Growing Central Europe – test

Why Central Europe?

The region is the main contributor to the growth of the European economy, having grew on average more than twice as fast as the EU-15 in the past two decades, fueled by strong domestic demand.

SCALE

Population of >100 million

Combined GDP of €1.3 trillion – equal to Nordics

10% of EU economy but 25% of population

GROWTH

GDP growth 3% CAGR vs 1% for Western Europe (2016-21)

#1 fastest growing region in Europe

GDP per capita just €14k, versus €43k in Western Europe

Private equity investments as a proportion of GDP currently 4x lower than Western Europe and Baltics

STABILITY

Ease of doing business = to Western Europe level of 2014

FDI inflows growing faster than Western Europe / global levels

€210bn of cohesion funding arriving between 2021-27

Strong domestic consumption

Abris target countries are EU and NATO members

FUTURE

Digitization – >6,300 R&D entities in Central Europe in 2020, vs 1,700 in 2010

Google, Microsoft, Intel recently invested billions [exact figure?] in Central Europe

Disposable income growth driving rapid growth of consumer goods and services sectors

Labour productivity continues to grow strongly, converging with Western Europe

Poland – most popular reshoring location globally