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Ranked: Countries With the Biggest Change in Life Expectancy Since 1965

2026-01-07 23:31:07

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Stacked bar chart showing the countries with the biggest change in life expectancy since 1965.

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Ranked: Countries With the Biggest Change in Life Expectancy

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • In the Maldives, a country south of India, life expectancy has doubled since 1965 to reach 82 years.
  • Similarly, life expectancy in Afghanistan, Oman, and Bhutan have nearly doubled, sitting among the largest absolute gains in life expectancy worldwide.

Back in 1965, the average life expectancy globally was 54 years, and has since risen by about 20 years as of 2025.

Nearly every country has seen gains over this period, though a small group has far outpaced the global average, adding more than three decades to life expectancy. To put this in perspective, America has seen roughly a nine year increase in life expectancy over six decades.

This graphic shows which countries have gained the most in life expectancy since 1965, based on data from Our World in Data and the United Nations.

Where Change in Life Expectancy Accelerated the Most

Here are the countries with the biggest increases in period life expectancy, which indicates how long a newborn would live on average, given the death rates of that year.

Country Life Expectancy
at Birth 1965
Life Expectancy
at Birth 2025
Change 1965-2025
🇲🇻 Maldives 41 82 41
🇴🇲 Oman 41 81 40
🇧🇹 Bhutan 38 74 36
🇩🇿 Algeria 43 77 34
🇾🇪 Yemen 36 70 34
🇹🇱 Timor-Leste 35 68 33
🇦🇫 Afghanistan 35 67 32
🇮🇷 Iran 46 78 32
🇲🇼 Malawi 36 68 32
🇸🇦 Saudi Arabia 48 80 32
🇪🇭 Western Sahara 41 72 31
🇧🇩 Bangladesh 46 76 30
🇬🇲 Gambia 37 67 30
🇲🇦 Morocco 46 76 30
🇳🇵 Nepal 41 71 30
🇪🇷 Eritrea 40 69 29
🇬🇼 Guinea-Bissau 36 65 29
🇮🇩 Indonesia 43 72 29
🇲🇱 Mali 32 61 29
🇸🇳 Senegal 40 69 29
🇸🇸 South Sudan 29 58 29
🇹🇳 Tunisia 48 77 29
🇱🇦 Laos 42 70 28
🇰🇷 South Korea 56 84 28
🇦🇴 Angola 38 65 27
🇰🇭 Cambodia 44 71 27
🇪🇹 Ethiopia 41 68 27
🇮🇳 India 46 73 27
🇦🇪 United Arab Emirates 56 83 27
🇨🇳 China 53 79 26

The Maldives leads globally, with average life expectancy increasing by 41 years since 1965 to reach 82 in 2025.

Like the Maldives, several countries in Asia have seen lifespans extend notably. In 1965, average life expectancy in Afghanistan was 35 years, and has now risen to 67. India, meanwhile, has seen average lifespans increase by 27 years amid growing economic expansion and advancements in healthcare.

When you look across Africa, Algeria has witnessed the strongest gain in life expectancy overall. In 2025, the average stands at 77 years—up from 43 in 1965— sitting among the highest in Africa. Going further, nine African countries have added at least 27 years to their life expectancy.

As we can see, China also ranks among the top countries by change in life expectancy, with a gain of 26 years since 1965. On average, this equaled a 22-week increase in life expectancy per year during a time of rapid economic transformation.

Learn More on the Voronoi App

To learn more about this topic, check out this graphic on the countries with the highest and lowest life expectancy in the world.

Mapped: Global Inflation by Country in 2025

2026-01-07 21:02:54

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Map showing inflation by country in 2025.

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Mapped: Global Inflation by Country in 2025

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • Global inflation averaged 4.2% in 2025, with many countries showing resilience in the face of historic U.S. tariffs.
  • In the U.S., inflation declined from 3% in 2024 to 2.7% in 2025.
  • Inflation was highest in Venezuela, at 269.9% for the year.

Global inflation fell moderately to 4.2% in 2025, in spite of U.S. tariffs hitting century highs.

For 2026, the IMF projects inflation to decline even further to 3.7% in 2026, even as tariff impacts continue to materialize. This is being driven by weak price growth in China and below-target inflation in many European countries.

This graphic shows inflation by country in 2025, based on data from the IMF’s latest World Economic Outlook.

A Closer Look at Inflation by Country

Below, we show the inflation rates of 191 countries and territories worldwide in 2025:

Rank Country Continent Inflation Rate 2025 (%)
1 🇻🇪 Venezuela South America 269.9
2 🇸🇸 South Sudan Africa 97.5
3 🇿🇼 Zimbabwe Africa 89.0
4 🇸🇩 Sudan Africa 87.2
5 🇮🇷 Iran Asia 42.4
6 🇦🇷 Argentina South America 41.3
7 🇧🇮 Burundi Africa 37.3
8 🇹🇷 Türkiye Asia 34.9
9 🇲🇲 Myanmar Asia 31.0
10 🇲🇼 Malawi Africa 28.2
11 🇭🇹 Haiti North America 27.8
12 🇳🇬 Nigeria Africa 23.0
13 🇦🇴 Angola Africa 21.6
14 🇧🇴 Bolivia South America 20.8
15 🇾🇪 Yemen Asia 20.4
16 🇪🇬 Egypt Africa 20.4
17 🇬🇭 Ghana Africa 16.6
18 🇿🇲 Zambia Africa 14.2
19 🇪🇹 Ethiopia Africa 13.0
20 🇺🇦 Ukraine Europe 12.6
21 🇰🇿 Kazakhstan Asia 11.4
22 🇧🇩 Bangladesh Asia 10.0
23 🇱🇷 Liberia Africa 9.8
24 🇸🇹 São Tomé and Príncipe Africa 9.7
25 🇸🇱 Sierra Leone Africa 9.4
26 🇺🇿 Uzbekistan Asia 9.1
27 🇷🇺 Russia Europe 9.0
28 🇸🇷 Suriname South America 9.0
29 🇨🇩 DR Congo Africa 8.8
30 🇲🇬 Madagascar Africa 8.4
31 🇲🇳 Mongolia Asia 8.3
32 🇰🇬 Kyrgyz Republic Asia 8.0
33 🇱🇦 Laos Asia 7.8
34 🇰🇮 Kiribati Oceania 7.8
35 🇲🇩 Moldova Europe 7.7
36 🇬🇲 Gambia Africa 7.5
37 🇷🇴 Romania Europe 7.3
38 🇧🇾 Belarus Europe 7.0
39 🇷🇼 Rwanda Africa 7.0
40 🇳🇷 Nauru Oceania 6.1
41 🇹🇳 Tunisia Africa 5.9
42 🇦🇿 Azerbaijan Asia 5.7
43 🇧🇷 Brazil South America 5.2
44 🇲🇭 Marshall Islands Oceania 5.2
45 🇪🇪 Estonia Europe 5.1
46 🇨🇴 Colombia South America 4.9
47 🇲🇿 Mozambique Africa 4.9
48 🇵🇬 Papua New Guinea Oceania 4.8
49 🇺🇾 Uruguay South America 4.7
50 🇭🇳 Honduras North America 4.6
51 🇨🇫 Central African Republic Africa 4.6
52 🇷🇸 Serbia Europe 4.6
53 🇱🇸 Lesotho Africa 4.5
54 🇵🇰 Pakistan Asia 4.5
55 🇭🇺 Hungary Europe 4.5
56 🇭🇷 Croatia Europe 4.4
57 🇨🇱 Chile South America 4.3
58 🇮🇸 Iceland Europe 4.2
59 🇸🇰 Slovak Republic Europe 4.2
60 🇯🇲 Jamaica North America 4.2
61 🇳🇪 Niger Africa 4.2
62 🇫🇲 Micronesia Oceania 4.1
63 🇲🇪 Montenegro Europe 4.1
64 🇳🇵 Nepal Asia 4.1
65 🇰🇪 Kenya Africa 4.0
66 🇧🇦 Bosnia and Herzegovina Europe 4.0
67 🇹🇩 Chad Africa 4.0
68 🇬🇪 Georgia Asia 3.9
69 🇲🇽 Mexico North America 3.9
70 🇲🇺 Mauritius Africa 3.9
71 🇲🇰 North Macedonia Europe 3.9
72 🇹🇲 Turkmenistan Asia 3.9
73 🇵🇾 Paraguay South America 3.9
74 🇲🇻 Maldives Asia 3.9
75 🇹🇯 Tajikistan Asia 3.8
76 🇵🇱 Poland Europe 3.8
77 🇺🇬 Uganda Africa 3.8
78 🇱🇻 Latvia Europe 3.8
79 🇩🇴 Dominican Republic North America 3.7
80 🇳🇦 Namibia Africa 3.7
81 🇨🇲 Cameroon Africa 3.7
82 🇧🇬 Bulgaria Europe 3.6
83 🇬🇾 Guyana South America 3.6
84 🇨🇬 Congo Africa 3.6
85 🇸🇴 Somalia Africa 3.6
86 🇱🇹 Lithuania Europe 3.6
87 🇦🇹 Austria Europe 3.6
88 🇽🇰 Kosovo Europe 3.5
89 🇲🇱 Mali Africa 3.5
90 🇩🇿 Algeria Africa 3.5
91 🇸🇿 Eswatini Africa 3.5
92 🇦🇬 Antigua and Barbuda North America 3.5
93 🇸🇧 Solomon Islands Oceania 3.4
94 🇬🇧 United Kingdom Europe 3.4
95 🇻🇳 Vietnam Asia 3.4
96 🇧🇼 Botswana Africa 3.4
97 🇿🇦 South Africa Africa 3.4
98 🇦🇲 Armenia Asia 3.3
99 🇹🇿 Tanzania Africa 3.3
100 🇰🇲 Comoros Africa 3.3
101 🇯🇵 Japan Asia 3.3
102 🇮🇱 Israel Asia 3.2
103 🇬🇷 Greece Europe 3.1
104 🇬🇳 Guinea Africa 3.1
105 🇹🇴 Tonga Oceania 2.9
106 🇬🇶 Equatorial Guinea Africa 2.9
107 🇳🇱 Netherlands Europe 2.9
108 🇮🇳 India Asia 2.8
109 🇩🇲 Dominica North America 2.8
110 🇳🇿 New Zealand Oceania 2.7
111 🇺🇸 United States North America 2.7
112 🇦🇺 Australia Oceania 2.6
113 🇧🇪 Belgium Europe 2.6
114 🇲🇷 Mauritania Africa 2.5
115 🇨🇿 Czech Republic Europe 2.5
116 🇸🇮 Slovenia Europe 2.5
117 🇹🇬 Togo Africa 2.4
118 🇧🇹 Bhutan Asia 2.4
119 🇳🇴 Norway Europe 2.4
120 🇲🇹 Malta Europe 2.4
121 🇪🇸 Spain Europe 2.4
122 🇸🇪 Sweden Europe 2.3
123 🇦🇱 Albania Europe 2.3
124 🇱🇺 Luxembourg Europe 2.3
125 🇧🇧 Barbados North America 2.3
126 🇯🇴 Jordan Asia 2.2
127 🇰🇼 Kuwait Asia 2.2
128 🇦🇩 Andorra Europe 2.2
129 🇵🇹 Portugal Europe 2.2
130 🇩🇪 Germany Europe 2.1
131 🇸🇦 Saudi Arabia Asia 2.1
132 🇧🇯 Benin Africa 2.1
133 🇻🇨 St. Vincent and the
Grenadines
North America 2.1
134 🇸🇲 San Marino Europe 2.0
135 🇸🇳 Senegal Africa 2.0
136 🇳🇮 Nicaragua North America 2.0
137 🇬🇼 Guinea-Bissau Africa 2.0
138 🇰🇷 South Korea Asia 2.0
139 🇨🇦 Canada North America 2.0
140 🇹🇻 Tuvalu Oceania 2.0
141 🇩🇰 Denmark Europe 1.9
142 🇫🇮 Finland Europe 1.8
143 🇮🇩 Indonesia Asia 1.8
144 🇼🇸 Samoa Oceania 1.8
145 🇵🇼 Palau Oceania 1.8
146 🇱🇾 Libya Africa 1.8
147 🇭🇰 Hong Kong SAR Asia 1.8
148 🇻🇺 Vanuatu Oceania 1.7
149 🇹🇼 Taiwan Asia 1.7
150 🇵🇪 Peru South America 1.7
151 🇰🇳 St. Kitts and Nevis North America 1.7
152 🇬🇹 Guatemala North America 1.7
153 🇮🇪 Ireland Europe 1.7
154 🇮🇹 Italy Europe 1.7
155 🇰🇭 Cambodia Asia 1.6
156 🇦🇪 UAE Asia 1.6
157 🇵🇭 Philippines Asia 1.6
158 🇲🇾 Malaysia Asia 1.6
159 🇩🇯 Djibouti Africa 1.5
160 🇮🇶 Iraq Asia 1.5
161 🇨🇻 Cabo Verde 1.5
162 🇹🇹 Trinidad and Tobago North America 1.5
163 🇧🇿 Belize North America 1.4
164 🇵🇷 Puerto Rico North America 1.4
165 🇬🇦 Gabon Africa 1.4
166 🇧🇫 Burkina Faso Africa 1.3
167 🇬🇩 Grenada 1.2
168 🇲🇦 Morocco Africa 1.2
169 🇫🇷 France Europe 1.1
170 🇪🇨 Ecuador South America 1.1
171 🇨🇮 Côte d'Ivoire Africa 1.0
172 🇸🇬 Singapore Asia 0.9
173 🇴🇲 Oman Asia 0.9
174 🇹🇱 Timor-Leste Asia 0.9
175 🇦🇼 Aruba 0.8
176 🇨🇾 Cyprus Asia 0.7
177 🇲🇴 Macao Asia 0.5
178 🇧🇸 Bahamas North America 0.5
179 🇸🇨 Seychelles 0.4
180 🇨🇷 Costa Rica North America 0.4
181 🇧🇳 Brunei Darussalam Asia 0.4
182 🇱🇨 St. Lucia 0.4
183 🇸🇻 El Salvador North America 0.3
184 🇧🇭 Bahrain Asia 0.3
185 🇹🇭 Thailand Asia 0.2
186 🇱🇮 Liechtenstein Europe 0.1
187 🇨🇭 Switzerland Europe 0.1
188 🇶🇦 Qatar Asia 0.1
189 🇫🇯 Fiji Oceania 0.1
190 🇨🇳 China Asia 0.0
191 🇵🇦 Panama North America -0.1

Venezuela faces the highest inflation on the planet, at 269.9% in 2025, and this is set to jump to 682% in 2026.

Over 2025, the Venezuelan bolivar depreciated 82.7% against the dollar as U.S. sanctions and warship deployment targeting alleged drug traffickers contributed to inflationary pressures. Now, with Maduro’s ouster, the outlook for the economy remains uncertain.

For the U.S., inflation stood at 2.7% and is forecast to fall to 2.4% in 2026. Overall, tariffs were estimated to increase inflation by 0.5 percentage points in 2025, far lower than initially feared.

China, on the other hand, saw inflation sit at 0.0%, one of the lowest rates globally. Deflationary pressures, from excess production to a weak labor market, significantly impacted the economic climate. In 2026, inflation is set to rise to 0.8% fueled by economic stimulus measures that aim to boost domestic consumption.

Meanwhile, several European economies saw moderate inflation in 2025 amid low energy and import prices. In France, inflation stood at 1.1%, while Italy and Germany saw rates of 1.7% and 2.1%, respectively.

Learn More on the Voronoi App

To learn more about this topic, check out this graphic on inflation forecasts for OECD countries through 2026.

How Venezuela’s Oil Reserves Compare to the Rest of the World

2026-01-07 07:12:21

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This visualization compares proven oil reserves across major producing countries.

How Venezuela’s Oil Reserves Compare to the Rest of the World

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • Venezuela holds the world’s largest proven oil reserves, accounting for about 17% of the global total.
  • Despite its vast reserves, Venezuela’s oil production remains a fraction of its historical peak.

Venezuela sits atop the largest oil reserves on the planet, yet its role in global energy markets is far smaller than in past decades.

While countries like the United States and Saudi Arabia dominate daily oil production, Venezuela’s output has steadily declined over the past several decades.

This visualization compares proven oil reserves across major producing countries. Reserves represent the volume of oil that can be economically produced under current conditions. The data for this visualization comes from OPEC’s Annual Statistical Bulletin 2025.

Venezuela’s Unmatched Reserve Base

Venezuela holds an estimated 303 billion barrels of proven oil reserves, the largest of any country and well ahead of Saudi Arabia. These reserves account for roughly 17% of the global total.

Most of this oil is concentrated in the Orinoco Belt, where deposits are predominantly heavy crude. While abundant, this type of oil is more expensive to produce and requires specialized infrastructure.

Rank Country 2024 (Billion Barrels)
1 🇻🇪 Venezuela 303,221
2 🇸🇦 Saudi Arabia 267,200
3 🇮🇷 Iran 208,600
4 🇨🇦 Canada 163,000
5 🇮🇶 Iraq 145,019
6 🇦🇪 United Arab Emirates 113,000
7 🇰🇼 Kuwait 101,500
8 🇷🇺 Russia 80,000
9 🇱🇾 Libya 48,363
10 🇺🇸 United States 45,014
11 🇳🇬 Nigeria 37,280
12 🇰🇿 Kazakhstan 30,000
13 🇨🇳 China 28,182
14 🇶🇦 Qatar 25,244
15 🇧🇷 Brazil 15,894
16 🇩🇿 Algeria 12,200
17 🇪🇨 Ecuador 8,273
18 🇦🇿 Azerbaijan 7,000
19 🇳🇴 Norway 6,912
20 🇲🇽 Mexico 5,136
21 🇸🇩 Sudan 5,000
22 🇮🇳 India 4,981
23 🇴🇲 Oman 4,971
24 🇻🇳 Vietnam 4,400
25 🇪🇬 Egypt 3,300
26 🇦🇷 Argentina 2,999
27 🇲🇾 Malaysia 2,700
28 🇦🇴 Angola 2,550
29 🇮🇩 Indonesia 2,410
30 🇨🇴 Colombia 2,019
31 🇬🇦 Gabon 2,000
32 🇨🇬 Congo 1,811
33 🇦🇺 Australia 1,803
34 🇬🇧 United Kingdom 1,500
35 🇧🇳 Brunei 1,100
36 🇬🇶 Equatorial Guinea 1,100
37 🇹🇲 Turkmenistan 600
38 🇺🇿 Uzbekistan 594
39 🇺🇦 Ukraine 395
40 🇩🇰 Denmark 365
41 🇧🇾 Belarus 198
42 🇨🇱 Chile 150

Despite its reserve dominance, Venezuela ranked just 21st in oil production in 2024, producing about 960,000 barrels per day.

At its peak in the 1970s, the country pumped as much as 3.5 million barrels per day, representing more than 7% of global output at the time. Production fell sharply during the 2010s and averaged roughly 1.1 million barrels per day last year, or about 1% of global production.

Politics, Sanctions, and Investment Challenges

Decades of mismanagement, underinvestment, and international sanctions have constrained Venezuela’s oil sector.

Although some Western firms, including U.S.-based Chevron, continue to operate in the country, their presence has diminished significantly as sanctions expanded and exports were targeted.

Venezuela was a founding member of OPEC, alongside Iran, Iraq, Kuwait, and Saudi Arabia, but its influence within the group has waned as production declined.

Learn More on the Voronoi App

If you enjoyed today’s post, check out The Future of World Energy Supply (2024–2050), Charted on Voronoi, the new app from Visual Capitalist.

All of the World’s Silver Reserves by Country, in One Visualization

2026-01-07 02:32:24

See more visuals like this on the Voronoi app.

As silver prices hit record highs, this Voronoi graphic breaks down global silver reserves by country, highlighting Peru’s dominance.

Use This Visualization

All of the World’s Silver Reserves by Country, in One Visualization

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • Peru alone holds roughly 22% of the world’s known silver reserves.
  • Mexico dominates global silver production, but its reserve base is much smaller than several peers.

Silver prices surged to new all-time highs in December, extending a powerful end-of-year rally supported by geopolitical uncertainty and a weaker U.S. dollar.

Silver futures briefly touched around $80, marking an unprecedented 160% rally in 2025 that outpaced even gold. Against this backdrop, understanding where the world’s silver reserves are concentrated provides crucial context for future supply dynamics.

The data for this visualization comes from the U.S. Geological Survey’s Mineral Commodity Summaries (January 2025). It estimates total global silver reserves at about 641,400 metric tons.

Peru’s Dominant Reserve Position

Peru stands out as the single largest holder of silver reserves, with an estimated 140,000 metric tons. This represents roughly 22% of the global total, giving the country a uniquely strategic position in the silver market.

Rank Country Reserves (metric tons) % of World Total
1 🇵🇪 Peru 140,000 21.9%
2 🇦🇺 Australia 94,000 14.7%
3 🇷🇺 Russia 92,000 14.4%
4 🇨🇳 China 70,000 10.9%
5 🇵🇱 Poland 61,000 9.5%
6 🇲🇽 Mexico 37,000 5.8%
7 🇨🇱 Chile 26,000 4.1%
8 🇺🇸 United States 23,000 3.6%
9 🇧🇴 Bolivia 22,000 3.4%
10 🇮🇳 India 8,000 1.3%
11 🇦🇷 Argentina 6,500 1.0%
12 🇨🇦 Canada 4,900 0.8%
-- 🌐 Other countries 57,000 8.9%
-- 🌍 World total 641,400 100.0%

Behind Peru is a cluster of countries with substantial, but smaller, reserve bases. Australia, Russia, and China each hold between 70,000 and 94,000 metric tons, collectively accounting for about 40% of global reserves.

Production Powerhouses vs. Reserve Depth

Mexico offers a striking contrast between production and reserves. It leads the world in silver production, yet holds just 37,000 metric tons of reserves, or about 6% of the global total. Currently, Mexico’s mining sector relies on intensive extraction with fewer projects with established reserves in the pipeline.

Silver in Green Technology

Global silver demand is poised to soar in the next decade, driven by emerging technologies like electric vehicles and solar power.

Silver demand from solar alone has grown from less than 50 million ounces (Moz) a decade ago to an expected 160 Moz in 2023.

Learn More on the Voronoi App

If you enjoyed today’s post, check out Mapped: Which Countries Hold the Most Gold Reserves? on Voronoi, the new app from Visual Capitalist.

Charted: Winners and Losers in U.S. Stocks Over the Last Year

2026-01-06 23:27:52

Charted: Winners and Losers in U.S. Stocks Over the Last Year

Winners and Losers in U.S. Stocks Over the Last Year

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • Google was one of the big winners of 2025, beating out the rest of the Magnificent Seven.
  • Losers included several prominent sectors, from real estate (REITs) to non-AI software companies.

The above visualization shows a heatmap of U.S. stock performance over the trailing 12 months, inclusive of January 5th, 2026 data.

The heatmap and data come from Finviz.com, a platform we highly recommend for any of your stock market data visualization needs.

U.S. Stock Market: Winners in 2025

Overall, the S&P 500 posted its third straight year with 15% or higher gains. These gains were largely driven by specific sectors that boomed: specifically those tied to AI and the hyperscaling of data centers.

1. Google

In 2025, Google (Alphabet) was the biggest individual winner, completing its redemption arc in the world of big tech. It beat out other Magnificent Seven companies handily with a 60%+ return.

In short: Google surged in 2025 after proving that AI strengthened rather than disrupted its core search and advertising business, with AI-powered results boosting user engagement, ad pricing, and margins. The release of Gemini 3 also helped flip the AI narrative, showing that Google was a leader in the field.

2. Banks

Big diversified banks had a great year, with each bank in the following segment posting double-digit (or higher) gains:

Diversified banks stock performance in 2025

Higher interest rates, a rebound in capital markets, and strong consumer and wealth businesses were all firing at once for banks, creating multiple sources of profit. Their scale and diversification helped offset weaker areas like commercial real estate and outperform more specialized lenders.

3. Semiconductors

As the world races to build out AI infrastructure, chipmakers like Nvidia (+40%), AMD (+83%), TSMC (+63%), and Broadcom (+48%) saw big double-digit gains over the last year.

The biggest winner in this category was Micron (+271%), a leading memory chipmaker. Higher demand and prices for DRAM and high-bandwidth memory drove rapid profit growth and a major re-rating of the stock.

4. Aerospace & Defense

Aerospace and defense stocks rose in 2025 as elevated global tensions, rising defense budgets, and sustained military aid commitments drove strong order backlogs and long-term revenue visibility for major contractors. GE Aerospace (+94%) and RTX (+63%) were two top performers.

5. Gold & Mining

Gold and mining stocks gained in 2025 as central bank buying, geopolitical risk, and expectations of easier monetary policy pushed gold prices to record highs, boosting margins and cash flows for producers.

U.S. Stock Market: Losers in 2025

1. Real Estate (REITs)

REITs struggled throughout the last year as elevated interest rates kept borrowing costs high and pressured property valuations, especially in office and commercial real estate. Higher bond yields also made income-oriented real estate less attractive relative to safer fixed-income alternatives.

Real Estate (REITs) performance in 2025

Healthcare facility REITs avoided some of the damage, with Welltower Inc. (+47%) posting some of the strongest gains.

2. Software Applications

Non-AI software stocks lagged in 2025 as investors rotated away from high-valuation growth names toward companies with immediate AI monetization and stronger cash flows.

Flagship examples of this effect can be seen in the stock performance of heavyweights like Salesforce (-23%), Adobe (-25%), ServiceNow (-30%), and SAP (-2%).

3. Oil and Gas (Upstream)

Upstream oil and gas stocks underperformed as energy prices stabilized and production growth limited upside despite ongoing geopolitical risks. Investors also favored capital discipline and shareholder returns over aggressive exploration, muting growth narratives in the sector.

4. Consumer Staples

Considered a defensive sector, it was believed that consumer staples would have a stronger year amid the projected geopolitical and economic turmoil. However, with economic growth getting back on track and inflation easing, hopes were quickly dashed as consumers spent money on more discretionary purchases.

5. Fiserv

Fiserv shares have collapsed 67% over the last year, after earnings disappointed and margins came under pressure from rising costs and intensifying competition in payments and fintech. The company specializes in processing transactions for banks.

Learn More on the Voronoi App

What do experts see happening in markets in 2026? Check out our annual Prediction Consensus to get the lowdown.

Who Has the World’s Oil, and Who Can Actually Produce It

2026-01-06 21:03:59

See more visuals like this on the Voronoi app.

This chart compares oil reserves and production across the world’s top 25 oil producers.

Use This Visualization

Who Has the World’s Oil, and Who Can Actually Produce It

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • Venezuela holds the world’s largest proven oil reserves, giving it the highest reserves-to-production ratio by far.
  • The U.S. produces oil at almost twice the rate of major competitors Russia and Saudi Arabia, thanks to its booming shale industry.

The recent U.S. operation to capture Venezuelan President Nicolás Maduro reignited discussions this weekend about the Latin American country’s oil industry.

Venezuela currently holds the world’s largest oil reserves—about 303 billion barrels—but its oil industry has struggled in recent years due to mismanagement and U.S. sanctions.

Following Maduro’s capture, U.S. President Donald Trump stated that Venezuela’s oil industry would be revived through the entry of American companies into the country.

This chart compares proven oil reserves and daily production across the world’s top oil producers, revealing stark contrasts between output-heavy producers and those sitting on vast untapped resources.

The data for this visualization comes from the Energy Institute and reflects oil production levels in 2024.

Ranked: Top Oil Producers and Their Reserves

The United States tops global oil production, pumping more than 20 million barrels per day.

While America’s proven reserves seem low at first sight at just 45 billion barrels, this is due to U.S. shale producers’ short investment cycles which book only a few years of economically viable reserves at a time, and replace them through ongoing drilling.

Rank (Production) Country Oil production in 2024 (barrels per day) Proven oil reserves (billion barrels of oil)
1 🇺🇸 United States 20,135,000 45.0
2 🇸🇦 Saudi Arabia 10,856,000 267.2
3 🇷🇺 Russia 10,752,000 80.0
4 🇨🇦 Canada 5,888,000 163.0
5 🇮🇷 Iran 5,062,000 208.6
6 🇮🇶 Iraq 4,398,000 145.0
7 🇨🇳 China 4,264,000 28.2
8 🇦🇪 United Arab Emirates 4,006,000 113.0
9 🇧🇷 Brazil 3,466,000 15.9
10 🇰🇼 Kuwait 2,719,000 101.5
11 🇲🇽 Mexico 1,911,000 5.1
12 🇰🇿 Kazakhstan 1,836,000 30.0
13 🇳🇴 Norway 1,833,000 6.9
14 🇶🇦 Qatar 1,806,000 25.2
15 🇳🇬 Nigeria 1,641,000 37.3
16 🇩🇿 Algeria 1,380,000 12.2
17 🇦🇷 Argentina 1,214,000 3.0
18 🇱🇾 Libya 1,188,000 48.4
19 🇦🇴 Angola 1,181,000 2.6
20 🇴🇲 Oman 993,000 5.0
21 🇻🇪 Venezuela 960,000 303.2
22 🇨🇴 Colombia 773,000 2.0
23 🇮🇳 India 735,000 5.0
24 🇬🇧 United Kingdom 653,000 1.5
25 🇪🇬 Egypt 637,000 3.3

Countries like Mexico, Argentina, and the United Kingdom also have relatively modest reserves paired with sustained output, though each situation is unique.

Reserve-Rich, Output-Light Producers

Venezuela stands apart from every other producer. With more than 300 billion barrels in proven reserves, its reserves-to-production ratio exceeds 800 years—the highest in the world by a wide margin. Iran, Libya, Kuwait, and Iraq also post triple-digit reserve lifespans.

Countries like Saudi Arabia, Canada, and the United Arab Emirates strike a middle ground. Saudi Arabia’s reserves could last more than 60 years at current output, while Canada’s oil sands give it one of the longest reserve lifespans among high-production countries.

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