U.S. Military Personnel Deployments by Country
200k active troops overseas in 177 countries
The Chart of the Week is a weekly Visual Capitalist feature on Fridays.
There was no shortage of cuts proposed in Trump’s budget for 2018, which was released earlier this week.
However, one of the few departments that did not receive a haircut was the Department of Defense. If the proposed budget ultimately passes in Congress, the DoD would be allocated an extra $54 billion in federal funding – a 10% increase that would be one of the largest one-year defense budget increases in American History.
To put the proposed increase in context, the United States already spends more on defense than the next seven countries combined. Meanwhile, the additional $54 billion is about the size of the United Kingdom’s entire defense budget.
|Country||Military Spending (2015)||Share|
|United States||$596 billion||35.8%|
|Saudi Arabia||$87 billion||5.2%|
|United Kingdom||$55 billion||3.3%|
|South Korea||$36 billion||2.2%|
“Be All You Can Be”
With over half of all U.S. discretionary spending being put towards the military each year, the U.S. is able to have extensive operations both at home and abroad. Our chart for this week breaks down military personnel based on the latest numbers released by the DoD on February 27, 2017.
In total, excluding civilian support staff, there are about 2.1 million troops. Of those, 1.3 million are on active duty, while about 800,000 are in reserve or part of the National Guard.
On a domestic basis, there are about 1.1 million active troops stationed in the United States, and here’s how they are grouped based on branch of service:
|Military Branch||Active Domestic Personnel||As a Percentage|
Internationally, there are just under 200,000 troops that are stationed in 177 countries throughout the world.
Here are the top 20 countries they are stationed in, as well as an “Other” category that represents the rest:
|Rank||Country / Territory||U.S. Troops|
|#16||United Arab Emirates||1,079|
|Other / Unknown||34,834|
In 2015, Politico estimated that there are 800 U.S. bases abroad, and that it costs up to $100 billion annually to maintain this international presence.
A Visual History of the Largest Companies by Market Cap (1999-Today)
See how the world’s largest companies have changed over time, and how this helps tell a broader story about what the market is thinking.
A Visual History of the Largest Companies by Market Cap
The macro narrative that underlies the market is constantly under revision.
While this is partially a function of shifts in investor sentiment, it’s also driven by game-changing events as well as much more structural market forces.
For example, how does the macro narrative change after a commodity price crash? What about when the unprecedented scale of technology is truly understood by the market?
An Evolving Narrative
In this week’s chart, we look at how the big picture narrative has changed over time by using a very simple approach.
We have visualized the market capitalizations of the 10 largest public companies in the world over five-year intervals from 1999 until today, and it gives us a series of snapshots of what the market was “thinking” during these specific periods.
Not only is it evident as certain industries rise to prominence, but there are also some interesting individual stories to follow. We can see iconic companies – such as Apple – ascend into the public consciousness, while others fall off the radar completely.
|Year||Description||Top Company||Who Dominates Top 10?|
|1999||Dotcom Bubble||Microsoft ($583B)||Five tech companies in the mix|
|2004||Post-Bubble||GE ($319B)||Diverse mix of companies by industry|
|2009||Financial Crisis||PetroChina ($367B)||Six non-U.S. companies make list|
|2014||$100 Oil||Apple ($560B)||Last year for oil companies, tech starts ascending|
|2019||Big Tech Era||Microsoft ($1,050B)||Seven companies are tech|
The composition of the top 10 changes in each of the snapshots above, and this simple approach helps capture the market narrative for each timeframe.
During the Dotcom Bubble, you can see that half of the list was dominated by tech companies. This was short-lived, and the years 2004, 2009, and 2014 have much more diverse lists.
You can also see the impact of the financial crisis on U.S. company valuations. In 2009, there is an equal distribution of Chinese and American companies. Royal Dutch Shell (UK/Netherlands) and Petrobras (Brazil) help round out the top 10.
Finally, over the last five years, you can see the impact of lower oil prices and the growing scale of tech. Back in 2014, Exxon Mobil was the second largest company in the world by a solid margin, but today it’s been displaced by companies like Facebook, Amazon, Tencent, and Alibaba.
The Big Tech Era
Here is the current top 10 list of the world’s largest companies by market cap:
|#1||🇺🇸 Microsoft||Tech||$1,050 billion|
|#2||🇺🇸 Amazon||Tech||$943 billion|
|#3||🇺🇸 Apple||Tech||$920 billion|
|#4||🇺🇸 Alphabet||Tech||$778 billion|
|#6||🇺🇸 Berkshire Hathaway||Diversified||$507 billion|
|#7||🇨🇳 Alibaba||Tech||$435 billion|
|#8||🇨🇳 Tencent||Tech||$431 billion|
|#9||🇺🇸 Visa||Financial||$379 billion|
|#10||🇺🇸 Johnson & Johnson||Consumer Goods||$376 billion|
In total, the five biggest tech giants brought in a combined $801.5 billion in revenue last year, and $139 billion in net income.
The Staying Power of Microsoft
With a valuation today of just over $1 trillion, Microsoft is again the world’s largest company by market capitalization.
In this way, the above lists come full circle, since Microsoft was also the biggest company in 1999.
While the software giant experienced short periods where it did drop out of favor, Microsoft was the only company to make the list in our five snapshots above.
The 10 Breakthrough Technologies That Will Define 2019
Which innovations will dominate headlines in 2019? According to Bill Gates, watch for these 10 breakthrough technologies to change the world.
The 10 Breakthrough Technologies That Will Define 2019
Gone are the days of turning stones into spears. With the advent of new technologies, we’ve learned to develop tools that not only make living faster and easier every day, but also improve the future of humanity as a whole.
Today’s Chart of the Week draws from the MIT Technology Review, which features Bill Gates’ predictions for the top 10 breakthrough inventions that will capture headlines in 2019.
Top 10 Breakthrough Technologies
1. Gut Probe in a Pill
These swallowable devices can detect and potentially prevent diseases that cause malnutrition and stunted growth in millions of children worldwide.
2. Custom Cancer Vaccines
Personalized cancer vaccines, targeting only the cancerous cells and leave healthy cells alone, could help ensure faster recovery times and pose fewer risks to patients.
3. Meat-free Burgers
Plant-based and lab-grown food products will ideally alleviate the environmental impact of the livestock industry.
4. Smooth-talking AI assistants
The AI assistants of the future will have even more human-like conversations to personally engage customers. Companies would see measurable benefits, with just one breakthrough here garnering a 5% jump in productivity.
5. Sanitation without sewers
Improperly drained sewage causes death in one out of every nine children. Sanitation that doesn’t require sewers would not only prevent exposure diseases but also help turn waste into useful products like fertilizer.
6. ECG on your wrist
While most medical ECGS have up to 12 nodes to detect abnormalities, today’s wearables typically have only one. An ECG on the wrist would help reduce the risk of heart disease by monitoring changes and patterns in daily life.
7. Robot Dexterity
Advancements in robotics will enable the natural dexterity required to complete a greater range of tasks, such as helping an ailing loved one out of bed, doing the laundry, or building toys.
8. Predicting Preemies
Premature births are the leading cause of death for children under five years old. Tests to detect the possibility of a premature birth could be available in doctors’ offices in as little as five years.
9. Carbon Dioxide Catcher
Carbon dioxide catchers filter out CO₂ from the air and capture it for other uses. These include synthetic fuel creation, CO₂ for soft drinks, and plant growth in greenhouses.
10. New-wave Nuclear Power
Traditional nuclear reactors produce ~1,000 megawatts (MW), while these proposed mini-reactors would produce tens of megawatts ─ making them safer, more stable, and more financially viable for potential users.
A Vision for a Better Future
The biggest takeaway?
Seven of the 10 breakthrough technologies stem from the healthtech sector.
While several inventions on this list are years away from becoming a reality, they continue to embody the vision and passion that humans share to create and explore.
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