Polish investment attractiveness derives from a number of factors:

  • Ambitious and hard-working people. The main advantage of Poland are the inhabitants. Especially their ambition, motivation and professional ethics as well as unique initiative. Poland is the biggest country in Central-Eastern Europe 6th biggest in the EU.

  • Diversified economy. A wide range of manufacturing, service and agricultural companies. It is not a problem to find partners in sectors like automotive, aviation, food processing electronics and finance.

  • Macroeconomic stability. Healthy public finances and long-term predictability. Poland as the only country in the EU avoided recession and public finances are in much better condition than the EU average.

  • Quality. Services and products offered are characterized as highly competitive and meet the highest quality standards.

  • Transformation. New business opportunities derive from unique in European terms infrastructural modernisation - of the road and rail transportation, as well as the energy infrastructure.

  • Vast internal market and free access to the European market. Over 38 million of consumers in Poland and free access to the EU market which covers 500 million consumers as well as easy access to Eastern European countries.

  • Price competitiveness. Our advantage is high quality at competitive price.

  • In January-December 2019 (yoy):

    • A growth in sold industrial production amounted to 4.0 %. In the manufacturing section, production grew by 4.2%.
    • Construction and assembly production grew by 2.6%.
    • Consumer Price Index was higher by 2.3%.
    • The number of registered unemployed amounted to 866.4 thousand (down by 10.6%).
    • Registered unemployment rate amounted to 5.2%.
    • Average monthly wages and salaries in enterprises sector amounted to PLN 5,169 and was higher by 6.5% (in nominal terms).
    • At the end of November 2019 the execution of revenues accounted for 94.7% and expenditures 88.6% of the amount planned in the Budgetary Law, deficit amounted to PLN 1.9bn.
    • The Monetary Policy Council did not change the interest rates.
    • At the end of November 2019 the surplus on the current account balance amounted to EUR 4,805mn comparing to the deficit of EUR 3,508mn at the end of November 2018.

Polish investment attractiveness is confirmed by the following facts (source www.gov.pl):

  • EUR 199,8 billion of FDI stock at the end of 2019,
  • Main foreign investors in Poland: the Netherlands, Germany, Luxemburg, France and Spain.

Investment opportunities in Poland: automotive, aerospace, electronics, business cervice centres, R&D, IT, domestic appliance market, renewable energy, biotechnology, food sector, yachting sector.

 

Economic data (www.nbp.gov.pl, www.gov.pl, https://data.oecd.org/poland.htm):

      • GDP per capita: USD 33.254 (2019)
      • GDP value: USD 1.276.614 mln (current prices),
      • Economic growth: 3,2% GDP growth forecast in 2020
      • Inflation forecast at the end of 2020: 3,7%  
      • Exports: EUR 237 bn in 2019 (main export partners: Germany 28,2%, Czech Rep. 6,4%, UK 6,2%, France 5,6%, Italy 4,6%)
      • Unemployment rate 5,1% (IX, 2019).


Other important information:

Area

312,679 km2

Population

in thous. 38 386 (June 2019)

Capital

Warsaw, population: 1.754 mn

Administrative division

16 Voivodships, 380 Poviats, 2478 Municipalities

Legislative Branch

Parliament: Sejm (460 representatives), Senat (100 representatives)

Executive Branch

President (5 years term), Council of Ministers (4 years term)

Judicial Branch

Supreme Court, common courts, administrative courts, military courts

Time zone

GMT +1

Currency

Złoty (PLN) = 100 groszy (gr.)

Life expectancy

females 81.9, males 73.9


Actual reports on the macroeconomic situation of Poland: