Data discoveries of the week, presented in charts. This week we look at some fascinating data on the India’s kharif crop acerage, global EV market, decline in fertility rate, the average milk prices and more.
1. India’s defense export is at an all-time high.
According to a September announcement from the Defense Ministry, ?? India's defence exports for FY 2022-23 have surged to an all-time high, touching ~ ₹16,000 crore. Sales of BrahMos missiles and Akash air defence systems to allied nations have been major contributors. ??… pic.twitter.com/PSWaizrQAL
— Kuvera (@Kuvera_In) October 4, 2023
2. Average price of ? milk in the largest economies ?
Among the 81 countries recorded, India has one of the most affordable milk prices. Here are the milk prices in the top 10 economies in the world. ??#ChartOfTheDay #Milk pic.twitter.com/SKS5XWlOcP
— Kuvera (@Kuvera_In) October 3, 2023
3. India’s kharif crop acreage this year.
??India's 2023-24? rice production may dip ? by 2 Mn tonnes due to subpar monsoons in August, says USDA. A look at the latest acreage of various Kharif crops of the country??#ChartOfTheDay #agriculture pic.twitter.com/TZAVCTBSpV
— Kuvera (@Kuvera_In) October 5, 2023
4. UPI doing UPI things?
#UPI crosses 10 billion transactions in September for the second straight month ??#ChartOfTheDay pic.twitter.com/GTfTh9QYQs
— Kuvera (@Kuvera_In) October 6, 2023
5. Over half of the world’s population has rice as its staple food ? . Here are its largest producers ?
Rice is the world's most consumed staple and the 3rd largest agricultural production. ? Here are the countries dishing out your beloved bowl of rice. ??#riceproduction #chartoftheday pic.twitter.com/Wy3447u1OK
— Kuvera (@Kuvera_In) October 2, 2023
6. The Lok Sabha and Rajya Sabha recently passed the historic Nari Shakti Vandan Adhiniyam. Relevant because representation of women in parliament has been dismal.
On the face of it, women's share in the Lok Sabha has risen in the last few polls.
But the chart on the right tells you that the rest of the world has made even bigger strides—and India hasn't kept pace. #WomenReservationBill@ManjulPaul has the data:https://t.co/Qj7txzSIqP pic.twitter.com/sBdGRW1bUf
— Tanay Sukumar (@TanaySukumar) September 21, 2023
7. Flight of the world’s millionaires ???
The Migration of the World’s Millionaires in 2023 ✈️https://t.co/MR26VtdNmj pic.twitter.com/qefg6hQvK2
— Visual Capitalist (@VisualCap) October 5, 2023
8. High economic growth doesn’t necessarily leads to high number of jobs.
The recent @working_india report gives some important findings on India's job market shifts from the last 40 years.
Particularly striking that high?growth needn't lead to high jobs growth.@_pragyaa and @pbhatt1691 summarize in #MintPlainFacts: https://t.co/L9VXvyVNZn pic.twitter.com/AX8Xg6nSjl
— Tanay Sukumar (@TanaySukumar) September 25, 2023
9. Industrial sectors with the highest carbon emissions ??
Ranked: The Most Carbon-Intensive Sectors in the World ?️https://t.co/oOBoToO0fC pic.twitter.com/7cGdC5IiUB
— Elements (@VCElements) October 5, 2023
10. Household savings in the US contracting.
This has ONLY happened 3 times since 1947
Savings as a % of national income has entered contraction territory
The last 2 times it happened was during the:
– Financial Crisis
– PandemicThe consumer keeps getting weaker in a high interest rate – high debt environment
When the… pic.twitter.com/DVI40fB9lp
— Game of Trades (@GameofTrades_) October 4, 2023
11. South Asia remains the fastest growing region, but not yet at the pre-pandemic pace.
#SouthAsia will grow by 5.8% this year, higher than any other developing country region in the world, but slower than its pre-pandemic pace.
Read more in the #SouthAsiaDevelopment Update: https://t.co/wERmkO0CA4 pic.twitter.com/J1KNrL0ADZ
— World Bank (@WorldBank) October 6, 2023
12. Only Tech has managed to outperform the S&P 500 over the last 5 years.
Over the last 5 years, no other sector has managed to outperform the S&P 500 other than tech.
[@bespokeinvest] pic.twitter.com/hsU6fFRylI
— The Idea Farm (@TheIdeaFarm) October 5, 2023
13. Capital outlay for development across India
Capital Outlay for Development is a strong predictor of long term growth. It includes Economic (Agri, Inds, Infra, Sc&tech) & Social Services (edu, health, water, housing, urban, welfare). Data suggest that we should specially worry about Bihar, West Bengal & Punjab.
??avg in red pic.twitter.com/rsqjVQdwJG— Shamika Ravi (@ShamikaRavi) July 6, 2023
14. Signs of worry. Bank credit is contracting, something that has happened only during the Financial Crisis.
Warning: Bank credit is offically contracting
This has only happened during the Financial Crisis
Buckle up pic.twitter.com/QpF0evOdNs
— Game of Trades (@GameofTrades_) October 4, 2023
15. ~$2,000,000,000. That’s the increase in US National Debt in just 4 months.
The US National Debt has now increased by over $2 trillion since the debt ceiling was suspended just 4 months ago. pic.twitter.com/lWiHaYW7Ht
— Charlie Bilello (@charliebilello) October 5, 2023
16. More context on the above chart. US national debt is now growing faster than GDP by its largest margin ever. Debt-to-GDP ratio is 120%.
US national debt has been growing faster than GDP for nearly 10 years.
However, US national debt is now growing faster than GDP by its largest margin in history.
As of 2 weeks ago, national debt crossed $33 trillion, nearly 124 times as big as it was 70 years ago.
Over the… pic.twitter.com/fi8vzUPGmX
— The Kobeissi Letter (@KobeissiLetter) October 4, 2023
17. Similar to recently released RBI data, savings are dropping in the US too. Savings as a % of national income is contracting.
This has ONLY happened 3 times since 1947
Savings as a % of national income has entered contraction territory
The last 2 times it happened was during the:
– Financial Crisis
– PandemicThe consumer keeps getting weaker in a high interest rate – high debt environment
When the… pic.twitter.com/DVI40fB9lp
— Game of Trades (@GameofTrades_) October 4, 2023
18. Countries with extremely low fertility rates.
UN data shows that the average number of children born to each woman in China has plummeted. It is one of multiple dimensions that could transform the country’s economy, writes @martinwolf_ https://t.co/qqnpJ1knbj pic.twitter.com/NqwEdL3wqN
— Financial Times (@FT) October 4, 2023
19. China’s dominance in EV battery supply chain.
China’s dominance of the transition to electric vehicles is the latest source of geopolitical tension with the US and Europe, where policymakers face a costly catchup effort to avoid long-term dependency.
⚡️??: https://t.co/96fpIsV1tu pic.twitter.com/dBl0YbCB6J
— Bloomberg Graphics (@BBGVisualData) September 27, 2023
20. Home ownership is getting difficult for young earners in the US.
In 2022, older millennials bought fewer homes than Gen Xers or boomers. Two factors have made home ownership especially difficult for young buyers today: https://t.co/lpU9yObE3f pic.twitter.com/kRaz4L8Ztt
— Financial Times (@FT) October 5, 2023
21. Retail investors’ love affair with the Tesla stock. Check the greens of 2023.
Heard on the Street: One of the hottest questions in the stock market is how much Tesla is really worth. We created a simplified model to help you decide. https://t.co/rWGhgcDKYn
— WSJ Graphics (@WSJGraphics) September 28, 2023
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