2 ms·
I'm not sure it's wise to believe the headline claims about UK GDP (or lack of it), particularly if those stories mention Brexit. There's more to it, and there'
by logifail 4y ago
I'm not sure it's wise to believe the headline claims about UK GDP (or lack of it), particularly if those stories mention Brexit. There's more to it, and there's an awful lot of Brexit-related bias in play.
"For 2021 as a whole, UK GDP growth was 7.5%. This was the highest in the G7. The UK had the largest decline in GDP among the G7 in 2020 (-11.0%) and its relatively strong performance in 2021 was to some degree a recovery from weakness in 2020.
Please note that headline GDP growth figures across countries are not 100% comparable. For example, the UK takes a different approach to others in calculating output in the education and health sectors. This has resulted in the UK’s GDP growth figures being lower in 2020, and higher in 2021 (as this effect unwound), compared with other G7 economies than they otherwise would have been."
https://commonslibrary.parliament.uk/research-briefings/sn02784/ https://commonslibrary.parliament.uk/research-briefings/sn02...