Tuesday 25 October 2011

World countries' geothermal production

Here is a graph showing countries' geothermal production for the 2007-2010 period. Some countries are not listed which may be due to the fact that data is difficult to record on each individual's method of electricity production.

The United States come first producing 15200 GWh, followed by The Philippines with 10187 GWh and Indonesia with 7882GWh.
Data retrieved from http://en.wikipedia.org/wiki/List_of_countries_by_electricity_production_from_renewable_sources.
The chart was created using http://www.chartgo.com/

Thursday 13 October 2011

Countries ordered by electricity production from renewable sources

Here is a graph showing how different countries around the world compare for their electricity production using renewable sources:





























































































The listed countries are:

Afghanistan
Albania
Algeria
Angola
Argentina
Armenia
Australia
Austria
Azerbaijan
Bangladesh
Belarus
Belgium
Belize
Benin
Bhutan
Bolivia
Bosnia and Herzegovina
Brazil
Bulgaria
Burkina Faso
Burma
Burundi
Cambodia
Cameroon
Canada
Cape Verde
Central African Republic
Chile
China
Colombia
Comoros
Republic of the Congo
Costa Rica
Cote d'Ivoire
Croatia
Cuba
Cyprus
Czech Republic
Democratic Republic of the Congo
Denmark
Dominica
Dominican Republic
Ecuador
Egypt
El Salvador
Equatorial Guinea
Eritrea
Estonia
Ethiopia
Faroe Islands
Fiji
Finland
France
Gabon
Georgia
Germany
Ghana
Greece
Guatemala
Guinea
Haiti
Honduras
Hungary
Iceland
India
Indonesia
Iran
Iraq
Ireland
Israel
Italy
Jamaica
Japan
Jordan
Kazakhstan
Kenya
Kyrgyzstan
Laos
Latvia
Lebanon
Lesotho
Lithuania
Luxembourg
Republic of Macedonia
Madagascar
Malawi
Malaysia
Mali
Mauritania
Mauritius
Mexico
Moldova
Montenegro
Morocco
Mozambique
Namibia
Nepal
Netherlands
New Caledonia
New Zealand
Nicaragua
Nigeria
North Korea
Northern Mariana Islands
Norway
Pakistan
Palau
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Poland
Portugal
Puerto Rico
RĂ©union
Romania
Russia
Rwanda
Saint Vincent and the Grenadines
Samoa
Sao Tome and Principe
Serbia
Senegal
Sierra Leone
Slovakia
Slovenia
South Africa
South Korea
Spain
Sri Lanka
Sudan
Suriname
Swaziland
Sweden
Switzerland
Syria
Tajikistan
Tanzania
Thailand
Togo
Trinidad and Tobago
Tunisia
Turkey
Turkmenistan
Uganda
Ukraine
United Kingdom
United States
Uruguay
Uzbekistan
Venezuela
Vietnam
Zambia
Zimbabwe

Data retrieved from http://en.wikipedia.org/wiki/List_of_countries_by_electricity_production_from_renewable_sources

Sunday 9 October 2011

World Interest Rates Graph

Below is a graph showing the interest rates of various countries in the world:


The countries with the lowest current interest rates (as of 9th October 2011) are Switzerland coming in first postition with 0%, then followed by Japan in second position with 0.1% and the US coming third with 0.25%.

The countries with the highest current interest rates (as of 9th October 2011) are Brazil with 12%, then followed by Egypt and India with 8.25%.

Is it better to have high or low interest rates?
Both high and low interest rates offer advantages and disadvantages.

Effects of low interest rates:
The theory expected when interest rates are low is that people will be able to buy more products and services as a result of lowered interest rate repayments. So the demand to purchase houses and cars should go up. Also people will be less inclined to invest or save money in their bank saving accounts as the return of interest is low. The rise of the demand to buy goods and services pushes prices up, so this results in inflation. If prices go up, sales of products and services abroad go down so export is affected. Also inflation results in the currency to becomes devaluated as each unit of currency buys fewer goods and services.

In conclusion what are the pros and cons of low interest rates? 
The pros for low interest rates are:
- Ability to buy more products and services,
- Boost to the economy thanks to a rise in consumer spendings,
- Belongings such as houses, gold or land go up in price.

The cons for low interest rates are:
- Less investment or savings so less capital available,
- Devaluation of currency,
- Less export trades

Effects of high interest rates:
The theory expected when interest rates are high is that banks will pass on higher interest rates to their customers' savings. So the money in savings accounts will get a good return thanks to high interest rates. Also inflation will be kept under control as the demand to buy products and services becomes steady or may go down. If goods and services are good value for money, then sales abroad go up so this results in an increase in export trades. The currency becomes stronger or is worth more as prices remain steady or may go down which means that for each unit of currency people can buy an expected amount of goods and services or more.

In conclusion what are the pros and cons of high interest rates? 
The pros for high interest rates are:
- More investment or savings so more capital available,
- Strong currency so money can be stretched further,
- More export trades.

The cons for high interest rates are:
- Lower sales of products and services as people find higher loans more difficult to pay back,
- Reduction of the rate of economic growth as a result of lower buying demand,
- Items such as houses, gold or land may go down in price.

Graph created by using the http://www.chartgo.com/ website
Data retrieved from:
http://www.fxstreet.com/

Saturday 8 October 2011

Countries' average wages

Here is a graph representing full-time average annual gross wages and salaries of some selected countries by the OECD:



The world's leading countries for best or highest gross salaries are the United States coming first in the list, followed by Luxembourg, then Switzerland!
Graph created by using the http://www.chartgo.com/ website
Data retrieved from:
http://en.wikipedia.org/wiki/List_of_countries_by_average_wage

Sunday 2 October 2011

Differences between world pensions

The other day I was looking for a comparative graph which would show the differences between the different world pension systems. I searched by typing key words such as 'compare pensions in the world', compare pensions world graphs', 'best pension in the world'etc. 
However there were very few websites showing clear differences between the different world pension systems.
It is obvious that no one would find the 'perfect' information regarding the best pension deal instantly by simply surfing the net. Pension systems are notoriously complicated and changeable depending on individuals' circumstances, tax and health systems, countries' population trends etc.
I gathered that in general, by looking at the oecd's document (listed below) the country which is currently ahead of every other one with regards to pension systems is The Netherlands, followed by Iceland and Australia, as shown in the graphs below:




The data I am referring to is found on the ocde's July 2011 issue, on pages 7 and 8, from the
http://www.oecd.org/dataoecd/63/61/48438405.pdf document.