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Poland comes 36th in Global Competitiveness Report 2016-2017

Poland advanced to 36th place from the previous year's 41st in the Global Competitiveness Report 2016-2017 prepared by the World Economic Forum (WEF), the National Bank of Poland (NBP) announced on Wednesday.

28.09.2016 15:18 update: 27.09.2018 02:02
epa05339487 Silhouettes of people are seen in front of a World Economic Forum billboard during the World Economic Forum on ASEAN in Kuala Lumpur, Malaysia, 01 June 2016. The World Economic Forum on ASEAN will be held from 01 to 02 June 2016. EPA/FAZRY ISMAIL Dostawca: PAP/EPA. Archiwum PAP/EPA © 2016 / FAZRY ISMAIL
Archiwum PAP/EPA © 2016 / FAZRY ISMAIL / epa05339487 Silhouettes of people are seen in front of a World Economic Forum billboard during the World Economic Forum on ASEAN in Kuala Lumpur, Malaysia, 01 June 2016. The World Economic Forum on ASEAN will be held from 01 to 02 June 2016. EPA/FAZRY ISMAIL Dostawca: PAP/EPA. Archiwum PAP/EPA © 2016 / FAZRY ISMAIL

The report presents the results of an annual WEF survey and is of key importance in decision-making by foreign investors, the NBP commented.

Polish entrepreneurs polled in the survey indicated the tax law as the biggest barrier in business operations, according to the NBP.

The ranking list is based on data from 14,000 companies from 138 countries, including 214 businesses from Poland. (PAP)

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