Category Archives: Rankings

The Higher Cost of Higher Education

higher-education-international-studentsStudying abroad can be very expensive, specially if you are looking at universities in Australia or the United States.

The average cost of higher education for international students is very high in Australia, where a student is expected to pay a total of $38,516 in annual fees and cost of living. Australia is followed by the U.S. where the average cost of one year of higher education is estimated at $35,705. Other countries with a steep tab on higher education include the United Kingdom, Canada, Japan, Singapore, and Hong Kong.

On the other hand, more affordable higher education can be found in Germany, where the average cost of one year of college annual fees plus cost of living is estimated at $6,285. Other countries with affordable higher education include Spain, Taiwan, China, and Russia.

Source: International Business Times- International Students: Higher Education Is Really Inexpensive In Germany, But Not In The US [CHARTS]

 

Climbing the Income Ladder in the U.S.

us climbing income ladderAccording to an article published by the New York Times it matters where you grow up in terms of upward income mobility in the United States.

The chance that a child raised in the bottom fifth (bottom 20%) will rise to the top fifth (top 20%) varies significantly within each state and across states as well. The odds are particularly bleak for the Southeast. In cities like Charlotte, Atlanta, Raleigh, to name a few, the chances of upward mobility are few, 4% or less. By contrast, the chances of upward mobility are the best in areas of the Midwest and West, 20% or higher. The odds of climbing the income ladder are good in cities like Boston, New York, Salt Lake City, Pittsburgh, and Seattle.

Source: The New York Times: In Climbing Income Ladder, Location Matters

 

Minutes of Minimum-Wage Work to Buy a Big Mac Burger

minutes of work for a big macUsing the criteria of the Big Mac Index developed by The Economist in 1986 as a way to measure if currencies are valued at the right level, the International Business Times created this visualization showing how many minutes a minimum-wage worker needs to work in order to buy a Big Mac burger.

As it turns out, a minimum-wage worker in Afghanistan needs to work 372 minutes (6.2 hours) in order to buy a Big Mac burger. In contrast, a minimum-wage worker in Australia needs to work only 18 minutes to buy a Big Mac burger.

Source: International Business Times: Minutes Of Minimum-Wage Work To Buy A Big Mac: 36 minutes in the US, 6 hours in Afghanistan

 

The Most and Least Ethnically Diverse Countries

diversity map harvardUsing data from the Harvard Institute for Economic Research, The Washington Post created this map that shows how ethnically diverse is a country.

Dark green countries are the more ethnically diverse. Such is the case of Canada, Mexico, several South American countries, including Peru, Bolivia, and Ecuador. The most ethnically diverse countries are located in Africa. In contrast, dark orange countries are more ethnically homogenous. That is the case of most European nations, China, Japan, South and North Korea, and Australia.

 

The United States Leads in Mobile Monetization

us leads in mobile monetizationAccording to Statista global revenue from mobile advertising almost doubled in 2012, increasing from $4.9 billion back in 2011 to $9.1 billion.

In North America alone, the amount spent on mobile ads per mobile subscription reached $9.39 on 2012 compared to $4.53 on the previous year. That fact puts North America as the leader in mobile advertising worldwide. Western Europe follows with $2.91 spent on mobile ads per mobile subscription, more than double the amount spent on the previous year.

 

China at the Top of Renewable Energy Investment

china leads energy investmentIn 2012 China’s investment in renewable energy surpassed the investment by the United States for the previous year and for the same year. In fact, China’s is ahead every other nation including Germany, Japan, and Italy.

China’s investment in renewable energy exceeded $60 billion for 2012, compared to an estimated $36 billion in the United States, and $23 billion in Germany for the same year.

Source: Statista: China Leads the Way in Renewable Energy Investment

 

Total Population Undernourished in 2012

undernourishment hunger map 2012About 870 million people are still undernourished around the world, specially in developing countries. Undernourishment is defined as the lack of sufficient caloric intake.

The situation is specially serious in Africa. In countries like Sudan, South Sudan, Eritrea, etc. more than 35% of the population is undernourished. Other countries where a high percentage of the population is undernourished include North Korea, Laos, Paraguay, Haiti, to name a few.

Source: Food and Agriculture Organization of the United Nations: The FAO Hunger Map 2012

 

Deaths from Organized Internal Conflict

deaths from organized internal conflictThe number of deaths as a result of internal armed conflicts has increased dramatically from 37,300 back in 2007 to 178,300 in 2012. Internal conflict is defined as armed conflict between two parties, one of which is the government of that country.

For 2012, the largest number of deaths have occurred in Syria (40.9%), Libya (17.3%), Mexico (14.2%), and Pakistan (5.2%). The areas of major conflict have switched from Iraq and Afghanistan back in 2007 to Syria and Libya in 2012.

Source: The Economist: Syria v Libya v Iraq – A numerical evaluation of recent conflict

 

Stock Performance of Selected Internet Companies in 2013

stock performance of selected internet comanies 2013The year 2013 has been a good year, so far, for selected internet companies. In this chart by Statista we can see the percentage change since January 2013 to July 12, 2013 for the stock performance of companies like Yahoo, Google, Amazon, etc.

The best performer has been LinkedIn with a 77.5 percentage change since January 2013. LinkedIn is followed by Yahoo, Google, AOL, Amazon, and eBay. Facebook, on the other hand, has seen a decline in its stock performance in the same period of time.

 

 

Oil Production and Consumption by Country

oil production and consumption since 1965When it comes to oil production and consumption, countries have a very close relationship of interdependence with each other. Some countries consume more oil than what they produce relying on imports to satisfy their internal demand. Others, consume less than what they produce, being able to export oil to nations that need it.

Oil consumption (yellow) for the United States, for example, was larger than its production (grey) for 2012, 18.55 mb/d (million barrels per day) compared to 8.9 mb/d, importing more than double its production to satisfy the gap in internal demand. Other nations with oil consumption higher that oil production include China, Brazil, Australia, India, UK, and Indonesia.

In contrast, oil consumption for Saudi Arabia for 2012 is estimated at 2.94 mb/d, while its production reached 11.53 md/d, exporting its oil surplus to the rest of the world. Other nations whose oil production exceeds its oil consumption include Canada, Mexico, Venezuela, Norway, Russia, Kuwait, United Arab Emirates, and Qatar.

Source: Winston Smith Labs: Global Oil Production and Consumption since 1965 [Interactive Map/Graph]