Thread: Brexit (Old)
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Old 10-12-2018, 13:20   #4668
jfman
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Join Date: Dec 2004
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Re: Brexit

Quote:
Originally Posted by djfunkdup View Post
Is the UK the 5th largest economy in the world ?

An obvious way to convert this is to use market exchange rates—like those you use when going on holiday—to convert local currencies into dollars. Using this method, the size of the UK economy in 2016 was $2,629 billion . Doing the same for the rest of the world allows us to rank the size of all economies. This league table is shown below, with the UK the world’s 5th biggest economy on this measure, just ahead of France but behind Germany, Japan, China and the US.

https://fullfact.org/economy/uk-worl...rgest-economy/

Still not doing too bad thanks
That link doesn’t demonstrate that the 2016 collapse of the pound has contributed to increased GDP in actual pounds sterling, you know the currency we are fighting to keep by leaving the demonic EU.
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