27 Apr 2016
OECD: UK GDP would be 3% lower by 2020 on Brexit
In its latest study on the potential Brexit fallout, the Organisation for Economic Cooperation and Development (OECD) highlights the following points:
Fall out to hit rest of OECD economies especially in Europe
UK membership in the EU has contributed to its economic prosperity
Uncertainty of the outcome ahead of the June 23
referendum has already impacted on growth and sentiment
UK GDP would be 3% lower by 2020 on Brexit. 5% lower by 2030
UK voting to leave would impact on other economies
EU GDP to lose 1% by 2020 if UK leaves
Fall out to hit rest of OECD economies especially in Europe
UK membership in the EU has contributed to its economic prosperity
Uncertainty of the outcome ahead of the June 23
referendum has already impacted on growth and sentiment
UK GDP would be 3% lower by 2020 on Brexit. 5% lower by 2030
UK voting to leave would impact on other economies
EU GDP to lose 1% by 2020 if UK leaves