The European Union is now third after China and the United States by the purchasing power parity GDP following Brexit, Russia’s ex-finance minister and head of the Center for Strategic Research Alexei Kudrin said, Tass reported. “Brexit changes the order of global leaders: the European Union becomes third ($16.5 trillion) by PPP GDP and leaves the second place with $19.2 trillion.” China ($19.39 trillion) and the US ($17.95 trillion) are first and second respectively, Kudrin said.