Presentation on Poland economy or business environment Presented by, Ashutosh Sharma Mail id:- [email protected]
May 13, 2015
Presentationon
Poland economyor
business environment
Presented by, Ashutosh Sharma Mail id:- [email protected]
President or prime minister
President of Poland Bronisław Komorowski Prime minister of Poland Donald Tusk
The financial centre of Poland The Poland Stock Exchange is, by market capitalisation, one of Central Europe's largest
Poland
Poland is a country in Central Europe.
The total area of Poland is 312,679 square kilometers.
it is the 69th largest country in the world and the 9th largest in Europe. With a population of over 38.5 million people.
The country consists of 16 states and its capital and largest city is Warsaw.
The government of the Poland Parliamentary republic, and the President Bronisław Komorowski or Prime Minister Donald Tusk
Poland Economy
it has the high-income economy which
makes the fastest growing within the EU.
Having a strong domestic market, low private debt, flexible currency.
The National Bank of Poland is the central bank of the Republic of Poland.
Cont…• Inflation -• Population
below poverty line -• FDI Stock -• Revenues -• Foreign reserves -
3.7%
10.6%$194.9$89.47 billion$97.93 billion
POLAND GDP
The Economy of Poland is a high income economy and one of the fastest growing economies in Europe.
GDP $813.8 billion
GDP growth1
.4%
GDP per capita$21,1
18
GDP BY SECTOR
agriculture: 3.5%
industry: 34.2%
services: 62.3%
2.6
3.7
5.1
7.0
6.2
7.1
5.0
4.54.3
1.21.4
3.9
5.3
3.6
6.2
6.8
5.1
1.7
3.8
4.3
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Poland’s GDP growth
•
In 2011 GDP growth amounted to 4.3%. In the 1st half of 2012 GDP
growth amounted to 2.9%.
The biggest growth contribution was made by domestic demand,
investment and exports.
Unemployment Rate
Mazowieckie10.0%
Podlaskie13.8%
Lubelskie13,0%
Podkarpackie15.0%Małopolskie
10.5%
Śląskie10.2%
Opolskie13.2%
Dolnośląskie12,5%
Lubuskie15.1%
Świętokrzyskie14.8%
Łódzkie13.1%
Wielkopolskie9.1%
Warmińsko--Mazurskie
19.2%
Pomorskie12.1%
Kujawsko--Pomorskie
16.7%
Zachodnio--Pomorskie
16.7%
15% >
11-15
10% <
as of 30 of June 2012
IMPORTS
They import goods from Germany,(27.3%)Russia(12.2%)Netherlands(5.9% )China(5.4%)Italy(5.2%) France(4.2% ).
The material they import , machinery and transport equipment , intermediate manufactured goods , chemicals, minerals, fuels, lubricants etc.
Total they import-$206.5 billion.
Polish imports
53.0 56.1 58.2 60.2 71.3 81.2 100.8 120.4 142.5 107.5 134.2 152.60
20
40
60
80
100
120
140
160
180
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
EUR
bln
imports in value
In 2011 Poland imports
increased by 14% comparing to the previous
year.
In the commodity structure of Poland imports the main groups of products were: • Products of the electromechanical industry
(17.5%);• products of chemical industry (8.8%);• mineral products (6.9%).
EXPORTS
They exports goods from Germany(26.0%),United Kingdom(7.0%)France(6.0%) Russia(5.2%)Italy(5.0%)Netherlands(4.6%)
The material they export, food and live animals, miscellaneous manufactured articles etc.
Total they export- $192.3 billion
Polish exports
34.3 40.3 43.3 47.4 59.6 71.4 87.9 101.8 116.2 98.2 120.4 136.760
70
80
90
100
110
120
130
140
0
20
40
60
80
100
120
140
160
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
exports in value
In 2011 Poland
exports was by 14% higher
than a year before
In the commodity structure of Polish exports the main groups of products were:• products of the electromechanical industry
(20.4%)• products of chemical industry (6.9%)• metallurgical products (5.9%)• agricultural and food products (5.6%)
Foreign Direct Investment
Inflow of FDI’s in 2011 amounted to nearly EUR 10 bln
Companies from Germany, the Netherlands and Luxembourg are the biggest foreign investors in Poland
Tax rates
Corporate Income Tax (CIT) rate 19%
Personal Income Tax (PIT) rate18% and 32%
Value added tax (VAT) basic rate: 23%
Social Security Tax paid by employer
between 19.48% and 22.14%
TH A
N
K
YO
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