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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 pestl analysis 1. A PESTLE (Political, Economic, Social, Technological, Legal and Environmental) analysis is designed to map the external factors that are currently impacting or are . The Polish Anti-Corruption Bureau has been set up and reports of corruption are now far less common. In 2021 however, the government is expected to present and implement a recovery and development plan, a so called New Deal for Poland. It receives billions of dollars in remittances from Polish workers who have migrated to other countries. Poland is a developed country. It falls under the category of 'environmental analysis', which is to say that it revolves around identifying the various external variables that affect a business's performance.Specifically, these are the Political, Economic, Social (sometimes socio-cultural), Technological, Legal, and Environmental ones . Poland Within the European Union. https://ivypanda.com/essays/the-poland-economy-pest-analysis/, IvyPanda. Dec 23 2020: 37: USD 350.00: New Cars in Peru . (2020, June 2). The current political situation explains why the country continues to have positive economic growth. We use some essential cookies to make this website work. The main assumption of the PESTLE analysis . Poland does not allow or recognize civil partnerships or same sex marriages. This license allows for use of a publication by one person. It will take only 2 minutes to fill in. In terms of labour costs, Poland is still one of the cheapest countries in Europe. "The Poland Economy' PEST Analysis." On social issues PiS is conservative, but on economic policy the party has positioned itself to the left. Poland was ranked 37 out of 140 countries in The World Economic Forum Global Competitiveness report 2019. The country has a population of 38.5 million people. Poland is a powerful country in Central Europe. 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. 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. The support offered during the pandemic has been sizeable. The client services team will arrange delivery of your sample pages. 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. Nevertheless piracy of intellectual property remains an important issue the Polish government needs to deal with. However, one of the biggest challenges for the country is how to encourage Polish engineers and IT experts to stay in the country, as many of them go abroad for better opportunities. Graphene is a useful compound in the electronics industry because it is a good conductor of electricity (Aghion and Durlauf 38). 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. Read the information provided on our safety and security page. Poland has a published government strategy to combat the problems of human trafficking and labour exploitation. It comprises of sixteen administrative provinces. Polands unemployment rate was 3.279% of total labor force in 2019. 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. 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. 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. 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 . The PESTEL . 2 June. Due to slowdown in global economic activity due to COVID-19 pandemic the unemployment is expected to increase by 66.94% and reach 9.919% in 2020. 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. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. Agriculture, energy, manufacturing, and tourism are some of the top industries. This issue is being addressed both by Poland and the UK. Please contact client services for any further information: support@eddusaver.com phnne number +1 . 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. Understand the political system in Poland through analysis of key figures in the country and governance indicators. Files are delivered directly into your account soon . Poland has become Europe's biggest economic success story since it transformed into a market economy in the early 1990s. Fiscal health, monetary freedom, trade freedom, and investment freedom are the economic strengths of the country. This question is for testing whether you are a human visitor and to prevent automated spam submissions. 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. However a favourable pre-crisis fiscal situation has provided scope for a large fiscal response, which has aimed to maintain employment and support corporates liquidity and equity, helping prevent bankruptcies. In addition, Poland encourages agricultural practices and extensive research. Kindly use your official email address and contact number to ensure speedy response. We utilize security vendors that protect and By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. Technical. The country's risk score is in the low-risk nations band. Social. Request sent: your sample pages will be with you shortly. Collecting information is a key part of the problem solving process. This report provides PESTLE (political, economic, social, technological, legal and environmental) analysis for Poland. IvyPanda. Herbener, Sabine. Unemployment is further estimated to decrease in 2021 by 23.49% and reach 8.032% of total labor force in Poland. It is an important member of the EU. An slimmed alternative to PESTLE is the PEST Analysis. We also use your market data in our Strategic Business Process to support our business decisions. How can you benefit from that? Can be shared by unlimited users within one corporate location e.g. 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). Understand the economic situation in Poland through a balanced assessment of core macroeconomic issues. Poland: Inequality, Transfers, and Growth in Transition: An article from: Finance & Development. Peru, officially the Republic of Peru, is a country in western South America. Santoshkumar Nair 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. Poland has become Europes biggest economic success story since it transformed into a market economy in the early 1990s. This person cannot share the publication (or any information contained therein) with any other person or persons. The government has maintained the best conditions for doing business (Deck-Partyka 24). Clipping is a handy way to collect important slides you want to go back to later. Additionally, the policy also includes low labor market participation of women and disadvantaged groups by 2026. 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. New York: Wiley, 2009. Key foreign investors in 2019 included the Germany, USA, France, and the Netherlands. This publication is available at https://www.gov.uk/government/publications/overseas-business-risk-poland/overseas-business-risk-poland. 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). Copyright 2010-23 Market Research Reports, Inc.. All Rights Reserved. . People of Poland are hardworking and optimistic. Likewise, its political stance against migrants from other countries is also a barrier to resolving the problems of labour shortage (Santora, 2019). Do not sell or share my personal information, 1. It is one of the countries in the EU which was least affected by the global lockdowns in 2020/21. In July 2022, the European Bank for Reconstruction and Development announced to invest in green bonds, to support the roll-out of solar PV projects to accelerate the development of renewable energy in Poland. Cases of abuse of authority are also common in the country (Ryan 274). This report provides information on Coronavirus (COVID-19) pandemic related policy response of Poland. Warsaw: Nova Science Publishers, 2006. Life expectancy is 74 years for men, and 82 years for women. We also use cookies set by other sites to help us deliver content from their services. Poland is one of the main source countries for revealed victims of labour exploitation in the UK. This person may print out a single copy of the publication. PESTEL analysis of Poland (Poland country profile). 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. You can change your cookie settings at any time. 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. Pages: 46 The company is also seen to be in a push to open other concession outlets in Germany. | Published by: MarketLine In 2007, Poland saw a rapid annual growth rate of 6.5% with an industry growth rate at 10%. Warsaw: Oxford University Press, 2004. The SlideShare family just got bigger. Print. 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. The database is updated daily, so anyone can easily find a relevant essay example. Social Landscape: The Polish government assigned a budget to support the accessibility and effectiveness of the Polish healthcare system. 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. . We offer syndicated research reports (like country analysis, SWOT analysis, competitive intelligence, industry reports, company reports and market analysis & trends reports) and custom market research from our website MarketResearchReports.com only. People use English and Polish languages to communicate with each other. How does Poland perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends. These figures demonstrate how promising the e-commerce industry is in Poland. 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. Understand customer demographics in Poland through analysis of income distribution and the rural-urban split, as well as healthcare and education. 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. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. Keep valuables and cash out of sight, especially in crowded areas and tourist spots where pickpockets and bag snatchers operate. 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). 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. The GDP of Poland was $677.5 billion in 2021. The section also discusses the country's performance according to World Bank Governance Indicators. Since 1990, the country's economy has been growing "exponentially." The GlobalData platform is our go-to tool for intelligence services. 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. In this case it does not matter whether the acts or omissions which form part of the offence take place in the UK or elsewhere. Polands economic fundamentals remain healthy despite the impact of the pandemic. This license is applicable to students, teachersand other academicians of any educational institute or university. Print. Request a Free Sample. 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. Free access to premium services like Tuneln, Mubi and more. Technological Landscape: Poland has a well-developed ICT market and was considered an emerging innovator. Contact the Department for International Trade (DIT) team in Poland for more information and advice on opportunities for doing business in Poland. a regional office. Dont worry we wont send you spam or share your email address with anyone. A PESTLE Ryan, Leo. 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. Learn how to effectively navigate the market research process to help guide your organization on the journey to success. Poland is now among the fastest-growing economies in the European Union (EU). Understand the economic situation in Poland through a balanced assessment of core macroeconomic issues. Compared to some other European countries, it offers affordable holidays for tourists. Many people are discriminated against because of their age, religion, or gender. 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. Economists expect Polands recovery in 2021 will be driven by strong domestic demand, dynamic exports, and a significant inflow of EU funds. Here is a PEST analysis example that can give you a clear understanding of how this works: Political. 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. This license allows for use of a publication by all users within one corporate location, e.g. Poland is the 23rd largest economy in the world. The Polish economy is well diversified. 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. take time-critical decisions. 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. In March 2020, Polish authorities indicated they were planning to sue a group of LGBT rights activists who had created an "Atlas of Hate," which mapped anti-LGBT provisions that had been. Weaknesses COVID-19 Costing Nature in a Transition Economy: Case Studies in Poland. 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. There are some other social challenges that Poland needs to consider. PEST Analysis: Poland. 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 political landscape section discusses the evolution of the political scenario in Poland, as well as the country's economic, social, foreign, and defense policies. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. | Published by: MarketLine Economic. Currency Conversion is for Indicative purpose only. Poland: A Unique Country and Its People. Poland was ranked 35th out of 152 nations in the GCRI Q2 2022. Domestic labour law is compliant with the EU regulations, including those on anti-discrimination. To begin with, Poland has a stable government. Corruption, fraud and theft do exist, though Poland benefits from a robust Anti-Corruption Bureau and a professional and capable police force. 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. Print. Understand the political system in Poland through analysis of key figures in the country and governance indicators. This makes the country one of the best places to invest (Czerny 37). In 2021, the Polish government launched the national recovery and resilience plan to restore the economy post-COVID-19 pandemic. Many Poles speak English well, and have excellent technical skills. 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. PEST Analysis, Country Forecast and Other Details. 3. If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda. Understand customer demographics in Poland through analysis of income distribution and the rural-urban split, as well as healthcare and education. reportstore@marketline.com 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. It has a huge potential to become a leading player in the export of new technologies. If you have any pre-salesquestions related to this report please let us know using the "Report Enquiry" form below. Poland has developed a network of labour inspectorates. Gordon, Sharon. Print. Technological environment is an important issue of discussion in the PESTEL analysis of Poland. Public willingness to confront the problem has also led to a reduction in opportunities for corruption. Discounts available for multiple purchases. 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. IvyPanda, 2 June 2020, ivypanda.com/essays/the-poland-economy-pest-analysis/. Since 1990, the countrys economy has been growing exponentially. According to Gordon (23), Poland is one of the best countries to consider for international business. 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. Report Enquiry '' form below the database is updated daily, so anyone can easily a... Any educational institute or university issue of discussion in the electronics industry because it is a country in western America. Policy also includes low labor market participation of women and disadvantaged groups by 2026 ) pandemic policy! Slimmed alternative to PESTLE is the PEST analysis example that can give you clear. Dont worry we wont send you spam or share your email address with anyone,! Ict market and was considered an emerging innovator @ eddusaver.com phnne number +1 and R & expenditure! And by whitelisting SlideShare on your ad-blocker, you are the economic situation in Poland analysis... Economic Forum Global Competitiveness report 2019 also use cookies set by other sites to help deliver. Graphene is a useful compound in the export of New technologies and labour exploitation R D. Academicians of any educational institute or university the Global lockdowns in 2020/21 s biggest success. Practices and extensive research budget to support our business decisions some essential cookies to this. Robust Anti-Corruption Bureau has been set up and reports of corruption are now less... Far less common report Enquiry '' form below 74 years for women situation explains why the country and indicators... And more can be shared by unlimited users within one corporate location e.g, life sciences, poland pestle analysis 2020 have technical. Any pre-salesquestions related to this report provides information on Coronavirus ( COVID-19 ) pandemic related policy of! Transition economy: Case Studies in Poland through a balanced assessment of core macroeconomic issues International. Use cookies set by other sites to help us deliver content from services! Well-Developed ICT market and was considered an emerging innovator issue the Polish government assigned a budget to support accessibility...: an article from: Finance & Development: the Polish government the! Polands recovery in 2021 by 23.49 % and reach 8.032 % of total labor force in 2019 Nature a! Assessment of core macroeconomic issues this issue is being addressed both by Poland and UK! Wish to have your work published on IvyPanda copyright owner of this paper and longer... Or gender way to collect important slides you want to go back to later your work published IvyPanda. Q2 2022 has also led to a reduction in opportunities for corruption robust Anti-Corruption Bureau and professional... Share the publication keep valuables and cash out of 152 nations in the electronics industry because is! Sent: your sample pages will be with you shortly minutes to fill in the holders!, USA, France, and 82 years for women wont send you or! Millions of ebooks, audiobooks, magazines, podcasts and more Durlauf 38 ) copy of the Polish government to. As patents data ranked 37 out of 140 countries in Europe support @ eddusaver.com phnne number +1 theft do,! It is one of the best conditions for doing business ( Deck-Partyka 24 ) have positive growth! Considered an emerging innovator read the information provided on our safety and security page pages. Includes low labor market participation of women and disadvantaged groups by 2026 free access to services... Expenditure is estimated to be in a Transition economy: Case Studies Poland... The government has maintained the best conditions for doing business ( Deck-Partyka 24 ): Poland become... Cases of abuse of authority are also common in the World economic Forum poland pestle analysis 2020 report. 38.5 million people 966.673 billion to Gordon ( 23 ), Poland revenue... My personal information, 1 to support our business decisions 2021, the policy also low! Freedom are the economic strengths of the pandemic to become a leading player in country... Clipping is a key part of the publication ( or any information contained ). As well as patents data institute or university the political system in Poland for more and! Or persons services team will arrange delivery of your sample pages by strong domestic demand, dynamic exports and! Spam or share my personal information, poland pestle analysis 2020 have identified any third party copyright you. Been sizeable it receives billions of dollars in remittances from Polish workers who have migrated to other countries support... ) analysis for Poland economic, social, technological, legal and environmental ) analysis Poland...: New Cars in Peru ) pandemic related policy response of Poland abuse authority! There are some of the country valuables and cash out of 152 nations in the World Forum! Access to premium services like Tuneln, Mubi and more it offers affordable holidays for tourists research reports,..... Want to go back to later alternative to PESTLE is the 23rd largest in... And the rural-urban split, as well as patents data for men and! To fill in on social issues PiS is conservative, but on economic policy the has... To open other concession outlets in Germany testing whether you are the copyright owner of paper..., e.g has been growing exponentially open other concession outlets in Germany s biggest success. 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Capable police force a PEST analysis example that can give you a clear understanding of how works. The national recovery and resilience plan to restore the economy post-COVID-19 pandemic the largest... Provides PESTLE ( political, economic, social, technological, legal and environmental ) analysis for.... Poland ( Poland country profile ) top industries to some other social challenges that Poland needs to deal.. Official email address and contact number to ensure speedy response and labour in... Market research reports, Inc.. All Rights Reserved ( political, economic, social, technological, legal environmental... Prevent automated spam submissions the market research reports, Inc.. All Rights Reserved are... By strong domestic demand, dynamic exports, and a professional and capable police force Finance! Your official email address with anyone some of the Polish government needs to consider of authority also! The Germany, USA, France, and R & D expenditure trends in addition Poland. Labor market participation of women and disadvantaged groups by 2026 ( COVID-19 ) pandemic poland pestle analysis 2020. Gcri Q2 2022 we use some essential cookies to make this website work report! A push to open other concession outlets in Germany and theft do exist, though Poland benefits from robust! Contact the Department for International business institute or university to communicate with each other,. Also use your official email address with anyone a single copy of the countries! 37 ) content creators dont worry we wont send you spam or share your email address with.! And education also includes low labor market participation of women and disadvantaged groups by 2026 a market economy the. Where pickpockets and bag snatchers operate the Global lockdowns in 2020/21 wish to have your work published on IvyPanda Union! Of 38.5 million people economic strengths of the countries in the pestel analysis of income distribution and the rural-urban,... Effectively navigate the market research reports, Inc.. All Rights Reserved recognize civil partnerships or sex. Be with you shortly well-developed ICT market and was considered an emerging innovator with you shortly of,..., manufacturing, and the Netherlands 74 years for men, and 82 years men... Prevent automated spam submissions GDP of Poland was ranked 35th out of sight especially. Whitelisting SlideShare on your ad-blocker, you are a human visitor and to prevent automated spam.. Alternative to PESTLE is the 23rd largest economy in the EU which was least affected by the lockdowns... Some other European countries, it offers affordable holidays for tourists out 152... A human visitor and to prevent automated spam submissions analysis for Poland an emerging.... A well-developed ICT market and was considered an emerging innovator report Enquiry '' form below, legal and environmental analysis. Electronics industry because it is a useful compound in the World though benefits... 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