Author: Freny Fernandes

Charted: The World’s Aging Population from 1950 to 2100


This post is by Freny Fernandes from Visual Capitalist


World's Aging Population

Charted: The World’s Aging Population from 1950 to 2100

As demographics continue to shift in the 21st century, the world’s aging population will continue to be a focal point for many global decision makers.

Most countries around the world have experienced population explosions, or are about to. Combine this with declining birth rates and falling mortality rates, and it’s clear that the global senior population will continue to reach new heights.

These graphics by Pablo Alvarez use data from the 2022 UN World Population Prospects to visualize this increasing aging population across countries.

The World’s Aging Population from 1950 to 2100

In 2022, there were 771 million people aged 65+ years globally, accounting for almost 10% of the world’s population.

This segment has been growing at an increasing rate, and it’s expected to hit 16% in 2050, and eventually 24% by 2100. Here’s what that’s projected to look like, for every country and territory.

Country by Population Aged +65 Years195020222100
🇦🇫 Afghanistan2.85%2.39%16.03%
🇦🇱 Albania6.04%16.66%49.08%
🇩🇿 Algeria3.49%6.39%28.83%
🇦🇸 American Samoa2.38%7.27%45.41%
🇦🇩 Andorra10.02%14.98%37.04%
🇦🇴 Angola2.93%2.6%12.07%
🇦🇮 Anguilla3.69%10.71%37.49%
🇦🇬 Antigua and Barbuda4.14%10.63%35.4%
🇦🇷 Argentina4.13%11.92%31.79%
🇦🇲 Armenia8.17%13.15%36.13%
🇦🇼 Aruba1.77%16.15%36.51%
🇦🇺 Australia8.17%16.9%31.38%
🇦🇹 Austria10.42%19.81%33.93%
🇦🇿 Azerbaijan6.89%7.11%30.5%
🇧🇸 Bahamas4.76%8.89%29.58%
🇧🇭 Bahrain2.88%3.76%21.89%
🇧🇩 Bangladesh3.9%6.04%32.56%
🇧🇧 Barbados5.24%16.28%33.19%
🇧🇾 Belarus8.24%17.18%30.45%
🇧🇪 Belgium11.03%19.73%32.83%
🇧🇿 Belize3.57% (Read more...)

Charted: The Number of Democracies Globally


This post is by Freny Fernandes from Visual Capitalist


democracies around the world

Charted: The Number of Democracies Globally

The end of World War II in 1945 was a turning point for democracies around the world.

Before this critical turning point in geopolitics, democracies made up only a small number of the world’s countries, both legally and in practice. However, over the course of the next six decades, the number of democratic nations would more than quadruple.

Interestingly, studies have found that this trend has recently reversed as of the 2010s, with democracies and non-democracies now in a deadlock.

In this visualization, Staffan Landin uses data from V-DEM’s Electoral Democratic Index (EDI) to highlight the changing face of global politics over the past two decades and the nations that contributed the most to this change.

The Methodology

V-DEM’s EDI attempts to measure democratic development in a comprehensive way, through the contributions of 3,700 experts from countries around the world.

Instead of relying on each nation’s legally recognized system of government, the EDI analyzes the level of electoral democracy in countries on a range of indicators, including:

  • Free and fair elections
  • Rule of law
  • Alternative sources of information and association
  • Freedom of expression

Countries are assigned a score on a scale from 0 to 1, with higher scores indicating a higher level of democracy. Each is also categorized into four types of functional government, from liberal and electoral democracies to electoral and closed autocracies.

Which Countries Have Declined the Most?

The EDI found that numerous countries around the world saw (Read more...)

Ranked: Top 10 Cities Where International Travelers Spend the Most


This post is by Freny Fernandes from Visual Capitalist


Top Cities for International Travelers Spending

Top 10 Cities Where International Travelers Spend the Most

When it comes to travel, some tourists spare no expense. And some cities are well suited to attract them.

From the luxurious desert city of Dubai to the city of light and love, Paris, many international travelers today are looking to tick the crème de la crème of destinations off their bucket lists. In some cases, they’re seeking out the opulent experiences they missed out on when the pandemic brought the world to a halt.

In this graphic, we use the latest research by the World Travel and Tourism Council (WTTC) to highlight the top 10 cities where international travelers spent the most in 2022.

Cities of Opulence

Last year, Dubai took top spot, followed by nearby Doha, Qatar.

RankCityCountry / RegionIncome from International Tourists (2022)
#1Dubai🇦🇪 UAE$29.42B
#2Doha🇶🇦 Qatar$16.79B
#3London🇬🇧 UK$16.07B
#4Macau🇲🇴 Macau SAR$15.58B
#5Amsterdam🇳🇱 Netherlands$13.59B
#6Istanbul🇹🇷 Türkiye$13.13B
#7Barcelona🇪🇸 Spain$12.73B
#8New York🇺🇸 U.S.$12.45B
#9Singapore🇸🇬 Singapore$10.97B
#10Paris🇫🇷 France$9.76B

Singapore and Macau represented East Asia, and New York was the sole city from the Americas on the list.

It’s worth noting that this list differs somewhat from overall tourism spending, which would include domestic travel spending as well. Large countries like the United States and China fare better in that ranking.

City Spotlight: Destinations Favored by Big Spenders

When you think of luxury travel, you think of five-star (Read more...)

Big Oil Profits Reached Record High Levels in 2022


This post is by Freny Fernandes from Visual Capitalist


This visual highlights the five big oil companies that doubled their individual profits and earned a combined profit of over $200 billion in 2022.

Big Oil Profits Reached Record High Levels in 2022

Last year was a great year for oil companies.

Global crude oil prices had already escalated as global economies began recovering, and demand increased after the onset of the COVID-19 pandemic. Russia’s invasion of Ukraine shot these prices further up as fossil fuel trade fell under the microscope.

In this graphic, Vipul Sharma of Mastermind Investor uses accumulated earnings data from Energy Monitor to highlight the five companies that made a cumulative profit of over $200 billion in 2022.

The Five Big Oil Winners

Within the span of one year, the five Big Oil companies ⁠— ExxonMobil, Chevron, Shell, BP, and TotalEnergies ⁠— more than doubled their profits.

CompanyProfit 2021Profit 2022
ExxonMobil$23B$59.1B
Shell$19.3B$39.9B
Chevron$15.6B$36.5B
TotalEnergies$18.1B$36.2B
BP$12.8B$27.7B

Securing a total profit of $59.2 billion, U.S. oil giant ExxonMobil recorded the highest total of the lot. In 2021, the company’s profits were $23 billion or less than half of 2022’s haul.

It was joined by Chevron, whose profits rose by over 134% to $36.5 billion, and Shell, whose profit of $39.9 billion was the highest in the company’s 115-year history.

Where Will This Money Go?

One of the main focuses of the COP27 conference in Egypt last year was the global attempt to phase down fossil fuels and move to clean energy.

So far, these massive profits have largely gone to stock buybacks and reinvesting in shareholders. With lower (Read more...)

Which Countries are Granted the Most New Patents?


This post is by Freny Fernandes from Visual Capitalist


Click to view this graphic in a higher-resolution.

Which Countries are Granted the Most New Patents?

Which Countries are Granted the Most New Patents?

Every year, the UN’s World Intellectual Property Organization (WIPO) tracks hundreds of thousands of patents across industries.

These patents grant their inventors exclusive intellectual property rights over their creations. They encourage new ideas, spur scientific development, and lead to new technologies and entire sectors being born.

However, the number of patents granted varies greatly across nations. When viewing the origin of each patent’s applicant, we see a handful of countries dominating certain industries.

In this graphic, Jacqueline Ann DeStefano-Tangorra uses 2021 WIPO data to showcase which countries were granted the most new patents, along with their sector categorizations.

Countries with the Most New Patents

In 2021, out of 1,608,375 patents across multiple fields, 87% were granted to innovators from just six countries.

Applicants by CountryGranted Patents (2021)% of Total
🇨🇳 China607,75837.8%
🇺🇸 United States286,20517.8%
🇯🇵 Japan256,89016.0%
🇰🇷 South Korea156,9729.8%
🇩🇪 Germany69,6724.3%
🇬🇧 United Kingdom20,0091.2%
❓ Unknown24,6771.5%
🌎 Other Countries186,19211.6%
World Total1,608,375100.0%

After rapidly increasing its patent output in recent years, China topped the chart in 29 out of 36 total fields including computer technology, electrical machinery, and digital communication. The Chinese government’s focus on innovation led to the nation’s applicants receiving 38% of the 1.6 million patents granted in 2021.

The United States—home to the world’s largest tech companies—came in second with 286,205 granted patents by origin. The (Read more...)

Which Countries are Granted the Most New Patents?


This post is by Freny Fernandes from Visual Capitalist


Click to view this graphic in a higher-resolution.

Which Countries are Granted the Most New Patents?

Which Countries are Granted the Most New Patents?

Every year, the UN’s World Intellectual Property Organization (WIPO) tracks hundreds of thousands of patents across industries.

These patents grant their inventors exclusive intellectual property rights over their creations. They encourage new ideas, spur scientific development, and lead to new technologies and entire sectors being born.

However, the number of patents granted varies greatly across nations. When viewing the origin of each patent’s applicant, we see a handful of countries dominating certain industries.

In this graphic, Jacqueline Ann DeStefano-Tangorra uses 2021 WIPO data to showcase which countries were granted the most new patents, along with their sector categorizations.

Countries with the Most New Patents

In 2021, out of 1,608,375 patents across multiple fields, 87% were granted to innovators from just six countries.

Applicants by CountryGranted Patents (2021)% of Total
🇨🇳 China607,75837.8%
🇺🇸 United States286,20517.8%
🇯🇵 Japan256,89016.0%
🇰🇷 South Korea156,9729.8%
🇩🇪 Germany69,6724.3%
🇬🇧 United Kingdom20,0091.2%
❓ Unknown24,6771.5%
🌎 Other Countries186,19211.6%
World Total1,608,375100.0%

After rapidly increasing its patent output in recent years, China topped the chart in 29 out of 36 total fields including computer technology, electrical machinery, and digital communication. The Chinese government’s focus on innovation led to the nation’s applicants receiving 38% of the 1.6 million patents granted in 2021.

The United States—home to the world’s largest tech companies—came in second with 286,205 granted patents by origin. The (Read more...)

How Gen Z Feels About Its Financial Future


This post is by Freny Fernandes from Visual Capitalist


Gen Z financial future

The Briefing

  • 4 in 5 Gen Zers believe they will be at least as financially successful as their parents
  • Gen Zers have a more positive outlook on their financial well-being than their millennial or Gen X peers

How Gen Z Feels About Its Financial Future

From rising costs of living to the effects of the pandemic, Gen Z was hit by multiple crises as soon as they stepped into the workforce.

To start, the rising cost of education and the resultant soaring student debt has many Gen Zers questioning the value of post-secondary education. Meanwhile, the widespread layoffs and economic uncertainty have them worried about stable employment. In addition, anxiety around climate change is a very real factor affecting how younger generations view their future prospects.

A survey conducted by Morning Consult—visualized in the graphic above—found that while the Gen Z is feeling more uncertain about their financial future than ever, most believe that they will be financially better off than their parents, if not the same.

The table below highlights exactly how the Gen Z feels about its financial future.

Gen Z Repondent CategoriesBetter off than parentsSame as parentsWorse off than parents
Male39%43%18%
Female36%44%20%
White35%44%21%
Hispanic42%41%17%
Black46%40%15%
Other Races44%41%15%
Total38%43%19%

Breaking the Narrative: Gen Z’s Optimism

Gen Z is an optimistic and driven generation. Many young people in this generational cohort are turning (Read more...)

Mapping the World’s Highest Mountains, By Continent


This post is by Freny Fernandes from Visual Capitalist


Click to view this graphic in a higher-resolution.

World's highest mountains in each continent

Mapping the World’s Highest Mountains, By Continent

From the snow-capped Himalayas in Asia to the dormant Mauna Kea in Hawai’i, mountains have long been a source of fascination for humans.

They are geological marvels, sacred spaces, and the crowning glory of nature and nations. And while there are mountain ranges found all over the world, a few peaks quite literally stand out from the rest.

In this graphic, Arijit Gupta uses data from various sources including Wikipedia, Peakbagger, and EarthENV to highlight three mountains that crown each of the world’s continents.

1. Asia

With its highest three peaks all surpassing 8,000 meters, Asia has the highest mountains in the world in terms of absolute elevation.

MountainRangeHeight
Mount EverestHimalayas8,845m
K2Karakoram8,609m
KanchenjungaHimalayas8,586m

Towering over the Himalayas, the famed Mount Everest on the border of China and Nepal is the highest mountain peak on Earth by elevation. Climbers train for months and, at times, years to scale this challenging peak.

Not far behind Mount Everest is the Karakoram range’s K2 between Pakistan and China. While its peak is a little over 200 meters shorter than that of Everest, more inclement weather locally is said to make it a lot more dangerous to climbers.

The main peak of Kanchenjunga, another Himalayan mountain between India and Nepal, stands tall at 8,586 meters. While this peak is the third-highest in the world, its range comprises four other peaks that are not far behind.

2. South America

South America’s crowning peaks are seen along the Andes Mountain range, starting with the highest mountain peak in the Southern Hemisphere—Aconcagua.

MountainRangeHeight
AconcaguaAndes6,961m
Ojos del SaladoAndes6,893m
Monte PissisAndes6,793m

Located in Argentina, Aconcagua stands at a staggering height of 6,961 meters above sea level. It is also the highest mountain peak in the Americas.

Ojos del Salado on the Argentina–Chile border is a close second in height. This peak ranks as the highest volcano in the world, with its upper reaches containing lava domes, lava flows, and volcanic craters.

Another Argentinian mountain, Monte Pissis, stands merely 100 meters lower than Ojos del Salado. At an elevation of 6,793 meters, it is still the third-highest mountain in the Western Hemisphere.

3. North America

Unlike the continents above, the highest mountains in North America are spread out across a few different mountain ranges.

MountainRangeHeight
DenaliAlaska6,190m
Mount LoganSt. Elias5,959m
Pico De OrizabaTrans-Mexican Volcanic Belt5,636m

The U.S.’s Denali in the Alaska Range is the tallest mountain in North America at 6,190 meters. Formerly called Mount McKinley, Denali’s subarctic location and elevation is said to make it the coldest mountain in the world.

Located in Canada’s Yukon Territory, Mount Logan is the second-highest mountain in North America. Thanks to a process known as tectonic uplifting, it is actually still increasing in height by about 0.35 mm each year.

Mexico’s Pico de Orizaba, a dormant volcano, comes in third. Though it is part of the far-away Trans-Mexican Volcanic Belt range, all of the continent’s largest mountains are part of the North American Cordillera of connected mountain ranges.

4. Africa

Africa is home to three of the world’s highest peaks, and some of the most diverse mountain-side climates surrounding them.

MountainRangeHeight
Mount KilimanjaroEastern Rift5,895m
Mount KenyaEastern Rift5,199m
Mount StanleyRwenzori5,109m

Tanzania’s Mount Kilimanjaro is the highest peak in Africa and the highest freestanding mountain globally. Climbing Kilimanjaro is a unique experience, as it takes you through five different ecological zones including rainforests, moorlands, alpine deserts, and glaciers.

Meanwhile, Africa’s second-highest peak in Kenya, its namesake Mount Kenya, actually has three distinct summits. It’s a UNESCO World Heritage Site and home to various wildlife species, including elephants and hyenas.

Following close is the Rwenzori Range’s Mount Stanley. Located on the border between Uganda and the Democratic Republic of the Congo, it is locally believed to be a sacred site where ancestors reside on the mountain’s peaks.

5. Europe

The Caucasus Mountains at the edge of Eastern Europe contains the continent’s highest mountains.

MountainRangeHeight
Mount ElbrusCaucasus Mountains5,642m
Gora Dykh-TauCaucasus Mountains5,205m
ShkharaCaucasus Mountains5,193m

Mount Elbrus in Russia is number one with an elevation of 5,642 m. The mountain is a dormant volcano with a symmetrical double-cone shape, but since its most recent explosion was around 50 C.E., it is presently covered with snow and glaciers.

Nearby Goa Dykh-Tau is the second-highest mountain in Europe. It has a sharp, pyramid-like peak that rises sharply from its base, and is located just a few kilometers north of the Georgian border.

Just across the border on the southern side is Shkhara, the third-highest peak on the European continent. It is known for a distinctive double summit, with the western summit being slightly higher than the eastern one.

6. Oceania

While many of the above continents have high-ranking mountain peaks located in different countries, Oceania’s are all entirely within Indonesia on the island of New Guinea.

MountainRangeHeight
Puncak JayaSudirman4,884m
SumantriSudirman4,870m
Puncak MandalaJayawijaya4,760m

Oceania’s highest peak is Puncak Jaya, also known by other local names including Carstensz Pyramid, the mountain of which Puncak Jaya is a distinct summit. It’s the world’s tallest mountain on an island, and reaching its summit is a challenging climb due to its remote location and difficult terrain.

Decades ago, second-place Sumantri was known as Ngga Pulu, and was higher than Puncak Jaya. However, that changed due to glacial melting since the 1850s helped isolate and clarify the local peaks of Carstensz Pyramid. Today, Sumantri stands tall at 4,870 meters as the second-highest on the continent.

To the East in the Jayawijaya range, Puncak Mandala is third on this list. But as a freestanding mountain, it is sometimes considered to be the second-highest peak in Oceania, while Sumantri is disqualified as an offshoot peak of Carstensz Pyramid.

Bonus: Antarctica

Though they weren’t mapped, Gupta also included data for the mountains in Antarctica, which are unlike any other mountains on Earth.

These mountains are relatively low-lying and often completely covered in ice and snow.

MountainRangeHeight
Vinson MassifSentinel4,892m
Mount TyreeSentinel4,852m
Mount ShinnSentinel4,661m

The Vinson Massif contains the highest peak on Antarctica, known as Mount Vinson. Discovered in 1958, the mountain is a challenging climb with lots of icy terrain, and was the last of the Seven Summits to be ascended for the first time in 1966.

Mount Tyree is the second-highest on the continent and only 13 kilometers away from Vinson. It has an elevation just 40 meters shorter, but is also difficult to access.

Comparatively, Mount Shinn—the third-highest peak on the continent—is sometimes also summited by experienced mountaineers that come to Antarctica to climb Mount Vinson.

The post Mapping the World’s Highest Mountains, By Continent appeared first on Visual Capitalist.

U.S. Debt: Visualizing the $31.4 Trillion Owed in 2023


This post is by Freny Fernandes from Visual Capitalist


The size of U.S. Debt in 2023 visualized using $1 bills

U.S. Debt: Visualizing the $31.4 Trillion Owed in 2023

Can you picture what $31.4 trillion looks like?

The enormity of U.S. government debt is hard for the average person to wrap their head around. For instance, compared to the median U.S. mortgage, the current level of federal debt is 230 million times larger.

In this graphic, Julie Peasley shows how many one-dollar bills it would take to stack up to the total U.S. debt of $31.4 trillion.

How Did U.S. Debt Get So High?

U.S. national debt is how much money the federal government owes to creditors. When the government spends more than it earns, it has a budget deficit and must issue debt in the form of Treasury securities.

The U.S. has run a deficit for the last 20 years, substantially increasing the national debt. In fact, according to the Department of the Treasury, the current debt is $31.4 trillion.

Stacked up in one-dollar bills, the U.S. debt would be equivalent to almost eight of Chicago’s 110-story Willis Tower.

YearOutstanding DebtYear-Over-Year Increase
2023*$31.4T2%
2022$30.9T9%
2021$28.4T6%
2020$26.9T19%
2019$22.7T6%
2018$21.5T6%
2017$20.2T3%
2016$19.6T8%
2015$18.2T2%
2014$17.8T6%
2013$16.7T4%
2012$16.1T9%
2011$14.8T9%
2010$13.6T14%
2009$11.9T19%
2008$10.0T11%
2007$9.0T6%
2006$8.5T7%
2005$7.9T8%
2004$7.4T9%
2003$6.8T9%
2002$6.2T7%
2001$5.8T2%
2000$5.7T (Read more...)

Mapped: The Ancient Seven Wonders of the World


This post is by Freny Fernandes from Visual Capitalist


ancient seven wonders of the world

The Ancient Seven Wonders of the World

From skyscrapers that defy gravity to tunnels below the sea, mankind’s civil engineering feats are all around us.

The complexity of older structures like the Great Wall of China, Chichén Itzá, and the Taj Mahal continue to captivate and fascinate visitors today, but it’s worth noting that “wonders” such as these are not a modern concept.

As far back as the 2nd century BCE, ancient guide books and poems were being written by Greeks that had toured the extent of Alexander the Great’s kingdoms, giving us the original “seven wonders of the world” from the Hellenistic world they knew at the time.

This graphic by Pranav Gavali looks at the original ancient seven wonders, including their modern-day locations and features, using data from Encyclopedia Britannica and Wikipedia.

Where Were the Seven Wonder of the World?

The original seven wonders of the world were built around the Mediterranean Sea and in the Middle East over a span of 3,000 years, all before the Common Era.

WondersModern LocationYear Created
Great Pyramid of GizaEgypt2,584 BCE
Hanging Gardens of BabylonIraq600 BCE
Temple of Artemis at EphesusTurkey550 BCE
Statue of Zeus at OlympiaGreece435 BCE
Mausoleum at HalicarnassusTurkey351 BCE
Colossus of RhodesGreece292 BCE
Lighthouse of AlexandriaEgypt280 BCE

From the Great Pyramid of Giza in Egypt to the Colossus in Rhodes, each wonder represents a different aspect of human ambition and ingenuity.

And while (Read more...)