Mapped: Indian States with Cities Over 1 Million People

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May 20, 2024 Graphics/Design:

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Mapped: Indian States with Cities Over 1 Million People

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Slightly more than one-third of the 1.4 billion Indian population lives in an urban area. So where are the country’s most populous cities, and how are they spread across the country’s 28 states and eight union territories?

This map shows the number of Indian urban agglomerations (cities) with more than a million residents in each jurisdiction. Data for this graphic is sourced from 2024 urban agglomeration estimates in the UN World Urbanization Prospects.

Ranked: Indian States by Cities with 1M Residents

India’s Uttar Pradesh state has 10 cities with a population size of 1 million or more. It is also India’s most populous state, home to 240 million people. This makes it comparable to the size of Pakistan, the fifth most populous country in the world.

Indian StateCities with 1M Residents (2024)City Names Uttar Pradesh10Lucknow, Kanpur, Agra, Meerut,
Varanasi, Prayagraj,
Bareilly, Aligarh,
Moradabad, Saharanpur Kerala7Kozhikode,
Malappuram,
Thrissur, Kochi,
Thiruvananthapura,
Kannur, Kollam Maharashtra6Mumbai, Pune,
Nagpur, Nashik,
Aurangabad, Solapur Tamil Nadu6Chennai, Coimbatore,
Madurai, Tiruppur,
Tiruchirappalli, Salem Gujarat4Ahmedabad, Surat,
Vadodara, Rajkot Madhya Pradesh4Indore, Bhopal,
Jabalpur, Gwalior Jharkhand3Jamshedpur, Ranchi,
Dhanbad Karnataka3Bengaluru, Mysore,
Hubli-Dharwad Punjab3Ludhiana, Amritsar,
Jalandhar Rajasthan3Jaipur, Jodhpur, Kota West Bengal3Kolkata, Asansol, Siliguri Andhra Pradesh2Visakhapatnam,
Vijayawada Chhattisgarh2Raipur, Durg-Bhilainagar Telangana2Hyderabad, Warangal Assam1Guwahati Bihar1Patna Odisha1Bhubaneswar Uttarakhand1Dehradun Chandigarh*1Chandigargh Delhi*1New Delhi Jammu & Kashmir*1Srinagar
*Union Territories. Figures rounded. Some city names may have changed since this data was published.

Further south, Kerala (7), Maharashtra (6), and Tamil Nadu (6) also have more than five cities with a million or more people.

Meanwhile, some cities, including India’s national capital, New Delhi, are either in or are themselves union territories—areas directly administered by the central government.

Ten Indian states—most of them from the country’s northeast region—don’t have a single city with 1 million residents.

All together, India has 65 cities with more than one million inhabitants.

Comparing New and Current U.S. Tariffs on Chinese Imports

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May 16, 2024 Article/Editing: Graphics/Design:

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U.S. Announces New Tariffs On A Range of Chinese Goods

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

This week, the U.S. introduced a new series of tariff increases on Chinese imports, amounting to over $18 billion worth of goods.

In the announcement, President Biden said they are aiming to “counter China’s unfair trade practices” by targeting specific sectors where the U.S. is boosting domestic production.

This graphic shows the new and current U.S. tariff rates set on a variety of Chinese imports.

Tariff rates and implementation years for the new rates come from The White House’s May 14 press release announcing the new tariff rate increases. Implementation years for the current rates comes from the Office of the United States Trade Representative (USTR) and United States International Trade Commission (USITC).

Tariff Raises on China Hit EV and Medical Industries

Below, we show the current and new tariff rates, as well as the implementation years for both, for a range of Chinese imports, as of May 14, 2024.

ImportCurrent rateNew rateImplementation year (current rate)Implementation year (new rate) Electric vehicles (EVs)25%100%20182024 Semiconductors25%50%20182025 Solar cells25%50%20182024 Syringes and needles0%50%N/A2024 Some steel and aluminium products*†7.5%25%20192024 Lithium-ion EV batteries7.5%25%20192024 Lithium-ion non-EV batteries*7.5%25%20192026 Battery parts*7.5%25%20192024 Some personal protective equipment (PPE)*†7.5%25%20192024 Rubber medical and surgical gloves*7.5%25%20192026 Natural graphite and permanent magnets0%25%N/A2026 Other critical minerals0%25%N/A2024 Ship-to-store cranes0%25%N/A2024

†Current rate for steel and aluminium products and personal protective equipment ranges from 0 to 7.5%.

*Tariffs implemented in 2019 started at 15% and were reduced to 7.5% in January 2020

The U.S. directed many of its new tariff increases on the Chinese EV industry, targeting imports such as semiconductors, lithium-ion batteries, and other battery parts.

Notably, tariffs on electric vehicles from China were bumped to 100% and new tariffs on certain critical minerals, which are essential for manufacturing battery parts and semiconductors, were introduced.

Medical-related products, such as medical and surgical gloves and certain

Mapped: The Top Exports in Asian Countries

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May 15, 2024

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The Top Exports in Asian Countries

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Asia’s exports span a wide range, from petroleum and minerals to technology components and textile products.

In this map, we display the top exports (as of 2022) of Asian countries, excluding Middle Eastern nations. Data was sourced from The Observatory of Economic Complexity.

Editor’s Note: For our most recent Middle East themed version of this map, go here.

Diverse Economies Across the Continent

Like in many other countries around the world, petroleum is a significant component of the Asian continental economy, with petroleum products as India’s top exporting category, amounting to approximately $86 billion per year in trade.

Another top product coming from Asia is integrated circuits. These are used in a multitude of applications spanning computing, communications, consumer electronics, automotive, industrial automation, medical devices, aerospace and defense.

CountryTop Export (2022)Top Export Value (USD Billions) 🇨🇳 ChinaBroadcasting Equipment$272.0 🇹🇼 TaiwanIntegrated Circuits$223.0 🇰🇷 South KoreaIntegrated Circuits$121.0 🇯🇵 JapanCars$89.0 🇮🇳 IndiaPetroleum Products$86.2 🇸🇬 SingaporeIntegrated Circuits$81.9 🇲🇾 MalaysiaIntegrated Circuits$78.9 🇻🇳 VietnamBroadcasting Equipment$58.5 🇮🇩 IndonesiaCoal Briquettes$50.8 🇰🇿 KazakhstanPetroleum Products$47.6 🇵🇭 PhilippinesIntegrated Circuits$32.4 🇦🇿 AzerbaijanPetroleum Products$19.4 🇹🇭 ThailandMachinery$19.3 🇹🇲 TurkmenistanPetroleum Products$9.2 🇧🇩 BangladeshTextiles and Garments$9.1 🇲🇳 MongoliaCoal Briquettes$6.5 🇺🇿 UzbekistanGold$5.2 🇧🇳 BruneiPetroleum Products$4.9 🇵🇰 PakistanTextiles and Garments$4.9 🇲🇲 Myanmar (Burma)Ore & Minerals$4.1 🇰🇭 CambodiaTextiles and Garments$3.1 🇱🇦 LaosElectricity$2.4 🇱🇰 Sri LankaTea$1.3 🇬🇪 GeorgiaOre & Minerals$1.0 🇦🇲 ArmeniaOre & Minerals$0.7 🇹🇯 TajikistanGold$0.6 🇦🇫 AfghanistanCoal Briquettes$0.4 🇲🇻 MaldivesPlanes, Helicopters, Spacecraft$0.4 🇧🇹 BhutanOre & Minerals$0.3 🇹🇱 Timor-Leste (East Timor)Petroleum Products$0.3 🇳🇵 NepalPalm Oil$0.2 🇰🇬 KyrgyzstanPetroleum Products$0.1 🇰🇵 North KoreaOre & Minerals$0.03

In addition, the region is also a big manufacturer of semiconductors, crucial for applications ranging from telecommunications and artificial intelligence to

Top 10 Countries Most in Debt to the IMF

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May 14, 2024 Graphics/Design:

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Top 10 Countries Most in Debt to the IMF

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Established in 1944, the International Monetary Fund (IMF) supports countries’ economic growth by providing financial aid and guidance on policies to enhance stability, productivity, and job opportunities.

Countries seek loans from the IMF to address economic crises, stabilize their currencies, implement structural reforms, and alleviate balance of payments difficulties.

In this graphic, we visualize the 10 countries most indebted to the fund.

Methodology

We compiled this ranking using the International Monetary Fund’s data on Total IMF Credit Outstanding. We selected the latest debt data for each country, accurate as of April 29, 2024.

Argentina Tops the Rank

Argentina’s debt to the IMF is equivalent to 5.3% of the country’s GDP. In total, the country owns more than $32 billion.

CountryIMF Credit Outstanding ($B)GDP ($B, 2024)IMF Debt as % of GDP 🇦🇷 Argentina32604.35.3 🇪🇬 Egypt11347.63.1 🇺🇦 Ukraine9188.94.7 🇵🇰 Pakistan7374.71.8 🇪🇨 Ecuador6121.64.9 🇨🇴 Colombia3386.10.8 🇦🇴 Angola392.13.2 🇰🇪 Kenya3104.02.8 🇬🇭 Ghana275.22.6 🇨🇮 Ivory Coast286.92.3

A G20 member and major grain exporter, the country’s history of debt trouble dates back to the late 1890s when it defaulted after contracting debts to modernize the capital, Buenos Aires. It has already been bailed out over 20 times in the last six decades by the IMF.

Five of the 10 most indebted countries are in Africa, while three are in South America.

The only European country on our list, Ukraine has relied on international support amidst the conflict with Russia. It is estimated that Russia’s full-scale invasion of the country caused the loss of a third of the country’s economy. The country owes $9 billion to the IMF.

In total, almost 100 countries owe money to the IMF, and the grand total of all of these debts is $111 billion. The above countries (top 10) account for about 69% of these debts.

Ranked: The Top 6 Economies by Share of Global GDP (1980-2024)

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May 14, 2024 Graphics/Design:

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Top 6 Economies by Share of Global GDP (1980-2024)

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Over time, the distribution of global GDP among the world’s largest economies has shifted dynamically, reflecting changes in economic policies, technological advancements, and demographic trends.

To see how this has played out in recent decades, we visualized the world’s top six economies by their share of global GDP from 1980 to 2024.

All figures were sourced from the IMF’s World Economic Outlook (April 2024 edition) and are based on using current prices.

Data and Highlights

The data we used to create this graphic can be found in the table below.

Share of Global
GDP (%)U.S.EUChinaJapanUKIndia 198025.4%28.6%2.7%10.1%5.4%1.7% 198127.8%24.7%2.5%10.8%5.1%1.7% 198229.6%24.4%2.5%10.2%4.9%1.8% 198331.3%23.2%2.6%10.9%4.6%1.9% 198433.6%21.6%2.6%11.2%4.2%1.8% 198534.6%21.3%2.5%11.4%4.3%1.9% 198631.0%24.7%2.0%14.3%4.4%1.7% 198728.5%26.3%1.9%15.2%4.8%1.6% 198827.3%25.9%2.1%16.3%5.2%1.5% 198928.0%25.0%2.3%15.4%5.0%1.5% 199026.3%27.4%1.8%14.1%5.3%1.4% 199126.0%28.0%1.7%15.4%5.3%1.1% 199225.7%28.8%1.9%15.7%5.1%1.1% 199326.3%25.6%2.4%17.4%4.4%1.1% 199426.0%25.3%2.0%17.8%4.4%1.2% 199524.5%26.5%2.3%17.8%4.3%1.2% 199625.1%26.2%2.7%15.3%4.4%1.2% 199726.8%24.1%3.0%14.0%4.9%1.3% 199828.4%25.0%3.2%12.9%5.2%1.3% 199929.2%24.0%3.3%14.0%5.1%1.4% 200030.1%21.3%3.5%14.6%4.9%1.4% 200131.3%21.8%3.9%12.9%4.9%1.4% 200231.3%23.1%4.2%12.0%5.1%1.5% 200329.2%25.3%4.2%11.5%5.2%1.5% 200427.7%25.8%4.4%11.1%5.5%1.6% 200527.2%24.9%4.8%10.1%5.3%1.7% 200626.7%24.5%5.3%8.9%5.2%1.8% 200724.7%25.2%6.1%7.8%5.3%2.1% 200823.0%25.4%7.1%8.0%4.6%1.9% 200923.8%24.3%8.4%8.7%4.0%2.2% 201022.6%21.9%9.1%8.7%3.7%2.5% 201121.1%21.3%10.1%8.4%3.6%2.5% 201221.6%19.5%11.3%8.3%3.6%2.4% 201321.8%19.7%12.4%6.7%3.6%2.4% 201422.1%19.7%13.2%6.2%3.9%2.6% 201524.4%18.0%14.8%5.9%3.9%2.8% 201624.6%18.2%14.7%6.5%3.5%3.0% 201724.1%18.2%15.1%6.1%3.3%3.3% 201824.0%18.5%16.0%5.8%3.3%3.1% 201924.6%17.9%16.4%5.8%3.3%3.2% 202025.0%18.0%17.4%5.9%3.2%3.1% 202124.3%17.9%18.3%5.2%3.2%3.3% 202225.6%16.7%17.7%4.2%3.1%3.3% 202326.1%17.5%16.9%4.0%3.2%3.4% 2024E26.3%17.3%16.9%3.8%3.2%3.6% U.S. Resilience

Starting with the U.S., we can see that America’s share of global GDP has fluctuated quite significantly over time.

After bottoming out at 21.1% in 2011, the U.S. economy grew its relative size by several percentage points, and is estimated by the IMF to make up 26.3% of global GDP in 2024.

This chart also suggests that the U.S. has managed a stronger recovery from the COVID-19 pandemic, evidenced by its rising share of global GDP since 2020. China, the EU, and Japan have seen relative declines over the same period.

China’s Incredible Rise

This

The Biggest Salt Producing Countries in 2023

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May 13, 2024 Article/Editing: Graphics/Design:

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The Biggest Salt Producing Countries in 2023

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Humanity has utilized salt for thousands of years, dating back to ancient civilizations. The U.S. alone consumes more than 48 million tonnes of salt per year.

In this graphic, we break down global salt production in 2023, measured in tonnes. These estimates come from the U.S. Geological Survey’s latest commodity report on salt.

Ample Supply

Salt is essential for human life, serving various purposes including food preservation, flavor enhancement, industrial processes, and health maintenance. The good news is that the world’s continental resources of salt are vast, and the salt content in the oceans is nearly unlimited.

China is currently the top producer of salt, with almost 20% of the output, followed by the U.S. (15%) and India (11%).

CountryProduction (tonnes) 🇨🇳 China53,000,000 🇺🇸 United States42,000,000 🇮🇳 India30,000,000 🇩🇪 Germany15,000,000 🇦🇺 Australia14,000,000 🇨🇦 Canada12,000,000 🇨🇱 Chile9,200,000 🇲🇽 Mexico9,000,000 🇹🇷 Turkey9,000,000 🇷🇺 Russia7,000,000 🇧🇷 Brazil6,600,000 Rest of world67,000,000 Global total273,800,000

The global salt market was valued at $32.6 billion in 2022.

It’s projected to grow from $34.1 billion in 2023 to $48.6 billion by 2030, with a CAGR of 5.2% during the forecast period. This suggests a surprising amount of growth for what is one of the world’s oldest and most common commodities.

Facts About the U.S. Salt Industry

In the U.S., salt is produced by 25 companies, which operate 63 plants across 16 states.

The states that produce the most salt are Kansas, Louisiana, Michigan, New York, Ohio, Texas, and Utah. Altogether, these states account for 95% of domestic production.

The primary uses of salt in the U.S. are highway de-icing (41%), chemical production (38%), and food processing (10%).

Mapped: Southeast Asia’s GDP Per Capita, by Country

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May 8, 2024

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Mapped: Southeast Asia’s GDP Per Capita, by Country

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

In 1937, as America navigated the Great Depression, Russian-born economist Simon Kuznets presented a novel idea on measuring a country’s economy. And thus, gross domestic product (GDP) was born.

Nearly eight decades later, measuring GDP, and GDP per capita—which helps make data comparable between populations—has become a benchmark statistic to compare and contrast countries’ economies and productivity.

In this map, we compare Southeast Asia’s GDP per capita levels. Data is in current U.S. dollars, sourced from the International Monetary Fund’s DataMapper tool, last updated April 2024.

Ranked: Southeast Asian Countries by GDP Per Capita

Singapore stands head-and-shoulders above the rest of the region with a per capita GDP past $88,000. It is also, incidentally, one of the richest nations in the world by this metric.

The 734 km² country has only 5.6 million residents and very few natural resources. However the country’s strategic location makes it a center for trade and commerce.

CountryGDP Per Capita 🇸🇬 Singapore$88,450 🇧🇳 Brunei$35,110 🇲🇾 Malaysia$13,310 🇹🇭 Thailand$7,810 🇮🇩 Indonesia$5,270 🇻🇳 Vietnam$4,620 🇵🇭 Philippines$4,130 🇰🇭 Cambodia$2,630 🇱🇦 Laos$1,980 🇹🇱 Timor-Leste$1,450 🇲🇲 Myanmar$1,250
Note: Figures are rounded.

This is in sharp contrast to Brunei, Southeast Asia’s next richest country, with a per capita GDP of $35,110.

Oil is a critical part of Brunei’s economy, making it both very wealthy, but landing it in a vulnerable, resource-dependent position. Oil and gas revenues contribute half the country’s entire revenue receipts.

Two countries known for their large tourism sectors, Malaysia and Thailand rank third and fourth, at $13,310 and $7,810 respectively.

Finally, Southeast Asia’s largest economy, and the world’s fourth-most populous country Indonesia, rounds out the top five with a GDP per capita of $5,270.

Visualizing the Tax Burden of Every U.S. State

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May 8, 2024 Graphics/Design:

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Visualizing the Tax Burden of Every U.S. State

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

This map graphic visualizes the total tax burden in each U.S. state as of March 2024, based on figures compiled by WalletHub.

It’s important to understand that under this methodology, the tax burden measures the percent of an average person’s income that is paid towards state and local taxes. It considers property taxes, income taxes, and sales & excise tax.

Data and Methodology

The figures we used to create this graphic are listed in the table below.

StateTotal Tax Burden New York12.0% Hawaii11.8% Vermont11.1% Maine10.7% California10.4% Connecticut10.1% Minnesota10.0% Illinois9.7% New Jersey9.5% Rhode Island9.4% Utah9.4% Kansas9.3% Maryland9.3% Iowa9.2% Nebraska9.2% Ohio8.9% Indiana8.9% Arkansas8.8% Mississippi8.8% Massachusetts8.6% Virginia8.5% West Virginia8.5% Oregon8.4% Colorado8.4% Pennsylvania8.4% Wisconsin8.3% Louisiana8.3% Kentucky8.3% Washington8.0% New Mexico8.0% Michigan8.0% North Carolina7.9% Idaho7.9% Arizona7.8% Missouri7.8% Georgia7.7% Texas7.6% Alabama7.5% Montana7.5% South Carolina7.5% Nevada7.4% Oklahoma7.0% North Dakota6.8% South Dakota6.4% Delaware6.4% Tennessee6.1% Florida6.1% Wyoming5.7% New Hampshire5.6% Alaska4.9%

From this data we can see that New York has the highest total tax burden. Residents in this state will pay, on average, 12% of their income to state and local governments.

Breaking this down into its three components, the average New Yorker pays 4.6% of their income on income taxes, 4.4% on property taxes, and 3% in sales & excise taxes.

At the other end of the spectrum, Alaska has the lowest tax burden of any state, equaling 4.9% of income. This

Mapped: Europe’s GDP Per Capita, by Country

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May 6, 2024 Graphics/Design:

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Mapped: Europe’s GDP Per Capita, by Country (2024)

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Europe is home to some of the largest and most sophisticated economies in the world. But how do countries in the region compare with each other on a per capita productivity basis?

In this map, we show Europe’s GDP per capita levels across 44 nations in current U.S. dollars. Data for this visualization and article is sourced from the International Monetary Fund (IMF) via their DataMapper tool, updated April 2024.

Europe’s Richest and Poorest Nations, By GDP Per Capita

Luxembourg, Ireland, and Switzerland, lead the list of Europe’s richest nations by GDP per capita, all above $100,000.

RankCountryGDP Per Capita (2024) 1🇱🇺 Luxembourg$131,380 2🇮🇪 Ireland$106,060 3🇨🇭 Switzerland$105,670 4🇳🇴 Norway$94,660 5🇮🇸 Iceland$84,590 6🇩🇰 Denmark$68,900 7🇳🇱 Netherlands$63,750 8🇸🇲 San Marino$59,410 9🇦🇹 Austria$59,230 10🇸🇪 Sweden$58,530 11🇧🇪 Belgium$55,540 12🇫🇮 Finland$55,130 13🇩🇪 Germany$54,290 14🇬🇧 UK$51,070 15🇫🇷 France$47,360 16🇦🇩 Andorra$44,900 17🇲🇹 Malta$41,740 18🇮🇹 Italy$39,580 19🇨🇾 Cyprus$37,150 20🇪🇸 Spain$34,050 21🇸🇮 Slovenia$34,030 22🇪🇪 Estonia$31,850 23🇨🇿 Czech Republic$29,800 24🇵🇹 Portugal$28,970 25🇱🇹 Lithuania$28,410 26🇸🇰 Slovakia$25,930 27🇱🇻 Latvia$24,190 28🇬🇷 Greece$23,970 29🇭🇺 Hungary$23,320 30🇵🇱 Poland$23,010 31🇭🇷 Croatia$22,970 32🇷🇴 Romania$19,530 33🇧🇬 Bulgaria$16,940 34🇷🇺 Russia$14,390 35🇹🇷 Türkiye$12,760 36🇲🇪 Montenegro$12,650 37🇷🇸 Serbia$12,380 38🇦🇱 Albania$8,920 39🇧🇦 Bosnia & Herzegovina$8,420 40🇲🇰 North Macedonia$7,690 41🇧🇾 Belarus$7,560 42🇲🇩 Moldova$7,490 43🇽🇰 Kosovo$6,390 44🇺🇦 Ukraine$5,660 N/A🇪🇺 EU Average$44,200
Note: Figures are rounded.

Three Nordic countries (Norway, Iceland, Denmark) also place highly, between $70,000-90,000. Other Nordic peers, Sweden and Finland rank just outside the top 10, between $55,000-60,000.

Meanwhile, Europe’s biggest economies

The Most Valuable Companies in Major EU Economies

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May 1, 2024 Graphics/Design:

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Most Valuable Companies in the EU, by Country

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

In this graphic, we mapped out the most valuable corporations in 11 major EU economies, based on their market capitalizations as of April 15th, 2024. All figures are in USD, and were sourced from Companiesmarketcap.com.

Novo Nordisk is currently worth more than $550 billion, making it Europe’s most valuable company by a wide margin. The pharmaceutical giant specializes in diabetes and weight-loss drugs. Demand for two of them, Ozempic and Wegovy, has surged due to their weight-loss capabilities, even causing nationwide shortages in the United States.

The following table includes an expanded list of the most valuable publicly-traded company in larger EU economies. Many of these were not included in the graphic due to space limitations.

CountryCompanySectorMarket Cap 🇩🇰 Denmark💊 Novo NordiskPharmaceuticals$562B 🇫🇷 France👜 LVMHLuxury Goods$422B 🇳🇱 Netherlands🔧 ASMLSemiconductor Equipment$382B 🇩🇪 Germany💼 SAPEnterprise Software$214B 🇮🇪 Ireland🖥️ AccentureIT Services$197B 🇪🇸 Spain👗 InditexRetail$147B 🇧🇪 Belgium🍻 Anheuser-Busch InBevBeverages$116B 🇸🇪 Sweden🛠️ Atlas CopcoIndustrial Equipment$80B 🇮🇹 Italy🏎️ FerrariAutomotive$76B 🇫🇮 Finland🏦 Nordea BankBanking$40B 🇦🇹 Austria🔌 Verbund AGEnergy$26B 🇱🇺 Luxembourg🏗️ TenarisOil & Gas Equipment$22B 🇨🇿 Czech Republic💡 CEZ GroupEnergy$20B 🇵🇱 Poland⛽ PKN OrlenEnergy$20B 🇵🇹 Portugal🔌 EDP GroupEnergy$16B 🇬🇷 Greece🏦 EurobankBanking$7B 🇭🇺 Hungary⛽ MOL GroupEnergy$7B 🇭🇷 Croatia🏦 Zagrebacka BankaBanking$6B 🇷🇴 Romania⛽ RomgazEnergy$4B 🇸🇮 Slovenia💊 KrkaPharmaceuticals$4B
Note: Figures are rounded and last updated on April 15th, 2024. Countries with top publicly-traded companies worth under $4 billion are excluded.

Luxury supergiant LVMH—which owns brands like Tiffany, Christian Dior, and TAG Heuer to name a few—is Europe’s second largest company by market cap, at $420 billion.

Rounding out the top three is ASML, which produces equipment crucial to chip manufacturers, worth $380 billion.

When looking at the region, there is a vast disparity between EU member states and their most valuable companies.

For example,