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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. h
by 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 agoAh, got it. Thanks, thought we were 3rd.
- jaimex2 10y agoInteresting... 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 agoLargest 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.