| GEOGRAPHIC NAMES | GEOLOGY | USA STATS | CHINA STATS | COUNTRY CODES | AIRPORTS | RELIGION | JOBS |

Poland Economy 2013

SOURCE: 2013 CIA WORLD FACTBOOK AND OTHER SOURCES











Poland Economy 2013
SOURCE: 2013 CIA WORLD FACTBOOK AND OTHER SOURCES


Page last updated on February 12, 2013

Economy - overview:
Poland has pursued a policy of economic liberalization since 1990 and Poland's economy was the only country in the European Union to avoid a recession through the 2008-09 economic downturn. Although EU membership and access to EU structural funds have provided a major boost to the economy since 2004, GDP per capita remains significantly below the EU everage while unemployment continues to exceed the EU average. The government of Prime Minister Donald TUSK steered the Polish economy through the economic downturn by skillfully managing public finances without stifling economic growth and adopted controversial pension and tax reforms to further shore up public finances. Poland's economic performance could improve over the longer term if the country addresses some of the remaining deficiencies in its road and rail infrastructure and its business environment. An inefficient commercial court system, a rigid labor code, bureaucratic red tape, burdensome tax system, and persistent low-level corruption keep the private sector from performing up to its full potential.

GDP (purchasing power parity):
$802 billion (2012 est.)
country comparison to the world: 21

$783.6 billion (2011 est.)
$751.1 billion (2010 est.)
note: data are in 2012 US dollars
[see also: GDP country ranks ]

GDP (official exchange rate):
$470.4 billion (2012 est.)
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
2.4% (2012 est.)
country comparison to the world: 133

4.3% (2011 est.)
3.9% (2010 est.)
[see also: GDP - real growth rate country ranks ]

GDP - per capita (PPP):
$21,000 (2012 est.)
country comparison to the world: 61

$20,500 (2011 est.)
$19,700 (2010 est.)
note: data are in 2012 US dollars
[see also: GDP - per capita country ranks ]

GDP - composition by sector:
agriculture: 3.5%
[see also: GDP - composition by sector - agriculture country ranks ]
industry: 34.2%
services: 62.3% (2012 est.)

Labor force:
17.92 million (2012 est.)
country comparison to the world: 34
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 17.4%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 29.2%
services: 53.4% (2005)

Unemployment rate:
12.6% (2012 est.)
country comparison to the world: 131

12.4% (2011 est.)
[see also: Unemployment rate country ranks ]

Population below poverty line:
17% (2003 est.)
[see also: Population below poverty line country ranks ]

Household income or consumption by percentage share:
lowest 10%: 3.3%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: 27.1% (2009 est.)

Distribution of family income - Gini index:
34.2 (2008)
country comparison to the world: 89

31.6 (1998)
[see also: Distribution of family income - Gini index country ranks ]

Investment (gross fixed):
20.3% of GDP (2012 est.)
country comparison to the world: 93
[see also: Investment (gross fixed) country ranks ]

Budget:
revenues: $89.47 billion
[see also: Budget revenues country ranks ]
expenditures: $99.54 billion (2012 est.)

Taxes and other revenues:
19% of GDP (2012 est.)
country comparison to the world: 167
[see also: Taxes and other revenues country ranks ]

Budget surplus (+) or deficit (-):
-2.1% of GDP (2012 est.)
country comparison to the world: 75
[see also: Budget surplus (+) or deficit (-) country ranks ]

Public debt:
53.8% of GDP (2012 est.)
country comparison to the world: 55

53.4% of GDP (2011 est.)
note: data cover general government debt, and includes debt instruments issued (or owned) by government entities other than the treasury; the data include treasury debt held by foreign entities, the data include subnational entities, as well as intra-governmental debt; intra-governmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment; debt instruments for the social funds are not sold at public auctions
[see also: Public debt country ranks ]

Inflation rate (consumer prices):
3.6% (2012 est.)
country comparison to the world: 105

4.2% (2011 est.)
[see also: Inflation rate (consumer prices) country ranks ]

Central bank discount rate:
4% (31 December 2010 est.)
country comparison to the world: 97

3.5% (31 December 2009 est.)
[see also: Central bank discount rate country ranks ]

Commercial bank prime lending rate:
8.6% (31 December 2012 est.)
country comparison to the world: 112

8.47% (31 December 2011 est.)
[see also: Commercial bank prime lending rate country ranks ]

Stock of narrow money:
$152.8 billion (31 December 2012 est.)
country comparison to the world: 24

$137 billion (31 December 2011 est.)
[see also: Stock of narrow money country ranks ]

Stock of broad money:
$293.4 billion (31 December 2012 est.)
country comparison to the world: 33

$252.8 billion (31 December 2011 est.)
[see also: Stock of broad money country ranks ]

Stock of domestic credit:
$335.4 billion (31 December 2012 est.)
country comparison to the world: 33

$295.4 billion (31 December 2011 est.)
[see also: Stock of domestic credit country ranks ]

Market value of publicly traded shares:
$138.2 billion (31 December 2011)
country comparison to the world: 35

$190.2 billion (31 December 2010)
$135.3 billion (31 December 2009)
[see also: Market value of publicly traded shares country ranks ]

Agriculture - products:
potatoes, fruits, vegetables, wheat; poultry, eggs, pork, dairy

Industries:
machine building, iron and steel, coal mining, chemicals, shipbuilding, food processing, glass, beverages, textiles

Industrial production growth rate:
6.9% (2011 est.)
country comparison to the world: 44
[see also: Industrial production growth rate country ranks ]

Current account balance:
-$18.29 billion (2012 est.)
country comparison to the world: 180

-$22.25 billion (2011 est.)
[see also: Current account balance country ranks ]

Exports:
$192.3 billion (2012 est.)
country comparison to the world: 28

$193.9 billion (2011 est.)
[see also: Exports country ranks ]

Exports - commodities:
machinery and transport equipment 37.8%, intermediate manufactured goods 23.7%, miscellaneous manufactured goods 17.1%, food and live animals 7.6%

Exports - partners:
Germany 26.8%, UK 6.6%, Czech Republic 6.4%, France 6.3%, Italy 5.5%, Netherlands 4.5%, Russia 4.2% (2011)

Imports:
$206.5 billion (2012 est.)
country comparison to the world: 26

$208.1 billion (2011 est.)
[see also: Imports country ranks ]

Imports - commodities:
machinery and transport equipment 38%, intermediate manufactured goods 21%, chemicals 15%, minerals, fuels, lubricants, and related materials 9%

Imports - partners:
Germany 28.7%, Russia 10.3%, Netherlands 5.9%, Italy 5.3%, China 5.3%, France 4.4%, Czech Republic 4.3% (2011)

Reserves of foreign exchange and gold:
$99.93 billion (31 December 2012 est.)
country comparison to the world: 22

$97.86 billion (31 December 2011 est.)
[see also: Reserves of foreign exchange and gold country ranks ]

Debt - external:
$310.2 billion (31 December 2012 est.)
country comparison to the world: 29

$318.3 billion (31 December 2011 est.)
[see also: Debt - external country ranks ]

Stock of direct foreign investment - at home:
$194.9 billion (31 December 2012 est.)
country comparison to the world: 23

$190.9 billion (31 December 2011 est.)
[see also: Stock of direct foreign investment - at home country ranks ]

Stock of direct foreign investment - abroad:
$44.89 billion (31 December 2012 est.)
country comparison to the world: 37

$44.39 billion (31 December 2011 est.)
[see also: Stock of direct foreign investment - abroad country ranks ]

Exchange rates:
zlotych (PLN) per US dollar -

3.267 (2012 est.)
2.9639 (2011 est.)
3.0153 (2010 est.)
3.1214 (2009)
2.3 (2008)

Fiscal year:
calendar year


NOTE: 1) The information regarding Poland on this page is re-published from the 2013 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Poland Economy 2013 information contained here. All suggestions for corrections of any errors about Poland Economy 2013 should be addressed to the CIA.
2) The rank that you see is the CIA reported rank, which may habe the following issues:
  a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
  b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order






This page was last modified 11-Mar-13
Copyright © 1995-2024 , ITA (all rights reserved).

->