Created by Joe Swainson, recent graduate of University Arts London (Camberwell College). He created this poster to show the shift in our world economy with emergence of certain markets. Countries covered are: United States, Japan, Germany, United Kingdom, France, Italy, Russia, Brazil, India, China. Data sources are United Nations historical data and Goldman Sachs forecasting data.

Each circle represents the size of the nation’s economy every decade from 1970 to 2050. The countries are ranked by GDP each decade from largest to smallest. Pay attention to the forecast for China, India and Brazil

If you are interested in having your work posted to Visualizing Economics let me know. Send me an email at catherine[at]visualizingeconomics.com with an example and explanation of your design, the source of your data and a link to your web site.

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Transparency: Currency: The Sinking Dollar, originally uploaded by GOOD Magazine.

Found via GOOD Magazine’s Infographics Now Archived on Flickr | FlowingData

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Instead of income this graph focuses on personal net worth. I found the pie chart at Metrics 2.0, depicting the share of personal wealth by region in 2000.

Average wealth amounted to $144,000 per person in the USA in year 2000, and $181,000 in Japan. Lower down among countries with wealth data are India, with per capita assets of $1,100, and Indonesia with $1,400 per capita.

[tags]wealth, net worth[/tags]

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In honor of the the Super Bowl, I am posting Sports Illustrated’s Fortunate 50 top-earning American athletes (earnings include salary, winnings, bonuses, and endorsements). However, only one of the players in today’s game made the list, Tom Brady of the New England Patriots, Rank: 47.

{Click on the image to take a closer look}

I found a nice table of this data on SportsColumn.com. Salaries are based on current or most recently completed seasons (exception: 2007 for NFL). For winnings-based sports (auto racing, golf, tennis), 2006 calendar year amounts used.

[tags]athletes, income, endorsements[/tags]

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I am comparing the GDP per Capita of the United States with Japan, India, China, and Indonesia over the last 500 years. (GDP per Capita for each country is in 1990 international Geary-Khamis dollars, calculated from purchasing power parities (PPPs) of currencies and average prices of commodities.)

{Click on the image to take a closer look}

Data estimates for population from Angus Maddison Emeritus Professor, Faculty of Economics, University of Groningen.

[tags]income, GDP per Capita, United States, China, India, Indonesia, Japan[/tags]

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• United States vs Great Britain: Income and Population since 1500 (0)
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After coming across this graph about the share of world GDP (China, India, and US), I started to wonder what was the percentage back to 1500? The graph below shows the share of GDP over the last 500 years for China, India, Japan, Latin America, Western Europe, and United States. (Keep in mind that the change in population size will effect the size of the GDP)

{Click on the image to take a closer look}

Data estimates for GDP from Angus Maddison Emeritus Professor, Faculty of Economics, University of Groningen.

See also:
Last 2,000 years of growth in world income and population

[tags]GDP, China, India, Japan, Latin America, United States, Western Europe[/tags]

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I created these graphs to show the change in the share of income going to the top 0.1%, comparing the United States to Canada, United Kingdom, France, and Japan from 1913-2004.

{Click on the graph to take a closer look}

The effect by the two World Wars is clear but what is more subtle is the effect on the share of income going to the very wealthy due to the change in the top income tax rate. This could be due to attempts by the very wealthy to hide their income from the IRS or else having a higher tax rate will impact the distribution of income or both. I didn’t have the marginal rates for the other countries but it would be interesting to see if they have a similar relationship between the share of total income captured by the Top 0.1 percent and income tax rates.

The income data can be found here on Emmanuel Saez’s web site. I found the marginal tax rate for the United States in the SOI Bulletin Historical Table A at the IRS site via truthandpolitics.org

[tags]income distribution, marginal tax rate[/tags]

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