Locked content Report: Poland’s wealth below global average

According to the World Bank’s report: The changing wealth of nations, Poland’s total wealth per capita amounts to $ 154,932 below the global average of $168,580. The report, which measures global wealth, takes into account produced capital and urban land, natural capital such as resources and land, ...

Locked content Poland drops in Doing Business 2018 to 27th spot

Poland took the 27th spot in the Doing Business 2018 ranking published by World Bank, which compares business environment in 190 countries. In last year’s ranking Poland received a lower overall score (77.12 versus this year’s 77.30), but was in a higher position (24th). “Comparing the Doing Busines...

Locked content Capital expenditure to increase 4.7% in 2017 – World Bank

Polish firms’ capital expenditure will increase by 4.7 percent this year compared to a year earlier, according to forecasts published by the World Bank. In the following years, capital expenditure could increase even further, reaching 6.6 percent in 2018 and 7.1 percent in 2019, the World Bank state...

GDP to grow 4.0% in 2017, could slow down after that – World Bank

The World Bank has increased its GDP forecasts for Poland to 4.0 percent in 2017, 3.6 percent in 2018 and 3.4 percent in 2019. Earlier estimates stood at 3.3 percent this year and 3.2 percent in 2018 and 2019. “In 2017, Poland’s economic growth will accelerate to 4.0 percent from 2.7 percent recorde...

Locked content Budget deficit at 2.1% in 2017 – World Bank

Poland’s budget deficit will amount to 2.1 percent of GDP in 2017, and then it will grow to 2.6 percent in 2018 and 2.7 percent in 2019, according to forecasts prepared by the World Bank. “All forward indicators for Poland’s economy are strong, there is clear stimulation from private consumption,” s...

Locked content Poland drops in World Governance Indicators report

Poland has dropped in all but one indicators in the latest World Governance Indicators (WGI) report compiled by World Bank. In the voice and accountability indicator, which captures perceptions of the extent to which a country’s citizens are able to participate in selecting their government, a...

World Bank praises Poland’s economic growth

According to the report on Poland, published by the World Bank, Polish economy has accomplished great things over the last twenty-something years. World Bank praised Poland for continuous growth since the fall of communism, averaging 4 percent average GDP growth per annum and moving from middle to h...

Locked content Poland gender pay gap among lowest in the EU – Eurostat

The difference between the average pay of men and women in Poland is 7.7 percent, which is one of the best results in the European Union, according to Eurostat. Poland is in sixth place when it comes to gender pay parity. Only Romania, Luxembourg, Italy, Belgium, and Slovenia do better. At the oppos...

Poland moves up one place in Doing Business ranking

Poland has advanced from last year’s 25th place to 24th in the World Bank’s “Doing Business” ranking, according to an annual report published on Tuesday. The Ministry of Development commented that this is a sign that the Polish economy is heading in the right direction.

Locked content World Bank: Brain drain from Poland second-highest in the world

Poland ranks second in the world when it comes to the rise in outflow of qualified personnel, surpassed only by India, according to the World Bank (WB) report “Global Talent Flows.” The figures for Poland are disturbing, with the country finding itself in the group of nations with the fastest growin...