The G-20 countries accounted for about 78% of the global trade in 2015 according to World Trade Organization. The largest trading countries in that year were China and the US. The US was the world’s largest importer and second largest exporter after China. The top 20 trading countries are shown in the chart below: Click …
The share of renewable energy in primary energy supply varies widely among G-20 member nations. Renewable energy can be produced from solar, hydro, biomass, wind, etc. sources. This type of energy is virtually untapped in countries like South Korea, Russia and Saudi Arabia.However certain countries are top renewable energy producers. For example, Brazil is a …
The majority of the G-20 countries recorded a deficit in 2016. Only South Korea and Germany had a budget surplus last year. In all the other countries government expenditures exceeded revenues. The gross debt level also remains high in G-20 countries. The chart below shows that Japan had the highest debt levels that was over …
Continue reading ‘General Government Gross Debt as a Percentage of GDP by Country 2016’ »
Income inequality is rising in many countries of the world especially in emerging countries and some developed countries. The Gini coefficient is one way to measure inequality. The higher the number the more inequal a country is. The chart below shows income inequality in emerging and select developed countries: Click to enlarge Inequality is a …
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The US has the highest corporate taxes in the world. The current official rate of 35% is higher than even other developed socialist countries such as Scandinavian countries and France. The chart below shows the official corporate taxes by country according to OECD data: Click to enlarge Source: FACT CHECK: Does The U.S. Have The Highest …
Continue reading ‘What Do US Corporations Really Pay in Taxes?’ »