1/ In context of #globaldemographics, 4 #megatrends are often referred to: population growth, population ageing, international migration and urbanization.
Here is a thread diving into these.
(Most charts are from ‘Our World in Data’. Some from UN.)
2/ To begin, for historical context, this chart
The 20th century began with 1.65 billion people in the world. It closed with 6 billion people.
This growth saw its ripple effects across the world – from economic growth to environmental impact of the century.
3/ Another chart for historical context – where have most of the people been living through history?
Where the median age of the world was 20 years in 1970, it was 30 years in 2022.
India, Africa, parts of Asia and South America are amongst the younger nations of the world. Japan has one of the highest median ages at 48.4 yrs
7/ According to World Population Prospects 2019 (United Nations, 2019), by 2050, 1 in 6 people in the world will be over the age of 65, up from 1 in 11 in 2019.
Here is the distribution of senior population.
8/ For the first time there are more people over 64 than children younger than 5
Declining fertility and increasing longevity lead to rising numbers of older persons as well as a continuously growing share of older persons in the population.
Chart on Global age structure
9/ Related point is dependency ratio:
worth comparing Nigeria (one of the younger countries of the world – median age), to Japan (world’s oldest country – median age)
10/ Here is the global chart on dependency – youth and old age across the world
11/ The third megatrend is international #migration.
1 in 30 people in the world are migrants. There are 281 million migrants in the world, 3.6% of the total population.
Here are a few charts exploring international migration (cumulative)
12/ The great majority of people do not migrate across borders; much larger numbers migrate within countries (an estimated 740 million internal migrants in 2009).
13/ International migrants send #remittances to their home nations.
In recent decades, remittances increased from $126 billion in 2000 to $702 billion in 2020.
Following charts in $ billion, remittances received and sent over time
Today ~56% of the world’s population: 4.4 billion – live in cities. Urbanization is expected to continue, with the urban population more than doubling its current size by 2050, at which point nearly 7 of 10 people will live in cities
16/ Here is some historical context on #urbanization and some large urban centres.
Some cities in the world have higher population than certain countries.
To think -for most of existence, there were less than 10m people in the world, today many cities are larger than that.
17/ Urbanization has come at its costs.
The most recent global estimates suggest just under 1-in-3 people in urban areas lived in slum households.
(Although with development, this number has changed over time)
18/ There is a link between all the above #demographics data and Sustainable Development Goals.
"Particularly relevant for the Goals on eradicating poverty (SDG 1), ensuring healthy lives and well-being at all ages (SDG 3), promoting gender equality (SDG 5) and...
18a/ ... full and productive employment and decent work for all (SDG 8), reducing inequalities between and within countries (SDG 10), and making cities and human settlements inclusive, safe, resilient and sustainable (SDG 11)"
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1/ A thread looking at some of the largest government deficits and debts around the world.
2/ “persistence of budgetary shortfalls during a long period of peace, when governments traditionally pay off debts and save for the future, should set the alarm bells ringing”
This is being said in 1996, it is much more relevant now.
3/ Why is it a concern?
Generally, as long as growth can keep pace, the deficits are hoped to be recouped soon, but a consistent use of deficits means an incessant borrowing from the future.
Also, continued, persistent deficits translate to higher government debt.
1/ #Nvidia is world’s eighth largest companies in terms of Market Cap (~$582 bn).
It is not as large in terms of revenue ($27 bn, FY23 Jan YE), but perhaps its business and its opportunities make the market value this high. Perhaps. Difficult to fathom.
A thread.
2/ Set up in 1993, Nvidia makes chips, software and systems. Or platforms.
It was set up in 1993.
In 1999, it invented the #GPU which forms its core business even today.
From early focus on PC Graphics, they have expanded to several computationally intensive fields.
3/ What is a GPU?
GPU is Graphics Processing Unit. Initially launched for graphics, it has now evolved into an important computational tech.
In 2006, Nvidia introduced CUDA programming model which opened parallel processing capabilities of GPU for general purpose computing.
1/ #BerkshireHathaway is one of the world’s largest companies in terms of market cap ($686 billion, sixth largest). It is also one of the top few (top 15) globally in terms of total revenue.
Here is a thread briefly exploring the company.
2/ For context, here is a historical market cap chart.
3/ Whenever the company is mentioned, one often finds charts like the following (a comparison with S&P 500) to highlight the value that #BerkshireHathaway has created for its investors over time.
1/ With a market cap of $1.18 trillion, #Alphabet (#Google) is world’s fourth most valuable public company.
It delivered a revenue of ~$283 billion in FY22 (Dec YE) and is a top 20 company globally in terms of revenue. (~number 17th)
Here is a thread exploring #Alphabet.
2/ Incorporated in 1998, the company went public in 2004.
3/ Here is a market cap history chart. Alphabet’s market cap is ~$1.18 trillion (fourth largest in the world).
For context, largest is #Apple ($2.3 trillion), followed by #Microsoft ($1.8 trillion), #SaudiAramco ($1.8 trillion)
1/ Here is a thread collecting a few charts providing a perspective on global #ENERGY and its different aspects - production, consumption, #carbon impact and future direction.
2/ For an appreciation of global energy consumption, this chart - how primary #energy consumption has grown and changed over the last 120 years.
From 29K TWH in 1950, the total energy consumption is currently ~176k TWH – grown ~six times.
3/ Primary Energy goes towards many uses – Electricity generation, heating, industrial usage and transportation.
Although over one-third of global electricity comes from low-carbon sources, primary energy is still derived largely from non-renewable sources