Connect with us

Markets

This Map Shows the Most Extreme Comparison of Population Density We’ve Seen

Published

6 years ago

on

You may have heard that the majority of the world’s population actually lives within a relatively small circle that covers China, India, Japan, and other parts of Southeast Asia.

That’s a pretty extreme example of population density – but here’s one that is even more impressive.

It’s quite simple actually: it compares parts of the most expansive regions (Canada, Russia, non-coastal USA, Greenland, Australia, and others) with a tiny chunk of land that holds close to 400 million people.

An Extreme Comparison of Population Density

The following image comes to us from Metrocosm, the website of data visualization expert Max Galka.

Bangladesh and three provinces in India, which are highlighted in red, take up just 160,000 sq. mi (415,000 sq. km) – that’s smaller than California. Together they hold more population than all of the blue territories on the map.

An Extreme Comparison of Population Density

That’s right, the blue area contains the entirety of many significant countries, such as Canada, Australia, Norway, Sweden, and Saudi Arabia. The blue even includes parts of China, the United States, and most of Russia.

Getting More Extreme

Here’s the kicker – the disparity is only getting more intense. Take a look at the following map of the fastest growing cities, showing the rate of new citizens per hour:

Fastest Growing Cities

Dhaka, the largest city in Bangladesh, is one of the fastest growing cities in the world with a growth rate of 74 people per hour. Kolkata (India) is also up there, adding 32 citizens every hour.

Meanwhile, the cities within the blue area of the original map do not have the same kind of growth happening at all.

For the Numbers Geeks

Here are the original calculations, from Metrocosm, for the blue and red areas of the original map in case you are interested. It’s worth noting that the data was retrieved in 2015, so it is slightly out of date.

The “Blue” Regions

JurisdictionRegionPopulation
CanadaAll35,010,000
Saudi ArabiaAll28,123,000
AustraliaAll22,280,000
RussiaSiberian Federal District19,254,300
NigerAll18,124,000
KazakhstanAll16,137,000
MaliAll14,478,000
ZambiaAll14,440,000
RussiaNorthwestern Federal District13,583,800
ChadAll12,620,000
RussiaUral Federal District12,082,700
BoliviaAll10,610,000
SomaliaAll10,295,000
SwedenAll9,437,000
BrazilPará8,073,924
Papua New GuineaAll7,440,000
ParaguayAll6,844,000
RussiaFar Eastern Federal District6,291,900
Libyan Arab JamahiriyaAll5,918,217
ChinaQinghai5,626,722
TurkmenistanAll5,411,000
FinlandAll5,408,000
NorwayAll4,985,000
IrelandAll4,804,000
New ZealandAll4,436,000
Central African RepublicAll4,191,429
BrazilAmazonas3,873,743
MauritaniaAll3,623,000
Republic of the CongoAll3,609,851
UruguayAll3,412,000
BrazilMato Grosso3,224,357
LithuaniaAll3,173,000
OmanAll3,110,000
ChinaTibet3,002,166
United StatesUtah2,942,902
United StatesKansas2,904,021
MongoliaAll2,809,000
BrazilMato Grosso do Sul2,619,657
NamibiaAll2,352,000
LatviaAll2,210,000
BotswanaAll2,068,000
United StatesNebraska1,881,503
BrazilRondônia1,748,531
ArgentinaMendoza1,741,610
United StatesIdaho1,634,464
GabonAll1,597,000
BrazilTocantins1,496,880
EstoniaAll1,338,000
ArgentinaSalta1,215,207
ArgentinaChaco1,053,466
United StatesMontana1,023,579
ArgentinaCorrientes993,338
CyprusAll911,000
ArgentinaSantiago del Estero896,461
United StatesSouth Dakota853,175
FijiAll828,046
BrazilAcre790,101
GuyanaAll757,000
BrazilAmapá750,912
United StatesNorth Dakota739,482
United StatesAlaska736,732
ArgentinaSan Juan680,427
ArgentinaJujuy672,260
ArgentinaRío Negro633,374
GreeceCrete620,000
United StatesWyoming584,153
ArgentinaNeuquén550,334
SurinameAll540,000
ArgentinaFormosa527,895
Western SaharaAll507,160
ArgentinaChubut506,668
BrazilRoraima496,936
Solomon IslandsAll472,419
ArgentinaSan Luis431,588
ArgentinaCatamarca367,820
BahamasAll360,000
IcelandAll347,000
BelizeAll335,000
ArgentinaLa Rioja331,847
FranceCorsica322,000
ArgentinaLa Pampa316,940
ArgentinaSanta Cruz272,524
VanuatuAll267,000
New CaledoniaAll266,000
French GuianaAll250,377
GuamAll165,124
ChileMagallanes y la Antártica Chilena159,152
ArgentinaTierra del Fuego, Antártida e Islas del Atlántico Sur126,190
MicronesiaAll103,549
KiribatiAll102,351
ChileAysén del General Carlos Ibáñez del Campo98,413
GreenlandAll57,475
Northern Mariana IslandsAll53,855
GalapagosAll25,000
PalauAll20,918
Falkland Islands (Malvinas)All3,000
SvalbardAll2,642
Norfolk IslandAll2,169
French Southern and Antarctic LandsAll0
South Georgia South Sandwich IslandsAll0

The “Red” Regions

JurisdictionRegionPopulation
BangladeshAll172,019,000
IndiaBihar99,000,000
IndiaWest Bengal90,320,000
IndiaJharkhand32,000,000

Subscribe to Visual Capitalist
Related Topics:
Click for Comments

Markets

How Disinflation Could Affect Company Financing

History signals that after a period of slowing inflation—also known as disinflation—debt and equity issuance expands.
Sponsored Post

Published

3 days ago

on

May 29, 2023

By

Chart showing U.S. Equity Issuance Deal Value from 1980-2000. Equity Issuance goes up over time, with the 300% increase in 1983 highlighted at the end of the disinflation period.
Published • Updated •
The following content is sponsored by Citizens Commercial Banking

How Disinflation Could Affect Company Financing

The macroeconomic environment is shifting. Since the second half of 2022, the pace of U.S. inflation has been dropping.

We explore how this disinflation may affect company financing in Part 2 of our Understanding Market Trends series from Citizens.

Disinflation vs. Deflation

The last time inflation climbed above 9% and then dropped was in the early 1980’s.

Time PeriodMarch 1980-July 1983June 2022-April 2023*
Inflation at Start of Cycle14.8%9.1%
Inflation at End of Cycle2.5%4.9%

* The June 2022-April 2023 cycle is ongoing. Source: Federal Reserve. Inflation is based on the Consumer Price Index.

A decrease in the rate of inflation is known as disinflation. It differs from deflation, which is a negative inflation rate like the U.S. experienced at the end of the Global Financial Crisis in 2009.

How might slowing inflation affect the amount of debt and equity available to companies?

Looking to History

There are many factors that influence capital markets, such as technological advances, monetary policy, and regulatory changes.

With this caveat in mind, history signals that both debt and equity issuance expand after a period of disinflation.

Equity Issuance

Companies issued low levels of stock during the ‘80s disinflation period, but issuance later rose nearly 300% in 1983.

YearDeal Value
1980$2.6B
1981$5.0B
1982$3.6B
1983$13.5B
1984$2.5B
1985$12.0B
1986$24.2B
1987$24.9B
1988$16.9B
1989$12.9B
1990$13.4B
1991$45.2B
1992$50.3B
1993$95.3B
1994$63.7B
1995$79.7B
1996$108.7B
1997$106.5B
1998$97.0B
1999$142.8B
2000$156.5B

Source: Bloomberg. U.S. public equity issuance dollar volume that includes both initial and follow-on offerings and excludes convertibles.

Issuance grew quickly in the years that followed. Other factors also influenced issuance, such as the macroeconomic expansion, productivity growth, and the dotcom boom of the ‘90s.

Debt Issuance

Similarly, companies issued low debt during the ‘80s disinflation, but levels began to increase substantially in later years.

YearDeal Value Interest Rate
1980$4.5B11.4%
1981$6.7B13.9%
1982$14.5B13.0%
1983$8.1B11.1%
1984$25.7B12.5%
1985$46.4B10.6%
1986$47.1B7.7%
1987$26.4B8.4%
1988$24.7B8.9%
1989$29.9B8.5%
1990$40.2B8.6%
1991$41.6B7.9%
1992$50.0B7.0%
1993$487.8B5.9%
1994$526.4B7.1%
1995$632.7B6.6%
1996$906.0B6.4%
1997$1.3T6.4%
1998$1.8T5.3%
1999$1.8T5.7%
2000$2.8T6.0%

Source: Dealogic, Federal Reserve. Data reflects U.S. debt issuance dollar volume across several deal types including: Asset Backed Securities, U.S. Agency, Non-U.S. Agency, High Yield, Investment Grade, Government Backed, Mortgage Backed, Medium Term Notes, Covered Bonds, Preferreds, and Supranational. Interest Rate is the 10 Year Treasury Yield.

As interest rates dropped and debt capital markets matured, issuing debt became cheaper and corporations seized this opportunity.

It’s worth noting that debt issuance was also impacted by other factors, like the maturity of the high-yield debt market and growth in non-bank lenders such as hedge funds and pension funds.

Then vs. Now

Could the U.S. see levels of capital financing similar to what happened during the ‘80s disinflation? There are many economic differences between then and now.

Consider how various indicators differed 10 months into each disinflationary period.

January 1981April 2023*
Inflation Rate
Annual		11.8%4.9%
Inflation Expectations
Next 12 Months		9.5%4.5%
Interest Rate
10-Yr Treasury Yield		12.6%3.7%
Unemployment Rate
Seasonally Adjusted		7.5%3.4%
Nominal Wage Growth
Annual, Seasonally Adjusted		9.3%5.0%
After-Tax Corporate Profits
As Share of Gross Value Added		9.1%13.8%

* Data for inflation expectations and interest rate is as of May 2023, data for corporate profits is as of Q4 1980 and Q1 2023. Inflation is a year-over-year inflation rate based on the Consumer Price Index. Source: Federal Reserve.

The U.S. economy is in a better position when it comes to factors like inflation, unemployment, and corporate profits. On the other hand, fears of an upcoming recession and turmoil in the banking sector have led to volatility.

What to Consider During Disinflation

Amid uncertainty in financial markets, lenders and investors may be more cautious. Companies will need to be strategic about how they approach capital financing.

  • High-quality, profitable companies could be well positioned for IPOs as investors are placing more focus on cash flow.
  • High-growth companies could face fewer options as lenders become more selective and could consider alternative forms of equity and private debt.
  • Companies with lower credit ratings could find debt more expensive as lenders charge higher rates to account for market volatility.

In uncertain times, it’s critical for businesses to work with the right advisor to find—and take advantage of—financing opportunities.

Visual Capitalist Logo

Learn more about working with Citizens.

Subscribe to Visual Capitalist
Related Topics: # # # # # # # # # #
Click for Comments

You may also like

Subscribe

Continue Reading

Subscribe

Popular