Real GDP
GDP Purchasing Power Parity (in Trillions of dollars)
United Kingdom: 2.375 (est. 2012)
Germany: 3.25 (est. 2012)
Brazil: 2.394 (est. 2012)
United States: 15.94 (est. 2012)
World: 84.97 (est. 2012)
Germany: 3.25 (est. 2012)
Brazil: 2.394 (est. 2012)
United States: 15.94 (est. 2012)
World: 84.97 (est. 2012)
Is Real GDP a Problem for the UK?
Real GDP currently is very low. It is not a huge increase like the United States and Germany who are the countries most likely compared to the United Kingdom (or reverse). The country is more like Brazil which some people consider a lower level economic country due to political downturns. This is an extreme problem for the United Kingdom
Reasoning
Germany- Geological Location
Brazil- Major oil producing country
United States- Highly Industrialized country
World- Gives average of every country
Brazil- Major oil producing country
United States- Highly Industrialized country
World- Gives average of every country