U.S. Department of State
Other State Department Archive SitesU.S. Department of State
U.S. Department of State
U.S. Department of State
U.S. Department of State
U.S. Department of State
The State Department web site below is a permanent electronic archive of information released online from January 1, 1997 to January 20, 2001. Please see www.state.gov for current material from the Department of State. Or visit http://2001-2009.state.gov for information from that period. Archive sites are not updated, so external links may no longer function. Contact us with any questions about finding information. NOTE: External links to other Internet sites should not be construed as an endorsement of the views contained therein.
U.S. Department of State

Department Seal

Country Commercial Guides for FY 2000:
Poland

Report prepared by U.S. Embassy
Warsaw, released July 1999

Blue Bar

CHAPTER X:   APPENDICES

APPENDIX A:   Country Data

         Population:		38.64 Million
         Religion:		90% Roman Catholic
         Government:		Parliamentary Democracy
         Language:		Polish
         Work Week:		Monday through Friday

APPENDIX B:   Domestic Economy

                             		1997	1998	1999(f)

GDP Current (USD Billions)		143	158	158		
GDP Growth Rate (real % change)		6.8%	4.8%	3.5-4.0%
GDP Per Capita (in current USD)		3,700	4,070	4,050
(at purchasing power parity)		7,600	7,900	N/A		

Gov't Spending (% of GDP)		26.8%	25.4%	N/A	
Inflation (% change Dec-Dec)		13.2%	8.6%	7.4%
Unemployment (Percent)			10.3%	10.4%	11.8%		
Foreign Exchange Reserves(mln USD)
              -gross			20,670	27,382	N/A	
              -net			24,429	28,800	N/A
Average Exchange Rate (**)		3.2808	3.4937	3.9000	
Foreign Hard Curr. Debt(mln USD)	38,500	42,761	45,000	
Foreign Debt Service 
(as a % of exports)(***)		5.9%	5.0%	N/A

Notes:
Polish Government Statistics, unless otherwise noted  
f   = Forecast, straight line projections
N/a = Data not available
**  = Polish Zloty per USD 1
*** = IMF 

APPENDIX C:   Trade

The following figures are from Poland's Central Statistical Office and are in USD millions, unless otherwise noted.

                        	 1997		 1998	     1999***

Total Poland Exports		27,230		30,200	    32,100**
Total Poland Imports		38,498		43,900	    44,900**
U.S. Imports from Poland	   698*		   783*	    N/A
U.S. Exports to Poland		 1,171*		   882*     N/A
U.S. Share of Polish Imports	   5.5%		   3.8%	    N/A

Notes:
*   = U.S. Department of Commerce
**  = NBP (Balance of Payments)
*** = Estimated

Five Principal U.S. Exports to Poland (HS) in 1998 (@)

  1. Nuclear Reactors, Boilers, Machinery and Mechanica (199.201 mln)
  2. Electrical Machinery and Equipment and Parts (116.605 mln)
  3. Special Classification Provisions, Nesoi (69.731 mln)
  4. Meat and Edible Meat Offal (59.054 mln)
  5. Vehicles, other than Railway or Tramway (55.279 mln)

Five Principal U.S. Imports from Poland (HS) in 1998 (@)

  1. Nuclear Reactors, Boilers, Machinery and Mechanica (172.595 mln)
  2. Electrical Machinery and Equipment (86.318 mln)
  3. Bulldozers and Angledozers (54.153 mln)
  4. Glass and Glassware (51.862 mln)
  5. Iron and Steel (47.353 mln)
  6. Woven Apparel (40,430 mln)
Notes
Polish Central Office of Statistics Data, Unless Noted 
@  =	USDOC Estimate
a  =  Agricultural Policy Analysis Unit/ Foreign Markets Monitoring Unit of the foundation Assistance Programs for Agriculture (FAPA)
b  =  U.S. Census Data

APPENDIX D: Investment Statistics

The investment climate in Poland continues to improve. This is reflected in the magnitude of inflows of direct foreign investment. In 1998, foreign direct investment in Poland reached a record level of USD 10 billion.

Foreign companies chose Poland for a variety of reasons, including: its size, skilled work force, relatively low labor cost, and expected admission to the European Union. Poland continues to move up the list of top countries for foreign investment outpacing Germany and France.

Note: State Agency for Foreign Investment (PAIZ) tracks only foreign investment in Poland by "major" investments, or those made by "large" foreign investors, totaling USD 1 million or more. According to PAIZ, at the end of 1998 there were 714 companies representing 34 countries that invested more than US$ 1 million.

The following investment information on Poland is based on PAIZ data and is cumulative to-date listed:

	Foreign Investment, year-end 1998:	$27,279.6 mln
	Foreign Investment, year-end 1997:      $17,705.4 mln	
    	Foreign Investment, year-end 1996:      $12,027.7 mln
    	Foreign Investment, year-end 1995:      $6,832 mln
    	Foreign Investment, year-end 1994:      $3,741 mln
    	Foreign Investment, year-end 1993:      $3,041 mln

Major Investments by Country of Origin, Number of Companies, Total Value, (Percent Share of Total), through December 1998

1. Germany, 163 companies, USD 5,117.3 million (18.8 percent)
2. United States, 112 companies, USD 4,911.2 million (18.0 percent)
3. France, 60 companies, USD 2,398.9 million (8.8 percent)
4. Italy, 64 companies, USD 2,037.6 million (7.5 percent)
5. Great Britain, 28 companies, USD 1,929.5 million (6.9 percent)
6. Holland, 42 companies, USD 1,878.9 million (6.8 percent)
7. International, 18 firms, USD 1,813.1 million (6.6 percent
8. South Korea, 4 companies USD 1,412.4 million (5.2 percent)

Industrial Structure of Foreign Investment in Poland

	
	1.  Manufacturing (57.5%)
	    including:  -  Food Processing (16.2%)
			-  Transportation equipment (13.0%)
			-  Non-metallic mineral products (9.4%)    
	2.  Financial services (17.5%)
	3.  Trade and Repairs (10.5%)	
	4.  Construction (6.2%)
	5.  Transport, storage, communication (2.5%)

Sectoral Breakdown of U.S. Investments in Poland

    1.  Food/Food Processing 
    2.  Consumer Goods 
    3.  Paper Industry 
    4.  Banking and Finance 
    5.  Construction and Engineering 
    6.  Telecommunications 
    7.  Other 

[end of document]
 
Note* International Copyright, United States Government, 1998 (or other year of first publication). All rights under foreign copyright laws are reserved. All portions of this publication are protected against any type or form of reproduction, communications to the public and the preparation of adaptations, arrangement and alterations outside the United States. U. S. copyright is not asserted under the U.S. Copyright Law, Title17, United States Code.

Flag bar

Next Chapter | Table of Contents
Country Commercial Guides Index