April, 2012 Strategy and Analyses Department Poland’s economy Poland’s economy & CEE region countries
22 Area: 323 thousand km 2 - 9th in Europe, 69th in the world Population: 38.5 million - 8th in Europe, 34th in the world Currency: Polish Zloty (EUR 1 ≈ PLN 4.12) (USD 1 ≈ PLN 2.96) GDP total: EUR bln (USD bln)* GDP per capita PPP: EUR (USD )* GDP per capita: EUR (USD )* GDP growth: 3.9%*; 4.3% Membership: OECD, WTO, NATO, EU Large domestic market Central location in Europe International legal and business standards Young and well- educated workforce * Data for 2010 Strengths of Poland
Prezentacja - Curabitur fermentum, leo eget auctor porta
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99 Country Population in mln GDPTarde with China in USD mln* Nominal in USD mln% change Per capita PPP in USD thous. ExportsImportsBalance Belarus 9,555,255,57,75,314,00015,028469,41 639, ,5 Bulgaria 7,547,753,50,41,712,96513,597296,2676,9-380,7 Croatia 4,460,863,8-1,20,017,81918,19237,71 440, ,0 Czech Republic 10,5197,7215,32,71,726,12127, ,49 982, ,6 Estonia 1,318,322,22,37,618,53920,380175,7688,9-513,2 Hungary 10,0128,6140,31,31,718,81019, ,66 176, ,3 Latvia 2,324,028,3-0,35,514,41915,66233,1286,3-253,2 Lithuania 3,336,542,71,45,917,33318,85636,9570,2-533,3 POLAND38,2469,4513,83,94,318,95120, ,0**16 703,0** ,0** Romania 21,5164,4189,8-1,62,511,90412,476410,13 381, ,4 Slovakia 5,487,296,14,23,522,12223, ,03 922, ,0 Slovenia 2,047,049,61,4-0,228,13128,642116,41 394, ,2 Ukraine 45,8137,9165,04,15,26,6987, ,64 700, ,8 TOTAL161,71 474,71 635,9XXXX9 302, , ,2 Source: IMF & * UNCTAD ** The source of Polish trade data is Poland's CSO, as the only available data for Poland presented by UNCTAD is estimation CEE region macroeconomic data
HUAWEI CEE & Nordic Business Center Poland Czec h Romania Hungary HQ Area : m² Output : 3000 psc/month Supply Center: Hungary Area: Poland:200 m² Czech:180 m² Lectors : 30 Lessions : Radio , Transmission , Training Center : Poland & Czech Sweden 300+ specialists From 2000r. Radio Technology, Core network R&D Center in Sweden In 2008, Huawei established CEE & Nordic Business Center in Poland. 7*24 guarantee 500 engineers area: 1200m² Technical Supporting Center: Romania CEE & Nordic HQ: Poland Area: 5000 m² Employee : 500 Managing : 24 countries Including Sweden, Norway, Austria, Romania, Greece…
11 Entry into the NATO OECD WTO Schengen Poland joins the EU Leader of GDP growth in EU Poland’s GDP in mn PLN Data: Poland’s CSO Poland Sustainable and balanced economic growth * CSO preliminary estimation EU Presidency
12 % Data: Poland’s CSO Poland’s GDP growth (% change, yoy) According to preliminary estimates in 2011 GDP growth amounted to 4.3%. The biggest growth contribution was made by consumption.
13 Nominal GDP of CEE countries - EU member states (PPP, EUR bn, 2010) Data: Eurostat
14 CEE countries GDP growth rates (compared with the same period of the previous year) Data: Eurostat
15 Data: Eurostat CEE countries industrial production January 2012 (yoy)
16 CEE countries construction production January 2012 (yoy) Data: Eurostat
17 Data: Eurostat CEE countries inflation rate February 2012 (yoy)
18 Data: Eurostat CEE countries unemployment February 2012
Foreign trade in the years Data: CSO
20 Foreign Direct Investments in Poland In 2010 FDI main foreign investors in Poland were European countries (EUR 6.6bn) At the end of 2010 FDI inward stock accounted to EUR 150.4bn. Companies from Germany, the Netherlands, and Luxembourg are the biggest foreign investors in Poland * Estimated value Foreign Direct Investments Data: NBP
Poland’s EU membership is beneficial for FDI Part of the single market of 455 million Stable economy Free movement of goods, services, capital and labuor Rise in production volume Increase in FDI inflow Increase in economic creditworthiness Transparent legal system Saving time from procedures while exporting and importing to the EU Easy transport within the EU, no delays at border crossing Financial aid from the EU 21
22 Data: European Commission 0 Projection of EU GDP growth in 2012 European Commission
23 Source: 2012 Budgetary Law Poland’s Economy – 2012 forecast IndicatorForecast GDP2.5% Domestic demand2.0% Consumption2.5% Private consumption2.9% Public consumption1.2% Gross capital formation0.1% Gross fixed capital formation1.5% Exports4.6% Imports3.2% Consumer Price Index2.8% Industry Price Index4.6% Unemployment rate12.3%
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