Is UK a richer country than France?

Today, France's GDP per capita is back on top, though just barely (by 0.6% to be precise). Worse, British inequality remains widespread: In terms of purchasing power, the poorest 10% in the UK have disposable incomes that are 22% lower than their French counterparts.



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Germany's economy has consistently had the largest economy in Europe since 1980, even before the reunification of West and East Germany. The United Kingdom, by contrast, has had mixed fortunes during the same time period and had a smaller economy than Italy in the late 1980s.

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In the world, the poorest countries are mostly located in Africa and Asia, with Burundi being the poorest country followed by Somalia, Mozambique, Central African Republic, and Madagascar.

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Q: Is France a cheaper place to live than the UK? A: Average living costs are 24 per cent cheaper in France than in the UK (Livingcost.org). Of course, where you choose to live will impact how much money you spend.

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Luxembourg is the wealthiest country in the European Union, per capita, and its citizens enjoy a high. It is a major center for large private banking, and its finance sector is the biggest contributor to its economy. The country's main trading partners are Germany, France and Belgium.

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Ukraine is the poorest country in Europe, with a GNI per capita of $3,540, while Moldova is the second poorest country with $4,570, Albania the third, with $5.210, the Republic of Macedonia comes fourth, with a GNI of $5,720, and Bosnia and Herzegovina the fifth poorest, with $6,090.

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The United States has been the world's largest national economy in terms of GDP since around 1890.

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