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Britain’s Economy Grew Bigger Than France’s — Thanks to Drug Money

Posted by on Dec. 28, 2014 at 1:06 PM
  • 3 Replies

Britain’s Economy Grew Bigger Than France’s — Thanks to Drug Money

Britain’s economy is officially bigger than France’s — thanks to some shady counting.

(Image via Ben H./flickr)

(Image via Ben H./flickr)

Britain’s 2014 GDP reached $2.828 trillion, up from $2.536 trillion in 2013, as the Centre for Economics and Business Research reported and NPR noted.

Image via Wikimedia Commons

Britain’s economy is bigger than France’s — according to stats that include drug money. (Image via Wikimedia Commons)

The new figures put Britain just a hair above its old rival, France, making the United Kingdom the world’s fifth-biggest economy behind the U.S., China, Japan and Germany.

But here’s how Britain got there: by counting spending on drugs and prostitution in overall GDP figures, something that many nations (including France) don’t do.

As TheBlaze has previously reported, Brits spend an average of £11.1 billion — roughly $18 billion — each year on the dual vices of drugs and prostitution.

France’s 2014 GDP: $2.827 trillion.

If only France counted drug money — or Britain didn’t — the French could still be No. 5.

by on Dec. 28, 2014 at 1:06 PM
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Replies (1-3):
Ednarooni160
by on Dec. 28, 2014 at 1:07 PM
1 mom liked this

Well..those cheeky little buggers..

Billiejeens
by Emerald Member on Dec. 28, 2014 at 8:08 PM
1 mom liked this

BUMP!

Clairwil
by Platinum Member on Dec. 29, 2014 at 4:28 AM

Is this referring to the bill that Britain received from the EU that was higher than Britain expected, because the EU included black market turnover, while Britain didn't?

If so, the article in the OP is one of the most misleading (indeed downright inaccurate) news stories I've ever read.

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