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Confidence in the Global Economy, by Country

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See this visualization first on the Voronoi app.

chart of confidence in the economy by country

Confidence in the Global Economy, by Country

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Measuring consumer confidence in the economy is crucial for understanding both current economic strength, as well as how consumers may be expected to act in the future.

So how do people around the world feel about the global economy?

This visualization uses survey data collected from October 20 to November 3, 2023 by Ipsos. It was first highlighted as part of our 2024 Global Forecast Series.

Which Countries Feel Confident About the Economy in 2024?

Heading into 2024, an average of 50% of polled adults felt confident that the global economy would be stronger than in 2023. But breaking down responses by country shows a vast disparity between responses.

Here are the percentage of respondents who agreed with the following statement: “The global economy will be stronger in 2024 than it was in 2023.” We also note the change in percentage points (p.p.) compared with the same question a year prior.

CountryAgreeChange (Year-over-year)
๐Ÿ‡ฎ๐Ÿ‡ณ India85%+12 p.p.
๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia82%+14 p.p.
๐Ÿ‡จ๐Ÿ‡ณ China82%+4 p.p.
๐Ÿ‡ต๐Ÿ‡ญ Philippines74%N/A
๐Ÿ‡น๐Ÿ‡ญ Thailand68%+4 p.p.
๐Ÿ‡ฒ๐Ÿ‡พ Malaysia62%+8 p.p.
๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico62%+6 p.p.
๐Ÿ‡ง๐Ÿ‡ท Brazil60%-13 p.p.
๐Ÿ‡ธ๐Ÿ‡ฌ Singapore59%+4 p.p.
๐Ÿ‡ต๐Ÿ‡ฑ Poland56%+20 p.p.
๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand56%N/A
๐Ÿ‡จ๐Ÿ‡ด Colombia54%+5 p.p.
๐Ÿ‡จ๐Ÿ‡ฑ Chile51%+8 p.p.
๐Ÿ‡ต๐Ÿ‡ช Peru51%-3 p.p.
๐Ÿ‡ฆ๐Ÿ‡ท Argentina51%+3 p.p.
๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa49%+2 p.p.
๐Ÿ‡ฆ๐Ÿ‡บ Australia48%+7 p.p.
๐Ÿ‡ญ๐Ÿ‡บ Hungary46%+15 p.p.
๐Ÿ‡ท๐Ÿ‡ด Romania45%+8 p.p.
๐Ÿ‡บ๐Ÿ‡ธ United States45%+3 p.p.
๐Ÿ‡ช๐Ÿ‡ธ Spain44%+8 p.p.
๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands44%+12 p.p.
๐Ÿ‡น๐Ÿ‡ท Tรผrkiye43%0 p.p.
๐Ÿ‡ฌ๐Ÿ‡ง Great Britain43%+11 p.p.
๐Ÿ‡จ๐Ÿ‡ญ Switzerland43%+8 p.p.
๐Ÿ‡ฎ๐Ÿ‡น Italy40%+8 p.p.
๐Ÿ‡ฉ๐Ÿ‡ช Germany40%+3 p.p.
๐Ÿ‡จ๐Ÿ‡ฆ Canada39%+2 p.p.
๐Ÿ‡ธ๐Ÿ‡ช Sweden34%+1 p.p.
๐Ÿ‡ซ๐Ÿ‡ท France33%+4 p.p.
๐Ÿ‡ฐ๐Ÿ‡ท South Korea33%-5 p.p.
๐Ÿ‡ต๐Ÿ‡น Portugal33%N/A
๐Ÿ‡ฏ๐Ÿ‡ต Japan30%0 p.p.
๐ŸŒ Global average50%+4 p.p.

At the top, India, Indonesia, and China stood as being the most confident about 2024’s economic prospects. 85% of Indian respondents agreed that the global economy will be stronger in 2024 than in 2023, while 82% of Chinese and Indonesian respondents felt the same.

Regional disparities also become evident, with Asian countries making up the top five most confident countries and seven out of the top nine. In fact, South Korea and Japan were the only Asian countries surveyed that were not feeling confident, with Japanese respondents being the least confident (30%) and South Koreans tied for the second-least confident (33%).

Countries in South America ranged from Brazil having a high of 60% of respondents agree with 2024 being stronger than 2023 to Chile having a “low” of 51%. North American countries were more split, with Mexico feeling more confident and Canada feeling less confident.

Lastly, Europe stood out as being the least confident in the global economy in 2024. Only Poland (56%) had more than 50% agree that this year would be better than the last, while major economies like Germany (40%) and France (33%) sat closer to the bottom of the table.

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Sports

Ranked: Which NHL Team Takes Home the Most Revenue?

The Oilers are the second-highest earning team in the NHL and the Panthers are 26th. We show the top teams in the NHL by revenue in 2023.

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Visualization of NHL team revenues

Which NHL Team Takes Home the Most Revenues?

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

This graphic shows every NHL team’s revenue from the 2022/23 season using data from Forbes, compiled by JP Morgan Asset Management.

Ranked: The Highest-Earning NHL Teams

As the final round of the Stanley Cup Playoffs wears on, two teams on different ends of the revenue spectrum face off.

Despite representing a much smaller city than the other teams at the top of the ranking, the Edmonton Oilers have the second highest revenue in the league at $281 million. The Oilers have seen the fastest revenue growth over the past five years (13%) as the team has improved.

Team2022-23 Season RevenueValuation
Toronto Maple Leafs$281M$2.8B
Edmonton Oilers$281M$1.9B
Los Angeles Kings$279M$2.0B
New York Rangers$265M$2.7B
Montreal Canadiens$265M$2.3B
New Jersey Devils$240M$1.5B
Boston Bruins$239M$1.9B
Vegas Golden Knights$233M$1.1B
Chicago Blackhawks$228M$1.9B
Philadelphia Flyers$219M$1.7B
Washington Capitals$218M$1.6B
Dallas Stars$210M$1.1B
Pittsburgh Penguins$207M$1.2B
Detroit Red Wings$199M$1.2B
Vancouver Canucks$198M$1.3B
Seattle Kraken$197M$1.2B
Tampa Bay Lightning$196M$1.3B
Minnesota Wild$185M$1.1B
St Louis Blues$184M$1.0B
New York Islanders$183M$1.6B
Calgary Flames$183M$1.1B
Colorado Avalanche$182M$1.2B
Nashville Predators$180M$1.0B
Carolina Hurricanes$177M$0.8B
Anaheim Ducks$164M$0.9B
Winnipeg Jets$162M$0.8B
Florida Panthers$161M$0.8B
Buffalo Sabres$159M$0.8B
San Jose Sharks$158M$0.9B
Columbus Blue Jackets$151M$0.8B
Ottawa Senators$128M$1.0B
Arizona Coyotes$120M$0.5B

In the 2022/23 season, the Florida Panthers pulled off a major upset in the first round of the playoffs and fought their way to the finals before losing to the Vegas Golden Knights.

Despite the success last season, the Panthers still find themselves in the bottom six in this ranking, with $161 million in revenue. The team also has the second lowest operating income in the league, after Ottawa. Florida is an emerging hockey market though, with revenue increasing 9% over the past five years.

Other Hockey Revenue Highlights

  • Along with the Oilers, the Toronto Maple Leafs sit at the top of the revenue ranking. There is a key difference though: the Maple Leafs have a higher valuation-to-revenue multiple (10x vs 6.6x).
  • Professional hockey remains attractive to advertisers. In the 2022/23 season, team-specific sponsorship revenue was 36% higher than in 2018/19.
  • The team with the lowest revenue, the Arizona Coyotes, will be moving to Utah next season.
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