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4th largest economy. The UK (2nd largest) leaves in 2019.

• nkkollaw 10y ago
  So, wouldn't we become 2nd, rather than 4th?
  • Normal_gaussian 10y ago
    1st: Germany 2nd: UK 3rd: France 4th: Italy The UK and France switch a lot, Italy is almost certain to become the 3rd largest in 2019 when the UK leaves. https://en.wikipedia.org/wiki/Economy_of_the_European_Union#Economies_of_member_states https://en.wikipedia.org/wiki/Economy_of_the_European_Union#...
    • nkkollaw 10y ago
      Ah, got it. Thanks, thought we were 3rd.
      • RobertoG 10y ago
        Italy is 3rd by GDP in the Euro area but not in the European Union.
      • EdiX 10y ago
        You are probably thinking of the eurozone.
    • jaimex2 10y ago
      Interesting... The debt to GDP ratio of Italy stands at 132 percent and its unemployment rate exceeds 7.5 percent. I really don't get economics.
      • RobertoG 10y ago
        "I really don't get economics." Obviously. They are talking about only one indicator: GDP. What you don't get?
      • mantas 10y ago
        Largest economy is GDP per capita. Public debt is not necessarily related to how the actual economy is doing at the moment. If gov takes a huge loan and uses it to propel business, economy does good. Although there's a debt to pay back far in the future. Which hopefully will be easier to pay thanks to inflation. 7.5 unemployment is OK by europeans terms. Anything bellow 10% is business as usual.
        • ranit 10y ago
          > Largest economy is GDP per capita Largest economy is not "GDP per capita", it is nominal GDP. Italy is #12 by GDP per capita measurement.