Poland
Poland is considered to have one of the healthiest economies of the post-communist countries, with GDP growing by 6.1% in 2006. Since the fall of the communist government, Poland has steadfastly pursued a policy of liberalising the economy and today stands out as a successful example of the transition from a centrally planned economy to a primarily capitalistic market economy. The privatisation of small and medium state-owned companies and a liberal law on establishing new firms have allowed the development of an aggressive private sector. As a consequence, consumer rights organizations have also appeared. Restructuring and privatisation of sensitive sectors such as coal, steel, rail transport and energy has been continuing since 1990. Between 2007 and 2010, the government plans to float twenty public companies on the Warsaw Stock Exchange, including parts of the coal industry. To date (2007), the biggest privatisations have been the sale of the national telecoms firm Telekomunikacja Polska to France in 2000, and an issue of 30% of the shares in Poland’s largest bank, PKO Bank Polski, on the Polish stockmarket in 2004.
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Demographic Data |
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Economic Data |
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Cultural & Other Data |
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GDP (PPP, $bn) |
667.4 |
Capital |
Warsaw |
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Area (sq. km.) |
312,679 |
GDP Real Growth (%) |
4.8 |
Other Large Cities |
Lodz, Krakow, Wroclaw, Poznan |
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Population (million) |
38.5 |
PerCap GDP ($) |
17,300 |
Primary Language |
Polish |
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Population Growth % |
-0.047 |
Prime Lending Rate (%) |
5.48 |
Urban Population % |
61 |
|
% Population Under 15yrs |
15 |
Inflation Rate% |
4.3 |
Urban Growth % |
-0.3 |
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Population below poverty line (%) |
17 |
Unemployment% |
9.7 |
Literacy (% of population) |
99.8 |
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Agricultural Workers (% of population) |
17 |
Foreign Direct Investment($bn) |
196.1 |
Education spending as % of GDP |
5.5 |
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Industrial Workers (% of population) |
29 |
Debt-External ($bn) |
227.5 |
CPI Score (1-10)* |
4.6 |
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Service Workers (% of population) |
54 |
Exports ($bn) |
190.5 |
Corporate Income Tax % |
19 |
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Labor Force (mil) |
16.95 |
Imports ($bn) |
213.9 |
Ease of Doing Business Ranking ** |
76 |
CURRENCY EXCHANGE RATE
05/26/09 $1 = 3.18 PLN
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