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However, a stress on local production and sales, instead of exports, increased the reliance on foreign goods. In 2009, a decades-long civil war in the country ended and the government’s focus turned inward towards domestic production. Here’s a brief timeline looking at just some of the recent factors. The ongoing problems in Sri Lanka have bubbled up after years of economic mismanagement. This visual breaks down some of the elements that led to Sri Lanka’s current situation. There are several reasons for this crisis and the economic turmoil has sparked mass protests and violence across the country. The country is also nearly at empty on their foreign currency reserves, decreasing the ability to purchase imports and driving up domestic prices for goods. Sri Lanka is currently in an economic and political crisis of mass proportions, recently culminating in a default on its debt payments.
AMAZON MOVER AND SHAKER FULL
If you haven’t already, we recommend checking out the full interactive piece by Fortune.Įxplained: the Economic Crisis in Sri Lanka Meanwhile, the effects of the recent commodity downturn can be seen in the trajectories of companies such as Rio Tinto:Īnd the chart for the Royal Bank of Scotland shows how it was affected by the 2009 Financial Crisis: This time it is the China Merchants Bank: Here’s another skyrocketing Chinese company. Particularly, they seem to build fighter jets, bombers, drones, and even entire airports. The company’s 542,236 employees build planes – lots of planes. What does the state-sponsored Aviation Industry Corp. There are many newer entries on the list from China, and it seems that almost every one has a trajectory similar to this: Ten years later, the iPhone was released and the company soared back into the Top 10.īut Apple isn’t the only company that is a mover or shaker.Ī, of course, is also growing at a breakneck pace: The company spent 12 years without him, and you can see that by 1997 they were almost off the Fortune Global 500 list.Īpple acquired NeXT in 1997 and Jobs would regain the title of CEO. They have ups and downs, and here the rankings data helps to tell their tales.įor example, you can see the “Dark Ages” of Apple in the following graph after they fired Steve Jobs. How have companies on the list today performed over the last 20 years?Ĭompanies such as Walmart or Royal Dutch Shell have been remarkably consistent blue chips: Movers and Shakers on the Fortune Global 500 List That circle represents its annual revenues of $482 billion.īut the real question isn’t which company is the biggest – what’s much more interesting is to look at the rankings data to see what interesting stories can be told. The biggest company by revenue? It’s Walmart, and it has a circle that takes up the whole continental United States on the map.
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The size of each circle is equivalent to the most recent revenue number:Īs you can see, companies are mostly concentrated in the United States, China, Japan, and the EU. Here’s the companies on the 2016 edition mapped based on the location of their headquarters.
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The publisher of the rankings, Fortune magazine, has recently put together an excellent interactive chart that shows how the list has changed over the last 20 years. The Fortune Global 500 List is an annual ranking of the largest 500 companies by revenue worldwide.