🎓 400K US Business Graduates. >700K Biofuel Barrels Produced. Danish Health Spend.
Chart of the Day #186 looks at University Graduations, Biofuels, and Health Expenditure
Woodland Biofuels plans a $1.35B facility in Louisiana to produce sustainable biofuels, with operations starting in 2028. Denmark plans to merge two regions to form "East Denmark", reducing the number of regions to four by 2027. This aims to enhance healthcare services by concentrating resources and address disparities in medical staff distribution.
Today's Topics
🎓 University Graduations. Nearly 400K US students earn business degrees
🌱 Biofuels. Over 700K barrels of biofuels produced daily in the US
⚕️ Health Expenditure. 1.3% decline in Denmark’s health expenses
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🎓 Nearly 400K US Students Earn Business Degrees
Data on US bachelor’s degrees reveals clear gender gaps among graduates, especially in STEM fields. Over 64,000 more men graduated in engineering compared to women, and nearly 60,000 more men graduated in computer science. On the other hand, women outnumbered men by 180,000 in healthcare and by nearly 60,000 in education. The data suggests that male students prefer STEM fields, while female students favor healthcare and education degrees.
🌱 Over 700K Barrels of Biofuels Produced Daily in the US
The US led global biofuel production at 728 thousand barrels of oil equivalent per day, supported by favorable policies and technology. Brazil followed with 409 thousand barrels, primarily from sugarcane ethanol. Indonesia ranked third at 174 thousand barrels. Other producers included China, Germany, Argentina, India, and the Netherlands, highlighting the competitive landscape of biofuel production created by global sustainability goals.
⚕️ 1.3% Decline in Denmark’s Health Expenses
Denmark's health expenditure as a percentage of GDP fluctuated, starting at 8.1% in 2000 and peaking at 10.7% in 2009. The response to the COVID-19 pandemic is reflected in the rising expenditure between 2019 and 2021. By 2022, expenditure declined to 9.5% in light of the drop in patient numbers related to the pandemic. Denmark however, remains committed to universal healthcare, with public financing at 83%, well above the EU average of 75%.
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