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1. Correlation Matrix
#It can be seen that the chart connects growth in GDP with inflation, strongest in the US and less so in India. There is low inflation and growth in the economies of France/Germany/Japan. The GDP drops by 5% in the case of recession, and rises by 10% in the case of a boom. It is hard to understand the data because missing information about countries and their values leaves things vague. While emerging economies develop quickly, the pace of growth in wealthy countries stays slow.
2. GDP vs Inflation (Scatter Plot)
Column {data-width=550} ——————————————————— — #China and India currently
have 3% growth, which is better than the 2% achieved by the US and
Canada. Europe and Japan face lower economic growth because most of
their population is aging. Brazil has recorded a difference of -2%. The
nations in emerging Asia are going strong while those in developed
Western countries have slowed down, making it evident that there is a
global growth disparity. Advanced economies have to make changes to
support the pace of the Asian markets.
3.Average GDP Growth by Country (Bar Plot)
Column {data-width=500} ——————————————— —
#While huge structural problems cause France to have 10% unemployment, India’s surprising 2.5% might not show all of its workers’ underemployment. The work markets in Germany and Japan are not changing significantly. 7.5% of the USA can be attributed to periods of boom and bust. The information is not accurate if there is no way to fix the numbers and time period. There are huge differences in economic strength among countries, both developed and those still developing.
4. Unemployment Rate Distribution by Country
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5. Average Stock Index Value by Country
