Tag Archives: Poland

According to allcountrylist, Poland is an emerging market economy located in Central Europe. It is a member of the European Union and has a population of over 38 million people. The Polish economy is one of the fastest growing economies in Central and Eastern Europe, with a GDP growth rate of 3.2% in 2019. The three main economic sectors in Poland are services, industry and agriculture. The services sector is the largest sector in Poland’s economy, making up around 65% of GDP. This sector includes financial services, telecommunications, tourism, transportation and retail trade among others. In 2019 the service sector made up around 66% of total employment and contributed heavily to GDP growth with an increase of 3.4%. The industrial sector is the second largest contributor to Poland’s economic output, accounting for around 33% of GDP in 2019. This sector includes manufacturing such as automotive production, electronics manufacturing as well as food processing and chemicals production among others. In terms of employment this sector makes up around 28% of total employment and has seen growth at a rate of 2%. Agriculture is the smallest economic sector but still provides important contributions to the Polish economy. This sector accounts for around 2% of total GDP and employs about 6% of the population. Crop cultivation is important for providing food security while animal husbandry provides meat products for domestic consumption as well as export to other countries such as Germany or France. In recent years Poland has been working towards improving its business environment by introducing reforms such as reducing red tape, improving access to capital markets and encouraging foreign investment into the country through incentives such as tax breaks or free trade zones (FTZ). These measures have helped attract foreign investors which has helped improve infrastructure development projects such as roads or airports which will further help boost economic growth in Poland over time. The history of agriculture in Poland dates back to the early Medieval period, when it was a major agricultural producer for Europe. During this time, crops such as rye, barley, oats and wheat were grown as staples while vegetables and fruits were also cultivated. Livestock farming was also important with pigs, horses, cattle and sheep being raised on farms. During the 19th century, industrialization led to increased mechanization and specialization of farming which saw a shift away from small-scale subsistence farming towards larger-scale commercial operations. This period also saw an influx of new crops such as potatoes and sugar beet which further diversified Polish agriculture. Today, agriculture remains an important sector in the Polish economy contributing around 14% of its GDP and employing around 16% of its population. The main crops grown are wheat, barley, rye and potatoes with wheat being by far the most important crop produced in terms of both volume and value. Other important crops include sugar beet, rapeseed oilseed rape, maize and soybeans. In recent years there has been a significant increase in organic farming practices as well as increased investment into research related to sustainable agriculture methods. The livestock sector is also significant and contributes significantly to both national income and employment levels. To improve productivity levels within this sector farmers have been provided with access to improved genetics as well as training on modern farming methods. There has also been a focus on improving access to markets for small-scale farmers so that they can maximize their profits from their produce. See smber for Poland Agriculture and Fishing.