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So you have to count the EU as a single country to push China into third place. This is something people argue about. During Brexit I many people assured me the
by graemep 2y ago
So you have to count the EU as a single country to push China into third place. This is something people argue about. During Brexit I many people assured me the EU was not a country.
If you use PPP rather than nominal GDP China is actually the biggest and the EU the third biggest.
Also worth noting that, despite expansion, the EU was a smaller proportion of the worth economy before the UK left, than the EEC was after Britain joined. The trend is very much away from the West.