Re:UK’s mass surveillance regime violated human rights law, ...
by rsynnott on Thursday September 13, 2018 @07:09PM
(#17983505)
> The EU is becoming increasingly insignificant in terms of global GDP share and will continue to do so.
I mean, it’s the second largest entity in terms of nominal GDP after the US, and second largest in terms of PPP GDP after China. As a share of global GDP, sure, it’s diminishing; after all, essentially all developed countries are. It is still very significant, however. Even if you assume that world GDP per capita is ever spread evenly, it’d be nearly 10% (currently, it’s 16% PPP).
I mean, it’s the second largest entity in terms of nominal GDP after the US, and second largest in terms of PPP GDP after China. As a share of global GDP, sure, it’s diminishing; after all, essentially all developed countries are. It is still very significant, however. Even if you assume that world GDP per capita is ever spread evenly, it’d be nearly 10% (currently, it’s 16% PPP).