Poland third best place to invest in post-COVID world
Poland has been ranked the third best country in the world to invest in this year, beating economic heavy weights such as the United States and Germany, according to research by a leading business magazine.
CEO World placed Poland in third place behind the UK and table-topping Singapore in a survey of 80 countries from across the globe.
Poland was one of only three European states to make the top 10 along with Britain and its neighbour the Czech Republic.
The rankings were based on 11 different factors such as corruption, investor protection, infrastructure and quality of life, with each factor getting an equal weighting.
In total Poland racked up a total score of 83.368, just over one point behind the United Kingdom, and just under one point ahead of fourth-placed Indonesia.
In contrast Poland’s biggest trading partner, Germany, came in 16th with only 78.041 points.
Poland scored particularly well in areas such as “skilled labour force” and “education and research”.
The ranking by CEO World should help strengthen the Polish economy’s good reputation as the world prepares to weather the economic storm triggered by the pandemic lockdown.
Earlier this month the European Commission published a report that found Poland would be the EU country least affected by recession.