Social Spending as a Percentage of GDP in OECD Countries: Chart

European member countries in the OECD are some of the big spenders on social spending. France tops the ranking in terms of gross public and total net social spending as a percentage of GDP. This is not surprising as the country has some of the best safety net systems in the world. It is not …

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The World’s Arctic Icebreakers

The following chart shows the world’s fleet of icebreakers in the arctic. Russia leads the list with 50 ships followed by Canada and Finland with 10 each. Click to enlarge   Source: Northern Exposure: Can the Northwest Passage live up to its billing as a maritime superhighway?, Financial Post Earlier: Russia’s Icebreaker Fleet Dominates the …

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The World’s Biggest Beef Producers: Chart

The three largest beef producers in the world are the US, Brazil and the EU. Together they account about half of the global beef production. Australia and Argentina are also some of the world’s top beef producing countries as shown in the chart below: Click to enlarge   Source: RFE/RL Updated 2/3/19: Who eats the …

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Corporate Tax Rates Have Been Declining in Major Developed Countries for Years

The Corporate Tax Rates have been on a downward slope in many developed countries for some years now. The Global Financial Crisis (GFC) gave another boost to further reduction in rates as countries struggled to stimulate their economies. The UK has the lowest corporate tax rate at 19% and politicians are considering to cut it …

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