Quote:
Originally Posted by New Brisavoine
Well, East Germany is richer than non-Londonian UK, which is even more shocking.
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It is a bit odd separating countries into segments as alluded to above, but the UK GDP per capita figures for the period don’t really come as much of a surprise considering the substantial contraction in the British economy following the financial crisis, ongoing population growth through the downturn, and valuation of the pound against other currencies (a 25% variation from 2007 to 2011 with the dollar for instance).
The present day (2014) picture for the British economy is substantially more upbeat; unemployment is now below that of Germany and the economy is the fastest growing in the G7.