THE ECONOMIC COOPERATION: POLAND-ITALY
Transcript of THE ECONOMIC COOPERATION: POLAND-ITALY
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• Area: 323 thousand km2 - 9th in Europe,69th in the world
• Population: 38.5 million - 8th in Europe,34th in the world
• Currency: Polish Zloty (USD 1 ≈ PLN 3.16)(EUR 1 ≈ PLN 4.19)
• GDP total: USD 546.6 bln*
• GDP per capita PPP: USD 25,105*• GDP per capita: USD 14,378*
• GDP growth: 3.4%
• Membership: OECD, WTO, NATO, EU
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Large domesticmarket
Central location in Europe
International legaland business
standards
Young and well-educated workforce
*- Data for 2014; IMF estimates
Strengths of Poland
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PolandSustainable and balanced economic growth
WTO1995
OECD1996
NATO1999
EU 2004
SCHENGEN2007
GROWTH LEADER
2009
EU PRESIDENCY
2011
GDP of Poland, PLN mn
Source: Poland’s CSO
5,1
3,5
6,2
7,2
3,9
2,6
3,7
4,8
1,8 1,7
3,4
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015* 2016*
4 Poland’s economic growth 2004-2016
Data: Poland’s CSO, ESA 2010 methodology; * - provisional data; international organization’s forecasts
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January-July 2015� In July unemployment rate amounted to 10.1%;� Average paid employment in enterprise sector amounted to 5,573 thous. and the average wages and salaries in this sector stood at PLN 4,071.
Labour market –––– unemployment rateMonthly – in cumulative terms (yoy)
Data: Poland’s CSO
2014 2015
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Poland’s foreign trade2004-2015 (EUR mn)
Data: Poland’ s CSO, *- provisional data.
January-June 2015*� The value of Poland’s exports amounted to EUR 87.2bn (+6.7% yoy).� The value of Poland’s imports amounted to EUR 84.3bn (+1.9 yoy).� Trade balance shaped at the level of EUR 2.9bn
77 Poland’s exports – main partners(I-VI 2015)
United Kingdom
EUR 5,764 mn
GermanyEUR 23,512 mn
Czech RepublicEUR 5,684mn
FranceEUR 4,970 mn
Data: Poland’ s CSO estimates.
TOTAL EXPORTS: EUR 87,175 mn
ItalyEUR 4,286 mn
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GermanyEUR 19,183 mn
Netherlands
EUR 3,143 mn
RussiaEUR 6,581 mn
ItalyEUR 4,430 mn
China
EUR 9,435 mn
Poland’s imports – main partners(I-VI 2015)
Data: Poland’s CSO estimates.
TOTAL IMPORTS: EUR 84,298 mn
FranceEUR 3,342 mn
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Foreign trade with Italy
Data: Poland’s CSO.
Exports: EUR 4,286 mn(+11.7%) Imports: EUR 4,430 mn (-4.1%)
Balance: EUR -144 mn
Exports: EUR 7,523 mn (+12.4%)Imports: EUR 9,503 mn (+13.7%)
Balance: EUR -1,980 mn
Exports: EUR 6,691 mn (-3.7%)Imports: EUR 8,356 mn (+3.4%)
Balance: EUR -1,665 mn2013
I-VI 2015
2014
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� According to NBP data, the main investors in Poland are from the European Union.
� At the end of 2013 the biggest foreign investors Poland were Germany, the Netherlands, France and Luxembourg.
� At the end of 2013, the value of FDI in Poland amounted to EUR 160 bn.
Foreign Direct Investment inPoland2004-2013 (EUR mn)
Data: National Bank of Poland
12 Poland in rankings (1)
In case of WCR data is for 2014/2013.
� Poland's economy recorded a rise in international rankings on the business climate, which means the visible improvement in relation to previous years.
13Poland in rankings (2)
Index of Economic Freedom 2015Heritage Foundation &Wall Street Journal
� The authors of the annual ranking Index of Economic Freedom assess, among others, freedom of establishment, trade policy, tax burdens, fiscal policy, labor market policy and the level of corruption.
� In the current edition of the ranking, which evaluated 178 countries, Poland was ranked 42nd, up by 8 positions compared to the previous year and ahead of the 13 EU Member States: Cyprus, Spain, Slovakia, Hungary, Romania, Bulgaria, Malta, Portugal, France, Italy, Croatia, Slovenia and Greece.
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Poland continues the efforts to improve the business climate
The latest report of the World Bank and IFC "Doing Business 2015" International Finance Corporation
� In the overall ranking of ease of doing business, Poland ranked at32 position (among 189 countries) what is the nominal improvement of 30 places compared to 2012.
� Poland placed ahead of the 13 EU Member States: Spain, Slovakia, Bulgaria, Czech Republic, Romania, Slovenia, Hungary, Italy, Luxembourg, Greece, Cyprus, Croatia and Malta.
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Increase of the investment attractiveness of Poland
The latest EY report: Europe attractiveness survey 2015
� In Poland in 2014 were completed 132 FDI projects - 23% more than in 2013. Poland ranked at 7th place in Europe.
� With those FDI projects 15 485 new jobs were established - 12% more than in 2013. Which ranked Poland at the 3rd position in Europe, ahead of, among others, France, Germany and Spain.
In this ranking Poland is the leader among the countries of Central and Eastern Europe.
16Participation of Poland inEXPO 2015 in Milan
� Promotion of Poland’s economy on the international arena.� Building a positive image of Polish as a country attractive economically.� Presentation of Poland as one of the most important members of the
European Union: a modern country, while respecting their traditions, reliable partner with a stable economy.
� Establishment of new business contacts.� Encouraging foreign investors for investment in Poland.� Presentation of Poland’s export potential in the agri-food industry and
other economic sectors.
Pl. Trzech Krzyży 3/500-507 Warsaw
tel +48 22 693 50 00fax +48 22 693 40 46
Ministry of Economyweb www.mg.gov.plemail [email protected]
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