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General data Poland

Official name: Poland (Rzeczpospolita Polska)
Area: 312 679 km2
Capital (and largest city): Warsaw
Population: 38,2 Mio.
Urbanization: 61%
Literacy rate, adult total: 99,8% (% of people ages 15 and above)
Currency: Zloty - 1 EUR = 4.34125 PLN (as of September, 2011)
Boundaries: Germany, Czech Republic, Slovakia, Ukraine, Belarus, Russia, Lithuania
Main towns:
(inhabitants)
Membership: European Union, NATO, UN, WTO, the OECD, EEA, International Energy Agency, Council of Europe, Organization for Security and Co-operation in Europe, International Atomic Energy Agency, G6 and Visegrád Group
Natural resources: coal, sulfur, copper, natural gas, silver, lead, salt, amber, arable land


Economic Profile Poland

GDP: 522, 274 billion EUR (2010)
Average salary: 870 EUR per month (2010)
Taxes: corporate tax 19%
GDP composition:
Top export products:
Top export partners:
Doing Business 2011: Rank: 70, Change in Rank: +3


Poland’s macroeconomic development

Find out more information about Poland’s macroeconomic development. Please download the PDF file Poland’s macroeconomic development (PDF document 0.29 MB) and find more reasons why to invest in Poland.

Why to invest in Poland

Poland


Rzeczpospolita Polska



Did you know… ?


… Poland has one of the highest numbers of lakes in the world. In Europe, only Finland has a greater density of lakes.

4 good reasons to

invest in Poland

Strong economic development: With 38 million consumers Poland prides itself the most important market of all new EU member countries. The country is the only member of the European Union who avoided a decline in GDP during the late 2000s recession now is ranked 20-th worldwide in terms of the GDP. According to a Credit Suisse report, Poles are the second wealthiest nation of the Central Europe, after Czechs.

Being central: Poland’s ideal location, in the very centre of Europe, makes the country a perfect investment destination for enterprises targeting both Western and Eastern markets. The international routes crossing Poland have been constantly developed and modernized thanks to a substantial help by funds and subsidies from the EU.

A big piece of the cake: Out of the overall 307.6 billion EUR allocated by the EU to pursue the goals indicated in the European cohesion policy, Poland is bound to receive 80 billion EUR. The funds help to develop the economy in two ways. On the one hand, the subsidies are used to improve the existing business environment. On the other hand the funds are directed to small and medium-sized enterprises in order to boost both development and practical implementation of innovation and modern technologies.

Tourism: Poland is ranked 7th in Europe in terms of numbers of health spas. It also has the second largest number of lakes in Europe, after Finland. The country’s tourism sector was funded with nearly 231 mln euro from the European subsidies. In the period 2007-2015 foreign entrepreneurs are able to benefit from the EU funds for their tourism investment projects. There are presently 2,8 thousand tourism related investment projects being carried out in Poland. Another positive factor for the development of Polish tourism is the fact that Poland will be the host of 2012 European Football Championships along with Ukraine.