🌎 Chart of the Day #3

For over 5 years, HolonIQ has been visualizing the global impact economy. Now, with more than 1 million charts on Climate Tech, Education, Healthcare, and the Global Economy, we're kicking off 2024 with a new daily newsletter for data-driven, global leaders who want to understand trends in strategic industries.

Today's Topics

• ☢️ Nuclear Power. China Surpassing the US in Nuclear Power?
• 🎓 Education Landscape. Two Billion more Learners by 2050
• 🩺 Healthcare Funding. India Cuts Back on Healthcare.

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☢️ China expected to take the lead in Nuclear Power

China is expected to overtake the United States as the leading nuclear power generator by the early 2030s. Projections indicate China's ascent, with nuclear power generation reaching over 840 terawatt-hours in 2035, surpassing the United States at 700 terawatt-hours.

Source: Energy Monitor

🎓 Two Billion more Learners by 2050

By 2050, there will be 2 billion more learners requiring education. The predominant surge will be in upper secondary and post-secondary education. Technological advancements, evolving employer expectations, and the demand for specialized skills are making lifelong upskilling an essential component of career progression. Continued upskilling will be critical to keep up with changing technology requirements, the decline of some, and the emergence of new industries.

Source: Wittgenstein Centre (2018)

🩺 India Cuts Back on Healthcare

India has always comparatively spent less on healthcare. There has been a notable contraction in healthcare expenditure over the past decade, with spending consistently below 3% of GDP since 2017. The latest data from 2020 reveals a healthcare spending of 2.96% of GDP, reflecting a substantial reduction from the levels observed in the early 2000s. Cuts on a vital sector like healthcare, result in a greater effect on the low-income populace who don’t have proper access to healthcare.

Source: World Bank

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