Global Attitudes About the Economy

global attitudes about the economyA survey conducted by the Pew Research Center in 39 nations, regarding attitudes about the state of the economy in the respondents’ respective countries, yielded interesting results.

Respondents in emerging economies are the most optimistic. A median of 53% believe their economy is doing well, specially in China and Malaysia. In contrast, respondents in developed economies are the most pessimistic. A median of only 24% say their economy is doing well. European nations such as Greece, Italy, Spain, and France are the most pessimistic of all.

In the case of developing economies, some are somewhat optimistic (Philippines and Bolivia), and other not so much (Tunisia and Lebanon).

Source: Pew Research Global Attitudes Project: Widespread Dissatisfaction with Economy

Read full report: Pew Research Global Attitudes Project: Economies of Emerging Markets Better Rated During Difficult Times

 

The Most and Least Racially Tolerant Countries

racial-tolerance-mapA survey conducted by two Swedish economists asked respondents in 80 countries what kind of people they would not like as neighbors, to which many replied “people of a different race”.

The results from that survey are displayed in this map published by the Washington Post. According to the survey, people in English-speaking, Scandinavian, and Latin American countries are the most racially tolerant, with the exception of Venezuela. South Africa shows to be a tolerant country, while the attitudes in Europe show a lot of variation. People in countries such as France, Turkey, India, Jordan, Saudi Arabia, Egypt, Nigeria, South Korea, and Indonesia are the least racially tolerant.

 

Key Commodities and Emerging Markets

emerging market dominate commoditiesCommodities are raw materials essential for the production of more complex products. Commodities fall into three large categories: agricultural, energy, and metals.

According to this visualization, emerging economies (Brazil, Russia, India Indonesia, China, South Africa, etc.) have the largest reserves of certain key energy and metal commodities such as oil, coal, copper, cobalt, iron ore, molybdenum, nickel, zinc, and aluminum.

Source: Business Insider: 36 Maps That Explain The Entire World

 

Gasoline Spending by State in the U.S.

gas guzzlers mint finalMint.com tracked how much its users spend on gasoline in one month, and how many times they visit the pump in the same period across the United States.

On average, Americans spend $177 on gas in single month, making an average of 6 visits to the pump, and spending an average of $32 in each transaction.

San Jose (California) stands out as the city where Mint users spend the most on gas, an average of $216 in a single month. Other cities where Mint users spend a lot on gas include Birmingham (Alabama), Jacksonville (Florida), Phoenix (Arizona), and Charlotte (North Carolina) to name a few. In contrast, in cities like New York, Brooklyn (New York), and Washington D.C., which have a good public transportation system, the gas bill is between $102 and $112 per month.

Source: Mint: Gas Guzzlers

 

The 50 Largest Ports in the World

worlds 50 largest portsEvery day finished goods and commodities are transported  by sea in shipping containers from one port to another across the globe. Standard shipping containers measure 20 feet long by eight feet wide, hence they receive the name of “Twenty-foot Equivalent Units” or TEUs.

The largest port in the world is in Shanghai (China) which saw a volume of 31.74 million TEUs of cargo freight passing through its port in 2011. Shanghai is followed by Singapore (Singapore) which saw a volume of 29.94 million TEUs passing through its port for the same year. Singapore is followed by Hong Kong, Shenzhen (China), Busan (South Korea), Ningbo, Guangzhou, and Qingdao (China), Dubai Ports (United Arab Emirates), and Rotterdam (Netherlands), all in the top ten.

For the interactive map, that allows you to explore each one of the largest 50 ports in the world, visit: The Smithsonian: Interactive: The 50 Largest Ports in the World

 

Percentage of the Population Living on $2 or Less a Day

surviving on a few dollars per day worldMIT economists Abhijit V. Banerjee and Esther Duflo, conducted surveys in developing nations to see which countries survive on a few dollars per day. The cities or countries where people are known to live on meager dollar amounts on a daily bases are not that surprising, but the percentage of the population living under these conditions is.

In Udaipur and Hyderabad (India) a staggering 94% of the population survive on $2 or less per day. In Bangladesh, 69.4% go on $2 or less per day. In Ghana, 67.7% survive on $2 or less per day. In Guatemala, 64.8% of the population survive on $2 or less per day.

Source: GOOD: Living on Less

 

The World’s Largest Oil Reserves by Country

strategic oil reserves worldOil reserves are the amount of oil that can be technically and economically recovered from the ground.

Nations with the world’s largest oil reserves include Saudi Arabia, Venezuela, Iran, Iraq, Kuwait, United Arab Emirates, Russia, and Libya. Saudi Arabia, holds an approximate 234.5 billion barrels of oil reserves, and it has the largest market share for oil production after Russia. Saudi Arabia is followed by Venezuela, with an estimated 211.0 billion barrels of oil reserves, although its current oil production market share is only 3.2%.

By comparison, the United States has an estimated 30.9 billion barrels in oil reserves, and  8.7% market share in oil production.

Source: Spiegel Online: A World without Oil: Companies Prepare for a Fossil-Free Future

 

Condom Imports by Country

One of our visitors asked us if we had statistics on condom imports so we started looking through our trade section and found the data somewhat hidden under the category “sheath contraceptives of vulcanised rubber”. Anyway, the graph below shows the top 25 countries ranked by the value of their condom imports. You may also want to check our data on condom exports. Are you surprised by the rankings?

Condom imports by country

Women in the Workforce by Country

women and equality worldIt has been said, that if women participated in the workforce more actively, like their male counterparts, the Gross Domestic Product (GDP) of those countries would be higher.

However, most countries, including some developed nations do not have policies in place that support women’s participation in the workforce, such as access to education, credit, employment, paid maternity leave or child care.

Countries with the highest economic success for women (measured in terms of equality of pay, degree of inclusion in the workforce, and career advancement), that offer the best policies for supporting women in the workforce include Norway, Australia, Sweden, Finland, Germany, Belgium, and Iceland.

Countries with the lowest degree of economic success that have few policies (or none) that support women in the workplace include Chad, Sudan, Yemen, Pakistan, Syria, Saudi Arabia, among others.

women and equality world 2Some interesting facts about the success of women in the workplace and the policies in place to support them in certain countries can be seen in the graphic above.

Source: Harvard Business Review: Vision Statement: Women and the Economics of Equality

 

Crude Oil Exports and Imports by Country

crude net balance by countryVast quantities of crude oil are exported and imported each year. Some countries are net exporters (their oil exports are larger than their oil imports), and some are net importers (their oil imports are larger than their exports).

In this visualization by Data Driven Consulting, we can see that the United States was the largest net importer of crude oil in 2009. Other net importer countries include China, India, Japan, South Korea, Germany, Belgium, Italy, UK, Spain, Singapore, and Australia.

Among the net exporters of crude oil we find Russia, Saudi Arabia, Iran, Iraq, Norway, Venezuela, Mexico, and Canada.

For the full-size interactive dashboard, visit: Tableau Public: Exporters and Importers