Economy

The World’s Tech Giants, Compared to the Size of Economies

Published

2 years ago

July 7, 2021

Omri Wallach

It’s no secret that tech giants have exploded in value over the last few years, but the scale can be hard to comprehend.

Through wide-scaling market penetration, smart diversification, and the transformation of products into services, Apple, Microsoft, Amazon, and Google have reached market capitalizations well above $1.5 trillion.

To help us better understand these staggering numbers, a recent study at Mackeeper took the market capitalization of multiple tech giants and compared them with the annual Gross Domestic Product (GDP) of countries.

Editor’s note: While these numbers are interesting to compare, it’s worth noting that they represent different things. Market cap is the total value of shares outstanding in a publicly-traded company and gives an indication of total valuation, and GDP measures the value of all goods and services produced by a country in an entire year.

Companies vs. Countries: Tech Giants

Tech Giants Country GDP Apple

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If Apple’s market capitalization was equal to a country’s annual GDP, it might just be in the G7.

At a market cap of more than $2.1 trillion, Apple’s market capitalization is larger than 96% of country GDPs, a list that includes Italy, Brazil, Canada, and Russia.

In fact, only seven countries in the world have a higher GDP than Apple’s market cap.

Tech Giants Country GDP Microsoft

Further back is Microsoft, which would be the 10th richest country in the world if market cap was equivalent to GDP.

With a market cap of more than $1.9 trillion, Microsoft’s value is larger than the GDP of global powerhouses Brazil, Canada, Russia, and South Korea.

Tech Giants Country GDP Amazon

Though all of the tech giants fared well during the COVID-19 pandemic, perhaps none have stood to benefit as much as Amazon.

With online retail and web services both in high demand, Amazon’s market cap has grown to $1.7 trillion, larger than 92% of country GDPs.

Other Companies “Bigger” Than Countries

Tech giants aren’t the only companies that would give countries a run for their money.

Country/Company	Nominal GDP (country) or Market Cap (company)
United States of America	$21,433 B
China	$14,343 B
Japan	$5,082 B
Germany	$3,861 B
India	$2,869 B
United Kingdom	$2,829 B
France	$2,716 B
Apple	$2,125 B
Italy	$2,004 B
Microsoft	$1,942 B
Saudi Aramco	$1,888 B
Brazil	$1,840 B
Canada	$1,736 B
Russia	$1700 B
Amazon	$1,688 B
Alphabet	$1,656 B
South Korea	$1,647 B
Australia	$1,397 B
Spain	$1,393 B
Mexico	$1,269 B
Indonesia	$1,119 B
Facebook	$939 B
Netherlands	$907 B
Saudi Arabia	$793 B
Turkey	$761 B
Tencent	$736 B
Switzerland	$703 B
Poland	$596 B

Market cap data as of June 13, 2021

Saudi Arabia’s state-owned corporation Saudi Aramco also makes the list, boasting a market cap more than double the GDP of its home country.

China’s tech giant Tencent also has a market cap that towers over many country GDPs, such as those of Switzerland or Poland.

Until recently, Tencent was also ahead of fellow tech giant Facebook in market cap, but the social network has climbed ahead and almost reached $1 trillion in market capitalization.

Of course, the biggest caveat to consider with these comparisons is the difference between market cap and GDP numbers.

A company’s market cap is a proxy of its net worth in the eyes of public markets and changes constantly, while GDP measures the economic output of a country in a given year.

But companies directly and indirectly affect the economies of countries around the world. With international reach, wealth accumulation, and impact, it’s important to consider just how much wealth and power these companies have.

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Healthcare

Charted: Average Years Left to Live by Age

Visualizing the number of years left to live for Americans at every age, reveals the broader trends in American life expectancy.

Published

10 hours ago

November 29, 2023

Pallavi Rao

Chart showing the average years left to live at every age for men and women.

How Many Years Do You Have Left to Live?

At the start of the 19th century, when there fewer than 1 billion humans on the earth, global life expectancy at birth stood at roughly 29 years.

This is a startlingly low figure—because life expectancy is a statistical projection of how many more years a person can expect to live, based on the mortality rates at the time. And since the infant mortality rate in particular was so high, life expectancies accurately summarized the low likelihood of many babies living to adulthood.

However, since the 1920s, life expectancy across all ages has improved leaps and bounds, thanks to rapid advancements in nutrition, healthcare, and sanitation.

We visualized the current American life expectancy by age and gender, using data from the Office of Social Security, which bases their current projections on 2020 mortality rates.

American Life Expectancy at Every Age

A key takeaway with life expectancy is that it increases as one gets older. This is easily seen in the table below, which lists the remaining years left to live at a given age for an American male and the projected life expectancy.

Age	Years Remaining (Men)	Life Expectancy (Men)
0	74.12	74.12
1	73.55	74.55
2	72.58	74.58
3	71.60	74.60
4	70.62	74.62
5	69.63	74.63
6	68.64	74.64
7	67.65	74.65
8	66.65	74.65
9	65.66	74.66
10	64.67	74.67
11	63.68	74.68
12	62.69	74.69
13	61.70	74.70
14	60.71	74.71
15	59.73	74.73
16	58.76	74.76
17	57.79	74.79
18	56.84	74.84
19	55.90	74.90
20	54.97	74.97
21	54.04	75.04
22	53.12	75.12
23	52.21	75.21
24	51.30	75.30
25	50.39	75.39
26	49.48	75.48
27	48.57	75.57
28	47.66	75.66
29	46.76	75.76
30	45.86	75.86
31	44.97	75.97
32	44.07	76.07
33	43.18	76.18
34	42.29	76.29
35	41.39	76.39
36	40.50	76.50
37	39.62	76.62
38	38.73	76.73
39	37.85	76.85
40	36.97	76.97
41	36.09	77.09
42	35.21	77.21
43	34.34	77.34
44	33.46	77.46
45	32.59	77.59
46	31.73	77.73
47	30.87	77.87
48	30.01	78.01
49	29.17	78.17
50	28.33	78.33
51	27.50	78.50
52	26.67	78.67
53	25.86	78.86
54	25.06	79.06
55	24.27	79.27
56	23.48	79.48
57	22.71	79.71
58	21.95	79.95
59	21.21	80.21
60	20.47	80.47
61	19.74	80.74
62	19.03	81.03
63	18.32	81.32
64	17.63	81.63
65	16.94	81.94
66	16.26	82.26
67	15.58	82.58
68	14.91	82.91
69	14.24	83.24
70	13.59	83.59
71	12.94	83.94
72	12.30	84.30
73	11.67	84.67
74	11.05	85.05
75	10.46	85.46
76	9.88	85.88
77	9.32	86.32
78	8.77	86.77
79	8.25	87.25
80	7.74	87.74
81	7.25	88.25
82	6.77	88.77
83	6.31	89.31
84	5.88	89.88
85	5.47	90.47
86	5.07	91.07
87	4.70	91.70
88	4.35	92.35
89	4.02	93.02
90	3.72	93.72
91	3.44	94.44
92	3.18	95.18
93	2.96	95.96
94	2.75	96.75
95	2.57	97.57
96	2.42	98.42
97	2.28	99.28
98	2.15	100.15
99	2.04	101.04
100	1.93	101.93
101	1.83	102.83
102	1.73	103.73
103	1.63	104.63
104	1.54	105.54
105	1.45	106.45
106	1.36	107.36
107	1.27	108.27
108	1.18	109.18
109	1.10	110.10
110	1.02	111.02
111	0.95	111.95
112	0.88	112.88
113	0.82	113.82
114	0.76	114.76
115	0.70	115.70
116	0.65	116.65
117	0.60	117.60
118	0.56	118.56
119	0.52	119.52
120	0.48	120.48

At birth, an average American baby boy can expect to live till just past 74. But if the boy reaches adulthood, then at 21 he might live to a full year more, past 75. This trend persists even towards the end of life when the years we have left drop rapidly, influenced by the higher likelihood of death.

American women, on the other hand, have a higher life expectancy than men. At birth the gap is close to six years, narrowing steadily to around one year by 85.

Age	Years Remaining (Women)	Life Expectancy (Women)
0	79.78	79.78
1	79.17	80.17
2	78.19	80.19
3	77.21	80.21
4	76.22	80.22
5	75.23	80.23
6	74.24	80.24
7	73.25	80.25
8	72.25	80.25
9	71.26	80.26
10	70.27	80.27
11	69.27	80.27
12	68.28	80.28
13	67.29	80.29
14	66.30	80.30
15	65.31	80.31
16	64.32	80.32
17	63.34	80.34
18	62.36	80.36
19	61.38	80.38
20	60.41	80.41
21	59.44	80.44
22	58.47	80.47
23	57.50	80.50
24	56.54	80.54
25	55.58	80.58
26	54.61	80.61
27	53.66	80.66
28	52.70	80.70
29	51.74	80.74
30	50.79	80.79
31	49.84	80.84
32	48.89	80.89
33	47.94	80.94
34	47.00	81.00
35	46.06	81.06
36	45.12	81.12
37	44.18	81.18
38	43.24	81.24
39	42.31	81.31
40	41.38	81.38
41	40.45	81.45
42	39.52	81.52
43	38.60	81.60
44	37.68	81.68
45	36.76	81.76
46	35.85	81.85
47	34.94	81.94
48	34.04	82.04
49	33.14	82.14
50	32.24	82.24
51	31.35	82.35
52	30.47	82.47
53	29.59	82.59
54	28.72	82.72
55	27.86	82.86
56	27.01	83.01
57	26.16	83.16
58	25.32	83.32
59	24.49	83.49
60	23.67	83.67
61	22.85	83.85
62	22.04	84.04
63	21.24	84.24
64	20.45	84.45
65	19.66	84.66
66	18.88	84.88
67	18.10	85.10
68	17.34	85.34
69	16.58	85.58
70	15.82	85.82
71	15.08	86.08
72	14.36	86.36
73	13.64	86.64
74	12.94	86.94
75	12.26	87.26
76	11.60	87.60
77	10.95	87.95
78	10.31	88.31
79	9.70	88.70
80	9.10	89.10
81	8.53	89.53
82	7.98	89.98
83	7.44	90.44
84	6.93	90.93
85	6.44	91.44
86	5.99	91.99
87	5.55	92.55
88	5.15	93.15
89	4.76	93.76
90	4.41	94.41
91	4.08	95.08
92	3.78	95.78
93	3.51	96.51
94	3.27	97.27
95	3.05	98.05
96	2.85	98.85
97	2.68	99.68
98	2.52	100.52
99	2.37	101.37
100	2.23	102.23
101	2.09	103.09
102	1.96	103.96
103	1.84	104.84
104	1.72	105.72
105	1.61	106.61
106	1.51	107.51
107	1.41	108.41
108	1.32	109.32
109	1.24	110.24
110	1.16	111.16
111	1.09	112.09
112	1.02	113.02
113	0.96	113.96
114	0.90	114.90
115	0.85	115.85
116	0.80	116.80
117	0.75	117.75
118	0.70	118.70
119	0.66	119.66
120	0.62	120.62

Interestingly, women outlive men in nearly every country in the world, due to a mix of sociological, behavioral, and biological reasons.

COVID-19: Reversing A Decade of Increasing American Life Expectancy

While the current American life expectancy at birth seems reasonably high, it is nearly two years lower than the 2022 figure which used the 2019 mortality rate. It is also lower than the life expectancy at birth in 2009, which used 2005 mortality rate.

Year	Life Expectancy at Birth (Men)	Life Expectancy at Birth (Women)
2009	74.12	79.95
2014	76.10	80.94
2019	76.04	80.99
2023	74.12	79.78

American mortality rates went up 17% between 2019–2020, in part because of COVID-19, in turn affecting life expectancy. The U.S. also had a higher COVID-19 mortality rate compared to its peers two years after the pandemic first struck.

Thus, American life expectancy may not improve immediately to 2019 levels, which can affect insurance premiums, pension benefits, and plans.

Where Does This Data Come From?

Source: Office of Social Security, U.S. Government.

Note: The life expectancy at a given age is the average remaining number of years expected prior to death for a person at that exact age, born on January 1, using the mortality rates for 2020 over the course of their remaining life.