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Economy of Poland

Population: 39 million in 2013¹

GDP: $518 billion in 2013²

GDP per capita: $13,648 nominal³ ($23,275 PPP⁴) in 2013

GDP growth rate: 1.7% in 2013⁵

Industries

GDP by Industry 2012⁶

Industry sector	Value added ($ billions) 2012	Percent of total
Other activities	153	33.7%
Wholesale, retail trade, restaurants and hotels	90	19.9%
Manufacturing	79	17.4%
Transport, storage and communication	42	9.4%
Construction	37	8.2%
Mining and utilities	33	7.4%
Agriculture, hunting, forestry, fishing	18	4.0%
Total value added	453	100%

Employment

Unemployment rate: 10.4% in 2013⁷

Employment by Industry 2013⁸

Employment sector	Employees (thousands) 2013	Percent of total
Manufacturing	2,969	19.1%
Wholesale trade, retail trade and repair of motor vehicles	2,226	14.3%
Agriculture, forestry and fishing	1,867	12.0%
Education	1,212	7.8%
Construction	1,184	7.6%
Public administration and defence	1,054	6.8%
Human health and social work	942	6.0%
Transportation and storage	923	5.9%
Professional, scientific and technical	522	3.3%
Administrative and support service	420	2.7%
Finance and insurance	379	2.4%
Information and communication	331	2.1%
Accommodation and food service	330	2.1%
Mining and quarrying	268	1.7%
Other service	237	1.5%
Arts, entertainment and recreation	196	1.3%
Electricity, gas, steam and air conditioning	167	1.1%
Water supply, sewerage and waste management	164	1.1%
Real estate	139	0.9%
Activities of households as employers	29	0.2%
Not elsewhere classified	8	0.1%
Extraterritorial organizations and bodies	1	0.0%
Total employment	15,568	100%

Corporations

Top 1 Corporation by Revenue 2013* ⁹

Rank	Corporation	Revenue ($ billions) 2013	Profit ($ billions) 2013	Assets ($ billions) 12/31/13	Industry
1	PKN Orlen	31	0.0	14	Oil and gas

* Corporate data calculated using the exchange rate 3.613 PLZ = 1 USD

Households

Household Wealth: $840 billion (162% of GDP) in 2014¹⁰

Household Wealth per Adult: $27,731¹⁰

Gini Coefficient: .328 in 2011¹¹

Government

Central Government

Central Government Revenue: $92 billion (18% of GDP) in 2013¹²

Central Government Expenditure: $92 billion (18% of GDP) in 2013¹²

Central Government Budget Balance: $0 billion (0% of GDP) in 2013¹²

Central Government Public Debt: $223 billion (43% of GDP) in Q1 2014* ¹³

Central Government 10 Year Bond Interest Rate: 2.30%¹⁴

* Public debt calculated using the exchange rate 3.613 PLZ = 1 USD

Government Funds

N/A

Tax Structure

Personal Income Tax Rates and Thresholds in 2013* ¹⁵

18%: $0-$23,672
32%: $23,672+

Corporate Tax Rate: 19% in 2014¹⁶

* Thresholds calculated using the exchange rate 3.613 PLZ = 1 USD

Monetary Policy

Money Supply (M0): $47 billion (9% of GDP) in Nov 2014* ¹⁷

Benchmark Interest Rate: Reference Rate = 2.0% in Jan 2015¹⁸

Total Reserves: $106 billion (20% of GDP) in 2013¹⁹

Exchange Rate: 3.613 Polish Zlotys = 1 U.S. Dollar on Jan 15, 2015²⁰

Inflation: 1.0% in 2013²¹

* Money supply calculated using the exchange rate 3.613 PLZ = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 2013²²

N/A (data not available at Relbanks.com)

International Accounts

Exports: $202 billion (39% of GDP) in 2013²³

Imports: $207 billion (40% of GDP) in 2013²³

Trade Balance: -$5 billion (-1% of GDP) in 2013²³

Foreign Direct Investment Inflow: -$6.0 billion (-1% of GDP) in 2013²⁴

Foreign Direct Investment Outflow: -$4.9 billion (-1% of GDP) in 2013²⁴

Foreign Aid Inflow: N/A

Foreign Aid Outflow: $457 million (0.1% of GDP) in 2013²⁵

References