economic strengths of the country. This detailed PESTEL analysis of Poland (Poland country profile) aims to examine some of the macro factors that impact on Poland. In conclusion, it is fair to state that this analysis portrays Poland as a stable country for international business. Deck-Partyka, Alicja. Understand customer demographics in Poland through analysis of income distribution and the rural-urban split, as well as healthcare and education. Contact the Department for International Trade (DIT) team in Poland for more information and advice on opportunities for doing business in Poland. People of Poland are hardworking and optimistic. 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 . Now customize the name of a clipboard to store your clips. Significant state ownership in some of Polands key industrial assets creates some market entry barriers. Click here to review the details. Poland is a developed country. Published: October 20, 2022 Short-term disruption is leading to a new equilibrium in which Russia will have far less economic leverage over Europe. The PESTEL . Poland is one of the main source countries for revealed victims of labour exploitation in the UK. Please contact client services for any further information: Your sample pages are downloading now. All rights reserved LCHW. company number 01813905 and registered address John Carpenter House, John Carpenter Street, London EC4Y 0AN. | USD $350, February, 2022 Poland is a representative democracy where the president is the head of state. Gordon, Sharon. Prasad, Eswar and Michael Keane. Sas (2021) reports that around 87% of Polish households have access to the Internet, and the number of mobile phone users will go over 27 million by 2025. It increasingly looks doubtful that the funds will be disbursed before the election, but Poland should not have any issues financing its fiscal and external deficits. 2020 Eddusaver.com. Synopsis Understand the political system in Poland through analysis of key figures in the country and governance indicators. a regional office, Can be shared globally by unlimited users within the purchasing corporation e.g. Poland, officially the Republic of Poland, is a country in Central Europe, bordered by Poland to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus to the east; and the Baltic Sea and Kaliningrad Oblast, which is a Russian exclave and Lithuania to the north. Santoshkumar Nair This report also highlights key clusters/cities which contribute significantly to the countrys GDP and population along with major companies presence in these areas. The Polish government introduced a `Business Constitution in April 2018, a package of laws to improve the business environment, including exemptions for start-ups and micro-businesses from registration and social security contributions, In addition, from 30 June 2018, Poland granted itself the status of a Special Economic Zone with preferential tax rates for 15 years for companies depending on the size of investment and their location. To help us improve GOV.UK, wed like to know more about your visit today. Internal divisions will limit progress on strengthening EU defence, ensuring that the US remains a key security partner. . PEST Analysis: Poland. The Polish Zloty has continued to strengthen against the Sterling Pound and the US Dollar. The client services team will arrange delivery of your sample pages. - How does Poland perform in terms of healthcare, income distribution, and education? 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. How does Poland perform in terms of healthcare, income distribution, and education? For very many years, Poland failed to provide the best infrastructure for business ethics due to communism. Corruption, poverty, lack of proper legal infrastructure, and the financial crisis continued to affect the country (Szczerbiak 19). On the go us improve GOV.UK, wed like to know more your! '' form below ownership in some of the best infrastructure for business ethics due to.! Government Licence v3.0 except where otherwise stated also encourages its citizens to be ambitious and innovative advise you service! Person can include information given in the country ( Zylicz 78 ), Download to take your learnings and... This makes the country has a population of 38.5 million people, monetary situation and... And innovative a key security and political risks which UK businesses may face when operating in Poland medium term there. Clipboard to store your clips its fiscal situation, and the financial crisis continued affect. For the latest DIT Poland news, events and business opportunities follow us Twitter... Rural-Urban split, as well as patents data learn faster and smarter from top,! That legal factors are the key for the latest DIT Poland news events... Using the `` report Enquiry '' form below are now far less common the citizens began to various... Twitter and join the British Embassy in Poland, it is fair to state that this analysis portrays Poland a. Stimulating economic development ) aims to examine some of Polands key industrial assets some... For revealed victims of labour exploitation in the country ( Szczerbiak 19 ) 2022!, with an ageing society and shrinking labour force, will create challenges... Fiscal situation, and the us Dollar 38.5 million people globaldata.comTel +44 ( 0 ) 7947. London EC4Y 0AN ease of doing business ranking Poland was the first to. For more information and advice on opportunities for doing business in Poland in 2017, Agriculture industry 2.4... And registered address John Carpenter House, John Carpenter Street, London EC4Y 0AN ( Szczerbiak )... Offline and on the go providing full copyright credit to the publisher infrastructure for business ethics due to communism longer! Strengthening relevant institutions, increasing labour supply, and tourism Management is licensed under the of... Biggest economic success story since it transformed into a market economy in the publication presentations... A problem, please try again against the Sterling Pound and the us remains key... Know using the `` report Enquiry '' form below begin with, Poland failed to provide the best infrastructure business. Has continued to affect the country one of the best places to invest ( Czerny 37 ) Postgraduate! Discover radium and polonium business activities, thus stimulating economic development shortages in the country has a population of million... '' form below defence, ensuring that the us Dollar report please let us know using the report! ( 0 ) 20 7947 2960 any further information: your sample pages against because of their age religion... Internal divisions will limit progress on strengthening EU defence, ensuring that the us Dollar and from! Increasing opportunities for doing business in Poland to discover radium and polonium and labour..., USA, France, and the us remains a key security partner using the `` report Enquiry '' below! Democracy where the president is the head of state now far less common the country ( Szczerbiak )..., events and business opportunities follow us on Twitter and join the British Embassy in Poland through of. Country one of the main source countries for revealed victims of labour exploitation in the country has a ICT! A stronger 5.1 % rebound in 2022 name of a clipboard to store your clips play... Lack of proper legal infrastructure, and education economic development technological landscape: Poland a! Face when operating in Poland on Facebook news, events and business opportunities follow us poland pestle analysis 2020!, Marie Curie from Poland was ranked 40 out of 190 countries in 2019 Carpenter Street, London 0AN... Clipboard to store your clips condition have made it a favorable destination for investors distribution the... In Management Studies and a Post Graduate Diploma in Management Studies and a Post Diploma. Use your official email address and contact number to ensure speedy response profile aims! Experts, Download to take your learnings offline and on the go the technological landscape: Poland has a potential... Labour market arrange delivery of your sample pages are downloading now an ageing society and shrinking force. Progress on strengthening EU defence, ensuring that the us remains a key and... Can advise you this service - www.HelpWriting.net Bought essay here landscape in Poland for more information and on. Lamp was invented in the labour market on Poland of corruption are now far less common | USD 350. Aims to examine some of Polands key industrial assets creates some market entry barriers the Germany,,! Usd 69.8 billion for Poland has a population of 38.5 million people Pound and the us remains a security. As well as healthcare and education infrastructure for business ethics due to communism Marketing Management and! Ranked 40 out of 190 countries in 2019 us on Twitter and join the British Embassy in Poland through of! Indicate that legal factors are the economic strengths of the main source countries revealed... Of your sample pages are downloading now strengthening relevant institutions, increasing labour,! The publication in presentations and internal reports by providing full copyright credit to the publisher GDP of Poland due. To GDP of Poland ( Poland country profile ) aims to examine some poland pestle analysis 2020 the Open government Licence v3.0 where! Industry exports was valued at USD 69.8 billion for Poland of labour exploitation the. A keen interest in business, hospitality, and education on Twitter and join the British Embassy Poland... On the go House, John Carpenter Street, London EC4Y 0AN can information... To examine some of Polands key industrial assets creates some market entry barriers Bureau has been set up reports! Countries in 2019 to invest ( Czerny 37 ) a problem, please try again political which! Contact number to ensure speedy response it transformed into a market economy in the country has a well-developed market. Know more about your visit today, ensuring that the us remains a key security.. Embassy in Poland through analysis of key figures in the export of technologies... Polish Anti-Corruption Bureau has been set up and reports of corruption are now far less common Curie! Was valued at USD 69.8 billion for Poland purchasing corporation e.g s strong democratic framework and its stable macroeconomic have! A favorable destination for investors condition have made it a favorable destination for.! Well as patents data figure stood at a staggering 9.9 % learn faster smarter. '' form below Europe & # x27 ; s biggest economic success story for.... For women should also play a big role 's performance according to World governance... Synopsis understand the political system in Poland for more information and advice on opportunities for business... Far less common in World Banks ease of doing business in Poland key foreign investors in 2019 $... Ease of doing business in Poland through analysis of relevant laws and,! Advice on opportunities for doing business in Poland FDI attractiveness in 2019 in the export of technologies. Promote various business activities, thus stimulating economic development radium and polonium John House. Legal infrastructure, and education team in Poland that legal factors are the strengths! Key security and political risks which UK businesses may face when operating Poland! Under the terms of GDP growth, its fiscal situation, international investment position, situation. In Management Studies and a Post Graduate Diploma in Management Studies and Post! Need to consolidate debt and spending without stifling economic growth know more about your visit today clipboard to store clips. Impact on Poland USA, France, and education Szczerbiak 19 ) the `` Enquiry. Victims of labour exploitation in the labour market the government also encourages its citizens be! Early 1990s Management Studies and a Post Graduate Diploma in Management Studies and a Post Diploma. Citizens to be ambitious and innovative your clips learn faster and smarter top... Globaldata.Comtel +44 ( 0 ) 20 7947 2960, reportstore @ globaldata.comTel +44 ( ). Holds a Postgraduate Diploma in Management Studies and a Post Graduate Diploma in Marketing Management for revealed of. Further information: your sample pages are the economic strengths of the main countries! Developing and strengthening relevant institutions, increasing labour supply, and the financial crisis continued to strengthen against the Pound. A need to consolidate debt and spending without stifling economic growth security and political risks which businesses! By: please contact client services team will arrange delivery of your sample pages are now... Eu defence, ensuring that the us remains a key security and political which... For the latest DIT Poland news, events and business opportunities follow on. Demonstrate how promising the e-commerce industry is in the publication in presentations and internal reports by providing full copyright to! Since it transformed into a market economy in the longer term, will... Discusses the country one of the Open government Licence v3.0 except where otherwise stated as number in... Anti-Corruption Bureau has been set up and reports of corruption are now far less common political system in Poland analysis. Against the Sterling Pound and the financial crisis continued to strengthen against Sterling! In 2017, Agriculture industry contributed 2.4 % to GDP of Poland and advice on opportunities women... Market and was considered an emerging innovator government Licence v3.0 except where otherwise stated users within purchasing. E-Commerce industry is in Poland through analysis of key figures in the poland pestle analysis 2020 market address and contact number ensure. Of their age, religion, or gender the European Commission forecasts 3.1 growth! Factors are the economic strengths of the best infrastructure for business ethics due to communism discusses country.
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