How the UK and Ireland generate more wealth than 43 countries put together

• London has a gross domestic product roughly the size of Turkey’s. If the capital was an independent country, its £534,821 million GDP would make it the 18th largest economy in the world, just below the Netherlands.
• At a regional level, Greece’s flailing economy is valued at £154,785 million matching it up with the North West.  The East Midlands’ 4.5 million residents have a greater output than the entire 157 million population of Bangladesh.
• Other cities are equally interesting: Edinburgh is on par with Latvia, while Newcastle is similar to Serbia. The Portsmouth-Southampton metropolitan area is economic equals with Ethiopia, while Glasgow surpasses Bulgaria.
• With just 0.88 of the world’s population, the UK is responsible for 2.75% of its output.

These rankings are based on nominal GDP which is a measure of output alone and does not take into account the cost of living and inflation in each country. Check out the tables here for full results and a breakdown of figures.

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