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Economically, EU will be substantially smaller than the US after the UK leaves.
by ariwilson 9y ago
Economically, EU will be substantially smaller than the US after the UK leaves.
- mbroncano 9y agoThat's far from accurate. The U.K. currently represents around 15% of the EU GDP, which was around 15% higher than that of the US on its own (that includes Norway and Switzerland which are not member but allow me to pencil them in) If by substantially smaller you mean 'pretty much the same size' then yes you're right.
- ariwilson 9y agoI think that if you're penciling in Norway and Switzerland, Canada should be penciled in for the US. https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP) https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP) is pretty clear: 2016 GDP (PPP) figures: US $18.6T, EU $19.7T (6% higher than US), UK $2.8T, EU - UK $16.9T (10% lower than US)