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Tuesday, 17 September 2019

A snapshot of the global economic landscape

The perfect snapshot of the USD 86 tn global economic landscape in 2018: We know, it’s data from last year, but this chart from HowMuch.net, shared by Visual Capitalist, is exactly what is right about infographics and visually mapping out something as complex as a USD 86 tn global GDP. Based on World Bank data (pdf), it clearly illustrates the world’s dominant economies, and the variations in size at both the regional and country levels. Egypt may be Africa’s third largest economy, but this image really puts us into perspective when we see the size of our USD 250 bn economy (0.29% of the global economy) plotted out with the rest of the world. But if you are panicking at how small we are, it helps to note that we weren't lumped in with the “other states,” with a combined 8.98% of the global economy. The good people at HowMuch brought us this stunning infographic on the hot zone of countries with the highest ratio of government debt to GDP, which ranked us 15th out of 221 countries.

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