Soaring debts and plummeting stocks – the financial state of world hasn’t changed a lot in the last years. With debt levels continuing to rise, and economic activity stagnating, the impact appears to lead to yet another financial crisis (isn’t it the same crisis that we are in for three years now?). The following cartogram shows the countries of the world resized to their total public debt in 2011 as estimated by the IMF (data taken from the World Economic Outlook 2011, with additional data from EUROSTAT and other IMF publications). To put the total values into perspective, the countries are coloured by the public debt to GDP ratio (see below for a worldmapper-coloured version of the same map). The small reference map shows the estimated GDP output in 2011, allowing a comparison of global distribution of public debt and the distribution of economic activity:
Tag Archives: worldmapper
The World of America’s Debt
The financial crisis continues to make it into the headlines. Mountains of debt piled up by the world’s wealthiest nations (as shown in this map) stir up the financial markets and indicate that political measures since the early days of the economic meltdown in 2008 had little impact or simply were too meaningless to induce a real change into the mechanisms of the markets. The EU keeps struggling to calm investors over fears of yet another country going bust while on the other side of the pond the rating agencies start playing games with the world’s largest economy. As the NYT explains, The rating agency thinks the United States has too much debt, or at least will: “Under our revised base case fiscal scenario — which we consider to be consistent with a AA+ long-term rating and a negative outlook — we now project that net general government debt would rise from an estimated 74 percent of G.D.P. by the end of 2011 to 79 percent in 2015 and 85 percent by 2021.” (read more about credit agency ratings in the A ‘AAA’ Q. and A.). After some brief debates about credit agencies not long ago, these discussions seem to have disappeared again, and the old mechanisms of nervous investors and even more nervous decision makers, like it always did in the last three years.
At the same time an emerging super power starts to find its own political voice against its perhaps largest rival: After years of growing economic dominance, China seems to gain confidence in confronting the USA with bold statements. As the largest holder of US debt, they may start to worry with the investors’ decline in trust in America, causing China to warn America over its addiction to debt.
The current American debt levels did not come out of the blue, but have long started piling up, as a look at the development of US debt over the last decade shows: The total national debt of the United States is at $14.3 trillion this year, up from $5.8 trillion in 2001. Particularly interesting for the global markets is the external debt that the USA owes to foreign holders outside the country. Here George W. Bush took over approximately $1 trillion in foreign debt from the Clinton administration (Bill Clinton managed to induce a reduction in national debt levels in his second term). After a short period in which this downward trend continued, foreign US debt started to rise after September 2001, and Bush handed over more than $3 trillion of National debt to Barak Obama in 2009, with a considerable trend upwards since the financial crisis hit the nation in 2008. Only recently this upward trend started to level off slightly, and foreign debt is now just below $4.5 trillion. Besides China, as the largest single holder of foreign US debt, the liabilities are spread around the globe, with a considerable amount of debt being held by some of the other indebted economies such as the United Kingdom (as the country with the largest external debt of European countries). The following map shows the countries of the world resized according to the total amount of US treasury securities that are held in that country. It uses the most recent data published by the US Treasury:
7 Billion
On July 11, 1987 the world population reached an unprecedented 5 billion, which was acknowledged with the establishment of World Population Day on that day ever since then. With the world’s population believed to reach 7 billion some time this year, this will obviously be a symbolic day (like it was back in 1987). But nobody knows how many of us are there exactly on this planet, and the number is constantly changing anyway. A nice animation of global statistics is shown in Worldometers, a website which turns all kinds of global statistics into live counts based on the estimated changes; at the time of writing this, the world population according to that website was at exactly 6,976,723,755…785…843…and counting; we also welcomed more than 208,000 new citizen to this planet while we also had to say goodbye to more than 95,700. Well, this is what World Population Day apparently is about: Making us think about the significance of population trends and related issues.
The worldmapper contribution to this year’s world population day is an updated version of the world population cartogram. The new map shows the countries of the world resized according to the total number of people living in each country in 2011 (using UNPD estimates). In a quick update, the world’s newest country South Sudan is also integrated in this map, so that this is the most recent population view that one can get of today’s countries:
Seeing the world through British eyes
A couple of months ago I looked into the global news coverage of the British Guardian newspaper which showed the distorted world views that we get from the printed media. Now a new media report by the International Broadcasting Trust and the University of East Anglia shows how British television viewers see the world according to the international coverage on the program (“Outside the box: How UK broadcasters portrayed the wider world in 2010 and how international content can achieve greater impact with audiences” by Martin Scott with Sandra Milena Rodriguez Rojas and Charlotte Jenner).
The foreword of the report says:
This research reveals how the nature of international factual coverage has remained remarkably static over time. Although individual producers and commissioners do not set out to reproduce the same view of the world on television each year, this study reveals that the combined result of all of those individual commissioning decisions, amongst all broadcasters, is to produce factual programmes that cover broadly the same topics, in the same formats, featuring the same parts of the world, every year.
Read more about the media report on Martin’s media blog and in the Guardian.
In collaboration with Martin Scott, the principal author of the report, I have created some worldmapper-style maps depicting the statistics used for this report. The following map is part of this map series, showing the amount of new factual programming received by different countries on British television in 2010:
World Malaria Day
The term ‘malaria’ comes from the medieval Italian ‘mala aria’ meaning ‘bad air’. The term was coined at a time before the mosquito had been identified as the carrier of the parasite. (Worldmapper)
April 25 is World Malaria Day which raises awareness for a still prevalent disease. While some significant efforts could be made to come closer towards the goal of eradicating Malaria-related deaths until 2015, still an estimated 800,000 people die every year from the disease according to the World Malaria Report 2010. According to UNICEF, Malaria is the third single biggest killer of Children globally, and about 90% of these deaths occur in Africa. One in six of the
In collaboration with UNICEF I have worked on an updated version of the Worldmapper Malaria Death map, using the WHO report and UNICEF figures to visualise the distribution of Malaria-related deaths. The figures were also added to the Guardian Datastore which also has more information about Malaria cases in general and the collection of such data.
The resulting map shows the distribution of recorded deaths that were attributed to Malaria, and it shows the ongoing dominance of Malaria being a lethal problem on the African continent:
The UNICEF Press Release adds this information: Continue reading
Walking Dead: Capital Punishment
Amnesty International has recently released their latest report on executions and sentences around the world during 2010 (pdf) stating that ” it is clear that countries using the death penalty are now increasingly isolated” (see also here, the underlying data has also been added to the Guardian Datastore).
The following two maps show a worldmapper-style view of the state of death penalty using figures from the time of 2007 to 2010 out of the above mentioned sources. There are two pictures that can be drawn from the data: The first map shows the countries of the world resized according to the total death penalty sentences recorded there in that time period (the map inset shows the state of death penalty around the world on a conventional map). The second map visualises the actually executed death penalties from 2007-2010 by resizing the countries accordingly (the map inset here shows a world population cartogram that allows a comparison of the main map with the actual population distribution).
In both maps the figures for China are uncertain and estimated to be in the thousands. China has been set to 1000 in both maps and may thus appear much smaller than it actually is related to this topic.
The two maps with their very distorted shape of the world show how divided the world is in this topic. Very few countries dominate the map while the majority of countries disappear completely. Europe and South America are literally eradicated, and when looking at the actually executed death penalties in the second map, even more countries vanish:
