All Commentary
Monday, January 11, 2016

What’s Changed Since 2010?

Quite a lot, it turns out


This interesting little table from Goldman Sachs shows a few ways the world changed in the last five years.

Some highlights since 2010:

  • The UN Food Price Index fell by a third.
  • The price of oil fell by two-thirds.
  • Venture capital investments in the US doubled.
  • Global smartphone penetration increased from 19 percent to 75 percent.
  • The cell phone price index fell by over half.
  • Average wages in China rose by more than 50 percent.
  • Beijing air pollution is down by a third.
  • The cost of sequencing a genome fell by 97 percent.
  • The number of summer AirBnB guests increased from 47,000 to 17 million.
  • Bitcoin’s value increased 1,500 fold.

But, as GS points out, 2015 was not all good news:

  • Economic growth has slowed.
  • Life expectancy has not changed much.
  • Africa’s share of global trade remained near 3 percent.
  • The Patriots won the Super Bowl.
  • Japanese GDP per capita remains flat.

Still — on the whole and for most people — things are changing for the better, in more ways than we could ever anticipate.

Here’s to a better today.

(Check out the other data below — lots of amusing and intriguing items.


  • Daniel Bier is the executive editor of The Skeptical Libertarian.