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Demographics

Animation: Population Pyramids of the 10 Largest Countries

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China and India may have similar populations today, but they have very different demographic destinies.

While China should see its population fall in the coming decades, India projects to be the most populous country in 2050 by a long shot. By that time, India will have up to 1.7 billion people – and Mumbai will be the largest megacity in the world with upwards of 42 million people.

Comparing Population Pyramids

These kind of future trends are not evident from the base population figures alone, but they become much clearer when we look at the population pyramids of countries instead.

Today’s animated chart comes from PopulationPyramid.net, and it shows a breakdown for each of the 10 most populous countries in the world:

Population Pyramids of the 10 Most Populous Countries

A population pyramid, which shows the distribution of a population in terms of age group and sex, can help us to see things like:

  • How many people are being born?
  • How long are people living?
  • The age skew of the population

Analyzing these factors can give us an idea of the direction a country is trending, and whether it will continue to grow in terms of population.

Different Makeups

Below are three typical patterns for population growth: rapid, slow, and negative.

Three patterns of population growth

How do the population charts for the top 10 countries compare, using these kinds of classifications?

Rapid growth:
According to the above graphs, India, Indonesia, Nigeria, Mexico, Brazil, Bangladesh, and Pakistan will continue to grow their populations at a rapid pace. Nigeria is growing at a particularly fast rate, and by 2060 it will displace the U.S. as the third-largest country in the world by population.

Slow growth:
The United States stands out here as the only country in the top 10 experiencing tempered growth. That said, the U.N. sees the country hitting 400 million people around the year 2060 if trends continue.

Negative growth:
China, because of its One-Child Policy from 1979 to 2015, is not a surprise to see here.

However, Russia may be an intriguing mention in this category for many – the country has a low birth rate, a low immigration rate, and an unusually high death rate. In fact, Russia’s death rate is 15 people per 1,000 – almost twice that of the U.S. due to a high amount of alcohol-related deaths and emergencies.

Economic Progress and Population

The above classifications are mostly intuitive.

With the exception of China (and its self-inflicted wound from the One-Child Policy), the countries experiencing slower or negative growth are the ones with more mature economies.

This is something that can also be seen in this below graph:

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Cities

Ranking the World’s Most Populous Cities, Over 500 Years of History

This two-minute animation shows changes in the last 500 years of historical rankings for the world’s 10 most populous cities.

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Animation: The Most Populous Cities, Over 500 Years

What do Beijing, Tokyo, Istanbul, London, and New York City all have in common?

Not only are they all world-class cities that still serve as global hubs of commerce, but these cities also share a relatively rare and important historical designation.

At specific points in history, each of these cities outranked all others on the planet in terms of population, granting them the exclusive title as the single most populated city globally.

Ranking the World’s Most Populous Cities

Today’s animation comes to us from John Burn-Murdoch with the Financial Times, and it visualizes cities ranked by population in a bar chart race over the course of a 500-year timeframe.

Beijing starts in the lead in the year 1500, with a population of 672,000:

RankCityPopulation in Year 1500
#1๐Ÿ‡จ๐Ÿ‡ณ Beijing672,000
#2๐Ÿ‡ฎ๐Ÿ‡ณ Vijayanagar500,000
#3๐Ÿ‡ช๐Ÿ‡ฌ Cairo400,000
#4๐Ÿ‡จ๐Ÿ‡ณ Hangzhou250,000
#5๐Ÿ‡ฎ๐Ÿ‡ท Tabriz250,000
#6๐Ÿ‡ฎ๐Ÿ‡ณ Gauda200,000
#7๐Ÿ‡น๐Ÿ‡ท Istanbul200,000
#8๐Ÿ‡ซ๐Ÿ‡ท Paris185,000
#9๐Ÿ‡จ๐Ÿ‡ณ Guangzhou150,000
#10๐Ÿ‡จ๐Ÿ‡ณ Nanjing147,000

In the 16th century, which is where the animation starts, cities in China and India were dominant in terms of population.

In China, the cities of Beijing, Hangzhou, Guangzhou, and Nanjing all made the top 10 list, while India itself held two of the most populous cities at the time, Vijayanagar and Gauda.

If the latter two names sound unfamiliar, that’s because they were key historical locations in the Vijayanagara and Bengal Empires respectively, but neither are the sites of modern-day cities.

The 1 Million Mark

For the first minute of animationโ€”and up until the late 18th centuryโ€”not a single city was able to eclipse the 1 million person mark.

However, thanks to the Industrial Revolution, the floodgates opened up. With more efficient agricultural practices, better sanitation, and other technological improvements, cities were able to support bigger populations.

Here’s a look at the biggest cities in the year 1895:

RankCityPopulation in Year 1895
#1๐Ÿ‡ฌ๐Ÿ‡ง London5,974,000
#2๐Ÿ‡บ๐Ÿ‡ธ New York3,712,000
#3๐Ÿ‡ซ๐Ÿ‡ท Paris3,086,000
#4๐Ÿ‡บ๐Ÿ‡ธ Chicago1,420,000
#5๐Ÿ‡ฏ๐Ÿ‡ต Tokyo1,335,000
#6๐Ÿ‡ท๐Ÿ‡บ St. Petersburg1,286,000
#7๐Ÿ‡ฌ๐Ÿ‡ง Manchester1,244,000
#8๐Ÿ‡ฌ๐Ÿ‡ง Birmingham1,074,000
#9๐Ÿ‡จ๐Ÿ‡ณ Beijing1,055,000
#10๐Ÿ‡ท๐Ÿ‡บ Moscow1,002,000

In the span of roughly a century, all of the world’s biggest cities were able to pass the 1 million mark, making it no longer a particularly exclusive milestone.

Modern City Populations

Finally, let’s look at the modern list of the top 10 most populous cities, and see how it compares to rankings from previous years:

RankCityPopulation in Year 2018
#1๐Ÿ‡ฏ๐Ÿ‡ต Tokyo38,194,000
#2๐Ÿ‡ฎ๐Ÿ‡ณ Delhi27,890,000
#3๐Ÿ‡จ๐Ÿ‡ณ Shanghai25,779,000
#4๐Ÿ‡จ๐Ÿ‡ณ Beijing22,674,000
#5๐Ÿ‡ฎ๐Ÿ‡ณ Mumbai22,120,000
#6๐Ÿ‡ง๐Ÿ‡ท Sao Paulo21,698,000
#7๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico City21,520,000
#8๐Ÿ‡ช๐Ÿ‡ฌ Cairo19,850,000
#9๐Ÿ‡ง๐Ÿ‡ฉ Dhaka19,633,000
#10๐Ÿ‡บ๐Ÿ‡ธ New York City18,713,000

Interestingly, the modern list appears to be a blend of both previous rankings from the years 1500 and 1895, listed above.

In 2018, cities from China and India feature prominently, but New York City and Tokyo are also included. Meanwhile, Latin America has entered the fold with entries from Mexico and Brazil.

The Future of Megacities

If you think the modern list of the most populous cities is impressive, check out how the world’s megacities are expected to develop as we move towards the end of the 21st century.

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Demographics

How Different Generations Think About Investing

Each generation was shaped by unique circumstances, and these differences translate directly to the investing world as well.

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How Different Generations Think About Investing

View the full-size version of the infographic by clicking here

Every generation thinks about investing a little differently.

This is partially due to the fact that each cohort finds itself on a distinct leg of life’s journey. While boomers focus on retirement, Gen Zers are thinking about education and careers. As a result, it’s not surprising to find that investment objectives can differ by age group.

However, there are other major reasons that contribute to each unique generational view. For example, what major world events shaped the mindset of each generation? Also, what role did culture play, and how do things like economic cycles factor in?

Finding Generational Discrepancies

Today’s infographic comes to us from Raconteur, and it showcases some of the most significant differences in how generations think about investing.

Let’s dive into some of the most interesting data:

1. Investment Outlook

The majority of millennials (66%) are confident about investment opportunities in the next 12 months. This drops down to 49% when boomers are asked the same question.

2. Volatility

How did different generations of investors react to recent bouts of volatility in the market?

  • 82% of millennials made changes to their portfolios
  • 69% of Gen X made changes
  • 47% of boomers made changes
  • 32% of the Silent Generation made changes

3. Knowledge and Ability

In terms of investment knowledge, 42% of millennials considered themselves to be experts in the field. On the same question, only 23% of boomers could say the same.

4. Financial Goals

Back when they were 27 years old, 45% of Gen Xers said their primary goal was to buy a home. Compare this to just 23% of millennials that consider a home to be their primary investment objective today.

5. Managing Investments

The majority of millennials (66%) saw the ability to manage all aspects of personal finance, including investments, in the same app as being important. Only 35% of boomers agreed.

Similarly, 67% of millennials saw recommendations made by artificial intelligence as being a basic part of any investment platform. Both Gen Xers and Baby Boomers were more hesitant, with 30% seeing computer-based recommendations as being integral.

6. Impact Investing

Millennials are twice as interested in ESG (environmental, social, and governance) investing, compared to their boomer counterparts. In fact, the majority of millennials (66%) choose funds according to ESG considerations.

Reasons for Not Investing

While generations may have varying investment philosophies, they seem a little more in sync when it comes to having reasons not to invest.

StatementMillennialsGen XBoomers
Recognize future outlook would be better if they start investing72%73%57%
Want to try out investing with a low money commitment35%31%25%
Afraid of losing everything42%29%28%
Too worried about current financial situation to think about future49%46%32%
Find information about investing difficult to understand63%59%55%
Don't have enough money to start investing55%59%56%

There are some similarities in the data here – for example, non-investors of all generations seem to have an equally tough time learning about investing, and similar proportions do not believe they have the funds to start investing.

On the flipside, it seems that millennials are more worried about their financial future, while simultaneously seeing a risk of “losing everything” stemming from investing.

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