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Visualize the Entire Global Economy in One Chart (America punching above her weight again)
How Much ^ | 10 October 2018 | Raul

Posted on 03/24/2019 8:18:25 AM PDT by DoodleBob

Last week President Trump announced a landmark new trade agreement replacing NAFTA, a deal that he thinks will pour “cash and jobs” into the US economy. We don’t want to debate the merits of Trump’s approach to trade, but the world should always pay attention when the leader of the world’s largest economy starts talking about tariffs. Our newest visualization highlights exactly how big the U.S. economy is compared to the every other country in the world.

Our visualization neatly slices the latest 2017 GDP numbers from the World Bank, released on 21st of September 2018, a few different ways. The underlying idea is that GDP is not a zero-sum game, meaning the pie can continue to grow for every country in the world and not just a few. Each slice represents the total economic output, or GDP, of a country in 2017, the latest year for which definite and complete data are available. The color corresponds to its geographic location, and we included the percentage of the world’s economy each country makes up for easy references. This lets you immediately see which countries and continents dominate the world economy, and which ones lag way behind.

(Excerpt) Read more at howmuch.net ...


TOPICS: Business/Economy
KEYWORDS: americarocks; globalgdp; visualization
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America comprises about 4% of the global population. And yet, for all of her (real and imagined) problems, punches well above her weight in terms of economic output. Furthermore, US equity markets comprise about 40% of the global capitalization. Indeed, many of her states' economies rival those of other nations:

It's also worth noting that the US' citizenry - again, about 4% of the world's total - holds about 46% of the total firearms globally.

As I said, we're not without blemish. There are lots of things that need to be fixed. However, on this Sunday, let's take a moment and be thankful for the abundance we have, the wind we have at our backs, and the potential waiting to be unleashed.

1 posted on 03/24/2019 8:18:25 AM PDT by DoodleBob
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To: DoodleBob

I’m sure the Democrats will say this success is all due Obama waving his magic wand and bringing jobs back to the US....oh wait, he said Trump must have a magic wand if he thinks he can do that. Wrong again Owrongo.


2 posted on 03/24/2019 8:24:09 AM PDT by antidemoncrat
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To: DoodleBob

Where are the 25% tariffs Trump promised us?


3 posted on 03/24/2019 8:25:56 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: DoodleBob

Back in the early 1970’s the Soviet Union would have dominated that graphic. Where are they now?


4 posted on 03/24/2019 8:29:49 AM PDT by Moonman62 (Facts are racist.)
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To: antidemoncrat
To be fair, this data are at the end of 2017 so it doesn't fully reflect integration of the Trump Train. That said, the equity markets certainly jumped after the 2016 election.

My point isn't necessarily pro or anti-Trump or even Obama or any president for that matter. Government can foster or hinder the environment in which the people exercise their calling in life. Presidents certainly impact the nation, but it is her people more than government that drive the economic engine. I never slowed down during Obama or Clinton and I didn't speed up under Bush or Trump. These data help with the thesis that America is peopled with vibrant, industrious, and hard-working individuals which haven't been eclipsed by ANY other nation in terms of economic output or prosperity.

5 posted on 03/24/2019 8:34:49 AM PDT by DoodleBob (Gravity's waiting period is about 9.8 m/s^2)
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To: DoodleBob

Really neat. Thanks for posting.


6 posted on 03/24/2019 8:35:18 AM PDT by laplata (The Left/Progressives have diseased minds.)
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To: DoodleBob

“It’s also worth noting that the US’ citizenry - again, about 4% of the world’s total - holds about 46% of the total firearms globally.”

A respectable number but we can do better. Let’s get it above 50%!


7 posted on 03/24/2019 8:36:27 AM PDT by gibsonguy
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To: Moonman62
Back in the early 1970’s the Soviet Union would have dominated that graphic. Where are they now?

Right in the lumberyard.

8 posted on 03/24/2019 8:37:16 AM PDT by DoodleBob (Gravity's waiting period is about 9.8 m/s^2)
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To: DoodleBob

“They punch above their weight”

https://www.youtube.com/watch?v=iiId-VGrqqQ


9 posted on 03/24/2019 8:44:39 AM PDT by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: central_va

And what’s really going on along the southern border?


10 posted on 03/24/2019 8:47:32 AM PDT by onedoug
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To: DoodleBob

Russia’s 1.99% is mostly from oil and gas production. Without that it would be less than the Netherlands.


11 posted on 03/24/2019 8:54:41 AM PDT by Gideon7
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To: laplata

Agreed,
Our Slice of the Pie!


12 posted on 03/24/2019 9:20:00 AM PDT by Big Red Badger (Despised by the Despicable!)
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To: Big Red Badger

And that is for 2017, before the Trump policies really kicked in.


13 posted on 03/24/2019 9:58:18 AM PDT by laplata (The Left/Progressives have diseased minds.)
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To: DoodleBob

it is called data visualization.
My son is in to this and is making a good living from it.
Good job DoodleBob.


14 posted on 03/24/2019 10:32:12 AM PDT by Joe Boucher ( Molon Labe' baby, Molon Labe)
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To: DoodleBob
All that first graph shows is how much we've stolen from the rest of the world

/ bitter, "I hate Liberal propaganda" sarc

15 posted on 03/24/2019 10:36:48 AM PDT by Hardastarboard (Three most annoying words on the internet - "Watch the video")
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To: DoodleBob

What gets me is the Dems brag about how many millions of jobs created under Obama but from what I’ve read, many were minimum wage jobs and a lot of folks were taking two jobs to make ends meet. Couple that with Obamacare, slashing the military, the Dodd/ Frank fiasco, Fast and Furious, Benghazi and the Iran Nuclear scam I’d say Obama and crew did a miserable job at governing.


16 posted on 03/24/2019 11:48:00 AM PDT by antidemoncrat
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To: DoodleBob

Imagine this country with all the socialists and muslims and illegals all gone, not allowed to return.

Welcoming in people who respect our laws and come here legally, through our laws that are much more lax than their home countries, welcoming in people who will integrate and assimilate as opposed to balkanizing and demanding special changes to accomodate tgem. Welcoming in people who will preserve our form of government rather than those using socialist hegelian dialectic and alinsky tactics to destroy it while falsely calling it “progress”.


17 posted on 03/24/2019 12:14:47 PM PDT by Secret Agent Man (Gone Galt; Not Averse to Going Bronson.)
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To: DoodleBob

bump


18 posted on 03/24/2019 12:33:37 PM PDT by Albion Wilde ("Our rights are not given to us by man. Our rights come from our Creator." --Donald J. Trump)
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To: Joe Boucher

While I would LOVE this take credit for these visualization, they are from howmuch.net. In all candor, I love it when people make data come alive. Edward Tufte started this process decades ago. I am pleased to hear your son is doing well in this profession...we need more people like him to make the complex, simple.


19 posted on 03/24/2019 1:03:30 PM PDT by DoodleBob (Gravity's waiting period is about 9.8 m/s^2)
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To: gibsonguy

New Zealand’s descent into gun idiocy is a great opportunity for us....what if America offered to buy all their guns? It’s like a great big gun “buy back.”


20 posted on 03/24/2019 1:16:33 PM PDT by DoodleBob (Gravity's waiting period is about 9.8 m/s^2)
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