Brexit: What The European Union Loses

1,317 days since the nation went to the polling booths and voted to leave the European Union, ‘Brexit Day’ is finally here.

A lot has been written, forecast and argued about what the effect on the UK will be once it is finally out of the EU, but in this infographic, Statista’s Martin Armstrong looks at it from the other side.

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Once the transition period comes to an end on 31 December 2020, the EU will once and for all lose 13 percent of its total population.

Economically, 15 percent of GDP will now also be on the outside of the union.

The UK’s significant gross contribution to the EU budget will of course also be gone, making for a loss of 12 percent.