Poland is a country placed in Central and Eastern Europe, and its bordering countries are Russian Federation, Lithuania, Belarus, Ukraine, Czech Republic, Slovakia and Germany.
Situated in the heart of Europe, Poland’s territory connects perfectly north, south, east and west of the continent. Geographically, Poland is the ninth largest country in Europe.
Poland has been an EU member state since 2004 and is a member of the North Atlantic Treaty Organization (NATO), the United Nations (UN), the World Trade Organization, and the Organization for Economic Co-operation and Development (OECD). Current reports point to Poland as the ninth largest economy of the EU and the biggest one in the Central and Eastern Europe region. Poland was ranked 37 out of 141 countries in The World Economic Forum Global Competitiveness Report 2019. In 2020, due to the COVID-19 worldwide pandemic, there was no Global Competitiveness Index Ranking in the Global Competitiveness Report – Special Edition 2020: How Countries are Performing on the Road to Recovery, Poland.
Poland has become Europe’s biggest economic success story since it transformed into a market economy in the early 1990s. The EU’s sixth largest market by population, Poland has enjoyed 29 years of unbroken growth – driven by strong domestic demand, dynamic exports, improved productivity, foreign investment, a stable banking system, and a significant inflow of EU cohesion funds.
According to the reports on emerging markets, Poland is offering one of the largest in the region increase of the revenues. Many companies are doing business in Poland because of the strong and attractive consumer market, strategic location, and well-educated workforce.