Page 36 - Turkinsurance Digital Magazine

36 country profile

GDP - composition, by sector of origin The 6th largest economy of the European Union

While the import volume of the country is known as 223.8 billion
2,4%
dollars, export volume has reached 224.6 billion dollars. 37.8 per-
cent of the exported goods are machinery and transportation equip-
ment, 23.7 percent are intermediate goods, 17.1 percent are var-
ious manufactured goods and 7.6 percent are food and livestock.
Export partners of the country are Germany, Czech Republic, UK,
40,2% France, Italy, and the Netherlands. The significant import goods
are machinery and transportation equipment, intermediate goods,
57,4%
chemicals, minerals, fuel oils. Import countries are Germany, Chi-
na, Russia, Netherlands, Italy, France, and the Czech Republic.

Per capita income is 33 thousand 221 dollars

GDP of the country is 1 trillion 261 million 433 billion dollars and
agriculture industry services per capita income is 33 thousand 221 dollars. The estimated foreign
exchange and gold reserve are 113.3 billion dollars in 2017 and
duced from forests is exported, the fishery industry makes a great the external loan reached 241 billion dollars. In Poland which has
contribution to the national economy. There are shipbuilding and the 6th largest economy in European Union, the nation saves on
ship repair facilities in Gdansk.
20 percent of gross domestic product. Significant industries of the
country include machinery production, iron, and steel, coal mining,
The unemployment rate of the country is 5.43 percent chemicals, shipbuilding, food processing, glass, beverages, and tex-
tile. 57.4 percent of the gross domestic product is the service sector,
It is known that, in Poland, the reforms made in health, education, 40.2 percent is the industrial sector, and 2.4 percent is agriculture.
pension system, and the state government has caused a burden on Approximately half of the population is between the ages of 25-54
the state budget more than expected. The labor force of Poland
with a population of 38 million 185 thousand 913 is 9,561 million. 43.33 percent of the population is between the ages of 25-54 in
According to the distribution of the population in the labor force, Poland. The second age segment is 65 and over with a rate of 18.72
11.5% of the working class is engaged in agriculture, 30.4% in in- percent. 14.83 of the population consists of individuals between the
dustry, and 57.6% in the service industry. According to 2019 data, ages of 0-14, 13.32 percent is 55-64 and 9.8 percent is 15-24.
the unemployment rate of the country is 5.43%. The unemployment While the average age of the country is 41.9, the average age of the
rate shows a falling tendency when compared to 2018. men is 40.3 and the average age of the women is 43.6 Birth rate of
the country is 8.69 per 100,000 population. On the other hand, the
death rate is 10.68. More than 60 percent of the total population
Age structure in Poland constitutes the urban population. Life expectancy in the country is
80 years on average. Depending on the data, it can be claimed that
the country has a middle-aged population.

18,72% 14,83% 60 insurance companies operating in Poland
0-14 years
9,80% 15-24 years Speaking of the activities carried out within the insurance sector
of Poland, claims, and benefits paid by Polish insurers reached ap-
13,32% 25-54 years proximately 42 million PLN. At the end of the year, the common as-
55-64 years sets of Poland insurance companies reached 194 billion PLN. There
are exclusive and independent agents ver 30,000 and 240,000 indi-
65 years and over
viduals operating as agents in Poland.
43,33%
We observe that 60 companies continue their activities in the mar-
ket as of 2020. In the country, there were 59 active companies in
2012 and 58 active companies in 2013. While the number of com-