Poland Economic information

Poland is a country located in Central Europe. It has a developing economy and is a member of the European Union. The labor market has a very large and young population. Poland's GDP stood at $592 billion in 2020. The country's economy is generally based on the service sector. It has great potential in sectors such as finance, trade, tourism and information technologies. Poland is also the headquarters of many large international companies. The country's largest companies include oil and gas company PKN Orlen, energy company PGE, bank PKO Bank Polski and retail company Jeronimo Martins Polska. Poland's most important trade partners are European countries such as Germany, Czech Republic, England and France. It also has trade relations with countries such as China, the United States and Russia. The unemployment rate in Poland was recorded as

3.2% in 2020. The country's low unemployment rate indicates that it is a stable economy with growth potential. Poland's biggest economic challenges include high public debt, low productivity and infrastructure deficiencies. However, efforts are being made to overcome these problems with reforms and foreign investments in recent years. Poland is a country with economic growth potential and is considered one of the fastest growing economies in Europe.