3 ms·

Where is the shrinking? https://www.statista.com/statistics/1370599/g7-country-gdp-growth/ https://www.statista.com/statistics/1370599/g7-country-gdp-g... The

Where is the shrinking? https://www.statista.com/statistics/1370599/g7-country-gdp-growth/ https://www.statista.com/statistics/1370599/g7-country-gdp-g... The UK was the hardest hit by COVID, but it has recovered well.

selectodude 1y ago
https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=GB https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?location... Per-capita GDP has been rough in the UK post-brexit.
- GardenLetter27 1y ago
  https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?end=2023&locations=GB-FR-IT-ES&start=2000 https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?end=2023... But compared to neighbours it's pretty close? I was against Brexit, but I don't think the apocalyptic predictions have been borne out at all.
  - selectodude 1y ago
    Trade is bi-lateral. The UK’s trading partners were also harmed by their decision to leave. Short term, it’s just simply a net negative for everybody. Long term (decades), the UK will have a long run growth rate lower than the rest of the EU. Granted, our lack of a crystal ball means that we can just debate outcomes ad nauseum.
mmarq 1y ago
If I recall correctly, the UK changed the way in which they compute the government contribution to GDP (going from G being just cost to some estimate of the output). This caused both the COVID drop and recovery to look steeper.