Latvian vs Paraguayan Per Capita Income
COMPARE
Latvian
Paraguayan
Per Capita Income
Per Capita Income Comparison
Latvians
Paraguayans
$52,649
PER CAPITA INCOME
100.0/ 100
METRIC RATING
28th/ 347
METRIC RANK
$50,385
PER CAPITA INCOME
99.9/ 100
METRIC RATING
53rd/ 347
METRIC RANK
Latvian vs Paraguayan Per Capita Income Correlation Chart
The statistical analysis conducted on geographies consisting of 220,728,386 people shows a weak negative correlation between the proportion of Latvians and per capita income in the United States with a correlation coefficient (R) of -0.257 and weighted average of $52,649. Similarly, the statistical analysis conducted on geographies consisting of 95,089,637 people shows a poor positive correlation between the proportion of Paraguayans and per capita income in the United States with a correlation coefficient (R) of 0.126 and weighted average of $50,385, a difference of 4.5%.
Per Capita Income Correlation Summary
Measurement | Latvian | Paraguayan |
Minimum | $3,646 | $20,486 |
Maximum | $115,504 | $119,781 |
Range | $111,858 | $99,295 |
Mean | $51,165 | $52,548 |
Median | $52,046 | $49,067 |
Interquartile 25% (IQ1) | $36,086 | $38,496 |
Interquartile 75% (IQ3) | $65,124 | $56,770 |
Interquartile Range (IQR) | $29,038 | $18,274 |
Standard Deviation (Sample) | $21,773 | $21,489 |
Standard Deviation (Population) | $21,617 | $21,325 |
Similar Demographics by Per Capita Income
Demographics Similar to Latvians by Per Capita Income
In terms of per capita income, the demographic groups most similar to Latvians are Immigrants from South Central Asia ($52,660, a difference of 0.020%), Israeli ($52,596, a difference of 0.10%), Immigrants from Austria ($52,503, a difference of 0.28%), Turkish ($52,391, a difference of 0.49%), and Immigrants from Norway ($52,217, a difference of 0.83%).
Demographics | Rating | Rank | Per Capita Income |
Immigrants | Northern Europe | 100.0 /100 | #21 | Exceptional $54,159 |
Indians (Asian) | 100.0 /100 | #22 | Exceptional $53,874 |
Immigrants | Eastern Asia | 100.0 /100 | #23 | Exceptional $53,806 |
Immigrants | Denmark | 100.0 /100 | #24 | Exceptional $53,799 |
Immigrants | Japan | 100.0 /100 | #25 | Exceptional $53,359 |
Russians | 100.0 /100 | #26 | Exceptional $53,154 |
Immigrants | South Central Asia | 100.0 /100 | #27 | Exceptional $52,660 |
Latvians | 100.0 /100 | #28 | Exceptional $52,649 |
Israelis | 100.0 /100 | #29 | Exceptional $52,596 |
Immigrants | Austria | 100.0 /100 | #30 | Exceptional $52,503 |
Turks | 100.0 /100 | #31 | Exceptional $52,391 |
Immigrants | Norway | 100.0 /100 | #32 | Exceptional $52,217 |
Australians | 100.0 /100 | #33 | Exceptional $52,074 |
Immigrants | Russia | 100.0 /100 | #34 | Exceptional $52,044 |
Burmese | 100.0 /100 | #35 | Exceptional $52,005 |
Demographics Similar to Paraguayans by Per Capita Income
In terms of per capita income, the demographic groups most similar to Paraguayans are Immigrants from Croatia ($50,417, a difference of 0.060%), Immigrants from Netherlands ($50,458, a difference of 0.14%), Immigrants from Belarus ($50,303, a difference of 0.16%), Immigrants from Sri Lanka ($50,555, a difference of 0.34%), and New Zealander ($50,575, a difference of 0.38%).
Demographics | Rating | Rank | Per Capita Income |
Immigrants | Latvia | 100.0 /100 | #46 | Exceptional $50,914 |
Bulgarians | 100.0 /100 | #47 | Exceptional $50,906 |
Immigrants | Serbia | 100.0 /100 | #48 | Exceptional $50,810 |
New Zealanders | 100.0 /100 | #49 | Exceptional $50,575 |
Immigrants | Sri Lanka | 100.0 /100 | #50 | Exceptional $50,555 |
Immigrants | Netherlands | 100.0 /100 | #51 | Exceptional $50,458 |
Immigrants | Croatia | 99.9 /100 | #52 | Exceptional $50,417 |
Paraguayans | 99.9 /100 | #53 | Exceptional $50,385 |
Immigrants | Belarus | 99.9 /100 | #54 | Exceptional $50,303 |
Immigrants | Western Europe | 99.9 /100 | #55 | Exceptional $50,065 |
Asians | 99.9 /100 | #56 | Exceptional $50,057 |
South Africans | 99.9 /100 | #57 | Exceptional $50,044 |
Immigrants | Malaysia | 99.9 /100 | #58 | Exceptional $49,983 |
Bhutanese | 99.9 /100 | #59 | Exceptional $49,894 |
Immigrants | Scotland | 99.9 /100 | #60 | Exceptional $49,893 |