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==Economy== {{Main|Economy of Poland}} [[File:Hala Koszyki 22 października 2016.jpg|thumb|right|[[Hala Koszyki]], a former [[market hall]] from the early 20th century, now a mixed-use centre]] Warsaw is the leading economic and financial hub of the [[Visegrád Group]] and the [[Three Seas Initiative]]. In 2021, the city's gross metropolitan product (GDP) was estimated at €100 billion, which places Warsaw [[List of EU metropolitan areas by GDP|20th]] among the [[metropolitan area]]s in the [[European Union]] with largest GDP.<ref>{{cite web | url=https://ec.europa.eu/eurostat/databrowser/view/tgs00003/default/table?lang=en | title=EU regions by GDP | publisher=Eurostat | access-date=27 February 2023 | archive-date=27 February 2023 | archive-url=https://web.archive.org/web/20230227213552/https://ec.europa.eu/eurostat/databrowser/view/tgs00003/default/table?lang=en | url-status=live }}</ref> Warsaw generates almost 1/5 of the [[Economy of Poland|Polish GDP]] and the country's national income.<ref>{{Cite web |url=https://forsal.pl/artykuly/1390382,pkb-wojewodztw-w-polsce-dane-mapa-wykresy.html |title=PKB w regionach Polski. Warszawa ciągnie polską gospodarkę [MAPA] |date=8 January 2019 | publisher=forsal.pl |access-date=27 November 2020 |archive-date=25 November 2020 |archive-url=https://web.archive.org/web/20201125162725/https://forsal.pl/artykuly/1390382,pkb-wojewodztw-w-polsce-dane-mapa-wykresy.html |url-status=live }}</ref> In 2020, Warsaw was classified as a [[global city]], because Warsaw is a major global city that links economic regions into the world economy.<ref>{{Cite web |url=https://www.spottedbylocals.com/blog/alpha-beta-and-gamma-cities/ |title=Alpha, Beta and Gamma Cities (Updated 2020); Spotted by Locals Blog |date=24 July 2020 |website=Spotted by Locals |access-date=27 November 2020 |archive-date=5 December 2020 |archive-url=https://web.archive.org/web/20201205055048/https://www.spottedbylocals.com/blog/alpha-beta-and-gamma-cities/ |url-status=live }}</ref> Warsaw's city centre ([[Śródmieście, Warsaw|Śródmieście]]) and commercial [[Wola]] district are home not only to many national institutions and government agencies, but also to many domestic and international companies. Warsaw's ever-growing business community has been noticed globally, regionally, and nationally. In 2019 Warsaw was one of the top destinations for foreign investors in Europe.<ref>{{Cite web |url=https://kafkadesk.org/2019/06/24/warsaw-among-top-10-most-attractive-european-cities-for-foreign-investors/ |title=Warsaw among top 10 most attractive European cities for foreign investors |date=24 June 2019 | publisher=Kafkadesk |access-date=27 November 2020 |archive-date=7 December 2020 |archive-url=https://web.archive.org/web/20201207062851/https://kafkadesk.org/2019/06/24/warsaw-among-top-10-most-attractive-european-cities-for-foreign-investors/ |url-status=live }}</ref> The average monthly gross salary in the enterprise sector in the last quarter of 2022 amounted to 8,104 [[Polish złoty|PLN]] and was 404 [[Polish złoty|PLN]] higher than the average in the [[Masovian Voivodeship]] and as much as 1,450 [[Polish złoty|PLN]] higher than in Poland. The highest gross salary was received by employees working in the information and communication section (11,701.47 [[Polish złoty|PLN]]). There are 525,475 registered business entities in Warsaw, most of them in the districts of [[Śródmieście, Warsaw|Śródmieście]], [[Mokotów]], [[Wola]] and [[Praga-Południe]], 1.1 million people work in the enterprise sector. Warsaw has a well-developed office base, the office space is 6.27 million m2. The largest office buildings are [[Varso]] (63,800 m<sup>2</sup>), [[Warsaw Spire]] (60 000 m<sup>2</sup>), Forest Tower (51,500 m<sup>2</sup>) and P180 (32,000 m<sup>2</sup>), the largest projects under construction are [[The Bridge (Warsaw)|The Bridge]] (47,000 m<sup>2</sup>) and [[Skyliner (Warsaw)|Skyliner II]] (38,000 m<sup>2</sup>). The space resources of shopping centers in the Warsaw agglomeration in amount to over 1.7 million m<sup>2</sup>.<ref name="turystyka">{{Cite web |url=https://warsawtour.pl/wp-content/uploads/2023/11/Turystyka_w_Warszawie_Raport_2022.pdf |title=Turystyka w Warszawie - raport 2022 |publisher=City Hall of Warsaw |access-date=20 January 2024}}</ref> {{multiple image | total_width = 260 | align = right | direction = horizontal | image1 = Varso Tower Warsaw 22(cropped).jpg | image2 = Warsaw Spire 2019.jpg | footer = [[Varso]] and [[Warsaw Spire]] are the skyscrapers with the largest office space }} In October 2019 Warsaw's unemployment rate was 1.3%, the lowest in the country.<ref>{{Cite web |url=https://www.rdc.pl/informacje/urzad-statystyczny-stopa-bezrobocia-w-warszawie-i-w-mazowieckiem-bez-zmian/ |title=Bezrobocie w Warszawie i na Mazowszu bez zmian |website=Warszawa i Mazowsze - najnowsze wiadomości w RDC |access-date=27 November 2020 |archive-date=5 December 2020 |archive-url=https://web.archive.org/web/20201205081807/https://www.rdc.pl/informacje/urzad-statystyczny-stopa-bezrobocia-w-warszawie-i-w-mazowieckiem-bez-zmian/ |url-status=live }}</ref> Shopping and [[consumerism]] is an important component of Warsaw's economy. The retail streets in Warsaw are [[New World Street]] (''Nowy Świat'') along with [[Krakowskie Przedmieście]]. These streets and their neighboring areas host many luxury stores and popular restaurants. However, most retailers choose to operate in the central shopping centres and [[Shopping mall|mall]]s such as [[Złote Tarasy|Złote Tarasy-Golden Terraces]], [[Galeria Mokotów]] and [[Westfield Arkadia]].<ref>[https://www.inyourpocket.com/warsaw/westfield-arkadia_20031] {{Dead link|date=December 2021|bot=InternetArchiveBot|fix-attempted=yes}}</ref> [[Luxury goods]] as well as designer labels can be found in the Vitkac Department Store and around [[Frascati, Warsaw|Frascati]].<ref>{{Cite web |url=https://www.vitkac.com/us |title=Vitkac - Luxury, Premium & Contemporary Shopping | publisher=www.vitkac.com |access-date=27 November 2020 |archive-date=25 November 2020 |archive-url=https://web.archive.org/web/20201125105122/https://www.vitkac.com/us |url-status=live }}</ref> ===Warsaw Stock Exchange=== {{Main|Warsaw Stock Exchange}} Warsaw's first [[stock exchange]] was established in 1817 and continued trading until World War II. It was re-established in April 1991, following the end of a communist [[planned economy]] and the reintroduction of a [[free market|free-market economy]].<ref name="stock"/> Today, the [[Warsaw Stock Exchange]] (WSE) is, according to many indicators,<ref name=CEE/> the largest market in the region, with 433 companies listed and total capitalisation of 1 trillion [[Polish złoty|PLN]] as of 26 November 2020.<ref>{{Cite web|url=https://www.gpw.pl/statystyki-gpw|title=Główny Rynek GPW - Statystyki GPW|access-date=27 November 2020|archive-date=8 January 2022|archive-url=https://web.archive.org/web/20220108031340/https://www.gpw.pl/statystyki-gpw|url-status=live}}</ref> From 1991 until 2000, the stock exchange was, ironically, located in the building previously used as the headquarters of the communist [[Polish United Workers' Party]] (PZPR).<ref name=Tourism/> ===Industry=== The most prominent industries and industrial sectors include high-tech, electrotechnical, chemical, cosmetic, construction, food processing, printing, [[metallurgy]], machinery and clothing. The majority of production plants and facilities are concentrated within the WOP Warsaw Industrial Precinct (''Warszawski Okręg Przemysłowy'') which is situated around the city's peripheral localities such as [[Praga]], [[Pruszków]], [[Sochaczew]], [[Piaseczno]], [[Marki]] and [[Żyrardów]].<ref>{{Cite web |url=http://www.hierophant-nox.com/warszawski-okreg-przemyslowy/ |title=Warszawski Okręg Przemysłowy | hierophant-nox |date=20 November 2018 |access-date=27 November 2020 |archive-date=6 December 2020 |archive-url=https://web.archive.org/web/20201206015436/http://www.hierophant-nox.com/warszawski-okreg-przemyslowy/ |url-status=live }}</ref> Warsaw has developed a particularly strong [[Retail|retail market]]/sector, representing around 13% of the total retail stock in the country.<ref>{{Cite web |url=https://smg.cbre.com/retail/city/warsaw#regional-statistics |title=Understanding Retail Destinations in Warsaw | publisher= CBRE |access-date=27 November 2020 |archive-date=27 November 2020 |archive-url=https://web.archive.org/web/20201127141018/https://smg.cbre.com/retail/city/warsaw#regional-statistics |url-status=dead}}</ref> Following World War II, the authorities decided that the city will be transformed into a major centre for [[heavy industry]] and manufacturing. As a result, numerous large factories and production facilities were built in and around the city. Among the largest were ''Huta Warszawa'' [[steel works]], now [[ArcelorMittal|arcelor]]), the [[Ursus SA]], and the [[Fabryka Samochodów Osobowych]] (FSO) car factory. The now-defunct FSO, established in 1951, was once Warsaw's most successful corporation. Notable vehicles assembled there over the decades include the [[FSO Warszawa]], [[FSO Syrena]], [[Polski Fiat 125p]] and the [[FSO Polonez]]. In 1995, the factory was purchased by the [[South Korea]]n car manufacturer [[Daewoo]], which assembled its models in Warsaw for the European market. ===Tourism=== {{multiple image | total_width = 260 | align = right | direction = vertical | image1 = Hotel Europejski (cropped).jpg | caption1 = [[Hotel Europejski]] | image2 = Hotel Polonia Palace w Warszawie 2022 (cropped)2.jpg | caption2 = [[Hotel Polonia Palace]] }} The estimated number of tourist arrivals to Warsaw in 2022 was over 9 million. Most tourists came from the [[United Kingdom]] (347,000), [[Germany]] (321,000), the [[United States]] (206,000) and [[France]] (145,000). Additionally, Warsaw was visited by 5.8 million one-day tourists, giving a total of over 14.8 million tourists in 2022. The above data does not include [[Ukrainians|Ukrainian citizens]] who came to Warsaw in connection with the [[Russian invasion of Ukraine]]. The accommodation base consists of 1,010 hotels offering over 56,000 beds. The estimated contribution of the tourism economy to Warsaw's [[GDP]] is 12.9 billion PLN, and the tourism industry employs 87,703 people.<ref name="turystyka"/> 144,220 people used Warsaw Tourist Lines in 2022 - almost 14,000 more than previous year. In the summer, Warsaw residents and tourists could use ferries across the Vistula, a ship to Serock, bus and tram lines operated with historic rolling stock, and a narrow-gauge railway. The most popular attraction among tourists was the [[Palace on the Isle|Royal Łazienki Museum]], which was visited by 5,265,110 tourists.<ref name="turystyka"/> Warsaw is an important center for conferences and congresses. The Warsaw Convention Bureau collected information on 9,000 events in 2022, which gathered a total of 1,240,467 participants in Warsaw.<ref name="turystyka"/> ===Media and film=== {{See also|List of films set in Warsaw}} Warsaw is the media centre of Poland, and the location of the main headquarters of [[Telewizja Polska|TVP]] and other numerous local and national TV and [[radio broadcasting|radio stations]], such as [[Polskie Radio]] (Polish Radio), [[TVN (Poland)|TVN]], [[Polsat]], [[TV4 (Poland)|TV4]], [[TV Puls]], [[Canal+ Poland]], [[Cyfra+]] and [[MTV Poland]].<ref name=broadbandtvnews/> Warsaw also has a sizable movie and television industry. The city houses several movie companies and [[movie studio|studios]]. Since May 1661 the first Polish newspaper, the ''[[Merkuriusz Polski Ordynaryjny|Polish Ordinary Mercury]]'', was printed in Warsaw. The city is also the printing capital of Poland with a wide variety of domestic and foreign periodicals expressing diverse views, and domestic newspapers are extremely competitive. ''[[Rzeczpospolita (newspaper)|Rzeczpospolita]]'', {{Lang|pl|[[Gazeta Wyborcza]]}} and ''[[Dziennik Polska-Europa-Świat]]'', Poland's large nationwide daily newspapers,<ref name=instytut/> have their headquarters in Warsaw. Since World War II, Warsaw has been the most important centre of film production in Poland. Among the movie companies are TOR, Czołówka, Zebra and [[KADR (studio)|Kadr]] which is behind several international movie productions.<ref name="pisf"/> The city itself has featured in numerous movies, both Polish and foreign, for example: [[Kanał (film)|''Kanał'']] and ''[[Korczak (film)|Korczak]]'' by [[Andrzej Wajda]] and ''[[The Decalogue (film)|The Decalogue]]'' by [[Krzysztof Kieślowski]], also including [[Academy Award|Oscar]] winner [[The Pianist (2002 film)|''The Pianist'']] by [[Roman Polanski|Roman Polański]].<ref name=thepianistmovie/> It is also home to the National Film Archive, which, since 1955, has been collecting and preserving Polish film culture.<ref>{{cite web |url=http://www.fn.org.pl/en/page/231/about-the-national-film-archive.html |title=About the National Film Archive |publisher=National Film Archive |access-date=27 September 2017 |archive-date=27 September 2017 |archive-url=https://web.archive.org/web/20170927160201/http://www.fn.org.pl/en/page/231/about-the-national-film-archive.html |url-status=live }}</ref>
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