POLAND OIL INFORMATION
-Poland's oil production: 12,090 bbl/day (2011 est)
-Poland's oil consumption: 521,600 bbl/day (2013 est)
---Poland is similar to other European nations; it consumes much more oil than it produces. This places Poland as the 32nd-highest consumer of oil. This data seems to align with the fact that Poland is a developing, "Western" nation that consumes large quanities of energy. The living conditions must be pretty well off, in comparison to the rest of the world, if Poland has enough wealth to afford such high energy consumption. Russia, in close proximity to Poland and one the world's largest oil-produces, serves as Poland's primary source of foreign oil.
-Poland's oil production: 12,090 bbl/day (2011 est)
-Poland's oil consumption: 521,600 bbl/day (2013 est)
---Poland is similar to other European nations; it consumes much more oil than it produces. This places Poland as the 32nd-highest consumer of oil. This data seems to align with the fact that Poland is a developing, "Western" nation that consumes large quanities of energy. The living conditions must be pretty well off, in comparison to the rest of the world, if Poland has enough wealth to afford such high energy consumption. Russia, in close proximity to Poland and one the world's largest oil-produces, serves as Poland's primary source of foreign oil.
ADDITIONAL INFORMATION ON POLISH ECONOMY
-Poland's GDP per capita: $20,900
-Poland's Unemployment rate: 12.8%
-Poland's Budget: Revenues ($88.31 Billion); Expenditures ($97.65 Billion)
A note on this information: Poland has a high GDP per capita compared to other Eastern European nations. However, Poland also has a very high unemployment rate, as well as a deficit budget. Therefore, although Poland is a developing Western financial power, its infancy with a free-market system certainly has led to some issues that need refining.
-Poland's GDP per capita: $20,900
-Poland's Unemployment rate: 12.8%
-Poland's Budget: Revenues ($88.31 Billion); Expenditures ($97.65 Billion)
A note on this information: Poland has a high GDP per capita compared to other Eastern European nations. However, Poland also has a very high unemployment rate, as well as a deficit budget. Therefore, although Poland is a developing Western financial power, its infancy with a free-market system certainly has led to some issues that need refining.