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The $74 Trillion Global Economy in One Chart

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The $74 Trillion Global Economy in One Chart

The $74 Trillion Global Economy in One Chart

The latest GDP numbers from the World Bank were released earlier this month, and today’s visualization from HowMuch.net breaks them down to show the relative share of the global economy for each country.

The full circle, known as a Voronoi Diagram, represents the entirety of the $74 trillion global economy in nominal terms. Meanwhile, each country’s segment is sized accordingly to their percentage of global GDP output. Continents are also grouped together and sorted by color.

Here is the data for the Top 20 Countries in table form:

RankCountryGDP (Nominal, 2015)Share of Global Economy (%)
#1United States$18.0 trillion24.3%
#2China$11.0 trillion14.8%
#3Japan$4.4 trillion5.9%
#4Germany$3.4 trillion4.5%
#5United Kingdom$2.9 trillion3.9%
#6France$2.4 trillion3.3%
#7India$2.1 trillion2.8%
#8Italy$1.8 trillion2.5%
#9Brazil$1.8 trillion2.4%
#10Canada$1.6 trillion2.1%
#11South Korea$1.4 trillion1.9%
#12Australia$1.3 trillion1.8%
#13Russia$1.3 trillion1.8%
#14Spain$1.2 trillion1.6%
#15Mexico$1.1 trillion1.5%
#16Indonesia$0.9 trillion1.2%
#17Netherlands$0.8 trillion1.0%
#18Turkey$0.7 trillion1.0%
#19Switzerland$0.7 trillion0.9%
#20Saudi Arabia$0.6 trillion0.9%

Download the data from the World Bank. (Updated Feb 1, 2017)

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Mining

An Investor’s Guide to Copper in 3 Charts

Explore three key insights into the future of the copper market, from soaring demand to potential supply constraints.

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An investor's guide to copper in 3 charts

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The following content is sponsored by iShares

An Investor’s Guide to Copper

Copper is the world’s third-most utilized industrial metal and the linchpin of many clean energy technologies. It forms the vital connections in our electricity networks, grid storage systems, and electric vehicles.

In this graphic, sponsored by iShares, we dig into the forces that are set to shape the future of the copper landscape.

How Much Copper Do We Need?

Copper is poised to experience a remarkable 54% surge in demand from 2022 to 2050.

Here’s a breakdown of the expected demand for copper across clean energy technologies.

Technology2022 (kt)2050P (kt)
Electricity networks43648862
Other low emissions power generation93.7142.2
Solar PV756.81879.8
Grid battery storage24.6665.2
Wind453.5 1303.3
Hydrogen technologies-0.22
Electric vehicles370 3582.9
Other uses19766 22382

Copper is vital in renewable energy systems such as wind turbines, solar panels, and electric vehicle batteries because of its high electrical conductivity and durability.

It ensures the effective transmission of electricity and heat, enhancing the overall performance and sustainability of these technologies.

The rising demand for copper in the clean energy sector underscores its critical role in the transition to a greener and more sustainable future.

When Will Copper Demand Exceed Supply?

The burgeoning demand for copper has set the stage for looming supply challenges with a 22% gap predicted by 2031.

Given this metal’s pivotal role in clean energy and technological advancements, innovative mining and processing technologies could hold the key to boosting copper production and meeting the needs of a net-zero future.

Investing in Copper for a Prosperous Future

Investors looking for copper exposure may want to consider an ETF that tracks an index that offers access to companies focused on the exploration and mining of copper.

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