UK grew faster than Germany in last 10 years, in years since Referendum, and last quarter

Analysis of latest official figures by Facts4EU reveals facts that will astonish many

Montage © Facts4EU.Org 2023

We lift the lid on GDP growth in Brexit Britain, using official facts

Last week the ONS released its latest GDP figures, showing the performance of the UK economy up to Q1 (Jan-Mar) 2023. In the last 10 years GDP has grown by 15%. It has grown by 6% since we voted to leave the EU.

Our analysis compares the UK’s economy with that of the EU’s economic powerhouse: Germany. The results are likely to shock many readers – in a positive way. We have produced this report for CIBUK.Org, of which we are an Affiliated Organisation, as well as being their main 'facts engine'.

What follows shows growth percentages in real terms (‘chained volume measure’) and our sources are the latest sets of data from the ONS and from the EU Commission. It doesn’t get more official than that.

Actual official data, not ‘forecasts’

What follows are not the ‘forecasts’ used by Remainer-Rejoiners. These are actual results from the UK’s official data agency: the Office for National Statistics, and from Eurostat. These figures are used by financial organisations all around the world.

Brexit Facts4EU.Org Summary

1. Growth in UK & German GDP, in real terms (taking out inflation), in the last 10 years

Q1 2013 – Q1 2023

UK : 15.3%
Germany : 12.6%

[Sources: Office for National Statistics, 12 May 2023 | EU Commission, 10 May 2023.]

2. Growth in real GDP since the Referendum – UK versus Germany

Q2 2016 – Q1 2023

UK : 5.9%
Germany : 5.4%

Comments on our report, by former Brexit Minister the Rt Hon David Jones MP

"For years we were told by Remain supporters that Brexit would be economically disastrous for the UK and we would swiftly fall behind the EU if we left.
"This analysis - based upon official statistics - shows that the opposite is true. The UK economy has been remarkably resilient in the face of Covid and Russian aggression in Ukraine, and has outstripped that of Germany, the leading continental economy.

"It's now time for Remainers to come to terms with Brexit and acknowledge that our new freedoms as an independent country are helping the UK to grow faster than our EU neighbours. Brexit has been good for Britain, and the best is yet to come."
- The Rt Hon David Jones MP, 16 May 2023

UK economic growth - higher than Germany’s in last 10 years and since EU Referendum

From the summary above it can be seen that the United Kingdom has significantly outperformed Germany in economic growth over the last 10 years. Not only that, but the UK has also outperformed Germany in economic growth terms since the EU Referendum.

And when it comes to the most recent quarter’s results (Jan-Mar 2023) the UK’s growth was higher (0.1%) than Germany’s (0.0%).

Let’s face it, you won’t see news like this on the BBC.

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Finally, the UK economy is now back above its pre-pandemic levels

In its report last week, the ONS stated the following:-

“Monthly GDP is now estimated to be 0.1% above its pre-coronavirus (COVID-19) levels (February 2020).”
- Office for National Statistics (ONS), 12 May 2023

Observations

Uplifting report

How many readers would have guessed the UK’s economy outperformed the EU’s economic powerhouse over the last 10 years, outperformed it since the EU Referendum, and even outperformed it in the last quarter?

The reason we compared the UK's economic growth figures with Germany's is of course because Germany is the UK's major competitor in Europe, as well as being the EU's No.1 economy by a long way.

This news will not of course go down well at Remainer-Rejoiner Central. They will doubtless try to discredit us as usual and to deflect onto other topics. The problem they have is that our analysis of the official facts shows clearly that the UK has outgrown Germany. No-one can argue with the time periods we chose, as they are perfectly logical ones to look at – a 10-year overview, then the view since we voted to leave, then the first three months of this year.

Economic growth is precarious in many countries

Readers will be well aware there is concern amongst economists about a worldwide recession looming. There can be no complacency in the UK’s growth figures because of this. Nevertheless we hope that our analysis of the numbers will have proved interesting to readers.

Finally, we feel compelled to ask why it falls to a small, underfunded think-tank like ours to do this analysis, with its revealing and surprising results. Did no-one else take the trouble to analyse the figures released last week?

Today we have published yet more great news for Brexit Britain, but we predict you’ll never see this on most media outlets. If any impartial journalists reading this would like to run on our report, please get in touch here.

We must get reports like this out there

Reports like the one above take far longer to research, write and produce than many people realise. If they were easy, readers would see other organisations also producing these daily. However, there’s little point in the Facts4EU.Org team working long hours, seven days-a-week, if we lack the resources to promote them effectively – to the public, to MPs, and to the media. This is where you come in, dear reader.

Facts4EU.Org needs you today

We are a 'not for profit' team (we make a loss) and any payment goes towards the actual work, not plush London offices, lunch or taxi expenses, or other luxuries of some organisations.

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[ Sources: UK Office for National Statistics | European Commission (Eurostat) ] Politicians and journalists can contact us for details, as ever.

Brexit Facts4EU.Org, Tues 16 May 2023

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Reader Comments 25

1. Sparky , Tuesday, May 16, 2023, 06:08:

Well done Facts4EU. You’ve just shown the economic damage of Brexit.
Difference over 10 years 2.7% , Ave 0.27 per year over 10 years
Difference since 2016 Brexit ref. 0.5% , Ave 0.07% over 7 years
Clearly the highest period of economic growth ahead of Germany was when the UK was in the EU.
.
Nigel Farage stated on Newsnight last night that the UK has not benefited from Brexit economically, he actually widened that to say Brexit has failed. Of course he blamed others, not Brexit itself.

2. Northern Muppet , Tuesday, May 16, 2023, 06:40:

Sparky,
.
Have you nothing better to do??
.
It must be a sad old life that you live!!
.
Since we voted to leave, we've had successive governments (T May, for god's sake!!) who have shirked their responsibility with regards to Brexit. We've had a beligerent civil service who have tried, with every fibre of their being, to keep upshackled to the sclerotic EU, and we now have a useless (and soon to be voted out) conservative (sic) government who STILL won't get rid of the raft of EU laws that have been foisted upon us while we were in the dreadful scheme! thanks, J Hunt!!)
.
If we had made the sensible changes to our system upon leaving the EU, this growth would have been far and away faster than the EU.
.
I suppose YOUR only hope is getting a starmer government and him trying to take us back in. See what happens then!!

3. Captain Thunderbolt , Tuesday, May 16, 2023, 07:22:

Poor ole Sparky does not understand growth is not static but it’s fluid which have many factors determining the levels something are with government control and others not such thingscas the BOE having operational independence over monetary policy since 1997,

4. Ashley Great Britain , Tuesday, May 16, 2023, 07:23:

Sparky is like Benjamin butterworth.
Trying to refute everything and grind it down.
This report highlights the great news that the UK is stronger than Germany.
The Uk would be far better if we didn't have the poison of EU supporters in power.
They are the ones who are holding the country back by design.
How on earth can the Gov now think its a good idea to keep all EU law and directives.
It's been the same for decades, EU supporters are in charge running the show. The Uk Gov is quite powerless to stand up for it's self.
Britain is being run into the ground by arrogant, entitled elite's working for a foreign power. Our punishments are in full swing.

5. Sparky , Tuesday, May 16, 2023, 07:25:

2 NM. Comfortable life thanks, enjoying stunning views of most beautiful part of the world.
.
Brexit was made out to be easy, win win etc but it never was because people like Johnson and Farage over simplified and over promised. Now it someone else’s fault.
.
No to Starmer but unfortunately the likes of ERG and Johnson have hijacked the Cons party which will be in the wilderness for a long time. As for rejoin, not for a generation or two, we won’t get the rebate and will have to adopt the Euro. Brexit is causing damage, this piece by Facts4EU has shown it.

6. Major Graham Lear , Tuesday, May 16, 2023, 08:17:

I see Germany's problems first-hand. I drive a Volkswagen I have had them for years. The one I have now is five years, I usually keep them for three years and then I renew. However, due to not going out much during the pandemic, I decided to keep the car for a further two years.
This year I went to the usual dealer and ordered a new one, I expected a couple of months maybe three but I was shocked to learn that in February this year when I ordered the new car I would be lucky if I took possession next February. To put this into perspective the car I have now I ordered and I took possession of six weeks later.
Over the last year, I have been watching Germany very closely, I lived there for a number of years and enjoyed my stay there and made quite a few good friends. What I have seen is shocking and it should not have surprised me when I ordered my car that I would have to wait a year.
I use DW a German media platform to watch what is going on, if you think our NHS is bad then the German health service is even worse and its got to a point that the German Government are having to pump billions into it, Nurses, and doctorers are at their witts end, overworked and undervalued.
There is a real shortage of medicine, from Painkillers to Cancer drugs Pharmacists in Germany can't get hold of them.
Pawnbrokers are on the rise, even the rich are going to them and pawning their expensive cars and jewellery.
Foodbanks in Germany are in big trouble and are turning people away because their clients have more than doubled, the food they are giving out is sometimes rotten
There have been strikes after strikes and they are still going on From airports to across the whole industry
Last year one German economist on Twitter, twittered Good morning from Germany which is now the EUs official sick man of the EU
So am I still surprised about my car? NO, I am just surprised it's not a longer wait.

7. Sparky , Tuesday, May 16, 2023, 08:33:

Some Brexit headlines
.
.....The US has cornered the majority of trades in the $100tn euro swap market as the stand off between London and EU
.
.....Paris Fintech start ups boom. A growing number of startups are setting up in the city since Brexit
.
.....UK consumers paid as much as £1.1bn more on energy last year after losing access to European Union internal markets
.
UK in a Changing Europe published some very good, unbiased analysis titled "UK Trade in the Wake of Brexit".

8. Sparky , Tuesday, May 16, 2023, 08:45:

4 AGB. So scrap all EU laws, how will that help the economy, more powerful vacuum cleaners? Or is it workers rights you would get rid of.
.
Its Brexit that is holding our country back.
.
That's it for me today.

9. LuxuryBalloon , Tuesday, May 16, 2023, 08:56:

I am surprised Germany has not fallen of the economic cliff due to its reliance on Russian gas and the resulting societal unrest in response to energy-rationing policies last winter.

10. Gazzablack , Tuesday, May 16, 2023, 09:39:

8, sparkless
Come on sparkless, explain to everyone how a UK political party could win a General Election on a manifesto of 'getting rid of workers rights'?
Explain how they could get that through parliament, and not then be blocked by the HOL without it being included in an election manifesto.
.
Any and EVERY law of importance to the UK has already been transposed into UK law, and now come under the authority of UK ministers instead of EU commissioners.
The remaining need to be repealed to remove the authority of the EU, otherwise we are still answerable to the laws of a foreign construct.
And that's not acceptable.

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