7.6 billion people producing an estimated global GDP of 131 trillion dollars (measured in purchasing power parity), that is the world in 2018. In its latest forecast, the International Monetary Fund predicts predicts a continuing global economic growth of 3.9%, while according to the United Nations Population Division an extra 83 million people will populate this planet (1.9% growth). The following two cartograms show, how the distribution of wealth and people looks this year by resizing each country according to the total number of people (top)/GDP output (bottom):
Tag Archives: economy
Home Ownership in Britain
Housing has always been a decisive and sometimes divisive political issue. Home ownership has of course long been an aspiration for many people, and in the post-war period between 1953 and 1971 the number of households renting and owning reached an equal level, as documented in official census statistics for England and Wales. Ownership then surpassed renting, reaching its peak in 2001 at 69%. In the decade that followed, this number went down to 64%. The following two maps show the ownership rate in the UK in a conventional and an equal population projection:
In Focus: Trade Inside the European Union
The outcome of the referendum over the United Kingdom’s membership of the European Union raises some crucial questions over the country’s economic relationship with the remaining 27 member states. Economic issues over trade were among the most heavily debated issues throughout the campaign. Now that the decision has been made, existing ties with the EU need to be carefully considered in any future trade relationship with the European Union. In a contribution for the “In Focus” section of Political Insight (December 2016, Volume 7, Issue 3) I mapped out Britain’s complex trading relations with the rest of the European Union and created a series of cartograms from the underlying statistics:
The World in 2016
The world is ever changing. This year, we live on a planet of 7.4 billion people who contribute products and services worth approximately US$80 trillion in nominal terms. However, population and wealth as measured in GDP activity are not distributed equally across the world which remains one of the challenges of our time. The following two cartograms illustrate this by highlighting where people are and where in contrast GDP wealth is made – the unequal distributions in our world today are quite obvious:
In Focus: Europe’s uneven development
The British debate about the United Kingdom’s membership in the European Union comes at a time in which the economic woes of the continent have not fully overcome yet. In an article for the “In Focus” section of Political Insight (December 2015, Volume 6, Issue 3) Dimitris Ballas, Danny Dorling and I looked at the changing regional economic geography of Europe.
Europe is in an economic crisis – but the crisis is felt in very different ways in different places. Official unemployment rates are high, especially in the south of Europe, but joblessness is very low in places, such as Germany
Rising high: A brief history of the housing market
House price monopoly would be a better name for what has turned into a defining political issue ahead of the 2015 general election. As the ONS states in its latest release of long-term housing sales data, “the average price of sold houses in England and Wales has more than doubled since 1995” and “nearly a million properties were sold in 2013.” The dynamics of the housing market is about more than people looking for a place to live. It has become a substantial part of the British economy.
The following cartogram animation puts this trend into a vivid perspective. It shows the absolute value of all housing stock sold in a year for the regions of England as well as the boroughs of London, which itself becomes ever more dominant over the past two decades. Only in economic weaker times it loses some of its pace compared to the rest of England, but stays way ahead of any other region. The animation also takes the absolute value displayed in each map into account by resizing England according to the total value represented in each map, so that the full cartogram itself grows (and shrinks after the crash in 2008) over time:
