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Poland: Country and Foreign Investment

Executive Summary

This page was last updated on 20 November 2020.

Following revolutions in 1989, the communist government was overthrown and a democratic one installed. Poland joined NATO in 1999 and became a member of the European Union in 2004.

According to the International Monetary Fund, in 2020, Poland is ranked 39th in the world in terms of per capita GDP at purchasing power parity. Poland is ranked 32nd in the world according to the UN's Human Development Index (a comparative measure of life expectancy, literacy, education, standards of living and quality of life).

The Polish economy is the largest in Eastern Europe and the 6th largest in the EU. Germany is Poland's dominant trading partner. Polish law encourages investment from foreign entrepreneurs by offering taxation incentives in 14 special economic zones.

 

 

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