Data discoveries of the week, presented in charts. This week we look at interesting data about India’s e-commerce market and that of the US, global millionaire’s wealth, stocks held by the president of India, Where the richest of the richest live, country’s with the most ageing population and more.
1. India’s e-commerce market’s contribution to the GDP ??
Contribution of India's e-commerce market ? ?️ to the overall GDP ??#ChartOfTheDay #Economy pic.twitter.com/VUuRzH5Otu
— Kuvera (@Kuvera_In) August 31, 2023
2. India’s e-commerce market is growing with strong projections ??
The boom ? in internet ? and smartphone ?penetration has led to a hypergrowth of India's ? e-commerce sector and has transformed the way business is done in India. Reports say it is set to be worth $350 Bn by 2030.#ChartOfTheDay #eCommerce pic.twitter.com/gAAjXaeC6m
— Kuvera (@Kuvera_In) August 28, 2023
3. Meanwhile, the state of US e-commerce
? Digital commerce platform payment value growth will slow but remain steady
Full analysis here: https://t.co/J2vKVQsMgX#digitalcommerce #commerce #payments pic.twitter.com/9QvUD0UXKE
— Chart of the Day (@ChartoftheDay_) August 28, 2023
4. More than 3.5 Mn people lose millionaire status due to inflation in 2022, Here’s what the global dollar millionaire scenario looks like
In 2022, US dollar millionaires worldwide dropped to 59.4M. Those with assets over $50M declined by 22,490. Food for thought: Global inequality has been decreasing this century thanks to emerging markets. #ChartofTheDay #WealthInequality pic.twitter.com/kVeXlmSjzC
— Kuvera (@Kuvera_In) August 30, 2023
5. The president of India position holds more than 70 stocks, here are the top 10 by value ?
Public sector firms are those where majority of the stocks are owned by the government as part of the President of India's portfolio.
A look at the top 10 by value ??#ChartOfTheDay pic.twitter.com/xD4mu1FhNX— Kuvera (@Kuvera_In) August 29, 2023
6. Net tax receipts have fallen but the future predictions look strong
Q1 2023-24 net tax receipts dipped 14.3% ? to ₹4.3T. This is in contrast to the past two years' overachievements. However, future tax collection projections remain strong. #ChartOfTheDay #TaxTrends pic.twitter.com/B2DCo4AlGs
— Kuvera (@Kuvera_In) September 1, 2023
7. A theory on how Google search correlates with India’s inflation tolerance
Interesting juxtaposition of data, though I think a (non-linear) line of best fit would have helped pic.twitter.com/ycCSWGyr1D
— Niranjan Rajadhyaksha (@CafeEconomics) August 30, 2023
8. Global data on women’s unpaid labor ???
Globally, women spend 2.5 additional hours on unpaid care and domestic work compared to men, reflecting traditional gender roles.
Learn more about the disparities by exploring this #SDG5 #dataviz ?https://t.co/mOGn5OIgR3 #SDGAtlas pic.twitter.com/gPRKyGHGl3
— World Bank (@WorldBank) August 31, 2023
9. ~75% of US mortgages are operating at less than 4% interest rate
~$35 billion went to money-market funds over the past week–the biggest inflows since May –Refinitiv Lipper pic.twitter.com/xUoApS8ixm
— Gunjan Banerji (@GunjanJS) August 18, 2023
10. Where do the world’s ultra-wealthy live? ?
Ranked: The World’s Wealthiest Cities, by Number of Millionaires ?
See the full list and find out more below:https://t.co/YIvZqzvICM pic.twitter.com/w5vBxuG3KN
— Visual Capitalist (@VisualCap) September 1, 2023
11. In India, the% share of the population over 60Y today is ~8%. A look at countries with the largest share of the aged. ????
??Japan stands out with one of the largest and most rapidly ageing populations.
?Several European countries including Germany and Italy also face similar demographic trends.#gender #Qatar #Djibouti #population #data #dataviz #datavisualisation #datavisualization pic.twitter.com/nYzXy2eKaP— Genuine Impact (@genuine_impact) August 30, 2023
12. Impact of rising interest rates on home mortgages in the US. ??
The mortgage payment needed to buy the median priced home for sale in the US has moved up to $2,649, a new all-time high. pic.twitter.com/dsjJQ13zGn
— Charlie Bilello (@charliebilello) August 31, 2023
13. The taxable workforce in India to grow from the current 59.1% to 78% over the next 25 years.
According to the #SBIResearchReport, the taxable workforce is expected to register growth, with its share predicted to increase from 59.1% (FY23) to 78% (FY47).
Additionally, as per the report, the count of ITR filers… pic.twitter.com/sBdGbmCB1g— NITI Aayog (@NITIAayog) August 29, 2023
14. Global capital flows into emerging markets are seeing a major reversal this year ?, largely led by outflows from China. ?
The change in global capital flows is seismic. For the past decade, China (red) attracted the bulk of capital flows to EM, often at the expense of other BRICS. But China has now seen consistent and large outflows for the past 18 months, as investors grow wary of autocracies… pic.twitter.com/tAgfRnZTfZ
— Robin Brooks (@RobinBrooksIIF) August 27, 2023
15. Monsoons have disappointed India in 2023, at least until now.
For the 4th week in a row, India recorded less rain than normal. Attached graph shows the weekly all India average rainfall this monsoon (green bar is actual rain, red bar is climatology) and the weekly % departure from normal (2nd row). Source: Monsoon Online, Data: IMD pic.twitter.com/taZJCGoBk0
— vineet kumar (@vineet_tropmet) August 24, 2023
16. As per the current market expectations of the Fed Funds Rate, another hike is likely by Nov’23.
Current market expectations for path of the Fed Funds Rate…
-Sep 20, 2023: Pause
-Nov 1, 2023: 25 bps hike to 5.50-5.75%
-Dec 13, 2023: Pause
-Jan 31, 2024: 25 bps cut to 5.25-5.50%
-Mar 20, 2024: Pause
-May 1, 2024: Pause
-Jun 12, 2024: 25 bps cut to 5.00-5.25% pic.twitter.com/sz9myuHVo6— Charlie Bilello (@charliebilello) August 27, 2023
17. When it comes to AI and tech stocks, just a handful of stocks are holding up the market ??
You can't make this up:
The S&P 7, a handful of technology stocks, are now up an incredible 54% this year.
3 weeks ago, the S&P 7 was up a massive 70%.
Meanwhile, the remaining S&P 493 is up just 4%.
These same stocks have accounted for 75% of the ENTIRE Nasdaq's gain this… pic.twitter.com/T6gwTDmT8q
— The Kobeissi Letter (@KobeissiLetter) August 27, 2023
18. The Silent Generation, Baby Boomers, Generation X and the Millenials – who has how much wealth and where. Fascinating chart showing generational distribution of wealth in the US ?
Visualizing $156 Trillion in U.S. Assets, by Generation ?https://t.co/cxhTnkmBs8 pic.twitter.com/bNsMCjdhb6
— Visual Capitalist (@VisualCap) August 30, 2023
19. State of charge: EV charging stations in Indians states 
The electric vehicle charging infrastructure in #India is growing rapidly.#Karnataka & #Maharashtra are leading at the moment.
PC: @bolt_earth pic.twitter.com/0393ny453G
— Auto News India (ANI) (@TheANI_Official) August 21, 2023
20. And prices of petrol 
? Price of Petrol Across India
Lowest Price – Uttar Pradesh
Highest Price – TelanganaUP has a Population of Over 25 Crore+ People pic.twitter.com/Va54M0cuJl
— Ravisutanjani (@Ravisutanjani) August 30, 2023
21. Job openings in the US keep falling.
Big drop: July JOLTS job openings fell to 8.827M vs. 9.5M est. & 9.165M in prior month (rev down from 9.582M) pic.twitter.com/zJ3SifQWYN
— Liz Ann Sonders (@LizAnnSonders) August 29, 2023
22. India’s costliest cities – % of salary that will go into EMI for a home.
The increment in the interest rates of home loans has affected the affordability of residential housing properties in eight major cities of India, as per a report published by, real estate consultant Knight Frank India.
The index tracks if the Equated Monthly Instalment (EMI)… pic.twitter.com/qFcC5v4sav
— Trade Brains (@TradeBrainsGrp) August 21, 2023
23. Food inflation falls in the UK.
According to BRC, UK #food #inflation was down to 11.5% in August. Will the downward trend continue? Seems likely, based on underlying supply-side factors. Negative inflation in energy, fertilisers, and commodities should feed through to lower food inflation. #dataisbeautiful pic.twitter.com/gCbX2LFfD9
— Tera Allas (@TeraPauliina) August 29, 2023
24. This amazing graphic shows the road density in India.?
Indian Roads Network.
Tells you a lot of tales about the various regions in ?? India…
You can easily mark out the Indian metropolitan cities.
The actual surprise for me is the road density in KERALA & Tamilnadu.
What's Happeing? pic.twitter.com/SaDxo2sdI5— Robonomous (@realpolity101) August 26, 2023
25. US Govt. spending going up, with tax receipts falling.
US government spending increased 14% over the last year while tax receipts declined 7%. Don't try this at home…
Video discussion: https://t.co/S3wNU4FPMI pic.twitter.com/5cM16CXjjc
— Charlie Bilello (@charliebilello) August 29, 2023
26. Real estate investment is down 45% y-o-y as of Q2 in the US.
Real estate investors have pulled back on home purchases to tune of -45% year/year as of 2Q23 … aside from 1Q23, it marks largest decline since 2008 per @Redfin data pic.twitter.com/mhUUajrjIk
— Liz Ann Sonders (@LizAnnSonders) August 31, 2023
27. An increasing number of Americans are falling behind on their home and car loan payments.
Real estate investors have pulled back on home purchases to tune of -45% year/year as of 2Q23 … aside from 1Q23, it marks largest decline since 2008 per @Redfin data pic.twitter.com/mhUUajrjIk
— Liz Ann Sonders (@LizAnnSonders) August 31, 2023
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