Iceberg charts, also known as Waterfall charts or Bridge charts, are data visualization tools used to show the change in values of a measure over time or between different categories. They are called iceberg charts because the graph looks like an iceberg, with the main bar representing the total change in the measure, and smaller bars representing the increase or decrease in value from the previous point.
Iceberg charts are often used in financial and economic analysis to track the change in revenue, profit, or expenses between different periods or categories. They are also useful for showing the composition of a whole, such as the breakdown of revenue by product lines or sales channels.
Iceberg charts are effective because they show both the overall change in value and the individual contributions that make up that change. This makes it easier to identify the factors that drive the change and to compare the relative size of each component.
Some common features of iceberg charts include:
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