Washington, DC: World Bank. OECD. This follows a 5.9 percent GDP recovery in 2021 from the COVID-related 2020 recession. Polands well-diversified economy has proven to be one of the most resilient economies in the EU, recovering strongly in 2021 after a relatively small contraction in GDP of 2.2 percent in 2020. Unemployment, total (% of total labor force) (modeled ILO estimate) of Poland fell gradually from 18.37 % in 2001 to 3.55 % in 2020. During the 18th century, internal disorders weakened the nation, and in a series of agreements between 1772 and 1795, Russia, Prussia, and Austria . To learn more about cookies, click here. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Institutional strengthening is needed for sustained and inclusive growth. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. I try to save a little bit every month to have something to live on. Since joining the EU in 2004, the countrys ambitions have been marked by the desire to rapidly catch up with the core of the EU in terms of economic growth and living standards. As of 1 May 2004 it is a member State of the European Union ( more info ). Unemployment, male (% of male labor force) (national estimate) - Poland International Labour Organization, ILOSTAT database. World Bank. The World Bank January 1992 WPS 821 Wages and Unemploymeint in Poland Recent Developments and Policy Issues Fabrizio Coricelli and Ana Revenga Unemployment has increased dramatically with stabilization, mainly because of a generalized co;ttraction in output, rather than a sectoral restructuring or a massive shedding of labor. Dataset: World Development Indicators (WDI) Country: Poland: Country - Id: POL: Global data and statistics, research and publications, and topics in poverty and development, *Amounts include IBRD and IDA commitments, World Bank Support for Country Access to COVID-19 Vaccines, Environmental and Social Policies for Projects, Country Partnership Framework for Poland: 2019-2024, Toward an Innovative Poland: The Entrepreneurial Discovery Process, Reimbursable Advisory Services and Trust Funds. Poland unemployment rate for 2021 was 3.37%, a 0.21% increase from 2020. If, by any miracle, I had more money, I would save it for my daughter. Will you take two minutes to complete a brief survey that will help us to improve our website? It was also supported by pent-up demand and demand from the nearly 1.4 million displaced Ukrainians in Poland. 3 In the Labor Force Survey the discouraged workers are defined as those who are willing to work but are not actively seeking employment. Polands economic growth is expected to slow down in 2023 as Russian invasion of Ukraine impedes post-pandemic recovery in Europe. World Development Indicators (WDI) Poland. colors, denominations and any other information shown on this map do not imply, on the part of The World Bank Group, any judgment on the legal status of any territory, or any endorsement or acceptance of such boundaries. Yet, many people are still permanently excluded from the job market and a large group remains long-term unemployed. Your feedback is very helpful to us as we work to improve the site functionality on worldbank.org. Get in touch with us now. Many who dont, move to other countries in search of employment and a better life. For now I walk everywhere. Young Poles also face high unemployment and, when they do manage to find jobs they are often hired under temporary contract, some of which (known as junk contracts, umowy mieciowe) pay little and offer no stability or social security. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. Poland unemployment rate for 2019 was 3.28%, a 0.57% decline from 2018. To learn more about cookies, click here. Real Increased spending and tax expenditure efficiency is needed to rebuild fiscal buffers, accommodate higher spending on health, defense, the green transition, and to prepare for the growing fiscal burden arising from aging. Global data and statistics, research and publications, and topics in poverty and development. While all of them said high heating bills were the biggest problem, they also said that their lives would be much easier if they could find good jobs with steady, even if meager, income. Thank you for participating in this survey! Unemployment, female (% of female labor force) (modeled ILO estimate), Unemployment, female (% of female labor force) (national estimate), Unemployment, male (% of male labor force) (modeled ILO estimate), Unemployment, total (% of total labor force) (national estimate), Unemployment, male (% of male labor force) (national estimate), Unemployment with advanced education (% of total labor force with advanced education), Unemployment with basic education, female (% of female labor force with basic education), Share of youth not in education, employment or training, female (% of female youth population), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. This site uses cookies to optimize functionality and give you the best possible experience. The number of registered unemployed people steadied at 810.2 thousand. Data published Monthly by Central Statistical Office. By the mid-16th century, the Polish-Lithuanian Commonwealth ruled a vast tract of land in Central and Eastern Europe. Almost two million Poles reside abroad for more than three months each year, with about two-thirds living outside the country for more than a year, according to the Poland Statistical Office. Unemployment at below 4% is the second-lowest rate in the 28-member European Union (EU). As many as 27 percent of those employed are on temporary contracts. Poland 2021 3.5% . The World Bank Group helps Poland strengthen its institutions so they can better respond to key challenges, including achieving ambitious climate and environmental commitments and generating sustainable economic development. Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Poland's unemployment rate stabilized at 4.9% in July of 2022, the same as in the previous month, and remained the lowest rate since September 1990. Unemployment (%) Please see details tab for indicator definitions, original source, and methodology . High unemployment rates and lack of opportunities lead to poverty and tough living conditions for many in Poland. Organisation for Economic Co-operation and Development, Paris. Data retrieved on February 8, 2022. Poland Overview Overview Context Strategy Economy COUNTRY CONTEXT Poland - Unemployment rate was 3.20% in September of 2021, according to the EUROSTAT. The World Bank Groups financing to Poland remains highly selective and in support of delivering global and/or regional public goods. Poland - Unemployment with basic education (% of total unemployment) - actual values, historical data, forecasts and projections were sourced from the <a href . Unemployment doubled in the past five years to 14 percent. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. WARSAW, 10 April 2022 - The World Bank has lowered its gross domestic product (GDP) annual growth forecast for Poland to 3.9 percent in 2022, as the Russian invasion of Ukraine is hitting hard the economies of Europe and Central Asia, says the World Bank's latest Regional Economic Update. Had work, but did not perform due to . She will certainly need it when she goes to school.. Unemployment Rate for Poland from Central Statistical Office of Poland (GUS) for the Statistical Bulletin Releases - Monthly release. On a daily basis, these costs add up, and $2.50 per person is often not enough. Poland is the largest economy in Central Europe. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. The World Bank's productivity research provides insights for effective . Poland's long-term growth and pace of catch-up with advanced economies will increasingly depend on productivity advances. Economic and social institutions to manage key transitionsdemographic, green, and digitalneed to be developed further on the national and subnational level to achieve a sustainable graduation from IBRD. Paths and Drivers of Productivity Growth in Poland. Hikes in energy and agricultural commodities, as well as continued disruptions in supply chains, fueled inflation. Lessons from Poland, Insights for Poland: A Sustainable and Inclusive Transition to High Income Status. The 12 largest metropolitan areas were estimated to have experienced a huge influx of Ukrainians in the months after the Russian invasion of Ukraine, stretching the capacity of local housing services, and placing significant pressure on public services like health, education, water/wastewater and transport. While measures under the Anti-inflation Shield, 14th month pension, and energy subsidies will soften household impacts, the share of the population at risk of relative poverty is expected to remain elevated at 1-2 percentage points above 2021 levels. International Labour Organization, ILOSTAT database. 2017. Still, he considers himself lucky to have one. What is Unemployment Rate in Poland? Economic growth remained strong in the first half of 2022, well above potential GDP growth, expanding nearly 7 percent year-on-year. Percent. In the medium term, two key challenges to sustained growth are the tightening of labor supply . Data as of June 2022. I try to save every nickel, take extra jobs, so somehow I manage to make ends meet, Ryszard says. The World Bank will continue to work together with the government, the EU, UN agencies and other partners on the implementation of flagship initiatives where progress can advance the development agenda on global public goods, such as economic integration of forcibly displaced populations, decarbonization, just transition (out of coal), comprehensive water management, clean air and sustainable cities. To learn more about cookies, click here. poland MEMBER INFORMATION Poland and the WTO This page gathers key information on Poland's participation in the WTO. Still, figures came slightly above market expectations of 4.8%. Statistics Poland. Supply-side disruptions, high input costs, and uncertainty related to the war in Ukraine will affect private investments. Archive Registered unemployment 2 quarter 2022 4 Table: Unemployment rate 1990-2022: 23.09.2022 5 Table: Number of registered unemployed in 1990-2022 . This site uses cookies to optimize functionality and give you the best possible experience. In order to boost growth and reverse trends that are slowing down productivity and to further reduce inequality of opportunity in the future, Poland will need to navigate three imminent transitions that require it to simultaneously shift towards a green economy, adopt digital technologies, and adjust to the needs of an aging population. Poland from The World Bank: Data. with the exception of interests from financial means gathered on bank accounts; (7) . Office Hours: 8:15 - 16:15 . With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. The World Bank Group helps Poland strengthen its institutions so they can better respond to key challenges, including achieving ambitious climate and environmental commitments and generating sustainable economic development. Data. Unemployment, total (% of total labor force) (modeled ILO estimate) Most recent value (2021) 3.4 (2021) Trend. Unemployment Rate: Aged 15-64: All Persons for Poland. The World Bank Group works in every major area of development. High inflation triggered a faster than expected monetary policy tightening. This site uses cookies to optimize functionality and give you the best possible experience. Our latest EU Regular Economic Report reviews how some EU member states like Poland can boost growth with reforms and investments. You have clicked on a link to a page that is not part of the beta version of the new worldbank.org. Strona 245 OVFMP RAPORT ZA ROK 2020 RAPOTRT ZA IV KWARTAt 2020 R. Govermosent of Poland ODRA-VISTULA FLOOD MANAGEMENT FROJECT World Bank lAnn No. Private consumption benefitted from the tight labor market with continued employment growth, record low unemployment, increased labor force participation and strong wage growth. . Robust domestic demand growth fueled import growth while supply side disruptions and lower external demand from Russia, Ukraine, and Belarus weighed on export growth, jointly contributing to a negative contribution from net exports. such as heavy industry or mining (World Bank 2002). Ryszard, like many other young Poles, is struggling to survive on a less-than-ideal job that does not pay much. National Bank of Poland, Warsaw. International Labour Organization, ILOSTAT database. This site uses cookies to optimize functionality and give you the best possible experience. 2019. Some 26 percent of Polish households say their regular income is insufficient to meet their needs, while nearly 63 percent of households do not have any savings, according to research from the Polish Statistical Association. Indicators of Product Market Regulation. World Bank Lending to Poland Total IBRD / IDA Commitments from FY91 to FY03 : US$ 4,604 million (by fiscal year *,in nearest US$ millions) Total Commitments by Sector since 1991 (in nearest US$ millions) *Fiscal year from July 1-June 30. For more information please contact: In Warsaw: Jacek Wojciechowicz, phone: + (48 - 22) 520 80 00 Resident Representative for Poland and the Baltic States. Poland - Unemployment with advanced education (% of total unemployment) - actual values, historical data, forecasts and projections were sourced from the <a . With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. After separating from the World Bank and other International Financial Institutions for decades due to pressure from the Soviet Union, Poland rejoined the World Bank on June 27, 1986.The World Bank was instrumental in financing and providing technical assistance for Poland as it transitioned from a Command Economy into a Market-Oriented Economy.As a middle income country, Poland has worked . Local Data Bank Macroeconomic Data Bank SDG Knowledge Databases STRATEG Geostatistics portal . Unemployment with basic education (% of total labor force with basic education) in Poland was reported at 8.51 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Poland has made strides in strengthening its overall economic governance systems over the last three decades with key economic institutions, for instance, being able to put together a robust package of fiscal and monetary actions in 2020 that limited the GDP contraction caused by the COVID-19 pandemic. Poland's unemployment rate is projected to reach three percent in 2022, rising to 3.5 percent in 2024. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Unemployment, total (% of total labor force) (modeled ILO estimate) - San Marino from The World Bank: Data Unemployment, male (% of male labor force) (national estimate) of Poland fell gradually from 16.95 % in 2001 to 3.06 % in 2020. High unemployment rates and lack of opportunities lead to difficult living conditions and poverty, with some opting to look for jobs outside the country. World Bank. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. Unemployment Rate in Poland decreased to 4.8 % in August 2022. The World Bank Group works in every major area of development. . In 2021, the unemployment rate in Poland amounted to about 3.37 percent. Ryszard has a job. In January 2017, it was slightly above 5%, which was lower than the EU average or the Eurozone average. Inflation has continued to accelerate markedly since mid-2021, reaching more than 16 percent in August, sharply higher than the targeted range. 8524 - POL Designated Account (SA) Statement Kept by MOF DeposituryBank_ GOWD/NBP Oddzial OlaVgowy Warszawa Regional Branch in Warsaw Account Number as at December 31 at, 2020 M EUR F.,th.Q-W From the . World Bank. Poland is the largest economy in Central Europe. The benefit collection period shall be: 180 days if you reside in a poviat where the unemployment rate on 30 June in the year preceding the day when you acquired the right to the benefit did not exceed 150% of the average unemployment rate in Poland; 365 days if: you reside in a poviat where the unemployment rate on 30 June in the year . Soon, Tarnobrzeg was in trouble. The statistic shows the unemployment rate in Poland from 1999 to 2021. Today, the spillover effects from the war in Ukraine require agile economic planning and management to mitigate the impacts from the crisis on growth and public finances, while supporting the vulnerable, including Ukrainian refugees. Historically, Poland - Unemployment rate reached a record high of 10.80% in June of 2013 and a record low of 3.00% in March of 2020. Publicly financed instruments can play an important role in maintaining strong economic growth. The most significant number of unemployed people was in the Kujawsko-pomorskie and Dolnoslaskie provinces.. This page provides forecast and historical data, charts, statistics, news and updates for Poland Unemployment Rate. Unemployment, total (% of total labor force) (modeled ILO estimate) in Poland was reported at 3.368 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Poland can sustain growth and converge to the living standards of eurozone countries by 2038 if it implements ambitious reforms. World Bank. The maximum rate was 20.7 % and minimum was 0.3 %. Data as of June 2022. Unemployment, male (% of male labor force) (national estimate) Unemployment with advanced education (% of total labor force with advanced education) Unemployment with basic education, female (% of female labor force with basic education) Share of youth not in education, employment or training, female (% of female youth population) Download The Central Statistical Office of Poland (GUS) defines "Employed persons" as individuals aged 15 or more, who during the labor force survey refence week either: Performed at least one hour of income generating work as employeed workers, or assisted, without pay, on family economic activity or agriculture. We face big challenges to help the worlds poorest people and ensure that everyone sees benefits from economic growth. We face big challenges to help the worlds poorest people and ensure that everyone sees benefits from economic growth. Poland's central bank warns that the number of Ukrainian workers in Poland could fall by 20 to 25 percent by 2024. Economy of Poland Poland holds the sixth. As a result they might face higher risk of poverty, particularly if there are women, young or with low skills. Poland's history as a state began near the middle of the 10th century. But of the 1,500 Polish zloty ($500) he earns every month, Ryszard spends nearly everything on heating and food bills and basic needs, apart from child support for his daughter. Aleja Niepodlegoci 208 00-925 Warsaw. The financial crisis of 2008 resulted in an economic slowdown in Poland, as it did in many other European countries. Dataset: World Development Indicators (WDI) Country: Poland: Country - Id: POL: Global data and statistics, research and publications, and topics in poverty and development, World Bank Support for Country Access to COVID-19 Vaccines, Environmental and Social Policies for Projects, Europe and Central Asia Economic Update Fall 2022: Social Protection for Recovery, Polands Growth Potential Could Reach 4% with Reforms and Investments, Paths of Productivity Growth in Poland: A Firm-Level Perspective, Primary Health Care Development in Poland: PHC Plus Evaluation, Poland Catching-Up Regions: Towards Robust, Scalable and Inclusive Clean Air Program for All, Toward an Innovative Poland: The Entrepreneurial Discovery Process, Country Partnership Framework for Poland: 2019-2024. Poland unemployment rate for 2020 was 3.16%, a 0.12% decline from 2019. The World Bank Group helps Poland strengthen its institutions so they can better respond to key challenges, including achieving ambitious climate and environmental commitments and generating sustainable economic development. The good news is that Tarnobrzeg is not a big place you can walk around town in half an hour, Ryszard said. Household consumption expanded by 6.4 percent year-on-on-year in the first half of 2022, investment rose 6.2 percent, and there was a significant contribution to growth from rebuilding of inventories. An overview of the World Bank's work in Poland October 2018 POLAND 2017 Population, million 38.0 GDP, current US$ billion 524.7 GDP per capita, current US$ 13,817 Life Expectancy at birth, years (2015) 77.5 . Currently, the unemployment rate in Poland is at a record low. To make up for the labour shortfall, Polish businesses have started to cast . Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. Poland unemployment rate, percentage of total Polish labor force. This means families have to pay a lot more to stay warm and eat enough to survive such unrelenting conditions, compared to other, warmer parts of the world. As a region, Europe and Central Asia faces a unique problem in the form of long, harsh winters. Source: World Bank > Poland > Poland Unemployment Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice, and may be delayed. Explore raw data about the World Bank's finances - slice and dice datasets; visualize data; share it with other site users or through social networks; or . 2021. Although the countrys economy grew in real terms by 81 percent between 1990 and 2010, gaps between the poorest and wealthiest regions continue to widen. This page in: English; Espaol; . Thank you for agreeing to provide feedback on the new version of worldbank.org; your response will help us to improve our website. Unemployment, male (% of male labor force) (modeled ILO estimate), Unemployment, female (% of female labor force) (modeled ILO estimate), Unemployment, female (% of female labor force) (national estimate), Unemployment, total (% of total labor force) (modeled ILO estimate), Unemployment, total (% of total labor force) (national estimate), Unemployment with advanced education (% of total labor force with advanced education), Unemployment with basic education, female (% of female labor force with basic education), Share of youth not in education, employment or training, female (% of female youth population), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. We face big challenges to help the worlds poorest people and ensure that everyone sees benefits from economic growth. Poland At-A-Glance. These shifts will require strong political ownership, institutional coordination, and administrative capacity to direct the enabling reforms at the national and subnational level, including through establishing appropriate financing structures to support the needed investments. The National Recovery and Resilience Plan is expected to support public investment, but any delays in disbursements represent a downside risk. World Development Indicators (WDI) Poland. In 2009, the mine was shut down and flooded to create an artificial lake in the hopes of spurring tourism. Poverty remains a real issue, especially for families with many children, youth, seniors, and low-income rural households. Unemployment with advanced education (% of total labor force with advanced education) in Poland was reported at 1.77 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Higher energy and food prices will weigh on household demand and will affect heavily poorer segments, who devote 50 percent of their monthly spending on food and energy. Before you leave, wed love to get your feedback on your experience while you were here. In the medium term, two key challenges to sustained growth are the tightening of labor supplymade more acute by the aging population, and achieving decarbonization commitments. High unemployment rates and lack of opportunities lead to poverty and tough living conditions for many in Poland. The Odra-Vistula Flood Management Project aims to increase access to flood protection for people living in selected areas of the Odra River and the Upper Vistula River basins. Since joining the EU in 2004, the country's ambitions have been marked by the desire to rapidly catch up with the core of the EU in terms of economic growth and living standards. The World Bank STORY HIGHLIGHTS Unemployment in Poland is about 14 percent; nearly 25 percent among young workers. To learn more about cookies, click here. Compared to July last year, the jobless rate was higher at 5.8%. The World Bank January 1992 WPS 821 Wages and Unemploymeint in Poland Recent Developments and Policy Issues Fabrizio Coricelli and Ana Revenga Unemployment has increased dramatically with stabilization, mainly because of a generalized co;ttraction in output, rather than a sectoral restructuring or a massive shedding of labor. 4 For example, in Poland the augmented unemployment rate at 29 percent in 2002 was 9 percentage points higher than the standard unemployment rate. If you continue to navigate this website beyond this page, cookies will be placed on your browser.
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