In this “very large” edition of Brookings Data Now: Brazil’s very large economy; video’s very large portion of the Internet; the very large number of U.S. jobs created and destroyed in one year; the very large student loan debt amount; and Africa’s economic growth that is not producing very large (or any) gains in employment.
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World rank of Brazil’s economy, in terms of GDP
Brazil’s GDP in terms of US$ is ahead of Italy’s, a G7 nation, and on a per-capita basis surpasses China’s, one of the other BRICS countries.
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| 30% |
Amount of Internet traffic attributable to video streaming
And videos are not just about entertainment anymore; they now include education and health care.
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| 13.4 million |
Number of private sector jobs created or destroyed in each quarter of 2012
Author
In this churn, only 600,000 net jobs were created each quarter of 2012.
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| $1.2 trillion |
Outstanding U.S. student loan balance in 2013 (at least)
This amount exceeds any other type of household debt except mortgages.
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Nigeria’s expected economic growth in 2014
Despite Nigeria’s growth outlook, and that of other parts of sub-Saharan Africa, it has failed to lead to job creation.
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