Serbian vs Paraguayan Per Capita Income

The statistical analysis conducted on geographies consisting of 267,655,306 people shows a mild negative correlation between the proportion of Serbians and per capita income in the United States with a correlation coefficient (R) of -0.369 and weighted average of $46,551. 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 8.2%.

In terms of per capita income, the demographic groups most similar to Serbians are Immigrants from Kuwait ($46,543, a difference of 0.020%), British ($46,571, a difference of 0.040%), Ethiopian ($46,569, a difference of 0.040%), Immigrants from Northern Africa ($46,531, a difference of 0.040%), and Chilean ($46,459, a difference of 0.20%).

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%).