This whitepaper looks at the economic impact of the novel Coronavirus and attempts to gage possible global consequences, especially in the automotive and tourism sector. Compared to previous estimates, combined sales of passenger cars and motorcycles in China are estimated to decline by 69%. We estimate that revenues of the Travel & Tourism market will decrease by 17% worldwide as an impact of the novel coronavirus, resulting in a reduction of worldwide revenue in Travel and Tourism from US$685.1 billion in 2019 to US$568.6 billion in 2020.
The report is about the positive economic effects of the Pokémon Go festivals on the host cities. The first study was conducted for the Dortmund city festival in 2019, and Statista aims to undertake more studies on the upcoming Niantic Festivals to be hosted globally in 2020. This report reveals that there had been a 49-million-euro economic benefit to the Dortmund and Rhein-Ruhr Metropolitan region, as well as other positive commercial and social effects.
This study by Statista analyses direct corporate financial endorsement and sponsoring income received by athletes, leagues & teams, federations, governing bodies, and sporting events. The study quantifies the global sports sponsoring market, as well as, the shares received by men and women sports. In addition, the report highlights which sports, leagues & teams, and athletes receive the highest amount of funding though direct corporate financial sponsoring. Moreover, the study provides an in-depth analysis on the effect of sponsoring on women sports.
For the third time, Statista has published the Digital Economy Compass 2019, a standard work on digital economy. The Digital Economy Compass provides a comprehensive look at the development and trends of the digital world. In three chapters we cover the following exciting topics:
Data explosion: How is the exponential growth, where is the data stored and what is the benefit?
Artificial intelligence: potential, use cases and investments
Investment & Funding: From the biggest funds to mega-rounds to the latest market valuations
When people think of Facebook as a company, they mostly think of it synonymously with Facebook the social network. However, Facebook Inc. is much more than that, as today’s chart nicely illustrates. With WhatsApp, Instagram and of course the namesake Facebook and Messenger, the company owns four of the world’s largest social media / messaging services. Facebook alone is used by almost 2.5 billion people per month, while WhatsApp counts 2 billion monthly users and Messenger also has surpassed the billion user mark. According to company data aggregated by DataReportal, Tencent, the Chinese company behind WeChat, Qzone and messenger QQ also boasts almost 2.5 billion users in total, but it still doesn’t come close to matching Facebook’s global footprint.
Despite robust growth and record levels of electric vehicle sales in many of the largest automobile markets, combustion engines still dominate passenger car sales around the world. Plug-in electric vehicles accounted for just 2.6 percent of total passenger car and light vehicle sales/registrations last year, with just eight countries reporting a share of 5 percent or higher. Norway was the most notable exception at 56 percent, with Iceland, Sweden and Finland also featuring in the top 5 countries – a testament to the quick adoption of electric cars in nordic countries. China, which is by far the largest market for electric cars in terms of unit sales, ranked seventh behind Portugal with a share of 5.6 percent.
Even though the COVID-19 pandemic has brought passenger air traffic to a standstill across much of the world, freight is still on the move. Airports Council International has published a list of the world’s busiest airports for cargo traffic which found that the five busiest hubs handled 18.32 million metric tonnes in 2019. Hong Kong was the busiest airport for cargo movement last year with 4.80 million metric tonnes loaded and unloaded. It was followed by Memphis in second place with 4.32 million tonnes while Shanghai rounded off the top-three with 3.63 million metric tonnes.
A tracker by the University of Oxford shows how strict or lenient governments have been in their containment response to the COVID-19 pandemic. The project’s containment and health index shows shows that positive pandemic outcomes cannot in all cases be traced back to the type of response a certain government has put on. According to the index, the strictest lockdowns and containment strategies have taken place in China, Italy and India, which corresponds with some of the countries hit hardest by the coronavirus.
The ability to work from home has undoubtedly saved countless jobs across the U.S., as people with a computer and internet connection continue to operate as if they were in the office. During this COVID-19 outbreak, personal internet connections have become absolutely essential for remote work, and a recent survey shows a majority of Americans classify their internet as essential. In an April survey from the Pew Research Center, 53 percent of respondents said they viewed internet as essential to their lives during COVID-19 lockdowns. Another 34 percent viewed internet as important but not essential, while just 13 percent said it was unimportant to their pandemic lives.
In 2017, a report compiled by The Center for Popular Democracy, Law for Black Lives and the Black Youth Project 100 analyzed police budgets in major cities across America. Updated data for 2020 has now been released which shows that U.S. police departments are still receiving an astronomical percentage of discretionary funds compared to other crucial community programs. Police budgets remain high in 2020, ranging from 20 to 45 percent of discretionary funding in major metropolitan areas. The report notes that police funding levels increased in all cities analyzed in the 2017 report (though 2020 data was not available for Minneapolis) and the figures for new cities included in the analysis show that some reform has occurred.
For a gay couple planning a trip somewhere in Europe, Malta, Belgium and Luxembourg are considered the most LGBTI-friendly destinations. That’s according to the latest edition of ILGA Europe’s Rainbow List which ranks 49 European countries on a scale between 0 percent (gross violations of human rights and discrimination) and 100 percent (respect of human rights and full equality). The worst countries in the ranking for LGBTI people are Armenia, Turkey and Azerbaijan.
Some passports afford their bearers more freedom than others. Japan was once again named the country with the world’s most powerful passport by the Henley Passport Index. Since June 2019, Brazil grants Japanese citizens visa-free access, meaning Japanese passport holders now have visa-free access or visa-on-arrival access to an impressive 191 countries. Another Asian nation, Singapore, is in second place with 190 destinations. South Korea follows with visa-free travel to 189 jurisdictions. French, German, Finnish, Luxembourgian and Italian passports all follow for access to 188 countries without a prearranged visa.
Historically high unemployment, a steep economic downturn and a grim milestone reached in terms of COVID-19 deaths – the bad news keeps rolling in, and yet, the stock market has rallied through April and large parts of May, recovering much of the losses incurred in the early weeks of the pandemic. On Wednesday, Nasdaq, S&P 500 and Dow Jones, closed at 10,020, 3,190 and 26,990 points, respectively, up 43, 45 and 46 percent from their March troughs. While the latter two are still slightly in the red for the whole of 2020, the tech-heavy Nasdaq moved into positive territory in early May and climbed to a new all-time high this week.
Experts had predicted another staggering loss of jobs in the U.S. for the month of May. However, roughly 2.5 million jobs were created, bringing the national unemployment rate from nearly 15 percent down to 13 percent. Discrepancies in which jobs were created, and who received them, tell a more clear picture. While the unemployment rate declined nationally from 14.7 percent to 13.3 percent, the rate for black and Asian Americans increased between April and May. Black Americans’ unemployment rate rose from 16.7 percent to 16.8 percent, while Asian Americans’ rate rose from 14.5 percent to 15 percent.