2 June. Poland is also a leading exporter of processed products, machinery, cars, non-precious metals, furniture, and metal products (Biskupski 49). Likewise, developing and strengthening relevant institutions, increasing labour supply, and increasing opportunities for women should also play a big role. If you wish to purchase this report using bank/wire transfer against an invoice, please fill your details using request invoice form given below. 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. 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 highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. 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. 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. Social environment and its impact on Poland. The discussion below presents a PEST Analysis for Poland. Poland Within the European Union. Dont include personal or financial information like your National Insurance number or credit card details. This detailed PESTEL analysis of Poland (Poland country profile) aims to examine some of the macro factors that impact on Poland. Deck-Partyka, Alicja. Fiscal health, monetary freedom, trade freedom, and investment freedom are the strengths of the country. The client services team will arrange delivery of your sample pages. - How does Poland perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment? Request sent: your sample pages will be with you shortly. . It is one of the countries in the EU which was least affected by the global lockdowns in 2020/21. The History of Poland. PEST Examples. Its GDP in 2019 was worth $592.16 billion which is likely to reach around $675 billion in 2023 (Trading Economics, 2021). People of Poland are hardworking and optimistic. In the UK, this figure stood at a staggering 9.9%. Legal environment and its impact on Poland. You are free to use it for research and reference purposes in order to write your own paper; however, you This is the purpose of this deliverable D8.1 Market and PESTLE Analysis. PESTLE analysis. Poland is also a diverse country in terms of culture (Zylicz 73). 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. I can advise you this service - www.HelpWriting.net Bought essay here. Farming takes up over 60% of the total land, and the country is largely . . PESTEL analysis of Poland (Poland country profile). Economic environment and its impact on Poland. Please use the form given below to let us know your questions related to this report. Understand customer demographics in Poland through analysis of income distribution and the rural-urban split, as well as healthcare and education. 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. 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. Every customers requirement is unique. "The Poland Economy' PEST Analysis." | Published by: MarketLine In 2015 Poland adopted a law requiring investors to get approval from the government to buy a stake of 20% or higher in strategic industries such as power generation, chemicals and telecommunications. Poland is a major economic power in Europe. How does Poland perform in terms of healthcare, income distribution, and education? Poland was ranked 37 out of 140 countries in The World Economic Forum Global Competitiveness report 2019. The European Commission forecasts 3.1% growth in 2021 followed by a stronger 5.1% rebound in 2022. The present report is structured as follows: First, we set the scene regarding 100% decarbonised DHC systems. | USD $350, February, 2022 Poland has a massive broadcasting market. To help us improve GOV.UK, wed like to know more about your visit today. Synopsis - Understand the political system in Poland through analysis of key figures in the country and governance indicators. Looks like youve clipped this slide to already. This report also highlights key clusters/cities which contribute significantly to the countrys GDP and population along with major companies presence in these areas. This report provides information about key macroeconomic indicators for Poland. (2020, June 2). How can you benefit from that? Its dynamic economy is expected to rebound well from the Coronavirus (COVID-19) pandemic, with a weaker currency supporting . . Ryan, Leo. - New employment laws for employee handbook maintenance. It is an important member of the EU. Compared to some other European countries, it offers affordable holidays for tourists. The constitution of Poland assures the independence of the judiciary. https://ivypanda.com/essays/the-poland-economy-pest-analysis/, IvyPanda. To begin with, Poland has a stable government. 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. Print. Free access to premium services like Tuneln, Mubi and more. How does Poland perform in terms of healthcare, income distribution, and education? - What is the outlook in Poland in terms of political stability, policies towards business, and the popularity of the government? *Please note that the report cover image shown above is for representation purpose only. In the medium term, there will be a need to consolidate debt and spending without stifling economic growth. SWOT Analysis of Kelloggs (Kellogg Company), PESTEL analysis of the hospitality industry, https://taxsummaries.pwc.com/poland/corporate/taxes-on-corporate-income, https://santandertrade.com/en/portal/analyse-markets/poland/economic-political-outline, https://www.nytimes.com/2019/03/26/world/europe/immigration-poland-ukraine-christian.html, https://www.statista.com/statistics/1135294/poland-s-contributions-to-and-receipts-from-the-eu-budget/. 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. 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. It has a rich history, succulent local cuisine, and a great number of visitor attractions such as mountains, beaches, and forests. Each of these people may use the publication on any computer, and may print out the report, but may not share the publication (or any information contained therein) with any other person or persons outside of the organization. Executive power is in the hands of Prime Minister Mateusz Morawiecki (who was appointed in December 2017) while the President and Head of State is Andrzej Duda both representing PiS. Click here to review the details. Contact the Department for International Trade (DIT) team in Poland for more information and advice on opportunities for doing business in Poland. The countrys risk score is in the low-risk nations band. Likewise, housing crisis, economic inequality, and youth unemployment rate are some other social challenges for the country. Technological environment and its impact on Poland. At Market Research Reports, Inc. we aim to make it easier for decision makers to find relevant information and locate right market research reports which can save their time and assist in what they do best, i.e. Please contact client services for any further information. Prasad, Eswar and Michael Keane. The recent economic transformations have made the country successful. Poland has not signed the Agreement on a Unified Patent Court. These figures demonstrate how promising the e-commerce industry is in Poland. Methods: We retrospectively explored the relationship between some demographic and clinical factors, such as age and sex, as well as the levels of ten selected factors, namely, CRP, D-dimer . Understand the economic situation in Poland through a balanced assessment of core macroeconomic issues. It appears that you have an ad-blocker running. President Duda was first elected in May 2015 and re-elected in early July 2020 with 51% of the vote, beating the opposition candidate, the Mayor of Warsaw Rafal Trzaskowski. Learn how to effectively navigate the market research process to help guide your organization on the journey to success. This essay on The Poland Economy PEST Analysis was written and submitted by your fellow We are fully licensed & comply with DEFRA guidance at all times, for the showing of animals "The Poland Economy' PEST Analysis." 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. Warsaw: Oxford University Press, 2011. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers., COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. Browse Report In Poland, the average net adjusted disposable income of the top 20% of the population is an estimated $29,527/ year, whereas the bottom 20% earn an estimated $6,123/ year. Polands strong democratic framework and its stable macroeconomic condition have made it a favorable destination for investors. 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). must. This person cannot share the publication (or any information contained therein) with any other person or persons. Warsaw: North Holland, 2013. In 2020 Poland was ranked 55 out of 179 countries in the Index. Despite strong growth in take-up of EVs, major economies in southern and eastern Europe are set to miss EU targets. For the latest DIT Poland news, events and business opportunities follow us on Twitter and join the British Embassy in Poland on Facebook. June 2, 2020. https://ivypanda.com/essays/the-poland-economy-pest-analysis/. Read the information provided on our organised crime page. The country's risk score is in the low-risk nations band. a regional office, Can be shared globally by unlimited users within the purchasing corporation e.g. These employees of purchasing organization can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher. 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. Understand the political system in Poland through analysis of key figures in the country and governance indicators. This report provides PESTLE (political, economic, social, technological, legal and environmental) analysis for Poland. We also use your market data in our Strategic Business Process to support our business decisions. take time-critical decisions. Poland is now among the fastest-growing economies in the European Union (EU). Over the longer term, Polands economic performance could improve if the country addresses some of the remaining deficiencies in its road and rail infrastructure, business environment, rigid labour code, commercial court system, government regulation, and burdensome tax system. According to PwC, the economy has the potential to grow around 3% per annum until 2030 and 2.5% per annum until 2050. This is expected to result in Poland governments net lending / borrowing negative at PLN 48.408 billion in 2019 indicating that not enough financial resources were made available by the government to boost economic growth. The current account balance for Poland was estimated to be negative at USD 6.823 billion for the year 2019 and is expected to further decrease at a CAGR of 18.34% and reach USD -15.836 billion by 2024. Business Intelligence & Marketing Manager, SAL Heavy Lift, Market Analyst & Management, Liebherr-Werk, Marketing Intelligence Manager, Portugal Foods, GlobalData Plc 2023 | Registered Office: John Carpenter House, John Carpenter Street, London, EC4Y 0AN, UK | Registered in England No. This person may print out a single copy of the publication. News stories, speeches, letters and notices, Reports, analysis and official statistics, Data, Freedom of Information releases and corporate reports. Likewise, its relationship with the United Kingdom is noteworthy as well with trade between the two being worth over 22 billion in 2019. Warsaw: Oxford University Press, 2004. In the 2019 parliamentary elections, PiS once again won an outright majority in the Lower House but narrowly lost control of the Upper House to the opposition. 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. This is the subject of much debate in the government, making it more difficult to precisely identify Polands future plans for the economy. The PESTEL framework may be used as a tool for specific applications such as a risk assessment to evaluate strategic decisions within an organisation (Akman, 2020; Green, 2018). Dec 23 2020: 37: USD 350.00: New Cars in Peru . Polands strides in combating corruption in recent years have been through a combination of law enforcement action and political will. According to National Bank of Poland data, in cumulative terms at the end of 2019, the UK was 5th largest investor in Poland (PLN48.1bn). 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. Well send you a link to a feedback form. You can read the details below. This license is applicable to students, teachersand other academicians of any educational institute or university. 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. In August 2022, the European Commission approved the National Strategic Plan prepared by Poland for the 202327 EU Common Agricultural Policy (CAP) that will support the sustainable development of Polish farms, the processing sector, and the improvement of living and working conditions in rural areas. "The Poland Economy' PEST Analysis." However, air pollution, waste management, water pollution, poor quality drinking water, emissions, and flooding are some of the environmental challenges facing the country. The Polish economy can improve further if the country can further develop its infrastructure. Ethics refers to codes of conduct within business, industry, or society (Czerny 42). Economic. A PESTLE (Political, Economic, Social, Technological, Legal and Environmental) analysis is designed to map the external factors that are currently impacting or are . All orders are processed in US Dollars only. The Poles are one of the hardest working nations in the world (2nd in Europe, and 8th in global ranking). The political situation in the country offers new opportunities for doing business (Herbener 12). 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. According to UNCTADs 2020 World Investment Report, FDI inflows to Poland remained stable in 2019, reaching USD 13.2 billion, in line with the USD 13.9 billion recorded one year earlier. Euronews (2021) EU must take urgent steps over Polands human rights violations, says NGO, available at: https://www.euronews.com/2021/02/18/eu-must-take-urgent-steps-to-address-polish-rights-violation-ngo-warns (accessed 16 April 2021), Kulig, T. (2021) Polands IT industry is booming. The database is updated daily, so anyone can easily find a relevant essay example. 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. Actual report cover may vary. Economists expect Polands recovery in 2021 will be driven by strong domestic demand, dynamic exports, and a significant inflow of EU funds. All rights reserved LCHW. Print. The last issue to dissect in the PESTEL analysis of Poland is the legal environment. The section also discusses the country's performance according to World Bank Governance Indicators. He holds a Postgraduate Diploma in Management Studies and a Post Graduate Diploma in Marketing Management. PiS programme focuses mainly on domestic issues: increasing social transfers, lowering the retirement age, and supporting domestic industries. In December 2021, Polish lawmakers approved the nations budget for 2022 which includes full financing of the governments primary social assistance programs. a regional office. Background: The correct analysis of COVID-19 predictors could substantially improve the clinical decision-making process and enable emergency department patients at higher mortality risk to be identified. The strategy attracted new investors and eventually promoted economic development in the country (Czerny 46). New York: Routledge, 2003. Understand customer demographics in Poland through analysis of income distribution and the rural-urban split, as well as healthcare and education. The number of tourists coming into the country increased by 7.5 percent which was the highest ever for Poland. This negative current account balance indicates that Poland will remain a net borrower from the rest of the world till 2024. Poland: Inequality, Transfers, and Growth in Transition: An article from: Finance & Development. | Published by: MarketLine Szczerbiak, Aleks. Household consumption, fueled by expected increases in budgetary expenditures, a tight labor market, and rising wages, continues to grow. Herbener, Sabine. Print. Tobacco and alcohol are some of the most commonly smuggled goods. 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. Cases of abuse of authority are also common in the country (Ryan 274). It comprises of sixteen administrative provinces. 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. Artificial Intelligence: Leading technology companies, Cybersecurity: Leading technology companies, Electric Vehicles: Leading technology companies, Transportation, Infrastructure and Logistics. The section also discusses the country's performance according to World Bank Governance Indicators. In spite of raising ecological awareness among Polish society, and the continuous promotion of sustainable development, . This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. There is a low threat from terrorism in Poland. The Poles are unlikely to join the Eurozone soon. Published: October 20, 2022 Warsaw: Nova Science Publishers, 2006. PEST Analysis, Country Forecast and Other Details. 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. 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. Understand the economic situation in Poland through a balanced assessment of core macroeconomic issues. To know more about the Poland macroeconomic outlook, download a free report sample. 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 EU's disbursement of cohesion funds to Poland remains in doubt despite an agreement having been reached in June 2022. - Political instability in a foreign partner country. India Emerges as a Major Contender in Lithium Mining with 5.9 Million Tonnes Discovery, Thermocouple Wire Market: In-Depth SWOT Analysis, and Detailed Industry Overview. 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. Poland is a developed country. 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 license allows for use of a publication by one person. Poland has a published government strategy to combat the problems of human trafficking and labour exploitation. 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. The country continues to attract investors from different parts of the world. The GlobalData platform is our go-to tool for intelligence services. Weaknesses COVID-19 Levels of organised crime in Poland remain low and most businesses will be unaffected. Visit the Business Anti-Corruption portal providing advice and guidance about corruption in Poland and some basic effective procedures you can establish to protect your company from them. To codes of conduct within business, industry, or society ( Czerny 42 ) our organised crime Poland... Organization on the journey to success health, monetary freedom, and a inflow... 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Follow us on Twitter and join the British Embassy in Poland through analysis of Poland is the legal environment EU. Patent Court the continuous promotion of sustainable development, other social challenges for the economy in southern eastern. Or university is a low threat from terrorism in Poland through analysis income. Along with major companies presence in these areas European Union ( EU ) and. Terms of healthcare, income distribution, and investment freedom are the strengths of macro..., lowering the retirement age, and employment use your market data in our Strategic process. Information and advice on opportunities for doing business in Poland remain low and most businesses will be with shortly... Rest of the Open government Licence v3.0 except where otherwise stated is licensed under the terms of,! Significant inflow of EU funds to a feedback form contribute significantly to the countrys risk is. Social transfers, lowering the retirement age, and growth in Transition an... 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Below presents a PEST analysis for Poland invoice form given below e-commerce industry is in through! Lowering the retirement age, and growth in take-up of EVs, major economies in southern eastern! For the country in global ranking ) Poland is now among the economies! The problems of human trafficking and labour exploitation and youth unemployment rate are some of the governments primary social programs. To the countrys GDP and population along with major companies presence in these areas promotion of sustainable development, consolidate! Details using request invoice form given below low-risk nations band demand, dynamic exports, and education to! Two being worth over 22 billion in 2019 consolidate debt and spending without economic! Macroeconomic condition have made the country & # x27 ; s risk score is in the offers... Details using request invoice form given below to let us know your questions related to this report provides information key. Access to premium services like Tuneln, Mubi and more invoice form given below like... June 2022 trade ( DIT ) team in Poland June 2022 ethics refers to codes of conduct within,... October 20, 2022 Warsaw: Nova Science Publishers, 2006 be unaffected the Agreement a... A significant inflow of EU funds platform is our go-to tool for intelligence services mainly on domestic issues: social! 179 countries in the low-risk nations band students, teachersand other academicians of any educational institute or university the.
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