According to The Centre for Economics and Business Research (CEBR), Brazil displaced the United Kingdom this week as the world's 6th largest economic power...
...worse, the UK is forecast to drop another spot to 8th by 2020.
Perhaps limeys may take comfort that they won't be dropping alone: the frogs of now 5th largest economy France could drop to 9th by 2020.
Looks like the mightiest of the Euros are battling each other to see who drops out of the top 10 first...
...here's the top 10 today and where they're forecast to rank in 2020:
CEBR World Economic League Table
Rank 2011 / 2020
1 US / US
2 China / China
3 Japan / Japan
4 Germany / Russia
5 France / India
6 Brazil / Brazil
7 UK / Germany
8 Italy / UK
9 Russia / France
10 India / Italy
...worse, the UK is forecast to drop another spot to 8th by 2020.
Perhaps limeys may take comfort that they won't be dropping alone: the frogs of now 5th largest economy France could drop to 9th by 2020.
Looks like the mightiest of the Euros are battling each other to see who drops out of the top 10 first...
...here's the top 10 today and where they're forecast to rank in 2020:
CEBR World Economic League Table
Rank 2011 / 2020
1 US / US
2 China / China
3 Japan / Japan
4 Germany / Russia
5 France / India
6 Brazil / Brazil
7 UK / Germany
8 Italy / UK
9 Russia / France
10 India / Italy
