November 22, 2024
UK

Britain risks slipping from being the world’s fifth-biggest economy to its seventh-largest next year, when it is due to leave the European Union, with France and India on course to overtake it, accountancy firm PwC said.

PwC projected economic growth in 2019 of 1.6 percent for Britain — assuming the country manages to avoid the shock of a no-deal Brexit in March — versus 1.7 percent for France and 7.6 percent for India.

“The UK and France have regularly alternated in having the larger economy, but subdued growth in the UK in 2018 and again in 2019 is likely to tip the balance in France’s favour,” PwC economist Mike Jakeman said.

The ranking is based on the size of national economies in U.S. dollar terms. Britain’s economy slowed and the value of the pound slumped after the 2016 Brexit referendum decision to leave the EU.

“India is the fastest-growing large economy in the world, with an enormous population, favourable demographics and high catch-up potential due to low initial GDP (gross domestic product) per head,” Jakeman said.

“It is all but certain to continue to rise in the global GDP league table in the coming decades.”PwC expects India to rise to fifth place next year from seventh, and France to remain at sixth.

45 thoughts on “India Overtakes UK Economy, Will Be World’s Fifth In 2019.

  1. I simply want to say I am just new to blogging and site-building and actually savored this page. Probably I’m going to bookmark your website . You absolutely have tremendous writings. With thanks for revealing your web site.

  2. 933730 39880You made some decent points there. I looked on the internet for the concern and located most individuals will go along with along with your website. 258011

  3. 669779 431738Lastly, got what I was looking for!! Ive actually enjoying every small bit of this. Ecstatic I stumbled into this post! and also Ive bookmarked to appear at unique data for your weblog post. 766458

  4. 73438 166559I just could not go away your website before suggesting that I extremely enjoyed the usual information a person supply to your guests? Is going to be back ceaselessly as a way to inspect new posts. 361744

  5. 288372 644263This is the proper weblog for anybody who hopes to learn about this topic. You know a complete lot its almost tough to argue along (not that I really would wantHaHa). You certainly put a whole new spin for a subject thats been written about for years. Wonderful stuff, just wonderful! 400600

  6. I always find and read your articles. I think you are really trying to share your knowledge and thoughts. I understand how hard it can be to write a blog post. I want to applaud your efforts. I’d love to see your article. I will bookmark it. Thank you. https://totoilmi.com/

  7. 697017 586521Can I just say what a relief to search out somebody who really is aware of what theyre speaking about on the internet. You undoubtedly know how to deliver a problem to light and make it essential. Extra folks require to learn this and perceive this facet of the story. I cant consider youre no more common because you positively have the gift. 956955

  8. 594963 395357Wow, superb weblog layout! How long have you been blogging for? you make blogging appear simple. The overall appear of your internet site is magnificent, as effectively as the content! xrumer 49789

  9. 685475 509396Wow, great blog layout! How lengthy have you ever been running a weblog for? you make running a weblog glance simple. The total appear of your web website is magnificent, well the content material material! 778125

  10. 404630 69537Hello there, just became alert to your weblog through Google, and located that it is truly informative. Im gonna watch out for brussels. I will appreciate in the event you continue this in future. A lot of people will likely be benefited from your writing. Cheers! xrumer 910614

  11. 1586 189421Admiring the time and effort you put into your internet site and in depth details you offer. It is good to come across a weblog every once in a although that isnt the same out of date rehashed material. Excellent read! Ive saved your site and Im including your RSS feeds to my Google account. 835500

  12. Have you ever thought about creating an e-book or
    guest authoring on other websites? I have a blog based upon on the same subjects you discuss and would really like to have you share
    some stories/information. I know my viewers would value your work.

    If you are even remotely interested, feel free to send me an e mail.

  13. After looking over a number of the blog posts on your blog, I really like your way of writing a blog.

    I book marked it to my bookmark website list and will be checking back in the near future.
    Please check out my website too and let me know how you feel.

  14. Howdy! This is kind of off topic but I need some advice from an established blog.

    Is it hard to set up your own blog? I’m not very techincal but I can figure things out pretty quick.
    I’m thinking about creating my own but I’m not sure where to start.
    Do you have any ideas or suggestions? Thanks

  15. You really make it appear really easy with your presentation however I find
    this topic to be really one thing which I think I might never understand.
    It sort of feels too complex and extremely extensive for
    me. I am looking ahead in your next submit, I will attempt to get the dangle of it!

  16. Howdy, I believe your blog could be having internet browser compatibility issues.
    When I look at your blog in Safari, it looks fine
    however, if opening in Internet Explorer, it’s got some overlapping issues.
    I just wanted to provide you with a quick heads
    up! Besides that, fantastic website!

  17. hey there and thank you for your information –
    I have definitely picked up anything new from right here.

    I did however expertise some technical points using this site, since I experienced to reload
    the site many times previous to I could get it to load correctly.

    I had been wondering if your hosting is OK? Not that I’m complaining,
    but sluggish loading instances times will
    often affect your placement in google and can damage your
    high-quality score if ads and marketing with Adwords.
    Well I’m adding this RSS to my e-mail and could look out for much more of your respective interesting content.
    Make sure you update this again very soon.

  18. Greetings! Quick question that’s completely off topic.
    Do you know how to make your site mobile friendly?
    My website looks weird when browsing from my iphone 4. I’m
    trying to find a template or plugin that might be able to fix this issue.
    If you have any recommendations, please share.
    Thank you!

Leave a Reply

Your email address will not be published. Required fields are marked *