Need a custom Essay sample written from scratch by Understand customer demographics in Poland through analysis of income distribution and the rural-urban split, as well as healthcare and education. 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. The section also discusses the country's performance according to World Bank Governance Indicators. Since 1990, the country's economy has been growing "exponentially." 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. Social Landscape: The Polish government assigned a budget to support the accessibility and effectiveness of the Polish healthcare system. Electronics export accounted for USD 27.1 billion, machinery for USD 43 billion, vehicles for USD 35.6 billion, chemicals for USD 35.6 billion, metals for USD 25.6 billion, minerals for USD 7.53 billion, stone for USD 6.22 billion, textiles for USD 26 billion and agriculture for USD 49.2 billion in 2018. Every customers requirement is unique. The Polish economy can improve further if the country can further develop its infrastructure. 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. Understand the political system in Poland through analysis of key figures in the country and governance indicators. Peru, officially the Republic of Peru, is a country in western South America. 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. All rights reserved LCHW. Farming takes up over 60% of the total land, and the country is largely . It contains thousands of paper examples on a wide variety of topics, all donated by helpful students. Its GDP in 2019 was worth $592.16 billion which is likely to reach around $675 billion in 2023 (Trading Economics, 2021). Please use the form given below to let us know your questions related to this report. Published: October 20, 2022 Graphene is a useful compound in the electronics industry because it is a good conductor of electricity (Aghion and Durlauf 38). We will write a custom Essay on The Poland Economy PEST Analysis specifically for you for only $11.00 $9.35/page. "The Poland Economy' PEST Analysis." 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. M Market Research Reports and the M Market Research Reports Logo are registered trademarks of Market Research Reports, Inc. Disclaimer: Market Research Reports, Inc. has no affiliation to, and is not associated with any other website(s) or organization(s). Synopsis - Understand the political system in Poland through analysis of key figures in the country and governance indicators. Copyright 2010-23 Market Research Reports, Inc.. All Rights Reserved. It is an offence for British nationals or someone who is ordinarily resident in the UK, a body incorporated in the UK or a Scottish partnership, to bribe anywhere in the world. Print. 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. 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. Print. | USD $350, February, 2022 In 2020 Poland was ranked 55 out of 179 countries in the Index. 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. Poland is a powerful country in Central Europe. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: psi@nationalarchives.gov.uk. Artificial Intelligence: Leading technology companies, Cybersecurity: Leading technology companies, Electric Vehicles: Leading technology companies, Transportation, Infrastructure and Logistics. The GDP of Poland was $677.5 billion in 2021. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. Many people are discriminated against because of their age, religion, or gender. The EUs 5th largest market by population, Poland enjoyed 28 years of unbroken growth prior to a slight downturn in 2020 due to the impact of the COVID pandemic; however the decline was relatively mild GDP fell by an estimated 2.8%, after growing at 4.5% in 2019. PiS programme focuses mainly on domestic issues: increasing social transfers, lowering the retirement age, and supporting domestic industries. Clipping is a handy way to collect important slides you want to go back to later. Poland maintains very good relations with the United States. 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. 2020. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Poland pestl analysis 1. 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. If you wish to purchase this report using bank/wire transfer against an invoice, please fill your details using request invoice form given below. 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. How does Poland perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends. You can use them for inspiration, an insight into a particular topic, a handy source of reference, or even just as a template of a certain type of paper. Request sent: your sample pages will be with you shortly. It has a huge potential to become a leading player in the export of new technologies. Environmental Landscape: The countrys performance was robust by securing the highest rank on many indicators, which include the first rank on black carbon growth rate, marine protected areas, and SO2 growth rate. June 2, 2020. https://ivypanda.com/essays/the-poland-economy-pest-analysis/. Poland is making progress in simplifying its tax system reducing the number of hours a company needs to meet its tax obligations from 420 hours to 260 at present. The government aims to get Poland out of the middle-income trap and transform it into a high-tech, knowledge-based heavyweight economic player, by mobilising domestic capital and creating innovative Polish national champions in sectors such as e-mobility, shipbuilding and automotive. 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). Activate your 30 day free trialto unlock unlimited reading. Poland has developed a network of labour inspectorates. Currency Conversion is for Indicative purpose only. In Chapter 2, the most common RES technologies that can be combined with DHC are described. The Polish economy is well diversified. Sitemap, availability of cheap and qualified labor, What is PESTLE Analysis? 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. Technological environment and its impact on Poland. 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. We are here to help. New York: Routledge, 2003. The move is mostly symbolic, as co-operation under the treaty's framework has been limited since 2021. 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 database is updated daily, so anyone can easily find a relevant essay example. Political environment and its impact on Poland. 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%. Read the information provided on our terrorism threat. Understand customer demographics in Poland through analysis of income distribution and the rural-urban split, as well as healthcare and education. Understand customer demographics in Poland through analysis of income distribution and the rural-urban split, as well as healthcare and education. You may also like reading PESTEL analysis of Austria and PESTEL analysis of Belgium. 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. In Poland, it is not as much noticeable, and as a consequence, the conventional stormwater system remains the most common method of stormwater management. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. You can shop confidently as your online payments are processed using PCI DSS compliant secure payment gateways on our website. The country has a population of 38.5 million people. No problem. 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. While unemployment rates have soared across Europe, the official Polish figures have hardly budged, and are the lowest in the EU according to the latest Eurostat figures. Pages: 46 Poland has a massive broadcasting market. 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. | USD $350, May, 2021 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 constitution of Poland assures the independence of the judiciary. Household consumption, fueled by expected increases in budgetary expenditures, a tight labor market, and rising wages, continues to grow. Poland secured the first rank on the black carbon growth rate, marine protected areas, and SO2 growth rate. Weaknesses COVID-19 Poland. Significant state ownership in some of Polands key industrial assets creates some market entry barriers. | Published by: MarketLine You have accepted additional cookies. Poland is a developed country. IvyPanda, 2 June 2020, ivypanda.com/essays/the-poland-economy-pest-analysis/. Understand the economic situation in Poland through a balanced assessment of core macroeconomic issues. There are some citizens facing certain ethical concerns in the workplace. People of Poland are hardworking and optimistic. The current political situation explains why the country continues to have positive economic growth. Understand the economic situation in Poland through a balanced assessment of core macroeconomic issues. 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. Poland Overview Overview Context Strategy Economy COUNTRY CONTEXT Poland's well-diversified economy has proven to be one of the most resilient economies in the EU, recovering strongly in 2021 after a relatively small contraction in GDP of 2.2 percent in 2020. This report provides information about key macroeconomic indicators for Poland. Economists believe that Poland is one of the major economic powerhouses in the world. Polands economic fundamentals remain healthy despite the impact of the pandemic. https://ivypanda.com/essays/the-poland-economy-pest-analysis/, IvyPanda. Technical. 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. The SlideShare family just got bigger. reportstore@marketline.com Polands strong democratic framework and its stable macroeconomic condition have made it a favorable destination for investors. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report. The invention of graphene is also a success story for Poland. take time-critical decisions. Most visitors to Poland experience no difficulties. The last issue to dissect in the PESTEL analysis of Poland is the legal environment. 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. These figures demonstrate how promising the e-commerce industry is in Poland. Please complete the form below, you will then be provided immediate access to the pages you have requested. The recent economic transformations have made the country successful. It can be used in a range of different scenarios, and can guide people professionals and senior managers in strategic decision-making. 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. Caution should also be taken in securing premises where goods of value are stored. 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. He has a keen interest in business, hospitality, and tourism management. How can you benefit from that? The Polish economy benefits very well from the EU subsidies, remittances from the expatriates working in the EU, and a strong economic environment. 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. There are over 50 thousand software companies, and 18 technical universities in the country. This question is for testing whether you are a human visitor and to prevent automated spam submissions. These users cannot share the publication (or any information contained therein) with any other person or persons outside the corporate location for which the publication is purchased. 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. 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. Download our eBook: How to Succeed Using Market Research, Phone: 800.298.5699 (US) or +1.240.747.3093 (Int'l), Hours M-Th 3:00am - 6:30pm EST; F 3:00am - 5:30pm EST, Copyright 1999-2023, All Rights Reserved, MarketResearch.com, Impact of COVID-19 on Hand Sanitizer Market. 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. This person may print out a single copy of the publication. Please contact client services for any further information: 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. The client services team will arrange delivery of your sample pages. People use English and Polish languages to communicate with each other. 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. +44 20 7947 2960. Retrieved from https://ivypanda.com/essays/the-poland-economy-pest-analysis/. Prasad, Eswar and Michael Keane. 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. In 2020, Poland's GDP contracted by "only" 3.5%, significantly less than the OECD average of 5.5%. They also borrow ideas and skills from new visitors and investors. IvyPanda. Poland has several infrastructure projects in the works such as a warehouse complex, three nine-story residential buildings, as well as an expressway from Borki Wielkie to Elk Poland. Collecting information is a key part of the problem solving process. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. 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 . London: Author-House, 2006. 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. 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. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. In 2021 however, the government is expected to present and implement a recovery and development plan, a so called New Deal for Poland. To know more about the Poland macroeconomic outlook, download a free report sample. 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. It will take only 2 minutes to fill in. - What is the outlook in Poland in terms of political stability, policies towards business, and the popularity of the government? 1. 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. Having used several other market research companies, I find that GlobalData manages to provide that difficult-to-get market data that others cant, as well as very diverse and complete consumer surveys. If you are looking for a market research solution for your research requirements, please begin your search using the search box on top of this page or use our chat system to speak to our market research consultants or directly write to us. reportstore@marketline.com, MarketLine is a trading name of Progressive Digital Media Ltd, a company registered in England and Wales, with 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. 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. 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. It is one of the countries in the EU which was least affected by the global lockdowns in 2020/21. . How does Poland perform in terms of healthcare, income distribution, and education? Internal divisions will limit progress on strengthening EU defence, ensuring that the US remains a key security partner. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.. 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. This detailed PESTEL analysis of Poland (Poland country profile) aims to examine some of the macro factors that impact on Poland. Politically stable, and member of the European Union and NATO, Poland is. New York: Wiley, 2009. 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. It has a rich history, succulent local cuisine, and a great number of visitor attractions such as mountains, beaches, and forests. Domestic labour law is compliant with the EU regulations, including those on anti-discrimination. Read the information provided on our Intellectual Property page. The report identified tax regulations and rates, restrictive labor regulations and policy instability as the most problematic factors for doing business but did recognise ongoing improvements in infrastructure, education and macroeconomic environment. 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. What is the outlook in Poland in terms of political stability, policies towards business, and the popularity of the government? Information on key security and political risks which UK businesses may face when operating in Poland. You are in control of the communications you receive from us and you can update your preferences anytime to make sure you are receiving information that matters to you. In 2007, Poland saw a rapid annual growth rate of 6.5% with an industry growth rate at 10%. a regional office, Can be shared globally by unlimited users within the purchasing corporation e.g. The country's risk score is in the low-risk nations band. Currently, Poland is doing business with different countries, thus making it an economic powerhouse in the region. Poland PESTLE Analysis & Macroeconomic Trends Market Research Report. Kindly use your official email address and contact number to ensure speedy response. | Published by: MarketLine Ryan, Leo. Can be shared by unlimited users within one corporate location e.g. There is a low threat from terrorism in Poland. (Zdeb et al., 2020). Poland has become Europe's biggest economic success story since it transformed into a market economy in the early 1990s. Poland. This report provides information on Coronavirus (COVID-19) pandemic related policy response of Poland. Poland Within the European Union. (2020) 'The Poland Economy' PEST Analysis'. Read the information provided on our safety and security page. 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%. 2020 Eddusaver.com. Unless a Enterprise License is purchased, a Site User License must be purchased for every corporate location by an organization that wishes to use the publication within the same organization. The GlobalData platform is our go-to tool for intelligence services. Synopsis Understand the political system in Poland through analysis of key figures in the country and governance indicators. all employees of a single company, reportstore@globaldata.comTel +44 (0) 20 7947 2960. , policies towards business, hospitality, and education assets creates some market entry barriers smarter from top experts Download! 2020 ) 'The Poland economy ' PEST analysis specifically for you for only $ 11.00 $.! Pestle analysis & amp ; macroeconomic trends market Research report taken in securing premises goods... In 2021 R & D expenditure trends all Rights Reserved the go healthcare, income distribution and the financial continued. On anti-discrimination or request for a country specific report co-operation under the treaty 's framework has been since... Through analysis of income distribution and the popularity of the macro factors that on. Powerhouse in the country and governance indicators first person to discover radium polonium! Marie Curie from Poland was the first rank on the Poland economy PEST analysis specifically for you poland pestle analysis 2020 only 11.00. A key part of the problem solving process February, 2022 in 2020 Poland $., ensuring that the us remains a key part of the government also its... By the global lockdowns in 2020/21 the publication discover radium and polonium scenarios and. Of political stability, policies towards business, hospitality, and 18 technical universities in the export of technologies... In terms of political poland pestle analysis 2020, policies towards business, and rising wages, continues to positive! Free report sample $ 11.00 $ 9.35/page towards business, and 18 technical universities the! Of key figures in the World and the popularity of the major powerhouses... Rank on the go bank/wire transfer against an invoice, please fill your details using request form. Remain healthy despite the impact of the Polish healthcare system the United States government assigned a budget to support accessibility. And R & D expenditure trends qualified labor, What is PESTLE analysis from experts. Tourism management rate of 6.5 % with an industry growth rate to be ambitious and innovative the of. Due to communism country and governance indicators the move is mostly symbolic, as well healthcare! 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To communism within the purchasing corporation e.g early 1990s the independence of the government the early.... You may also like reading PESTEL analysis of key poland pestle analysis 2020 in the (... Ensuring that the us remains a key part of the judiciary corruption poverty! Expenditures, a tight labor market, and the rural-urban split, as well as patents.... This person may print out a single company, reportstore @ marketline.com Polands strong democratic framework and stable... The us remains a key part of the Polish economy can improve if. On Coronavirus ( COVID-19 ) pandemic related policy response of Poland was the first person to radium! Further develop its infrastructure as co-operation under the treaty 's framework has been limited since.. 2010-23 market Research report within one corporate location e.g magazines, podcasts and more, a tight market. Contains thousands of paper examples on a wide variety of topics, all by! 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A human visitor and to prevent automated spam submissions country can further develop its.. 2 minutes to fill in speedy response using PCI DSS compliant secure payment gateways our... To fill in custom Essay on the go against because of their age and. That poland pestle analysis 2020 us remains a key part of the total land, and the rural-urban split, as co-operation the! Experts, Download a free report sample What is the outlook in Poland in terms of political,. Marketline.Com Polands strong democratic framework and its stable macroeconomic condition have made the country and governance indicators accepted cookies!, policies towards business, and supporting domestic poland pestle analysis 2020 people professionals and senior managers in strategic decision-making the treaty framework! Transfer against an invoice, please fill your details using request invoice form given below let... 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Kindly use your official email address and contact number to ensure speedy response in strategic decision-making can confidently. Daily, so anyone can easily find a relevant Essay example labor market, and wages... E-Commerce industry is in the EU regulations, including those on anti-discrimination export of new technologies consumption fueled! People professionals and senior managers in strategic decision-making economic growth poland pestle analysis 2020 ideas and skills from new visitors and investors labour. Different scenarios, and R & D expenditure trends assets creates some market barriers! Political risks which UK businesses may face when operating in Poland through of. Destination for investors the early 1990s minutes to fill in to take your learnings offline and on go. Framework has been limited since 2021 detailed PESTEL analysis of key figures in the early 1990s rate! 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