Data discoveries of the week, presented in charts. We look at data on India’s energy production, Indian household savings, expenditure, assets, countries with highest gold reserves, direct & indirect plan breakup and more.
- Over 50% of all assets owned by Indian household is in properties 👇
In India, most household wealth is in property (over 50%), followed by gold (15.5%). Equity investments have doubled since March 2013, now at 4.7% of total assets, showing significant growth.#ChartOfTheDay pic.twitter.com/zCoGdouNGj
— Kuvera (@Kuvera_In) February 29, 2024
2. State wise electricity generated through renewable sources in India.
Green energy sources produced 57,766.21 GWh of electricity. The top 5 states in renewable power generation include Rajasthan, Gujarat, Karnataka, Himachal Pradesh, Maharashtra, ranked by output.#ChartOfTheDay pic.twitter.com/5hDIoUnlk2
— Kuvera (@Kuvera_In) March 1, 2024
3. Indian household savings are rising.
In the financial year 2022-23, the total Indian household’s savings stood at ~$800 billion. However, the net financial savings of households in India has fallen to a five-decade low of just 5.1% of the GDP in FY 2023. #ChartOfTheDay pic.twitter.com/VjWuStvJTe
— Kuvera (@Kuvera_In) February 27, 2024
4. A broader look at the market ups and downs.
See the big picture?#ChartOfTheDay #Investing pic.twitter.com/SknYrGx1HL
— Kuvera (@Kuvera_In) February 26, 2024
5. An insightful thread on the much talked about, Household Consumption Expenditure Survey 2022-23. 👇
India’s MPCE – Urban vs Rural in 2022-23
The average estimated Monthly Per Capita Consumption Expenditure (MPCE) in 2022-23 for rural India is ₹ 3,773. For urban regions, it is ₹6,459. Share of food and non-food spends 👇
2/10 pic.twitter.com/3HAjMJNlCv
— Kuvera (@Kuvera_In) February 28, 2024
6. Direct and indirect plans breakup in MF industry AUM.
For the first time, AMFI has started to display the break-up of direct plans between PMS, RIA and DIY investors. Thank you @GoalBridge for bringing this to my notice. With regulatory reforms, this 4.4% under advice by RIAs can multiply manifold. India needs more RIAs. pic.twitter.com/4MZp9L6nPO
— Neil Borate (@ActusDei) March 1, 2024
7. Who has the largest Gold reserves in the world?
Ranked: The Largest Gold Reserves, by Country 🥇
This graphic by @samuelbparker90 is part of Visual Capitalist’s Creator Program ✅
📲 Want more content like this with daily insights from the world’s top creators? See it first on @VoronoiApp.https://t.co/plC6jpLnJL pic.twitter.com/x9EcHSeA3E
— Visual Capitalist (@VisualCap) February 29, 2024
8. Nuclear reactors are designed to operate for decades and are typically licensed for 20 to 40 years, and they can last even longer with license renewals.
How Old Are the World’s Nuclear Reactors? ☢️https://t.co/Qtz733Qlou pic.twitter.com/mvRrki5TW6
— Elements (@VCElements) March 1, 2024
9. Popularity of alternate medicines across countries 👇
As data from Statista’s Consumer Insights shows, around a quarter of urban respondents in India (28 percent) and the Philippines (26 percent) as well as Switzerland, South Africa and China (24 percent each) would opt for alternative healing methods over conventional medicine.
— Statista (@StatistaCharts) February 22, 2024
10. Extreme Poverty is now eliminated in India.
Extreme Poverty is now eliminated in India. The World Poverty Clock updates: shows India’s extreme poverty at less than 3%. This is one of the most significant global developments of our lifetime. pic.twitter.com/AHte6aM6ZX
— Shamika Ravi (@ShamikaRavi) March 2, 2024
11. In another update on India’s GDP numbers. Q3 23-24 registered 8.4% growth over the previous quarter.
Annual #GDP Estimates (in Lakh Crore) and Growth Rates (%) at Constant Prices.@Rao_InderjitS@PIB_India@NITIAayog@PMOIndia#GDP #MOSPI #NSO #GoIStats #DataForDevelopment #KnowYourStats pic.twitter.com/cdTfEIC9RH
— Ministry of Statistics & Programme Implementation (@GoIStats) February 29, 2024
12. And here’s an interesting take above. Private spending, which is the biggest chunk of GDP, is expected to be 55.6% in 2023-24, nearly the lowest since 1950, with only 2010-11’s 55.1% being lower. Also, growth in private spending for 2023-24 is forecasted at 3%, the slowest since 2002-03 (excluding the 2020 pandemic year).
Two small points on GDP figures
A lot has been written by now on the Gross Domestic Product (GDP) figures published yesterday evening. Guess all the major points have been made. I will make two small points, simply because I have been talking about this issue for a while now.… pic.twitter.com/m2IEeLWBIM— शिक्षित बेरोज़गार (@kaul_vivek) March 1, 2024
13. And while the GDP growth is impressive, this chart shows where we are in terms of GDP per capita (USD thousand)
#GDP Vs #GDPPerCapita pic.twitter.com/el8kZW0P1I
— The DeshBhakt 🇮🇳 (@TheDeshBhakt) March 1, 2024
14. A brilliant 3D rendering of the globe showing population density across regions. Give it a spin.
👥 World Population Density per 30 km²pic.twitter.com/PNSJDeerT5
— Civixplorer (@Civixplorer) February 29, 2024
15. US households have run out of excess savings.
CAUTION: Households have run out of excess savings
Current levels are worse than even 2019 pic.twitter.com/TwML4wyNqH
— Game of Trades (@GameofTrades_) February 29, 2024
16. The richest people in the world outside the US.
The Wealthiest People in the World, Outside of America 💸
📲 Want more content like this with daily insights from the world’s top creators? See it first on the @VoronoiApp.https://t.co/wmtxnTDnon pic.twitter.com/ECxFq2Flcg
— Visual Capitalist (@VisualCap) March 1, 2024
17. Natural Gas prices have fallen ~60% in just 4 months,
Natural gas prices may finally be forming a bottom.
Between October 2023 and February 20th, natural gas prices fell nearly 60%.
This put the commodity at its lowest level in 4 years and helped with the fight against inflation.
Now, natural gas prices are nearly 20% off their… pic.twitter.com/En2st0EYl0
— The Kobeissi Letter (@KobeissiLetter) February 29, 2024
18. By Feb 2024 end, the S&P has hit 14 all-time highs this year.
19. At $12.71bn, last week saw the strongest equity inflows in 8 weeks for US funds.
This past week inflows accelerated for equities (to +$12.71bn, the strongest inflow in eight weeks, from +$10.37bn the prior week). pic.twitter.com/NEaSItfoSF
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) February 23, 2024
Disclaimer: The post, charts and graphs featured in this blog have been curated from various sources on X.com and the web, and represent the perspectives & analyses of the original authors. The ideas and views expressed in these charts do not necessarily reflect the opinions of Kuvera. Furthermore, Kuvera’s commentary on each post is based solely on the data shown within the chart itself and assumes no responsibility for the accuracy or reliability of the data presented. Kuvera is not liable for any interpretations or decisions made by readers based on the featured charts. Readers are advised to conduct their own research and due diligence.
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