Data and visualization source : General Government Debt
Data source : General Government Debt
Data source : General Government Debt
The context of the visualization below is to represent the distribution of the % debt owed by different countries over the period of 20 years. It is meant for the audience who want to more understand the spread of the % debt for different countires over the period. The spread over the period was not being shown accurately by the above two visualizations. This is a representation of that. As we can see from the whiskers and the inter quartile range, japan has a wide spread and range of % debt over the period, whereas chile has a very small range. The color used is somewhat nuetral to not signify any biases.
Data Information : General government debt-to-GDP ratio measures the gross debt of the general government as a percentage of GDP. It is a key indicator for the sustainability of government finance. Debt is calculated as the sum of the following liability categories (as applicable): currency and deposits; debt securities, loans; insurance, pensions and standardised guarantee schemes, and other accounts payable. Changes in government debt over time primarily reflect the impact of past government deficits. (Source mentioned above) The graphs above represent debt as a percentage of GDP.
I believe the first visualization of a bar graph is a great way to represent the % debt during the period 2015, but the second visualization is a bit tough to interpret in terms of what the range of debt is, and the blobs are not a good way to represent the % debt as it can’t be figured out from the blob and a box plot is a better visualization for the representation to show the range of the debt distibution over the period of 2 decades. The data source is mentioned in the above three graphs.