CIA World Factbook. Country comparison Poland vs Australia 2020. Since 1990, Poland has pursued a policy of economic liberalization and its economy was the only one in the EU to avoid a recession through the 2007–08 economic downturn. If income were distributed with perfect equality, the Lorenz curve would coincide with the 45 degree line and the index would be zero; if income were distributed with perfect inequality, the Lorenz curve would coincide with the horizontal axis and the right vertical axis and the index would be 100. With its 22,507,617 people, Australia is the Poland has a total of 440 km of coastline. This rate is often used as an indicator of the level of health in a country. This content is not available in your region, How Poland’s 'golden age' of economic growth is going unreported ǀ View, Find out why Poland's pig farmers are concerned about their livelihoods, Time is fast running out for judicial independence in PiS-ruled Poland ǀ View, How a hashtag looks set to offer LGBTI people a #MeToo moment in Poland ǀ View. How big is Canada compared to Poland? Additional long-term challenges include diversifying Poland’s energy mix, strengthening investments in innovation, research, and development, as well as stemming the outflow of educated young Poles to other EU member states, especially in light of a coming demographic contraction due to emigration, persistently low fertility rates, and the aging of the Solidarity-era baby boom generation. Ireland has, more or less, stopped using GDP to measure its own economy. Free elections in 1989 and 1990 won Solidarity control of the parliament and the presidency, bringing the communist era to a close. Poland and Canada living comparison. Eglé Fredriksson is Portfolio Advisor at East Capital, advising on the Baltic Strategy and Eastern Europe mandates. The strength and resilience of the Polish economy can be attributed to its large domestic market, early and deep economic reforms and prudent policies, with consistent EU strategy being the top priority, serving as an important discipline for political and economic integration. CIA World Factbook. By extending the Family 500+ programme, a family with two children and average net salaries of £864 per earner will see their incomes rise an additional 7% per month. Organisation for Economic Co-operation and Development, 144 in every 100,000 people are currently imprisoned in Australia compared to 203 in Poland, This entry contains the number of people in penal institutions, including pre-trial detainees. This entry contains the per capita public and private health expenditure at purchase power parity using US Dollars. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. However, it is important to note that despite its proximity, Poland is less susceptible to a German slow-down than its Central and Eastern European (CEE) peers. Explore similarities and differences. It's a free, question-and-answer based forum to discuss GDP in Australia averaged 451.08 USD Billion from 1960 until 2019, reaching an all time high of 1576.20 USD Billion in 2013 and a record low of 18.60 USD Billion in 1960. ... Hungary: Annual GDP at market prices. Source: Nominal GDP vs. PPP GDP This entry gives the number of deaths of infants under one year old in a given year per 1,000 live births in the same year; included is the total death rate, and deaths by sex, male and female. Canada faces the political challenges of meeting public demands for quality improvements in health care, education, social services, and economic competitiveness, as well as responding to the particular concerns of predominantly francophone Quebec. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. Russia is one of the world's leading producers of oil and natural gas, and is also a top exporter of metals such as steel and primary aluminum. In Australia it is 30.30 while in Poland it is 34.10. The timing might be right for investors to finally capitalise on what the World Bank, in atypically ornate rhetoric, has termed the Polish “golden age” of growth. The adult prevalence rate is calculated by dividing the estimated number of adults living with HIV/AIDS at yearend by the total adult population at yearend. 200 people in Poland and 100 people in Australia die from AIDS each year. Large inflows of immigrants from Ukraine and Commonwealth of Independent States (CIS) countries have supported the labour market, exports’ competitiveness, the real estate market and domestic consumption. We see the asset-light e-commerce platforms of the largest internet company in the country, Wirtualna Polska, growing by over 20% in 2018. A land of vast distances and rich natural resources, Canada became a self-governing dominion in 1867 while retaining ties to the British crown. Source: The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. People held in a form of custody not under the authority of a prison administration are not included in this figure. One of the most important features of the Polish economy is its large domestic consumer market, comprising 61% of GDP, exceeding the EU average and, in this respect, being more reminiscent of the US. In Canada, that number is 202,080 km. Source: Since 1990, Poland has pursued a policy of economic liberalization. Canada spends 5.3% of total GDP on education as of 2011. According to estimates from the National Bank of Poland, Ukrainian immigrants have a positive impact of 0.3-0.9% on GDP per year. CIA World Factbook, The GDP per capita in Australia is $43,000 while in Poland it is $21,100, This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Russia’s debt is currently at a total of over 14 billion руб ($216 billion USD). In Canada, there are 10.2 babies per 1,000 people as of 2020. Together with a solid Earnings Per Share (EPS) growth of 8.7% forecasted between 2018 and 2021, and a potential for improving dividend yield from the current 2.5% to above 4%, the Polish market offers an attractive proposition to investors. The percentage of adults living with HIV/AIDS in Australia is 0.10% while in Poland it is 0.10%. The more nearly equal a country's income distribution, the closer its Lorenz curve to the 45 degree line and the lower its Gini index, e.g., a Scandinavian country with an index of 25. International Centre for Prison Studies, 1.10 in every 100,000 people are murdered annually in Australia compared to 0.80 in Poland, This entry contains the number of victims of an unlawful death purposefully inflicted on a person by another person. In 2018, the growth rate for the world GDP was 3.6%. Source: The entry includes total population as well as the male and female components. population. The GINI index measures the degree of inequality in the distribution of family income. James COOK took possession of the east coast in the name of Great Britain (all of Australia was claimed as British territory in 1829 with the creation of the colony of Western Australia). This entry gives the number of deaths of infants under one year old in a given year per 1,000 live births in the same year; included is the total death rate, and deaths by sex, male and female. The percentage of adults living with HIV/AIDS in Poland is 0.10% while in Australia it is 0.10%. In Poland it is 34.10 while in Australia it is 30.30. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution. The index is the ratio of (a) the area between a country's Lorenz curve and the 45 degree helping line to (b) the entire triangular area under the 45 degree line. It is the 6th largest country in the The entry includes total population as well as the male and female components. Economically and technologically, the nation has developed in parallel with the US, its neighbor to the south across the world's longest unfortified border. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. CIA World Factbook. Prehistoric settlers arrived on the continent from Southeast Asia at least 40,000 years before the first Europeans began exploration in the 17th century. Data is originally sourced from either criminal justice or public health systems. A "shock therapy" program during the early 1990s enabled the country to transform its economy into one of the most robust in Central Europe. Per capita public and private health expenditures combined in Australia are $6,140.00 USD while Poland spends $854.10 USD, This entry contains the per capita public and private health expenditure at purchase power parity using US Dollars. See an in-depth size comparison. CIA World Factbook, The per capita consumption of electricity in Poland is 4,042kWh while in Australia it is 9,485kWh, This entry consists of total electricity generated annually plus imports and minus exports, expressed in kilowatt-hours. People held in a form of custody not under the authority of a prison administration are not included in this figure. what life is like in countries and cities around the world. CIA World Factbook, Employed persons in Australia work an average of 1675 hours each year while persons in Poland work an average of 1918 hours, This entry contains the total number of hours worked over the year for the average employed person