Tag Archives: eurozone

Government Debt as a Percentage of GDP

Government Debt as a Percentage of GDP

Using data from Eurostat, we identified the top 10 European countries with the highest government debt as a percentage of GDP. The chart above shows that as of the third quarter of 2012, the latest period for which quarterly data is available, Greece, Italy, and Portugal had the highest government debt ratio. Ireland was close behind Portugal, with a ratio that has been increasing at the fastest rate out of all the countries in the list. Cyprus, which has been in the news lately due to problems in its banking sector, had a debt ratio not much higher than Germany.

Source: Eurostat

The Presence of McDonald’s Across the World

click to enlarge

One of the companies that symbolizes the dominance of US. corporations across the world is McDonald’s. McDonald’s is the second largest fast food chain in the world, according to a Nasdaq report for 2011, with more than 33,510 restaurants in 119 countries spread across all five continents.

The U.S. has the largest number of McDonald’s restaurants (13,381), followed by Japan (3,598), Canada (1,400), Germany (1,276), UK (1,250), and China (660).

The price of a McDonald’s burger is different in each country. According to the graph above, the most expensive ones can be found in Norway ($7.18), Denmark ($5.93), Iceland ($5.21), and in the Eurozone ($4.96). By comparison, the price of a McDonald’s burger in the U.S. is $3.57. These prices have been calculated using the Big Mac index published by The Economist, in order to measure the Purchasing Price Parity (PPP) between two currencies.

Resources:

  1. American Icons Temple: A Market-Dominant Minority that is McDonald’s
  2. Nasdaq: Subway tops McDonald’s for number of stores in world
  3. United States Securities and Exchange Commission – Form 10-K: McDonald’s Corporation
  4. The Economist: Big Mac Index

 

The Best and Worst Places to be Born in 2013

Back in 1988, the United States was ranked first as the best country to be born. Twenty five years later, the U.S. is ranked number 16.

The Economist Intelligence Unit compiled the where-to-be-born index which measures which country will provide the best opportunities to someone born in 2013. It links the results of life satisfaction surveys to indicators that affect the quality of life in those countries, such as geography, demographics, culture, government policies, the economy, etc.

Based on those factors, the best places to be born are Switzerland, Australia followed by Norway, Sweden Denmark, and Singapore. At the bottom of the list you will find Nigeria, Kenya, Ukraine, Bangladesh, Angola, Pakistan, among others.