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2026-03-03 01:19:05

Ranked: The World’s Most Indebted Countries Today

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How indebted is your country today?

Based on the latest available data (Q4 2025) from the Institute of International Finance’s Global Debt Monitor, several major economies now carry total debt loads exceeding 300% of GDP, meaning their combined household, corporate, and government borrowing is worth more than three years of economic output.

This visualization ranks 35 countries by their total debt-to-GDP ratios, combining household, corporate, and government borrowing into one measure.

Hong Kong Tops the Ranking

With a total debt burden of 380%, Hong Kong has the world’s highest total debt. This small special administrative region (SAR) of China is highly developed and urbanized, counting roughly 7.5 million inhabitants.

While its government debt is a relatively slim 67% and its total household debt of 86% hovers around global developed-country standards, Hong Kong’s corporate debt is a staggering 227% of GDP, making up nearly the entirety of its total debt burden.

The table below shows the total debt burden and breakdowns for household, corporate, and government debt to GDP:

Country	Household Debt (% GDP)	Nonfinancial Corporate Debt (% GDP)	Government Debt (% GDP)	Total Debt (% GDP)
Hong Kong	86	227	67	380
Japan	60	113	199	372
Singapore	45	130	172	347
France	59	156	110	326
Canada	100	118	97	315
China	60	142	97	298
United States	68	73	123	264
South Korea	89	111	49	249
Italy	36	59	141	236
Malaysia	70	88	66	224
Thailand	88	76	60	223
Bahrain	24	56	143	223
United Kingdom	74	59	81	214
Germany	49	89	63	200
Israel	43	71	70	184
Brazil	36	50	92	178
Jordan	27	56	90	172
Grenada	37	64	68	168
Maldives	18	17	132	167
India	39	49	74	163
Vietnam	23	107	32	161
Hungary	18	70	73	161
Chile	41	86	31	158
Senegal	5	29	123	156
South Africa	34	35	79	149
Tunisia	23	39	81	143
El Salvador	22	25	88	134
Trinidad and Tobago	34	35	65	134
Kuwait	41	83	7	131
Republic of the Congo	3	35	93	131
Czech Republic	32	51	47	129
Russia	21	79	27	127
Ecuador	29	44	52	125
Morocco	20	37	67	124
Colombia	26	28	68	121
Zambia	6	8	107	120
Mozambique	9	12	97	118
United Arab Emirates	27	56	34	117
Poland	22	35	59	116
Jamaica	19	36	60	115
Lao PDR	11	12	91	114
Rwanda	12	27	73	113
Costa Rica	34	14	60	108
Saudi Arabia	31	45	28	105
Oman	24	44	35	104
Romania	11	29	61	102
Egypt	7	20	75	102
Argentina	6	20	76	101
Kenya	9	23	67	100
Philippines	11	26	59	96
Mongolia	23	24	47	93
Dominican Republic	14	17	60	91
Gambia	7	6	74	87
Mexico	17	21	48	86
Peru	13	41	31	86
Pakistan	2	10	72	84
Serbia	16	23	44	83
Côte d'Ivoire	8	18	56	82
Sri Lanka	10	71	0	80
Indonesia	15	24	40	79
Bangladesh	6	30	40	77
Türkiye	10	38	27	75
Angola	1	8	62	71
Benin	5	16	51	71
Ethiopia	5	16	47	68
Ghana	3	5	59	66
Papua New Guinea	4	8	50	62
Tanzania	7	6	50	62
Kazakhstan	19	14	25	58
Nigeria	13	7	36	56
Cameroon	3	8	38	49
Honduras	0	0	45	45
Tajikistan	11	6	22	39
Uzbekistan	0	0	31	31

However, Hong Kong’s high corporate debt can best be explained by the SAR’s real estate business, in which high-debt transactions are standard. The dynamic real estate sector and related activities contribute roughly a quarter to Hong Kong’s GDP.

Japan’s Government Debt Nears 200% of GDP

In contrast, Japan’s corporate debt (113%) is relatively in line with other OECD and developed peers; however, the government’s sprawling government debt of just shy of 200% of GDP is higher than many countries’ total debt burden.

Government debt woes began to take off following the Lost Decades of economic stagnation which followed the collapse of the Japanese asset price bubble in 1991.

As years of sluggish growth turned into decades, Japanese policymakers opted to incorporate quantitative easing, a policy by which the central bank bought government bonds in order to stimulate economic activity in the country, driving up the country’s national debt in the process.

Today the Bank of Japan owns roughly half of the national debt, while the other half is held in large part by domestic banks and insurance companies.

Debt in the Developed World

Japan is not the only country to have had to accrue debt in response to tough times. Back-to-back crises have forced governments to borrow extensively in recent years, from global COVID-19 stimulus responses to more recent industrial and defense purchases across Europe.

Many governments continue to run large fiscal deficits, while households and businesses face rising borrowing costs amid economic uncertainty.

Learn More on the Voronoi App

If you enjoyed today’s post, check out Biggest Foreign Buyers and Sellers of U.S. Debt on Voronoi, the new app from Visual Capitalist.

2026-03-02 23:22:23

Ranked: Countries Building the Most Nuclear Reactors

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China is in the middle of the largest nuclear construction push in the world.

Dozens of reactors are rising across the country, representing nearly 43 gigawatts of new generating capacity. That buildout alone exceeds what every other nation currently has under construction combined.

This chart breaks down which countries are expanding nuclear power in 2025, and below we also cover how much power they are adding to their grids.

The data comes from the World Nuclear Association.

China’s Massive Nuclear Expansion

China currently has 37 reactors under construction, representing roughly 42.9 gigawatts (GW) of new capacity.

That is more than six times the capacity being built in either India or Russia, the next closest countries.

As electricity demand rises and older plants retire, nuclear expansion will play a decisive role in shaping long-term energy security and grid stability.

Country	Reactors Under Construction	Megawatts
China	37	42.9K
India	6	5.2K
Russia	6	4.2K
Egypt	4	4.8K
Türkiye	4	4.8K
South Korea	3	4.2K
Bangladesh	2	2.4K
Japan	2	2.8K
Ukraine	2	1.9K
United Kingdom	2	3.4K
Argentina	1	0.03K
Brazil	1	1.4K
Hungary	1	1.2K
Iran	1	1.1K
Pakistan	1	1.1K
Slovakia	1	0.5K
Canada	0	0K
France	0	0K
USA	0	0K

Most reactors are initially licensed to operate for about 40 years, though many receive extensions to 60 years or even 80 years with upgrades and maintenance. As older plants reach the end of their lifespans, new reactors are needed to replace retiring capacity, support grid stability, and help countries meet long-term decarbonization goals.

India and Russia in Second Place

India and Russia are tied for second place with six reactors each under construction. India’s projects total 5.2 GW of capacity, slightly above Russia’s 4.2 GW.

After that, activity drops off quickly. Egypt and Türkiye each have four reactors underway, while most other countries are building one or two.

Notably, several established nuclear powers are absent from the list. As of September 2025, the United States, France, and Canada have no reactors under construction.

Learn More on the Voronoi App

If you enjoyed today’s post, check out How Much Control China Has Over the World’s Critical Minerals on Voronoi, the new app from Visual Capitalist.

2026-03-02 21:03:08

The World’s 50 Most Valuable Companies in 2026

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.

Nvidia, with a $4.8 trillion market valuation, is the world’s most valuable company in 2026.

The company has once again surpassed Apple and Alphabet as record sales lift its valuation, despite AI bubble fears. Meanwhile, TSMC’s $2 trillion market cap now exceeds both Meta Platforms and Tesla, ranking in sixth globally.

Using data from CompaniesMarketCap, this graphic shows the 50 most valuable companies worldwide in 2026.

The Top 50 Companies in 2026

Here are the largest companies by market capitalization as of February 25, 2026:

Rank	Name	Country	Market Cap
1	Nvidia	U.S.	$4,769,090,895,872
2	Apple	U.S.	$4,030,215,225,344
3	Alphabet	U.S.	$3,786,845,192,192
4	Microsoft	U.S.	$2,976,667,402,240
5	Amazon	U.S.	$2,261,686,681,600
6	TSMC	Taiwan	$2,009,122,209,792
7	Saudi Aramco	Saudi Arabia	$1,659,869,263,655
8	Meta Platforms	U.S.	$1,653,772,779,520
9	Broadcom	U.S.	$1,575,548,878,848
10	Tesla	U.S.	$1,566,227,562,496
11	Berkshire Hathaway	U.S.	$1,067,125,637,120
12	Walmart	U.S.	$1,002,825,187,328
13	Eli Lilly	U.S.	$971,747,753,984
14	Samsung	South Korea	$953,387,784,196
15	JPMorgan Chase	U.S.	$818,792,038,400
16	Exxon Mobil	U.S.	$629,201,108,992
17	Visa	U.S.	$603,784,871,936
18	Tencent	China	$602,976,288,768
19	ASML	Netherlands	$592,511,303,680
20	Johnson & Johnson	U.S.	$591,292,792,832
21	SK Hynix	South Korea	$492,511,926,210
22	Micron Technology	U.S.	$482,640,887,808
23	Mastercard	U.S.	$455,227,998,208
24	Costco	U.S.	$441,631,375,360
25	Oracle	U.S.	$425,078,030,336
26	AbbVie	U.S.	$400,878,174,208
27	Procter & Gamble	U.S.	$382,102,667,264
28	Roche	Switzerland	$380,012,805,029
29	Bank of America	U.S.	$377,648,578,560
30	Home Depot	U.S.	$373,943,992,320
31	ICBC	China	$369,137,809,154
32	Chevron	U.S.	$368,560,832,512
33	Alibaba	China	$363,649,957,888
34	General Electric	U.S.	$361,938,288,640
35	Caterpillar	U.S.	$358,505,119,744
36	Netflix	U.S.	$350,804,246,528
37	Coca-Cola	U.S.	$346,150,469,632
38	AMD	U.S.	$343,772,135,424
39	Agricultural Bank of China	China	$331,706,101,844
40	China Construction Bank	China	$329,442,725,971
41	LVMH	France	$324,094,895,625
42	HSBC	United Kingdom	$323,268,870,144
43	Novartis	Switzerland	$322,706,767,872
44	Palantir	U.S.	$320,938,967,040
45	AstraZeneca	United Kingdom	$319,598,690,304
46	Toyota	Japan	$315,160,494,080
47	Applied Materials	U.S.	$313,424,740,352
48	Lam Research	U.S.	$313,366,904,832
49	Cisco	U.S.	$312,610,619,392
50	Merck	U.S.	$305,828,593,664

As the largest publicly-traded company in the world, Nvidia recently posted a record $68.1 billion in quarterly earnings, up 94% year-over-year.

With OpenAI, Oracle, and Microsoft among its largest customers, a string of strong earnings reports has pushed its valuation close to a $5 trillion market capitalization. Still, investor skepticism has tempered share price gains amid concerns about overvaluation.

Apple, Alphabet, and Microsoft follow, each valued at roughly $3 trillion or more.

Saudi Aramco, one of only two non-U.S. companies in the top 10, ranks seventh with a $1.7 trillion valuation. Weaker oil prices have weighed on its performance, with shares down about 30% from their 2022 peak.

Meanwhile, chip designer Broadcom ranks ninth at nearly $1.6 trillion. In addition to producing custom AI accelerator chips for OpenAI and Meta, it designed Google’s tensor processing units (TPUs).

Today, Broadcom is increasingly emerging as a competitor to Nvidia, alongside companies such as Google (#3) and AMD (#38) as Big Tech prepares to spend $650 billion on AI infrastructure in 2026 alone.

Learn More on the Voronoi App

To learn more about this topic, check out this graphic on the largest U.S. semiconductor firms by market cap.

2026-03-02 06:25:45

Visualized: The Human and Economic Cost of the Syrian Civil War

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

What began in March 2011 as pro-democracy protests against President Bashar al-Assad’s government spiraled into one of the most brutal conflicts of the 21st century, drawing in regional and global powers and resulting in immense human suffering. Over more than a decade of war, hundreds of thousands of people lost their lives, and millions were forced from their homes.

These charts from Our World in Data and sourced from the UN, Eurostat, the IMF, World Bank and others show the many costs of conflict — from fatalities to economic collapse and rising poverty.

Here’s a detailed look at the data behind the war’s impacts:

The data illustrate several harsh realities: annual deaths from fighting spiked after 2011 with devastating loss of life, including among children, while total deaths from all causes rose. Millions of Syrians became internally displaced or refugees, GDP per capita plunged, and extreme poverty and undernourishment grew sharply.

Understanding the War’s Origins

The conflict began during the Arab Spring when peaceful protests were met with force by government security services. What followed was a fragmented civil war involving government forces, opposition groups, Kurdish militias, extremist factions, and international actors; including Russia, Iran, the U.S., Turkey, and others.

At its peak, organized violence devastated cities like Aleppo, Homs and Raqqa, and fracturing Syrian society. Hundreds of thousands were killed across combatants and civilians, and millions more were displaced internally and abroad, which remade the country’s demographics and burdened neighboring states.

Beyond the Battlefield: Economic and Social Impacts

The war’s impacts extend far beyond immediate conflict deaths. GDP per capita more than halved as economic activity collapsed amid destruction of infrastructure and displacement of workers. Extreme poverty (once rare in Syria) surged, while undernourishment became widespread.

This aligns with broader findings that violence imposes costs on societies far beyond direct combat, from lost productivity to health crises and long-term poverty.

What Happens Now?

Though large-scale warfare has diminished, Syria faces a fragile transition. Recent agreements between the central government and Kurdish forces aim to stabilize parts of the country, but humanitarian needs remain acute. Millions still depend on aid, and access to essential services is uneven.

Political fragmentation, economic collapse, and reconstruction needs—estimated in the hundreds of billions—mean recovery will be lengthy and uncertain, even as some areas see renewed governance and investment.

2026-03-02 02:43:00

Africa in 1914, When 90% of the Continent Was Colonized

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In just a few decades, European empires redrew the map of Africa.

In the span of roughly 40 years, European powers had carved up nearly the entire continent, transforming Africa into a patchwork of colonial territories administered from London, Paris, Berlin, Brussels, Lisbon, Rome, and Madrid.

This map captures that moment at its peak, on the eve of World War I, when imperial control stretched across almost the whole continent before the war began to unravel Europe’s overseas empires.

Many of Africa’s modern national borders trace directly back to this period, reflecting colonial-era agreements rather than preexisting cultural or political boundaries.

Data used here leverages diverse sources including UNESCO (1990), Eric Hobsbawm (1987), Henk Wesseling (1997), EBSCO (2023), and the Library of Congress.

The Scramble for Africa

European empires had been making incursions into Africa for centuries, as seen through the Dutch settlers who arrived in the Cape of Good Hope in 1652 and Napoleon Bonaparte’s Egyptian expedition in 1798.

However, the era of New Imperialism which began in the second half of the 19th century saw significantly more complex colonial efforts by the European great powers, especially the British, French, and Germans.

The “Scramble for Africa” saw these three great powers partition the African continent amongst themselves, with the process perhaps best represented by the 1885 Berlin Conference.

Some of the active colonial powers, such as Belgium or Portugal, were smaller countries without extensive military power, while some European great powers like Russia and Austria-Hungary did not participate in the Scramble for Africa.

A Tale of Two Colonies

The British Empire was the most successful of the European empires in Africa, ruling over nearly uninterrupted lands across the eastern half of the continent.

London’s dreams of a Cape to Cairo railway linking their dominions in Egypt and South Africa were dashed by geographic and political concerns, as the eastern Belgian Congo was inhospitable for railway construction while German East Africa was a possession of the leading British rival of the era.

Following the end of the Great War, the British would take control of the latter territory, in what is today the country of Tanzania, although economic concerns during the Great Depression led to the dreamed railway never coming to fruition.

While the British were dominant in eastern Africa, the Maghreb and much of West Africa fell under French control. There were of course nuances between cases: Algeria was annexed to the territory of metropolitan France, while Morocco and Tunisia were each protectorates ruled by leaders loyal to the French Empire.

Nor did Morocco remain solely French-administered, as a 1912 treaty gave Spain dominion over northern parts of the country, near the Straits of Gibraltar, as well as a southern component bordering its Spanish Sahara colony.

By this point in history, Spain, much like neighboring Portugal, was holding on to its final few colonies following major losses of control in the Americas in the preceding decades. The two Iberian countries’ lack of involvement in the world wars led to them keeping their African colonies longer than most other European states, with independence and decolonization only coming in the 1960s-1970s.

Belgium and the Independent States

Owing to great-power ambivalence over the Congo Basin, Belgium’s King Leopold was able to establish a single vast colony, far larger than his own country, over which to rule. Belgian Congo, with its vast rubber extraction, has been cited as one of the most brutal and damaging colonies within the continent.

Meanwhile, further north only two countries managed to avoid colonization during the Partition of Africa: Ethiopia and Liberia.

The former, also known as Abyssinia, successfully repelled Italian colonization during the prewar partition, although it was eventually occupied by Fascist Italy during the interwar period. Liberia, meanwhile, was founded by freed U.S. slaves and was never colonized, helping it become Africa’s longest-lasting independent state today.

Learn More on the Voronoi App

Is there any correlation between Roman emperors’ life spans and currency debasement? To learn more, check out this visualization on Voronoi.

2026-03-01 23:42:08

Ranked: The Countries Most Dependent on Tourism (Share of GDP)

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.

Tourism is a major global industry, projected to contribute $11.7 trillion to global GDP in 2025, or roughly 10% of total economic output. But its importance varies dramatically by country.

For some nations, tourism is a supplementary source of income. For others, it represents the central pillar of economic activity.

The chart above ranks countries by tourism’s share of GDP, using international tourism receipts from UN Tourism and GDP data from the IMF.

Small Economies Lead the Ranking

Macao tops the list. Visitor spending totaled $32.4 billion, equal to 70.8% of its $45.8 billion economy.

Aruba follows at 69.7%, while the Maldives (68.1%) and Andorra (66.5%) also derive roughly two-thirds of their economic output from tourism. Saint Lucia ranks fifth, with tourism accounting for 53.8% of GDP.

Rank	Country	Tourism Share of GDP (%)
1	Macao	70.8
2	Aruba	69.7
3	Maldives	68.1
4	Andorra	66.5
5	Saint Lucia	53.8
6	Grenada	48.1
7	Antigua and Barbuda	47.8
8	Seychelles	46.6
9	Bahamas	35.0
10	Saint Kitts and Nevis	32.9
11	Saint Vincent and the Grenadines	26.9
12	Malta	26.4
13	Belize	25.5
14	Cabo Verde	23.8
15	Lebanon	23.6
16	Albania	21.9
17	Fiji	21.5
18	Samoa	19.8
19	Montenegro	19.8
20	Jamaica	19.7
21	Gambia	19.0
22	Tuvalu	18.6
23	Croatia	17.9
24	Jordan	16.9
25	Dominica	16.8
26	Mauritius	15.4
27	Barbados	14.8
28	Georgia	14.5
29	San Marino	14.3
30	Portugal	11.5
31	Tonga	11.2
32	El Salvador	11.1
33	Cyprus	10.8
34	Qatar	10.7
35	Panama	10.5
36	Armenia	10.5
37	Micronesia	10.3
38	Greece	10.1
39	Iceland	9.7
40	Bahrain	9.0
41	Thailand	8.8
42	Dominican Republic	8.8
43	Sao Tome and Principe	8.7
44	Cambodia	8.5
45	Morocco	8.3
46	United Arab Emirates	8.2
47	Luxembourg	7.2
48	Laos	7.0
49	Bosnia and Herzegovina	6.8
50	Kyrgyzstan	6.7
51	Tunisia	6.7
52	Comoros	6.4
53	Bhutan	6.4
54	Spain	6.2
55	Palau	6.1
56	Costa Rica	5.9
57	Malaysia	5.8
58	Türkiye	5.8
59	Austria	5.6
60	Hong Kong	5.5
61	Estonia	5.5
62	Moldova	5.1
63	Slovenia	5.0
64	Rwanda	5.0
65	Hungary	4.9
66	Egypt	4.5
67	Vanuatu	4.4
68	Singapore	4.4
69	Tanzania	4.3
70	Serbia	4.3
71	Bulgaria	4.2
72	North Macedonia	3.8
73	Saudi Arabia	3.7
74	New Zealand	3.7
75	Oman	3.5
76	South Sudan	3.3
77	Myanmar	3.3
78	Namibia	3.3
79	Azerbaijan	3.3
80	Ireland	3.2
81	Sudan	3.2
82	Timor-Leste	3.2
83	Ethiopia	3.1
84	Mongolia	3.1
85	Solomon Islands	3.1
86	Latvia	3.1
87	Uzbekistan	3.1
88	Australia	3.0
89	Trinidad and Tobago	2.9
90	Puerto Rico	2.9
91	Zambia	2.9
92	Czechia	2.9
93	Uruguay	2.8
94	Sri Lanka	2.8
95	Switzerland	2.8
96	France	2.7
97	Denmark	2.7
98	Madagascar	2.6
99	Nicaragua	2.6
100	Italy	2.6
101	Uganda	2.5
102	Philippines	2.4
103	Colombia	2.4
104	Guyana	2.4
105	United Kingdom	2.3
106	Lithuania	2.3
107	Canada	2.2
108	Eritrea	2.2
109	Senegal	2.1
110	Togo	2.0
111	Botswana	2.0
112	Finland	2.0
113	Nepal	2.0
114	Honduras	2.0
115	Mexico	2.0
116	Brunei Darussalam	1.9
117	Bolivia	1.9
118	Netherlands	1.9
119	Norway	1.9
120	Poland	1.8
121	Kuwait	1.8
122	Sweden	1.8
123	Paraguay	1.8
124	Iraq	1.7
125	South Africa	1.7
126	Peru	1.6
127	Kenya	1.6
128	Romania	1.6
129	Belgium	1.6
130	Ghana	1.5
131	Iran	1.5
132	Guatemala	1.5
133	Japan	1.5
134	Ecuador	1.4
135	Chile	1.4
136	Slovakia	1.3
137	Benin	1.3
138	Indonesia	1.3
139	Central African Republic	1.2
140	Djibouti	1.2
141	Mozambique	1.2
142	South Korea	1.2
143	Guinea-Bissau	1.2
144	Cameroon	1.0
145	Burkina Faso	1.0
146	Belarus	1.0
147	Kazakhstan	1.0
148	Palestine	1.0
149	India	0.9
150	Suriname	0.9
151	United States	0.9
152	Germany	0.9
153	Chad	0.9
154	Argentina	0.8
155	Equatorial Guinea	0.8
156	Mali	0.8
157	Kiribati	0.7
158	Tajikistan	0.6
159	Ukraine	0.6
160	Nauru	0.6
161	Niger	0.6
162	Haiti	0.5
163	Côte d’Ivoire	0.5
164	Eswatini	0.5
165	Venezuela	0.5
166	Israel	0.5
167	Taiwan	0.4
168	Lesotho	0.4
169	Russia	0.4
170	Afghanistan	0.4
171	Yemen	0.4
172	Zimbabwe	0.4
173	Brazil	0.3
174	DRC	0.3
175	Pakistan	0.3
176	Sierra Leone	0.3
177	Marshall Islands	0.2
178	Malawi	0.2
179	China	0.2
180	Gabon	0.2
181	Libya	0.2
182	Nigeria	0.1
183	Liberia	0.1
184	Bangladesh	0.1
185	Algeria	0.1
186	Congo	0.1
187	Burundi	0.1
188	Mauritania	0.1
189	Vietnam	0.0
190	Angola	0.0
191	Guinea	0.0
192	Papua New Guinea	0.0

The broader pattern is clear: small island nations and resort-driven economies dominate the upper ranks. Limited domestic markets and fewer large-scale industries often make international visitors a primary source of foreign exchange and employment.

Diversified Economies Rank Lower

The U.S. ranks 151 on the list, and international tourism accounts for just 0.86% of its GDP despite receipts totaling $251.6 billion in absolute terms.

The country least reliant on tourism is Papua New Guinea, where tourism is responsible for just 0.01% of its economic output. Guinea and Angola trail closely behind at 0.02% of their respective $24.2 billion and $115.2 billion GDPs.

For 47 countries in the data set, tourism generated below 1% of their GDP.

Tourism Reliance Clusters around Backpacking Hotspots

Clusters with higher reliance are also visible around Central America, Eastern Europe and Southeast Asia, which are backpacking hotspots. These countries are considered affordable destinations.

While economic benefits are well documented, tourism-heavy economies are at particular risk to global shocks. Aruba’s real GDP, for instance, contracted 24% in 2020 when the pandemic grounded tourism to a halt, pushing business owners and citizens into economic precarity. It has since rebounded.

On the other hand, over-tourism can overwhelm locals and cause tension on the ground.

Learn More on the Voronoi App

To learn more about tourism, check out this graphic which charts where tourists outnumber locals.