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to think we are not the 6th richest nation in the world

(4 Posts)
amispartacus Mon 02-Jan-17 11:17:03

Keep seeing it a lot on here.
Yes - our GDP is impressive. $2800 billion (so that's altered with the change in the value of the $ to £)

BUT - there are a lot of people in the country. So that's a lot of money 'to go between a lot of people'

Per capita - I think we are number 22.

www.tradingeconomics.com/united-kingdom/gdp-per-capita

There are many countries who have a higher GDP per capita than us.

Are they richer?

Beebeeeight Mon 02-Jan-17 11:19:07

Yes.

Wealth should only ever be measured per capita.

EstelleRoberts Mon 02-Jan-17 11:19:14

Yes, they are richer.

It's somewhat immaterial, anyway, as we will be slipping a lot further down the table after Brexit.

amispartacus Mon 02-Jan-17 11:22:20

It's just something you hear a lot. G8, G20.

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