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Will the UK's economy dip below France's after Brexit?

Best Answers

The UK's GDP growth will drop from 1.6% this year to 1% next year, in line with the OECD's previous forecast, but Italy's national income will grow by 1.2% ... MPs are also concerned that private sector investment will be mothballed while Brexit talks continue, damaging the economy's long-term growth rate. read more

The UK and France are very similar in population size and economic development, so which one has the bigger economy is something of a toss-up. Both of them also have numerous overseas territories and dependencies scattered around the world, and the exact GDP figures will depend on how you count these. read more

Theresa May’s tough talk on Brexit has put so much pressure on sterling that the UK has fallen below France in the global table of economic powers when measured at market exchange rates. International Monetary Fund estimates of the size of economies in 2016 puts the UK at £1,932bn with France weighing in at €2,228bn, putting the UK ahead so long as a pound buys more than €1.153. read more

Source: ft.com