Free access to premium services like Tuneln, Mubi and more. a regional office. PESTLE analysis. Read More. Poland is also a leading exporter of processed products, machinery, cars, non-precious metals, furniture, and metal products (Biskupski 49). According to National Bank of Poland data, in cumulative terms at the end of 2019, the UK was 5th largest investor in Poland (PLN48.1bn). Understand the economic situation in Poland through a balanced assessment of core macroeconomic issues. Poland became a democratic country in 1989. Technological environment is an important issue of discussion in the PESTEL analysis of Poland. Poland's tourism industry generated a revenue of PLN 124.6 billion in 2018 which is a marked 6.8 percent increase compared to the previous year. 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. These users may print out a single copy of the publication. People of Poland have pioneered different scientific inventions and technological ideas. Customers who infringe these license terms are liable for a Global license fee. 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. For that purpose the PESTLE analysis was applied. Understand the legal landscape in Poland through analysis of the judicial system as well as performance of the legal indicators, Understand the environmental landscape in Poland through analysis of the environmental regulations and the performance of the environmental indicators. 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. I can advise you this service - www.HelpWriting.net Bought essay here. Please complete the form below, you will then be provided immediate access to the pages you have requested. SWOT Analysis of Kelloggs (Kellogg Company), PESTEL analysis of the hospitality industry, https://taxsummaries.pwc.com/poland/corporate/taxes-on-corporate-income, https://santandertrade.com/en/portal/analyse-markets/poland/economic-political-outline, https://www.nytimes.com/2019/03/26/world/europe/immigration-poland-ukraine-christian.html, https://www.statista.com/statistics/1135294/poland-s-contributions-to-and-receipts-from-the-eu-budget/. We explore growing consensus around stronger border controls and renewed momentum for the EU-Mercosur free trade deal. Learn how to effectively navigate the market research process to help guide your organization on the journey to success. We also use your market data in our Strategic Business Process to support our business decisions. The Polish Zloty has continued to strengthen against the Sterling Pound and the US Dollar. Learn how to effectively navigate the market research process to help guide your organization on the journey to success. This person may print out a single copy of the publication. In the 2019 parliamentary elections, PiS once again won an outright majority in the Lower House but narrowly lost control of the Upper House to the opposition. According to data published by Ipsos, 46 percent of respondents in Poland thought that air pollution was one of the top three environmental issues facing their country, the most of any category.. Keep valuables and cash out of sight, especially in crowded areas and tourist spots where pickpockets and bag snatchers operate. China's call for a ceasefire will notand is not intended tomeaningfully increase the chance of one. support@eddusaver.com phnne number +1 . No problem. Print. Please contact client services for any further information: Your sample pages are downloading now. The SlideShare family just got bigger. Please use the form given below to let us know your questions related to this report. On social issues PiS is conservative, but on economic policy the party has positioned itself to the left. An slimmed alternative to PESTLE is the PEST Analysis. How does Poland perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends. Likewise, housing crisis, economic inequality, and youth unemployment rate are some other social challenges for the country. How does Poland perform in terms of healthcare, income distribution, and education? 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. 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. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. Handbook of Economic Growth. Its dynamic economy is expected to rebound well from the Coronavirus (COVID-19) pandemic, with a weaker currency supporting . Here is a PEST analysis example that can give you a clear understanding of how this works: Political. Visit the Business Anti-Corruption portal providing advice and guidance about corruption in Poland and some basic effective procedures you can establish to protect your company from them. The economic landscape section outlines the evolution of Poland 's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment. We've updated our privacy policy. PESTEL analysis of Poland (Poland country profile). In the medium term, there will be a need to consolidate debt and spending without stifling economic growth. +44 20 7947 2960. 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. In spite of raising ecological awareness among Polish society, and the continuous promotion of sustainable development, . Understand the legal landscape in Poland through analysis of the judicial system as well as performance of the legal indicators, Understand the environmental landscape in Poland through analysis of the environmental regulations and the performance of the environmental indicators. Poland pestl analysis 1. It is also a member of NATO, the UN, OECD, European Economic Area, International Energy Agency, Schengen Agreement, and some other prestigious organisations and agreements. . The company is also seen to be in a push to open other concession outlets in Germany. 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. This person cannot share the publication (or any information contained therein) with any other person or persons. Currently, Poland is doing business with different countries, thus making it an economic powerhouse in the region. | USD $350, June, 2021 The section also discusses the country's performance according to World Bank Governance Indicators. The next issue in the PESTEL analysis of Poland is the economic environment. Public willingness to confront the problem has also led to a reduction in opportunities for corruption. In 2021 however, the government is expected to present and implement a recovery and development plan, a so called New Deal for Poland. The plan will incorporate reforms and public investments in the areas including public finances, healthcare reform, labor market, innovations, qualifications, and development of renewable energy sources. According to UNCTADs 2020 World Investment Report, FDI inflows to Poland remained stable in 2019, reaching USD 13.2 billion, in line with the USD 13.9 billion recorded one year earlier. President Duda was first elected in May 2015 and re-elected in early July 2020 with 51% of the vote, beating the opposition candidate, the Mayor of Warsaw Rafal Trzaskowski. Collecting information is a key part of the problem solving process. There is a low threat from terrorism in Poland. 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). London: Edward Elgar Pub, 2000. Download our eBook: How to Succeed Using Market Research, Phone: 800.298.5699 (US) or +1.240.747.3093 (Int'l), Hours M-Th 3:00am - 6:30pm EST; F 3:00am - 5:30pm EST, Copyright 1999-2023, All Rights Reserved, MarketResearch.com, Impact of COVID-19 on Hand Sanitizer Market. Poland is a developed country. We offer syndicated research reports (like country analysis, SWOT analysis, competitive intelligence, industry reports, company reports and market analysis & trends reports) and custom market research from our website MarketResearchReports.com only. In 2020, Poland's GDP contracted by "only" 3.5%, significantly less than the OECD average of 5.5%. Domestic labour law is compliant with the EU regulations, including those on anti-discrimination. They also borrow ideas and skills from new visitors and investors. 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. Herbener, Sabine. Polands strong democratic framework and its stable macroeconomic condition have made it a favorable destination for investors. Political Landscape: Poland has evolved into a stable democracy since the fall of communism in the country and has made significant progress in terms of safeguarding human rights. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. June 2, 2020. https://ivypanda.com/essays/the-poland-economy-pest-analysis/. Sas (2021) reports that around 87% of Polish households have access to the Internet, and the number of mobile phone users will go over 27 million by 2025. 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. Since 1990, the country's economy has been growing "exponentially." Wed like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. The GlobalData platform is our go-to tool for intelligence services. Polish is the major language in the country while Christianity is the major religion. student. There are many techniques that can be used to help identify what information to collect. Please check our Privacy Policy to see how we protect and manage your submitted data. Social. Poland is also a diverse country in terms of culture (Zylicz 73). 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. Having used several other market research companies, I find that GlobalData manages to provide that difficult-to-get market data that others cant, as well as very diverse and complete consumer surveys. In July 2022, the European Bank for Reconstruction and Development announced to invest in green bonds, to support the roll-out of solar PV projects to accelerate the development of renewable energy in Poland. Internal divisions will limit progress on strengthening EU defence, ensuring that the US remains a key security partner. Poland is a major economic power in Europe. Fiscal health, monetary freedom, trade freedom, and investment freedom are the strengths of the country. Environmental Landscape: The countrys performance was robust by securing the highest rank on many indicators, which include the first rank on black carbon growth rate, marine protected areas, and SO2 growth rate. Public SectorGovernmentGeneral Government, Poland In-depth PESTLE InsightsSummaryThis 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.Synopsis. Do not sell or share my personal information, 1. professional specifically for you? . All orders are processed in US Dollars only. 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 . Poland's strong democratic framework and its stable macroeconomic condition have made it a favorable destination for investors. The goal of this article is to identify the existing economic situation in the four main Southern European countries: Greece, Italy, Portugal, and Spain (GIPS), and in Poland, conduct a. Compared to some other European countries, it offers affordable holidays for tourists. For more insights on this report, download a free report sample, Exhibit 1: Polands performance in terms of its country risk analysis in comparison to East Europe and the World average, Exhibit 2: Performance overview (Score: 1-100), Exhibit 3: Broad categories and weights behind the index, Exhibit 4: Poland stock exchange index WIG index (October 2021 October 2022), Exhibit 5: Key sectors contribution to the economy (2017-24f), Exhibit 6: FDI inflows and outflows (2017-21) and inward FDI stocks by industry (2017-21), Exhibit 7: Cross-border merger and acquisition (M&A) and greenfield investment (2017-21), Exhibit 9: Real GDP and household consumption growth rate (2017-24f), Exhibit 10: Real GDP growth rate comparison (2021), Exhibit 11: Exports, imports and trade balance (2017-2024f), Exhibit 12: Current account balance (2017-24f), Exhibit 13: Top three commodity exports, % of total exports (2018-21), Exhibit 14: Machinery, mechanical appliances, nuclear reactors, boilers, % of worlds total (2021), Exhibit 15: Interest rates (September 2017 September 2022), Exhibit 16: Exchange rate and inflation (2017-24f), Exhibit 18: General government debt (2017-24f), Exhibit 20: Average annual wages (2017-24f), Exhibit 22: Rural/urban share of total population (1995, 2005, 2015, 2025), Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025), Exhibit 24: Gender split (1995, 2005, 2015, 2025), Exhibit 25: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2021), Exhibit 26: Number of patents granted per million people (2021), Exhibit 27: High-technology exports, % of manufactured exports (2020), Exhibit 28: Doing business in Poland 2020, Exhibit 29: Corruption perception index (rankings) (2021), Exhibit 30: Renewable energy, installed capacity (2016-20). He has a keen interest in business, hospitality, and tourism management. According to Prasad and Keane (58), this is attributable to the countrys economic growth and political climate. a regional office, Can be shared globally by unlimited users within the purchasing corporation e.g. Cases of abuse of authority are also common in the country (Ryan 274). Request a Free Sample. In August 2022, the European Commission approved the National Strategic Plan prepared by Poland for the 202327 EU Common Agricultural Policy (CAP) that will support the sustainable development of Polish farms, the processing sector, and the improvement of living and working conditions in rural areas. Likewise, its political stance against migrants from other countries is also a barrier to resolving the problems of labour shortage (Santora, 2019). We are here to help. Poland is the 23rd largest economy in the world. Poland currently holds 40th place globally in World Banks ease of doing business ranking compared to 33rd in 2018. For very many years, Poland failed to provide the best infrastructure for business ethics due to communism. Corruption, poverty, lack of proper legal infrastructure, and the financial crisis continued to affect the country (Szczerbiak 19). Caution should also be taken in securing premises where goods of value are stored. After the fall of communism, the government established new legal and ethical practices in order to promote business prosperity. The Poles are one of the hardest working nations in the world (2nd in Europe, and 8th in global ranking). GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers., COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. Need a custom Essay sample written from scratch by This will help us provide youwith answersso that you can purchase with confidence. Retrieved from https://ivypanda.com/essays/the-poland-economy-pest-analysis/. "The Poland Economy' PEST Analysis." New York: Routledge, 2003. Manufacturing had a share of 40.2% while services industry had a share of 57.4% of GDP in 2017. Economic environment and its impact on Poland. 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. Poland has developed a network of labour inspectorates. - New employment laws for employee handbook maintenance. How does Poland perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends. This report provides PESTLE (political, economic, social, technological, legal and environmental) analysis for Poland. Economists believe that Poland is one of the major economic powerhouses in the world. The support offered during the pandemic has been sizeable. IvyPanda. (Zdeb et al., 2020). Social Landscape: The Polish government assigned a budget to support the accessibility and effectiveness of the Polish healthcare system. For example, the first oil lamp was invented in the country (Zylicz 78). A PESTLE PRESENTATION By: Santoshkumar Nair Roll No: 16 2. Published: October 20, 2022 Farming takes up over 60% of the total land, and the country is largely self-sufficient in the matter of its food supply (Santander, 2020). Request sent: your sample pages will be with you shortly. Looks like youve clipped this slide to already. "The Poland Economy' PEST Analysis." Every customers requirement is unique. (2020, June 2). Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. 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. 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. Its current population is around 38 million (Worldometer, 2021). Poland has a massive broadcasting market. Over the longer term, Polands economic performance could improve if the country addresses some of the remaining deficiencies in its road and rail infrastructure, business environment, rigid labour code, commercial court system, government regulation, and burdensome tax system. Understand the economic situation in Poland through a balanced assessment of core macroeconomic issues. The Polish economy can improve further if the country can further develop its infrastructure. The PESTEL framework may be used as a tool for specific applications such as a risk assessment to evaluate strategic decisions within an organisation (Akman, 2020; Green, 2018). To be applicable for this license type please use your, In case you are not able to use your college/institute/university official email ID during checkout then please email us a. The country also enjoys the best cuisines, traditional practices, and religious beliefs. The Poland Economy' PEST Analysis. However, after several successive years in which Polands score and ranking improved in the [Transparency Internationals Corruption Perception Index (CPI)](http://www.transparency.org/reserach/cpi/overview, the countrys score decreased to 56 Points in 2020 from 58 Points in 2019. This makes the country one of the best places to invest (Czerny 37). The Polish economy benefits very well from the EU subsidies, remittances from the expatriates working in the EU, and a strong economic environment. This essay on The Poland Economy PEST Analysis was written and submitted by your fellow IvyPanda, 2 June 2020, ivypanda.com/essays/the-poland-economy-pest-analysis/. all employees of a single company, reportstore@globaldata.comTel +44 (0) 20 7947 2960. The country has a population of 38.5 million people. These figures demonstrate how promising the e-commerce industry is in Poland. Report Code: GDER0026. 2 June. 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