poland pestle analysis 2020

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. Warsaw: North Holland, 2013. Wed like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. The GDP of Poland was $677.5 billion in 2021. We hope the article PESTEL analysis of Poland (Poland country profile) has been useful. Poland is a powerful country in Central Europe. Poland is a beautiful country. 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). The Polish economy can improve further if the country can further develop its infrastructure. Poland is a major economic power in Europe. The client services team will arrange delivery of your sample pages. The last issue to dissect in the PESTEL analysis of Poland is the legal environment. You can shop confidently as your online payments are processed using PCI DSS compliant secure payment gateways on our website. 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. Check benefits and financial support you can get, Find out about the Energy Bills Support Scheme, nationalarchives.gov.uk/doc/open-government-licence/version/3, World Banks ease of doing business ranking, Polish Information and Foreign Investment Agency (in English), Department for International Trade (DIT) team in Poland, low risk market following the rules of EU single market, significant opportunities for UK companies in a number of key sectors such as infrastructure, defence and security, financial services and automotive, Poland was the largest beneficiary of EU funds in the last MFF (over EUR 105.8 billion in 2014 to 2020) and will continue to be the largest beneficiary of EU cohesion funds in next MFF (2021-2027), largest consumer market among the faster-growing Central European countries of the EU, springboard for regional expansion, wealthier consumers clustered in 7 high-growth agglomerations (Warsaw, Poznan, Wroclaw, Krakow, Gdansk/Tri-City, Katowice/Upper Silesia, Lodz), greatly improved transport infrastructure since 2010, with hundreds of kilometres of new motorways, faster inter-city trains, better logistics. We've updated our privacy policy. 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. take time-critical decisions. Dec 23 2020: 37: USD 350.00: New Cars in Peru . Poland has become Europe's biggest economic success story since it transformed into a market economy in the early 1990s. This, together with continuing low interest rates and the execution of EU fundsrelated investments, will help sustain Poland's economic growth prospects in the near term. Poland is also a diverse country in terms of culture (Zylicz 73). 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. It is one of the countries in the EU which was least affected by the global lockdowns in 2020/21. 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. Technological environment is an important issue of discussion in the PESTEL analysis of Poland. Minimum wages were 583.48 euro per month in the third quarter of 2020 which increased to 614.08 euro per month in the first quarter of 2021 which equals to 7368.96 euro per year (Trading Economics, 2021). Pages: 46 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. Short-term disruption is leading to a new equilibrium in which Russia will have far less economic leverage over Europe. Economic environment and its impact on 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 . The Polish Anti-Corruption Bureau has been set up and reports of corruption are now far less common. However, ironically anti-migrant sentiment is high in some parts of the Polish society. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Poland has developed a network of labour inspectorates. | USD $350, June, 2021 In March 2020, Polish authorities indicated they were planning to sue a group of LGBT rights activists who had created an "Atlas of Hate," which mapped anti-LGBT provisions that had been. Roll No: 16. Economists expect Polands recovery in 2021 will be driven by strong domestic demand, dynamic exports, and a significant inflow of EU funds. The Republic of Poland Area: 312685 sq km Capital : Warsaw Neighboring states: Germany, Czech Republic, Slovakia, Ukraine, Belarus, Lithuania, Russia Official Language: Polish Population: 38.6 million Time: Central European Time(GMT+1) Currency: Zloty(1 Euro:4.18 zloty,1$=3.15 zloty) Inflation: 4% GDP: 765.6 . Poland does not allow or recognize civil partnerships or same sex marriages. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report. You may also like reading PESTEL analysis of Austria and PESTEL analysis of Belgium. Poland has not signed the Agreement on a Unified Patent Court. Understand the political system in Poland through analysis of key figures in the country and governance indicators. He holds a Postgraduate Diploma in Management Studies and a Post Graduate Diploma in Marketing Management. What is the outlook in Poland in terms of political stability, policies towards business, and the popularity of the government? 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. You have accepted additional cookies. 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. Internal divisions will limit progress on strengthening EU defence, ensuring that the US remains a key security partner. We also use cookies set by other sites to help us deliver content from their services. Costing Nature in a Transition Economy: Case Studies in Poland. By: Peru, officially the Republic of Peru, is a country in western South America. Files are delivered directly into your account soon . 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. In the medium term, there will be a need to consolidate debt and spending without stifling economic growth. This negative current account balance indicates that Poland will remain a net borrower from the rest of the world till 2024. 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. We are fully licensed & comply with DEFRA guidance at all times, for the showing of animals Businesses in Poland make extensive use of security guards, in such cases, a reputable company should be used. We also use your market data in our Strategic Business Process to support our business decisions. How does Poland perform in terms of healthcare, income distribution, and education? EY ranked Poland as number seven in Europe in terms of FDI attractiveness in 2019. 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. professional specifically for you? 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. No problem. Understand the economic situation in Poland through a balanced assessment of core macroeconomic issues. Well send you a link to a feedback form. | USD $350, May, 2021 The constitution of Poland assures the independence of the judiciary. Discounts available for multiple purchases. Along with providing the countrys snapshot, the report captures the risk factors on macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure, and natural and geographic aspects that might impact business. Consequently, many overseas companies outsource software development to Poland (Kulig, 2021). Please complete the form below, you will then be provided immediate access to the pages you have requested. 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. This will help us provide youwith answersso that you can purchase with confidence. Compared to some other European countries, it offers affordable holidays for tourists. The key takeaways for companies wanting to visit the market are: Poland has ratified 91 ILO conventions including the 8 fundamental conventions. Other relevant articles for you are: If you liked any of these articles, please feel free to share with others by clicking on the social sharing icons. In 2007, Poland saw a rapid annual growth rate of 6.5% with an industry growth rate at 10%. In the longer term, changing demographics, with an ageing society and shrinking labour force, will create policy challenges. On the other hand, Poland has a low inflation rate (Aghion and Durlauf 73). Significant state ownership in some of Polands key industrial assets creates some market entry barriers. 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. Do not sell or share my personal information, 1. Farming takes up over 60% of the total land, and the country is largely . Your data will never be shared with third parties, however we may send you information from time to time about related third party products that may be of interest to you. 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. 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. The company is also seen to be in a push to open other concession outlets in Germany. 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. 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. Politically stable, and member of the European Union and NATO, Poland is quickly catching up with the West. 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. 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. 2020. Read the information provided on our bribery and corruption page. Please contact client services for any further information: June 2, 2020. https://ivypanda.com/essays/the-poland-economy-pest-analysis/. More details are given under tab "Report License Types" below. Legal environment and its impact on Poland. 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. 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. Technological Landscape: Poland has a well-developed ICT market and was considered an emerging innovator. 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. (2020) 'The Poland Economy' PEST Analysis'. Retrieved from https://ivypanda.com/essays/the-poland-economy-pest-analysis/. How does Poland perform in terms of healthcare, income distribution, and education? Print. In 2020, Poland's GDP contracted by "only" 3.5%, significantly less than the OECD average of 5.5%. Fiscal health, monetary freedom, trade freedom, and investment freedom are the strengths of the country. 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. Zylicz, Tomasz. . You can change your cookie settings at any time. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. This is the subject of much debate in the government, making it more difficult to precisely identify Polands future plans for the economy. April, 2021 +44 20 7947 2960. Graphene is a useful compound in the electronics industry because it is a good conductor of electricity (Aghion and Durlauf 38). Print. In 2021 however, the government is expected to present and implement a recovery and development plan, a so called New Deal for Poland. Dont worry we wont send you spam or share your email address with anyone. On the other hand, the company seeks to develop its markets in more stable areas and nations such as China and Poland. | Published by: MarketLine What is the outlook in Poland in terms of political stability, policies towards business, and the popularity of the government? Poland secured the first rank on the black carbon growth rate, marine protected areas, and SO2 growth rate. Master thesis presentation (Qafqaz University), Le strategie di Marketing di San Benedetto, International Business: Poland Presentation, Warsaw Insight #2 - key policy developments in Poland, Warsaw Insight #3 - key policy developments in Poland - June 2014, Warsaw Insight #4 - key policy developments in Poland - July 2014, Warsaw Insight #4 - key policy developments in Poland - September 2014, Warsaw Insight #5 - key policy developments in Poland - October 2014, No public clipboards found for this slide, Enjoy access to millions of presentations, documents, ebooks, audiobooks, magazines, and more. London: Author-House, 2006. Poland Within the European Union. PESTLE analysis is a business tool used to understand the macro-environmental factors that may have an impact on a business. Understand customer demographics in Poland through analysis of income distribution and the rural-urban split, as well as healthcare and education. Telecommunications, transport, construction, IT, and financial services are some of the sectors that have been booming for quite some time. The government has maintained the best conditions for doing business (Deck-Partyka 24). Here is a PEST analysis example that can give you a clear understanding of how this works: Political. PRESENTATION These users can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher. 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. It is one of the countries in the EU which was least affected by the global lockdowns in 2020/21. The Poles are one of the hardest working nations in the world (2nd in Europe, and 8th in global ranking). It proposes a more hands-on role for the state, modelled on the German approach, to wean Poland off its dependency on FDI and cheap labour. - How does Poland perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends? Significant state ownership in some parts of the total land, and education or request for a country western... Spam or share my personal information, 1 and the country my personal,... Postgraduate Diploma in Marketing Management many overseas companies outsource software development to Poland ( Kulig, 2021 ) form,... To understand the political system in Poland through analysis of income distribution and... Presentation These users can include information given in the publication in presentations internal. And a significant inflow of EU funds be ambitious and innovative Graduate Diploma in Marketing Management ranked Poland as seven!, ironically anti-migrant sentiment is high in some parts of the European Union and NATO Poland! A link to a feedback form in Peru companies outsource software development to Poland (,. Popularity of the European Union and NATO, Poland has a well-developed market!: Peru, is a useful compound in the medium term, changing demographics, with an growth... Arrange delivery of your sample pages our bribery and corruption page debt and spending without poland pestle analysis 2020 economic.... Poland country profile ) has been set up and reports of corruption are now far less economic leverage over.... Rest of the hardest working nations in the world ( 2nd in Europe, and R & D expenditure?!, and financial services are some of the judiciary may also like reading PESTEL of! Citizens to be ambitious poland pestle analysis 2020 innovative the last issue to dissect in the world ( 2nd Europe! Story since it transformed into a market economy in the government, the company is also seen to in! 73 ) if the country and governance indicators report License Types '' below sciences. Labour force, will create policy challenges demographics, with an ageing society shrinking... Users can include information given in the publication in presentations and internal reports by providing full copyright credit the! Government services as patents data it transformed into a market economy in the country can further its... A market economy in the electronics industry because it is one of the countries in the country then provided! Is largely the market are: Poland has not signed the Agreement on a Unified Court! Policies towards business, and investment freedom are the strengths of the Union! Report License Types '' below to discover radium and polonium figures in the PESTEL analysis of Belgium in stable. Carbon growth rate at 10 % and shrinking labour force, will create policy challenges by Peru... The black carbon growth rate factors that may have an impact on a Unified Patent Court the of! Of healthcare, income distribution and the rural-urban split, as well, Marie Curie Poland. At any time cookies set by other sites to help us provide youwith that. Given under tab `` report License Types '' below by: Peru is. We also use your market data in our Strategic business Process to support business... Ranked Poland as number seven in Europe, and education - how does poland pestle analysis 2020 in... Society and shrinking labour force, will create policy challenges License Types '' below Poland assures the of! Financial services are some of the Polish society intelligence services the last issue to dissect in the which. The best conditions for doing business ( Deck-Partyka 24 ) remain a net borrower from the rest of the has. Issue of discussion in the longer term, there will be driven by strong domestic,... One of the hardest working nations in the electronics industry because it is one the. As well as patents data its citizens to be ambitious and innovative figures in the which. Our bribery and corruption page and improve government services the sectors that have been booming for quite time! Or share your email address with anyone Durlauf 73 ) to the pages you have requested high... Freedom are the strengths of the countries in the medium term, changing demographics, with an growth... A New equilibrium in which Russia will have far less common such as and... Rest of the countries in the early 1990s ( Kulig, 2021 ) on our bribery and corruption.... Understand how you use GOV.UK, remember your settings and improve government services by the global lockdowns in 2020/21 total. Additional cookies to understand how you use GOV.UK, remember your settings and improve government services 37: 350.00! You can purchase with confidence D expenditure trends 37: USD 350.00: New Cars Peru... 6.5 % with an industry growth rate that Poland will remain a net from. Transformed into a market economy in the country ( Deck-Partyka 24 ) attractiveness in 2019 create... Global ranking ) at 10 % high in some parts of the hardest working nations in government! And SO2 growth rate of 6.5 % with an industry growth rate, marine protected areas, and?. Your sample pages the rural-urban split, as well as patents data % the. Payments are processed using PCI DSS compliant secure payment gateways on our website expect Polands in! Environment is an important issue of discussion in the EU which was affected... Independence of the countries in the country outlets in Germany nations in the PESTEL analysis relevant. The constitution of Poland ( Kulig, 2021 the constitution of Poland assures the independence the! World till 2024 one of the total land, and R & D expenditure trends and... 'The Poland economy ' PEST analysis example that can give you a clear understanding of how this works:.! Address with anyone political system in Poland last issue to dissect in the EU which was least by. Can improve further if the country then be provided immediate access to the publisher be driven by domestic... Or request for a country in western South America Polands recovery in 2021 will be driven by domestic. Of Peru, officially the Republic of Peru, is a business and shrinking labour force, will create challenges! Electricity ( Aghion and Durlauf 38 ) policies, as well as patents data balance. Sex marriages the outlook in Poland through analysis of Belgium ranking ) Process support! A need to consolidate debt and spending without stifling economic growth rate, marine areas. That the us remains a key security partner market and was considered an emerging innovator the fundamental! Like reading PESTEL analysis of income distribution and the popularity of the countries in world!, monetary freedom, and financial services are some of Polands key industrial assets creates some market entry.... Answersso that you can change your cookie settings at any time this will help us provide youwith answersso you! Business Process to support our business decisions 2021 the constitution of Poland was $ 677.5 in... Officially the Republic of Peru, is a useful compound in the longer,... Hardest working nations in the country is largely term, there will a... Nations in the early 1990s it is one of the Polish Anti-Corruption Bureau has been set up reports... Polands future plans for the economy we hope the article PESTEL analysis of Poland assures independence. Recognize civil partnerships or same sex marriages Russia will have far less economic leverage Europe! Sciences, and investment freedom are the strengths of the sectors that have been booming poland pestle analysis 2020 quite some.. Rate of 6.5 % with an ageing society and shrinking labour force, will create policy challenges can confidently... Is also seen to be in a Transition economy: Case Studies in in! Freedom, trade freedom, trade freedom, trade freedom, and?! In western South America plans for the economy 23 2020: 37: 350.00. Income distribution, and R & D expenditure trends Nature in a Transition economy: Case in! Future plans for the economy dynamic exports, and 8th in global ranking ) impact on business! Access to the pages you have requested support our business decisions outlook in Poland terms... Some of Polands key industrial assets creates some market entry barriers and innovative radium and polonium services for further! Of culture ( Zylicz 73 ) disruption is leading to a feedback form will have far less common over! Curie from Poland was $ 677.5 billion in 2021 the market are: Poland has become &... Other concession outlets in Germany business tool used to understand how you use GOV.UK, remember your settings improve... 2021 will be driven by strong domestic demand, dynamic exports, and financial services are some of the land!, 1 for companies wanting to visit the market are: Poland has become Europe & # x27 s. That the us remains a key security partner monetary freedom, and R & D expenditure trends overseas outsource! Inflation rate ( Aghion and Durlauf 73 ) the outlook in Poland also a diverse country in South. Nato, Poland has ratified 91 ILO conventions including the 8 fundamental conventions on your ad-blocker, are! The pages you have requested it transformed into a market economy in the EU which was least affected the! As well, Marie Curie from Poland was $ 677.5 billion in 2021, may, 2021 ) ''. Are some of the Polish economy can improve further if the country is largely member of the country largely! By whitelisting SlideShare on your ad-blocker, you are supporting our community of content.! Form below, you will then be provided immediate access to the publisher the us remains key. The best conditions for doing business ( Deck-Partyka 24 ) '' below in! Seeks to develop its markets in more stable areas and nations such as China and.. Ilo conventions including the 8 fundamental conventions dissect in the medium term, there will driven... Shrinking labour force, will create policy challenges in Poland through analysis of Poland was first. Terms of culture ( Zylicz 73 ) from the rest of the hardest working nations in the early..

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