Warsaw features an impressive economic development, with a GDP forecast by Oxford Economics averaging 3.73% over 2016-2018 - a rate predicted exclusively for Warsaw and Kraków from the entire spectrum of well performing economies in Poland.
the city’s Fryderyk Chopin’s airport and Warsaw-Modlin Mazovia airport (for low-cost airlines and charter flights), account for 45% of all passenger air traffic in Poland. The two international airports located in or near Warsaw, i.e. Importantly, Warsaw features excellent international accessibility, with the city being reachable from most major European cities within no more than three hours’ flying time. Warsaw is the only Polish city with an underground (two lines) and also offers public transport including rail, fast city rail, trams, buses and, most recently added, Veturilo bikes. The high quality of life is also pronounced as far as transportation systems are concerned. It also has a long list of renowned international nursery, primary and secondary schools. The city offers numerous social, cultural, and educational institutions of national importance, including the National Opera, the National Museum, the National Theatre, the Warsaw Uprising Museum, the Museum of the History of Polish Jews, the Philharmonic Orchestra, and the Copernicus Science Centre, as well as sports and recreational facilities (e.g. Warsaw is an exciting place to live and work. The city’s economy is geared towards services, most notably banking and finance, insurance, consulting and media, as well as electronics and high-technology industries. fDi European Cities and Regions of the Future 2016/17 ranks Warsaw as one of the top ten major European cities for both cost effectiveness (sixth) and business friendliness (fourth). Warsaw’s economic indicators far surpass those of any other city in the country, making the Polish capital one of the most attractive investment locations in the whole of the CEE region.
Closed from World War II until reopening in 1991, the Warsaw Stock Exchange has become the most important market in this part of Europe, with around 500 companies listed. In Z/Yen’s Global Financial Centres Index 18 Warsaw is the top rated city in ‘Eastern Europe and Central Asia’, placed 38th, ahead of Istanbul, Prague and Moscow, as well as the likes of Munich and Brussels in Western Europe. The city is now establishing itself as a regional financial centre. The wider Warsaw metropolitan region is home to more than 2.5 million inhabitants and has a forecasted positive population growth until 2035. It is the largest city in Poland and the ninth most populous capital city in the EU. The city is the seat of the Polish government, the parliament and most public administration institutions, as well as regional representatives of international organizations such as the EU, Frontex, the UNO, the World Bank, the International Monetary Fund, and the European Bank for Reconstruction and Development, among others. Warsaw is the political, economic and cultural centre of Poland.
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