Animated Population Pyramid of the USA: Chart

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The population of the US in 1960 was 186 million. The population gradually increased each year and reached 327 million in 2018. By 2060, it is projected to exceed 403 million.

From an article I wrote back in 2016:

In 1950, the population of Russia was about just over 100 million. Since then it has not not even increased by 50%. The U.S. population in 1950 was about 150 million. From that year the population has soared by more than 100% to 324 million now. So the rate of population growth in the US is much higher than Russia.

In 2017, the population of Russia was 144 million. Compared to that figure, the US population is currently more than double.Similar to Russia, the US is blessed with vast lands that can potentially accommodate the additional population but resources are getting scarce.

I came across the below animated population pyramid of the US from 1960 to 20160:

 

Earlier:

 

Net Government Interest Costs as a Percentage of GDP

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Japan is the most indebted country in the world. Japan’s debt as a percentage of GDP is more than double that of the US. However Japan’s costs to service its national debt is much lower than that of the US as shown in the chart below.

The following chart shows the Net Government Interest Costs as Percentage of GDP:

Click to enlarge

Exhibit 6: Net government interest costs (% of GDP)
Source: Deutsche Bank Research

Source: Another Zimbabwe In the Offing? by Niels Clemen Jensen, Absolute Return Partners

The reason for the low level of debt servicing cost in Japan is in the very low interest rate there according to the author of the above piece.

Unlike Japan, the cost servicing the national debt is much higher for the US. Currently the outstanding US public debt is over $22 Trillion according to the Treasury Department. The interest expense on the outstanding debt in 2018 was over $523 billion.