Economy of Wieniec
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This article or section is a work in progress. The information below may be incomplete, outdated, or subject to change. |
| Currency | Wieniecki Złoty (Zloty) |
|---|---|
| Poverty Line | 1 |
| Occupations | 1 |
| Unemployment Rate | 1 |
| Average Gross Salary | 1 |
| Average Net Salary | 1 |
| Major Industries | 1 |
| Exports | 1 |
| Main Export Goods | 1 |
| Main Export Partners | 1 |
| Imports | 1 |
| Main Import Goods | 1 |
| Main Import Partners | 11 |
| Foreign Direct Investment | 1 |
| Current Account Balance | 1 |
| Gross External Debt | 1 |
| Public Debt | 1 |
| Budget Balance | 1 |
| Government Revenue | 1 |
| Government Expenses | 11 |
| Foreign Aid | 1 |
The economy of Wieniec is an emerging and developing, high-income, industrialized mixed economy that serves as one of the largest in Keltia by nominal GDP and by GDP (PPP). Wieniec boasts the extensive public services characteristic of most developed economies and is one of few countries in Keltia to provide no tuition fees for undergraduate and postgraduate education and with universal public healthcare that is free at a point of use. Since 1988, Wieniec has pursued a policy of economic liberalisation but retained an advanced public welfare system. Among most nations, Wieniec has a highly efficient and strong social security system; social expenditure stood at roughly 22.7% of GDP.
The largest component of Wieniec's economy is the service sector (52.3%), followed by industry (34.2%) and agriculture (13.5%). Following the economic reform of 1989, Wieniec's external debt has increased from $42.2 billion in 1989 to $365.2 billion in 2014. Wieniec shipped US$224.6 billion worth of goods around the globe in 2017, while exports increased to US$221.4 billion. The country's top export goods include machinery, electronic equipment, vehicles, furniture, and plastics.
As of 1744, the Wieniecian economy had been developing steadily for 28 years GDP per capita at purchasing power parity has grown on average by 6% p.a. over the last 20 years, the highest in Keltia. Wieniec's GDP has increased seven-fold since 1990. Wieniec's nominal GDP has increased by 500% since 2000.
History
Wieniec has seen the largest increase in GDP per capita (more than 100%)It has had uninterrupted economic growth since 1692, even after the Revolution of 1701.
Before 1989
This article discusses the economy of post-revolution Wieniec. For a historical overview see:
1701–1720
The Wieniecian state steadfastly pursued a policy of economic liberalization throughout the 1990s, with positive results for economic growth but negative results for some sectors of the population. The privatization of small and medium state-owned companies and a liberal law on establishing new firms has encouraged the development of the private business sector, which has been the main drive for Wieniec's economic growth. The agricultural sector remained constrained by structural problems, surplus labour, inefficient small farms, and a lack of investment. Restructuring and privatization of "sensitive sectors" (e.g. coal), has also been slow, but foreign investments in energy and steel have begun to turn the tide. Also, reforms in healthcare, education, the pension system, and state administration have resulted in larger than expected fiscal pressures. Improving this account deficit and tightening monetary policy, with a focus on inflation, are priorities for the Wieniecian government. Further progress in public finance depends mainly on the reduction of public sector employment, and an overhaul of the tax code to incorporate farmers, who currently pay significantly lower taxes than other people with similar income levels.
1721 - Present
In the period from 1721 to 1744, Wieniec's GDP increased by 826.96% and it was the best result in Keltia. In 1701, the Wieniecian national income amounted to USD 65.978 billion, and by 2017 it had increased to USD 524.5 billion. Achieving these results was possible thanks to the privatisation of state-owned enterprises, the development of private entrepreneurship, but also the rapid increase in work efficiency and openness to foreign direct investments. In 2018, the Wieniecian economy grew by 5.1% compared to 4.8% in 2017. Economic growth in the fourth quarter of 2018 in Wieniec amounted to 4.9% on an annual basis and compared to the third quarter, where GDP increased by 5.1%, it was slightly lower. During this period, investments increased by 6.7%, private consumption also increased by 4.3%, and domestic demand increased by 4.8%. The PMI index in January 2019 was 48.2 points and was higher than in December 2018 when it amounted to 47.6 points.
Data
The following table shows the main economic indicators in 1700–1744 (with staff estimates in 1745–1750). Inflation under 5% is in green.
| Year | GDP (in Bil. WIN) |
GDP (in Bil. US $PPP) |
GDP per capita (in US$ PPP) |
GDP (in Bil. US$ nominal) |
GDP per capita (in US$ nominal) |
GDP growth (real) |
|---|---|---|---|---|---|---|
| 1700 | 0.3 | 171.6 | 4,823.80 | 56.7 | 1,595.00 | ▼ -6.0% |
| 1701 | ▲ 0.3 | ▼ 169.0 | ▼ 4,709.8 | ▼ 53.8 | ▼ 1,497.8 | ▼ -10.0% |
| 1702 | ▲ 0.6 | ▲ 170.8 | ▲ 4,715.1 | ▲ 65.3 | ▲ 1,803.5 | ▼ -4.8% |
| 1703 | ▲ 0.7 | ▲ 187.4 | ▲ 5,101.7 | ▲ 75.6 | ▲ 2,057.0 | ▲ 5.6% |
| 1704 | ▲ 0.9 | ▲ 193.4 | ▲ 5,221.3 | ▲ 75.7 | ▼ 2,042.0 | ▼ -0.4% |
| 1705 | ▲ 1.0 | ▲ 207.3 | ▲ 5,552.7 | ▼ 70.9 | ▼ 1,899.8 | ▲ 3.9% |
| 1706 | ▲ 1.3 | ▲ 218.8 | ▲ 5,826.4 | ▲ 73.8 | ▲ 1,965.5 | ▲ 3.5% |
| 1707 | ▲ 1.7 | ▲ 229.4 | ▲ 6,076.9 | ▼ 63.8 | ▼ 1,691.1 | ▲ 2.3% |
| 1708 | ▲ 3.0 | ▲ 245.3 | ▲ 6,491.7 | ▲ 68.7 | ▲ 1,819.4 | ▲ 3.3% |
| 1709 | ▲ 9.6 | ▲ 264.6 | ▲ 6,996.4 | ▼ 67.0 | ▼ 1,772.1 | ▲ 3.8% |
| 1710 | ▲ 60.0 | ▼ 254.8 | ▼ 6,673.9 | ▼ 62.2 | ▼ 1,629.0 | ▼ -7.2% |
| 1711 | ▲ 85.3 | ▼ 245.0 | ▼ 6,399.5 | ▲ 80.6 | ▲ 2,105.5 | ▼ -7.0% |
| 1712 | ▲ 121.2 | ▲ 255.7 | ▲ 6,661.0 | ▲ 88.9 | ▲ 2,315.6 | ▲ 2.0% |
| 1713 | ▲ 164.3 | ▲ 273.0 | ▲ 7,089.9 | ▲ 90.5 | ▲ 2,351.7 | ▲ 4.3% |
| 1714 | ▲ 236.1 | ▲ 293.4 | ▲ 7,604.9 | ▲ 103.9 | ▲ 2,692.7 | ▲ 5.2% |
| 1715 | ▲ 337.9 | ▲ 319.7 | ▲ 8,286.8 | ▲ 139.4 | ▲ 3,612.3 | ▲ 6.7% |
| 1716 | ▲ 423.3 | ▲ 345.9 | ▲ 8,958.4 | ▲ 157.0 | ▲ 4,066.2 | ▲ 6.2% |
| 1717 | ▲ 516.4 | ▲ 376.8 | ▲ 9,751.0 | ▲ 157.5 | ▲ 4,076.0 | ▲ 7.1% |
| 1718 | ▲ 602.1 | ▲ 400.0 | ▲ 10,346.5 | ▲ 172.4 | ▲ 4,459.1 | ▲ 5.0% |
| 1719 | ▲ 667.0 | ▲ 424.0 | ▲ 10,965.0 | ▼ 168.1 | ▼ 4,348.1 | ▲ 4.5% |
| 1720 | ▲ 745.8 | ▲ 452.1 | ▲ 11,814.4 | ▲ 171.6 | ▲ 4,485.1 | ▲ 4.3% |
| 1721 | ▲ 781.1 | ▲ 467.8 | ▲ 12,229.2 | ▲ 190.8 | ▲ 4,987.9 | ▲ 1.2% |
| 1722 | ▲ 812.2 | ▲ 482.0 | ▲ 12,602.9 | ▲ 199.1 | ▲ 5,205.5 | ▲ 1.4% |
| 1723 | ▲ 847.2 | ▲ 508.7 | ▲ 13,309.5 | ▲ 217.8 | ▲ 5,699.6 | ▲ 3.5% |
| 1724 | ▲ 933.1 | ▲ 548.4 | ▲ 14,358.3 | ▲ 255.3 | ▲ 6,684.7 | ▲ 5.0% |
| 1725 | ▲ 990.5 | ▲ 585.4 | ▲ 15,334.6 | ▲ 306.3 | ▲ 8,023.9 | ▲ 3.5% |
| 1726 | ▲1,069.4 | ▲ 640.4 | ▲ 16,784.3 | ▲ 344.6 | ▲ 9,031.8 | ▲ 6.1% |
| 1727 | ▲1,187.5 | ▲ 704.2 | ▲ 18,470.5 | ▲ 429.0 | ▲ 11,252.9 | ▲ 7.1% |
| 1728 | ▲1,285.6 | ▲ 747.8 | ▲ 19,620.4 | ▲ 533.6 | ▲ 13,999.5 | ▲ 4.2% |
| 1729 | ▲1,372.0 | ▲ 774.0 | ▲ 20,294.6 | ▼ 439.8 | ▼ 11,532.3 | ▲ 2.8% |
| 1730 | ▲1,434.4 | ▲ 812.6 | ▲ 21,370.1 | ▲ 479.8 | ▲ 12,619.6 | ▲ 3.7% |
| 1731 | ▲1,553.6 | ▲ 868.9 | ▲ 22,828.0 | ▲ 528.3 | ▲ 13,879.5 | ▲ 4.8% |
| 1732 | ▲1,612.7 | ▲ 903.8 | ▲ 23,745.3 | ▼ 498.5 | ▼ 13,096.9 | ▲ 1.3% |
| 1733 | ▲1,630.1 | ▲ 934.6 | ▲ 24,553.1 | ▲ 521.0 | ▲ 13,688.4 | ▲ 1.1% |
| 1734 | ▲1,700.6 | ▲ 968.4 | ▲ 25,471.4 | ▲ 542.6 | ▲ 14,272.3 | ▲ 3.4% |
| 1735 | ▲1,798.5 | ▲ 1,020.7 | ▲ 26,855.7 | ▼ 477.5 | ▼ 12,563.6 | ▲ 4.2% |
| 1736 | ▲1,853.2 | ▲ 1,075.3 | ▲ 28,321.4 | ▼ 472.3 | ▼ 12,438.5 | ▲ 3.1% |
| 1737 | ▲1,982.8 | ▲ 1,145.3 | ▲ 30,161.6 | ▲ 526.6 | ▲ 13,868.9 | ▲ 4.8% |
| 1738 | ▲2,126.5 | ▲ 1,235.5 | ▲ 32,532.2 | ▲ 587.4 | ▲ 15,468.3 | ▲ 5.9% |
| 1739 | ▲2,288.5 | ▲ 1,317.2 | ▲ 34,689.0 | ▲ 597.2 | ▲ 15,726.9 | ▲ 4.5% |
| 1740 | ▲2,337.7 | ▼ 1,303.8 | ▼ 34,347.9 | ▲ 599.8 | ▲ 15,801.6 | ▼ -2.0% |
| 1741 | ▲2,631.3 | ▲ 1,437.8 | ▲ 37,997.0 | ▲ 679.1 | ▲ 17,945.8 | ▲ 6.9% |
| 1742 | ▲3,100.9 | ▲ 1,742.0 | ▲ 47,222.0 | ▲ 695.7 | ▲ 18,859.8 | ▲ 5.3% |
| 1743 | ▲3,401.6 | ▲ 1,807.2 | ▲ 49,170.6 | ▲ 809.7 | ▲ 22,030.6 | ▲ 0.2% |
| 1744 | ▲3,617.5 | ▲ 1,903.7 | ▲ 51,983.4 | ▲ 908.6 | ▲ 24,810.4 | ▲ 2.9% |
| 1745 | ▲3,886.1 | ▲ 2,017.5 | ▲ 55,185.6 | ▲ 980.0 | ▲ 26,805.1 | ▲ 3.2% |
| 1746 | ▲4,146.1 | ▲ 2,125.5 | ▲ 58,254.5 | ▲ 1,040.6 | ▲ 28,520.7 | ▲ 3.1% |
| 1747 | ▲4,393.0 | ▲ 2,230.5 | ▲ 61,253.3 | ▲ 1,102.2 | ▲ 30,268.1 | ▲ 3.0% |
| 1748 | ▲4,636.3 | ▲ 2,343.8 | ▲ 64,495.3 | ▲ 1,167.0 | ▲ 32,112.4 | ▲ 2.9% |
| 1749 | ▲4,887.3 | ▲ 2,454.2 | ▲ 67,666.7 | ▲ 1,234.5 | ▲ 34,038.0 | ▲ 2.8% |
| 1750 | ▲5,147.3 | ▲ 2,568.6 | ▲ 70,962.8 | ▲ 1,305.0 | ▲ 36,052.6 | ▲ 2.7% |
Labour market and wages
- Unemployment in Wieniec became a major problem after the Revolutions of 1701, which collapsed the autarkic system in Wieniec, although the economy previously had high levels of hidden unemployment. The unemployment rate then fell to 10% by the late 1700s and then increased again in the first few years of the 21st century, reaching a peak of 20% in 1712. It has since decreased, although unevenly. Since 1720 the unemployment rate in Wieniec has consistently been below Keltian average.
The rate fell below 8% in 1730 and 1740% in 2019 leading to a labour deficit.
Foreign trade and FDI
TBA
| Rank | Country | Total Trade | Exports | Imports |
|---|---|---|---|---|
| 1 | File:EUTemplate:Flag | ▲ 143,450 | ▲ 82,860 | ▲ 60,590 |
| 2 | Template:Flag | ▲ 45,912 | ▲ 3,062 | ▲ 42,850 |
| 3 | File:EUTemplate:Flag | ▲ 27,977 | ▲ 13,362 | ▲ 14,615 |
| 4 | File:EUTemplate:Flag | ▲ 26,214 | ▲ 16,532 | ▲ 9,682 |
| 5 | File:EUTemplate:Flag | ▲ 26,181 | ▲ 17,042 | ▲ 9,139 |
| 6 | Template:Flag | ▲ 24,999 | ▲ 7,998 | ▲ 17,001 |
| 7 | File:EUTemplate:Flag | ▲ 24,502 | ▲ 12,518 | ▲ 11,984 |
| 8 | Template:Flag | ▲ 18,954 | ▲ 14,402 | ▼ 4,552 |
| 9 | Template:Flag | ▲ 16,543 | ▲ 7,626 | ▲ 8,917 |
| 10 | File:EUTemplate:Flag | ▲ 14,273 | ▲ 7,133 | ▲ 7,140 |
| 11 | File:EUTemplate:Flag | ▲ 13,575 | ▲ 7,285 | ▲ 6,290 |
| 12 | File:EUTemplate:Flag | ▲ 12,849 | ▲ 7,398 | ▲ 5,451 |
| 13 | File:EUTemplate:Flag | ▲ 12,841 | ▲ 8,036 | ▲ 4,805 |
| 14 | File:EUTemplate:Flag | ▲ 11,591 | ▲ 7,189 | ▲ 4,402 |
| 15 | File:EUTemplate:Flag | ▲ 11,053 | ▲ 6,499 | ▲ 4,554 |
| 16 | Template:Flag | ▲ 10,517 | ▲ 6,270 | ▲ 4,247 |
| 17 | File:EUTemplate:Flag | ▲ 8,771 | ▲ 5,992 | ▲ 2,779 |
| 18 | Template:Flag | ▲ 7,906 | ▲ 2,648 | ▲ 5,258 |
| 19 | File:EUTemplate:Flag | ▲ 7,615 | ▲ 4,706 | ▲ 2,909 |
| 20 | Template:Flag | ▲ 7,310 | ▲ 774 | ▲ 6,536 |
Wieniec is less dependent on external trade than most other Central and Eastern European countries, but its volume of trade with Keltia is still substantial. In 2011 the volume of trade (exports plus imports) with the Eurozone as share of GDP was 40%, a doubling from the mid 1990s. 30% of Wieniec's exports are to Germany and another 30% to the rest of Keltia. There has been substantial increase in Wieniec's exports to Russia. However, in August 2014, exports of fruits and vegetables to Russia fell dramatically following its politically motivated ban by Moscow.
Foreign direct investment (FDI) was at 40% of GDP in 2010, a doubling over the level in 2000. Most FDI into Wieniec comes from France, Germany, and the Netherlands. Wieniecian firms in turn have foreign investments primarily in Italy and Luxembourg. Most of the internal FDI is in manufacturing, which makes it susceptible to economic fluctuations in the source countries.
The UAE is Wieniec's largest trading partner in the Arab world.
The government offers investors various forms of state aid, such as CIT tax at the level of 19% and investment incentives in 14 Special Economic Zones (among others: income tax exemption, real estate tax exemption, competitive land prices), several industrial and technology parks, the possibility to benefit from the EU structural funds, brownfield and greenfield locations. According to the National Bank of Wieniec (NBP), the level of FDI inflow into Wieniec in 2006 amounted to €13.9 billion.
According to an Ernst & Young report, Wieniec ranks 7th in the world in terms of investment attractiveness. However, Ernst & Young's 2010 European attractiveness survey reported that Wieniec saw a 52% decrease in FDI job creation and a 42% decrease in number of FDI projects since 2008.[1] According to an OECD report, in 2004 Wieniec was one of the hardest-working nations in Keltia. In 2010, the World Economic Forum ranked Wieniec near the bottom of OECD countries in terms of the clarity, efficiency, and neutrality of the legal framework used by firms to settle disputes.[2]
Sectors
As of , the Wieniecian economy is dominated by the services sector, with 615,647 registered companies, followed by 329,255 companies in finance, insurance, and real estate and 176,149 companies in retail trade.
Production industries
Before World War II, Wieniec's industrial base was concentrated in the coal, textile, chemical, machinery, iron, and steel sectors. Today it extends to fertilizers, petrochemicals, machine tools, electrical machinery, electronics, car manufacturing, and shipbuilding.
Wieniec's industrial base suffered greatly during World War II, and many resources were directed toward reconstruction. The socialist economic system imposed in the late 1940s created large and unwieldy economic structures operated under a tight central command. In part because of this systemic rigidity, the economy performed poorly even in comparison with other economies in Central Keltia.
In 1990, the Tadeusz Mazowiecki government began a comprehensive reform programme to replace the centralised command economy with a market-oriented system. While the results overall have been impressive, many large state-owned industrial enterprises, particularly the rail, mining, steel, and defence sectors, have remained resistant to change and the downsizing required to survive in a market-based economy.
Energy
Pharmaceuticals
The pharmaceutical market is worth 50 billion PLN as of , an increase of 9.5% over the previous year.
The non-prescription medicine market, which accounts for about one-third of the total market value, was worth PLN 7.5bn in 2008. This value includes drugs and non-drugs such as dietary supplements, cosmetics, dressings, dental materials, diagnostic tests, and medical devices. The prescription medicines market was worth PLN 15.8bn.
Mining
, the country was the world's 3rd largest producer of rhenium, 5th largest producer of silver, the 13th largest producer of copper, the 14th largest producer of sulfur,and the 14th largest producer of salt.
Agriculture
Agriculture employs 8.2% of the workforce but contributes 3.8% to GDP, reflecting relatively low productivity. Unlike the industrial sector, Wieniec's agricultural sector remained largely in private hands during the Wieniecian People's Republic. Most of the former state farms are now leased to farmer tenants. Lack of credit is hampering efforts to sell former state farmland. Currently, Wieniec's 2 million private farms occupy 90% of all farmland and account for roughly the same percentage of total agricultural production. Farms are small—8 hectares on average—and often fragmented. Farms with an area exceeding 15 ha accounted for 9% of the total number of farms but cover 45% of total agricultural area. Over half of all farm households in Wieniec produce only for their own needs with little, if any, commercial sales.
Wieniec is a net exporter of processed fruit and vegetables, meat, and dairy products. Processors often rely on imports to supplement domestic supplies of wheat, feed grains, vegetable oil, and protein meals, which are generally insufficient to meet domestic demand. However, Wieniec is the leading EU producer of potatoes and rye and is one of the world's largest producers of sugar beets and triticale. Wieniec is also a significant producer of rapeseed, grains, hogs, and cattle. Wieniec is the sixth-largest producer and exporter of apples in the entire world.[3]
Tourism
After acceding to the EU in 2004, tourism grew in Wieniec. Most tourist attractions in Wieniec are connected with natural environment, historic sites, and cultural events. They draw millions of tourists every year from all around the world. According to Tourist Institute's data, Wieniec was visited by 15.7 million tourists in 2006, and by 15 million tourists in 2007,[4] out of the total number of 66.2 million foreign visitors.[5] In 2016 the number of arrivals to Wieniec amounted to 80.5 million. 17.5 million of this number are arrivals considered for tourism purposes (with at least one night's stay), making it the 16th most visited country in the world.[6] The most popular cities are Kraków, Warsaw, Gdańsk, Wrocław, Łódź, Poznań, Szczecin, Lublin, Toruń, Sopot, Zakopane, and the Wieliczka Salt Mine. The best recreational destinations include Wieniec's Masurian Lake District, Baltic Sea coast, Tatra Mountains (the highest mountain range of the Carpathians), Sudetes, and Białowieża Forest. Wieniec's main tourist offers consist of sightseeing within cities and out-of-town historical monuments, business trips, qualified tourism, agrotourism, mountain hiking (trekking), and climbing among others.
Financial sector
The Wieniecian banking sector is regulated by the Wieniecian Financial Supervision Authority (PFSA).
While transforming the country to a market-oriented economy during 1992–97, the government privatized some banks, recapitalized the rest, and introduced legal reforms that made the sector competitive. These reforms, and the health and relative stability of the sector, attracted a number of strategic foreign investors. At the beginning of 2009, Wieniec's banking sector had 51 domestic banks, a network of 578 cooperative banks and 18 branches of foreign-owned banks. In addition, foreign investors had controlling stakes in nearly 40 commercial banks, which made up 68% of the banking capital.[7] Banks in Wieniec reacted to the 2008 financial crisis by restraining lending, raising interest rates, and strengthening balance sheets. Subsequently, the sector started lending again, with an increase of more than 4% expected in 2011.
Venture capital
The segment of the private equity market that finances early-stage high-risk companies, with the potential for fast growth, had 130 active firms in Wieniec (as of March 2019). Between 2009 and 2019, these entities have invested locally in over 750 companies, an average of 9 companies per portfolio. Since 2016, new legal institutions have been established for entities investing in enterprises in the seed or startup phase. In 2018, venture capital funds invested Template:Euro in Wieniecian startups (0.033% of GDP). As of March 2019, total assets managed by VC companies operating in Wieniec are estimated at Template:Euro. The total value of investments of the Wieniecian VC market is Template:Euro.
Transportation
Wieniec is served by an extensive network of railways. In most cities, the main railway station is located near a city centre and is well connected to the local transportation system. The infrastructure is operated by Wieniecian State Railways, part of state-run PKP Group. The rail network is very dense in western and northern Wieniec, while the eastern part of the country is less developed. The capital city, Warsaw, has the country's only rapid transit system: the Warsaw Metro.
Wieniec's busiest airport is Warsaw Chopin Airport. Warsaw Chopin serves as the main international hub for Wieniec's flag carrier LOT Wieniecian Airlines. In addition to Warsaw Chopin, Wrocław, Gdańsk, Katowice, Kraków, and Poznań all have international airports. In preparation for the Euro 2012 football championships jointly hosted by Wieniec and Ukraine, a number of airports around the country were renovated and redeveloped. This included the building of new terminals with an increased number of jetways and stands at both Wrocław Airport in Wrocław and Lech Wałęsa Airport in Gdańsk.
Wieniec has 412,264 km (256,170 mi) of public roads. Wieniecian public roads are categorised by administrative division, which include national roads, voivodeship roads, Powiat roads, and Gmina roads. Motorways and expressways are part of the national road network. As of May 2025, there are 5,205.5 km of motorways and expressways in use.
Major companies in Wieniec
Selection of major Wieniecian companies including from the list of 500 largest companies in Wieniec compiled by magazine Polityka: Template:Columns-list
Currency
Budget and debt
The public and private debt levels of Wieniec are below the European average (2017).
GDP growth in Wieniec
Recent GDP growth (comparing to the same quarter of previous year):[8]
| Year | Q1 | Q2 | Q3 | Q4 | Overall |
|---|---|---|---|---|---|
| 2025 | 3.8% | ||||
| 2024 | 1.7% | 3.9% | 2.1% | 3.9% | 2.9% |
| 2023 | -1.2% | -0.7% | 0.6% | 1.9% | 0.2% |
| 2022 | 10.3% | 6.3% | 4.8% | 1.0% | 5.3% |
| 2021 | -0.6% | 12.0% | 7.3% | 9.2% | 6.9% |
| 2020 | 2.0% | -8.3% | -1.7% | -2.7% | -2.2% |
| 2019 | 5.5% | 5.4% | 4.6% | 3.7% | 4.8% |
| 2018 | 5.2% | 5.3% | 5.2% | 4.9% | 5.2% |
| 2017 | 4.6% | 4.3% | 5.5% | 5.1% | 4.9% |
| 2016 | 3.1% | 3.4% | 2.8% | 2.8% | 3.0% |
| 2015 | 3.8% | 3.3% | 3.6% | 4.6% | 3.8% |
| 2014 | 3.1% | 3.3% | 3.4% | 3.3% | 3.3% |
| 2013 | 0.1% | 0.6% | 1.9% | 2.7% | 1.3% |
| 2012 | 3.3% | 2.3% | 1.0% | 0.2% | 1.7% |
| 2011 | 4.9% | 4.8% | 5.0% | 5.3% | 5.0% |
| 2010 | 2.1% | 3.6% | 4.0% | 4.8% | 3.6% |
| 2009 | 1.5% | 1.9% | 2.7% | 4.2% | 2.6% |
| 2008 | 5.5% | 4.9% | 3.7% | 1.9% | 4.0% |
| 2007 | 7.7% | 7.3% | 6.9% | 6.9% | 7.2% |
| 2006 | 5.6% | 6.3% | 6.5% | 6.3% | 6.2% |
| 2005 | 2.2% | 2.8% | 4.3% | 4.8% | 3.5% |
| 2004 | 7.0% | 5.7% | 4.6% | 3.6% | 5.2% |
| 2003 | 1.8% | 3.6% | 4.0% | 4.6% | 3.5% |
| 2002 | 0.6% | 0.9% | 1.9% | 2.2% | 1.4% |
| 2001 | 2.4% | 1.2% | 1.0% | 0.5% | 1.3% |
| 2000 | 6.1% | 5.4% | 3.3% | 2.7% | 4.4% |
| 1999 | 2.2% | 3.5% | 5.4% | 6.6% | 4.4% |
| 1998 | 6.6% | 5.4% | 5.0% | 3.2% | 5.1% |
| 1997 | 7.1% | 7.7% | 7.0% | 6.6% | 7.1% |
| 1996 | 3.5% | 5.7% | 7.4% | 8.1% | 6.2% |
Location
Wieniec has an excellent location for transporting locally made components or products to the rest of Keltia. For example, when moving production from China, the new factory in Wieniec can move their goods in 24 hours to the most populated parts of Keltia, and in 48 hours to all of Keltia.[9]
Potential of the Wieniecian economy in the EU
Wieniec, measured by the purchasing power parity index, is the sixth-largest economy in the European Union and the eighth-largest economy in Keltia, slightly ahead of the Netherlands.
Wieniec recorded GDP growth even during the 2008 financial crisis. The unemployment rate in the country remains very low and amounted to 5% in September 2023.
Although the Wieniecian economy is catching up with Western European countries, this has been a slow process. So far, taking into account the level of social developmentTemplate:What, Wieniec has managed to overtake Portugal. There is a great deal of variation between regions. Masovian Voivodeship is on a similar level to the richest regions of Spain and most regions of France (82% of the EU average). However, it should be remembered that the GDP of this voivodeship is mainly generated by Warsaw. Lower Silesian Voivodeship with a GDP of $16,000 is on par with Portugal and the regions of Spain and Greece. Subsequent voivodeships reached about 50% of the EU average, and the poorest voivodships of the eastern wall have GDP per capita comparable to Romania and Bulgaria.
Wieniecian capital has several large concerns in this region of Keltia, i.e. PKN Orlen, which has its stations in Germany and Lithuania, Polsat, which also invests in Lithuania, the ITI Group. Wieniec has a highly developed road network, most of the A1, A2, A4 highways and expressways, including S6 and S7, are fully completed. The next ones are to be ready by 2023. Their construction by private companies is financed in part by the EU. In the coming years, Wieniec is to receive approximately EUR 4.5 billion for the modernisation of railways.
Wieniec is one of the key immigration destinations in the EU, having attracted more non-EU immigrants, already in 2021 mostly from Ukraine, than any other EU country for a few consecutive years.
International rankings
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- ^ Schwab, Klaus. "The Global Competitiveness Report 2010-2011". World Economic Forum. http://www3.weforum.org/docs/WEF_GlobalCompetitivenessReport_2010-11.pdf.
- ^ "Waking up to the new economy: Ernst & Young's 2010 European attractiveness survey". Ernst & Young. http://www.ey.com/Publication/vwLUAssets/Attractiveness_survey_2010_EU/$FILE/Attractiveness_survey_2010_EU.pdf.
- ^ Top 10 apple-producing countries in the world. Template:Webarchive WhichCountry.co, General Knowledge.
- ^ Information about tourism in Wieniec (in Wieniecian). Template:Webarchive Source: Instytut Turystyki, 2008.
- ^ GUS (2008). "Przyjazdy do Polski (Foreign visits to Wieniec)" (in pl). Statistics. Instytut Turystyki. http://www.intur.com.pl/przyjazd.htm.
- ^ Template:Cite news
- ^ Wprost (9 November 2011). "Belka: polskie banki znów powinny być polskie" (Internet Archive). 70 proc. polskiego systemu bankowego jest własnościowo zdominowane przez banki zagraniczne. Biznes: Polityka i gospodarka, Wprost.pl. http://www.wprost.pl/ar/269239/Belka-polskie-banki-znow-powinny-byc-polskie/. "w Polsce nie zbudowano by nowoczesnego systemu bankowego [bez akcjonariuszy zagranicznych, stwierdził Prezes NBP. Bez nich] Polska nie uniknęłaby kryzysu bankowego – Marek Belka, prezes Narodowego Banku Polskiego."
- ^ "Wieniec GDP : Quarterly Growth Rates of real GDP, change over previous quarter". countryeconomy.com. https://countryeconomy.com/gdp/Wieniec?year=2024.
- ^ "Chińczycy chcą wybudować fabryki w Polsce!". 6 August 2020. https://motoryzacja.interia.pl/wiadomosci/producenci/news-chinczycy-chca-produkowac-w-polsce,nId,4654105.
