Whoever you ask the UK is the fifth largest economy in the world. The sources are reliable: don’t question the use of Wikipedia on this occasion.
I make the point that whatever data you look at the UK is the fifth biggest economy in the world. And that is after 43 years of EU membership.
How we use that wealth; to whom we distribute it; what investment we make for the future: all those things are open to question. But if we deal in facts the EU has done us rather well, it would seem.
The UK is the fifth largest economy in the world so therefore the EU has done us well.
In 1970, before the UK joined the EU, it was also the fifth largest economy in the world (barring the Soviet Union which does not exist today of course).
And so I doubled my research budget and checked GDP per head:
So now we drop as low as 21st, but let’s be honest, that’s after taking some oil states, San Marino and a massive pile of tax havens where the GDP data is as dubious as can be – and is certainly not available to the local population – into account.
In 1970 the UK was, leaving out the oil states and tax havens, 16th in GDP per capita.