Poland PESTLE Insights – A Macroeconomic Outlook Report
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Poland PESTLE Insights Report Overview
The GDP of Poland was $690.6 billion in 2022 and was ranked 37th of 153 nations in the GCRI Q3 2023. According to the Central Statistical Office of Poland (GUS), in Q3 2023, the country grew at a decent rate which signifies a recovery from the contraction in Q2.
Poland Macroeconomic Key Sector’s Contribution to the Economy
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The Poland PESTLE insights report consists of the country’s snapshot, risk factors about the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure, and natural and geographic aspects that might impact business.
GDP 2022 | $690.6 Billion |
Key Landscape | · Political Landscape
· Economic Landscape · Social Landscape · Technological Landscape · Environmental Landscape |
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PESTLE Insights of the Poland Macroeconomic Outlook Report
Political Landscape: Poland has evolved into a stable democracy since the fall of communism and has made significant progress in safeguarding human rights. According to the World Bank, Worldwide Governance Indicators (2023), the voice and accountability parameter gives insights into the ability of a country’s citizens to participate in the selection of their government, as well as metrics related to freedom of expression, freedom of association, and free media. Poland was ranked in the 65.2 percentile on the voice and accountability parameter in 2022.
Economic Landscape: Poland is a middle-income country with a diversified economy that has seen strong economic growth over the past few decades. In recent years, Poland has been one of the fastest-growing economies in the European Union, with a decent AAGR over the past decade. According to GlobalData, the country was the largest economy in 2023 among the countries commonly referred to as the “Visegrad Group,” which includes Poland, Hungary, the Czech Republic, and Slovakia. Moreover, the country has a large population of over 38.2 million in 2023, which helps propel domestic demand for goods and services. Overall, Poland’s economy is an important contributor to the economic strength of Central Europe, as it is one of the largest economies in the region.
Poland PESTLE Landscapes
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Key Highlights
- The National Railway Programme for the years 2023 to 2030 was approved during a meeting of the Council of Ministers on August 16, 2023.
- The WIG 25 Index exhibited an upward trend over the past year. As of December 12, 2023, the index stood at more than 77,310.
Reasons to Buy
- Macroeconomic Outlook Report identifies the potential of the country as an investment destination by analyzing the political, economic, social, technological, legal, and environmental (PESTLE) structure.
- PESTLE Insights provides a 360-degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials, and the direction of operations.
- Along with providing the country’s snapshot, the report captures the risk factors about the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure, and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country’s GDP and population along with major companies’ presence in these areas.
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Frequently asked questions
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What was Poland's GDP in 2023?
Poland’s GDP was $690.6 billion in 2022.
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What was Poland’s rank in the GCRI Q3 2023?
Poland was ranked 37th of 153 nations in the GCRI Q3 2023.
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Which are the key landscapes in the Poland PESTLE Insights report?
A few of the key landscapes in Poland’s PESTLE insights report are the political landscape, economic landscape, social landscape, technological landscape, and environmental landscape among others.
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