US Defense Spending in 2023 vs. The Next 9 Countries Combined: Chart

The annual U.S. defense expenditure is the largest in the world. In 2023, the U.S. spent $916 billion on defense according to a report by Peter G.Peterson Foundation quoting SIPRI data. This amount was $55 billion higher than in 2022 in part due to military aid to Ukraine in its fight against Russia. Looking at …

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What is Money Laundering: Infographic

Money laundering is a major problem affecting many countries in the world. But what exactly is money laundering? In simple terms it is one form of “washing” illegally-sourced money to convert into good money. I came across the following more details on this process: Click to enlarge Source: The Council of the EU and the …

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Foreign-born Population as a Share of Total Population in OECD Countries: Chart

Immigration plays an important role in the economy of the OECD countries. For example, immigration especially in the illegal category is a major topic for both the parties in the upcoming elections in the US. So its important to review the share of immigrants in the population of each country. Foreign-born population as a percentage …

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