Panamanian vs Armenian Per Capita Income
COMPARE
Panamanian
Armenian
Per Capita Income
Per Capita Income Comparison
Panamanians
Armenians
$42,035
PER CAPITA INCOME
13.9/ 100
METRIC RATING
208th/ 347
METRIC RANK
$48,287
PER CAPITA INCOME
99.4/ 100
METRIC RATING
81st/ 347
METRIC RANK
Panamanian vs Armenian Per Capita Income Correlation Chart
The statistical analysis conducted on geographies consisting of 281,258,630 people shows a mild negative correlation between the proportion of Panamanians and per capita income in the United States with a correlation coefficient (R) of -0.306 and weighted average of $42,035. Similarly, the statistical analysis conducted on geographies consisting of 310,965,464 people shows a mild negative correlation between the proportion of Armenians and per capita income in the United States with a correlation coefficient (R) of -0.300 and weighted average of $48,287, a difference of 14.9%.
Per Capita Income Correlation Summary
| Measurement | Panamanian | Armenian |
| Minimum | $15,844 | $23,281 |
| Maximum | $86,907 | $80,691 |
| Range | $71,063 | $57,410 |
| Mean | $39,085 | $48,045 |
| Median | $37,643 | $48,616 |
| Interquartile 25% (IQ1) | $29,415 | $39,345 |
| Interquartile 75% (IQ3) | $45,746 | $55,100 |
| Interquartile Range (IQR) | $16,331 | $15,755 |
| Standard Deviation (Sample) | $14,450 | $11,238 |
| Standard Deviation (Population) | $14,333 | $11,138 |
Similar Demographics by Per Capita Income
Demographics Similar to Panamanians by Per Capita Income
In terms of per capita income, the demographic groups most similar to Panamanians are Venezuelan ($42,074, a difference of 0.090%), Immigrants from Sudan ($41,986, a difference of 0.12%), Ecuadorian ($41,958, a difference of 0.18%), Ghanaian ($42,164, a difference of 0.31%), and White/Caucasian ($42,180, a difference of 0.35%).
| Demographics | Rating | Rank | Per Capita Income |
| Immigrants | Thailand | 17.6 /100 | #201 | Poor $42,289 |
| Immigrants | Bosnia and Herzegovina | 17.5 /100 | #202 | Poor $42,278 |
| Spanish | 17.0 /100 | #203 | Poor $42,249 |
| Aleuts | 16.4 /100 | #204 | Poor $42,210 |
| Whites/Caucasians | 15.9 /100 | #205 | Poor $42,180 |
| Ghanaians | 15.7 /100 | #206 | Poor $42,164 |
| Venezuelans | 14.4 /100 | #207 | Poor $42,074 |
| Panamanians | 13.9 /100 | #208 | Poor $42,035 |
| Immigrants | Sudan | 13.2 /100 | #209 | Poor $41,986 |
| Ecuadorians | 12.9 /100 | #210 | Poor $41,958 |
| Immigrants | Panama | 11.6 /100 | #211 | Poor $41,853 |
| Immigrants | Senegal | 11.3 /100 | #212 | Poor $41,830 |
| Immigrants | Venezuela | 10.2 /100 | #213 | Poor $41,727 |
| Immigrants | Bangladesh | 10.1 /100 | #214 | Poor $41,709 |
| Sudanese | 9.9 /100 | #215 | Tragic $41,695 |
Demographics Similar to Armenians by Per Capita Income
In terms of per capita income, the demographic groups most similar to Armenians are Egyptian ($48,358, a difference of 0.15%), Immigrants from Indonesia ($48,195, a difference of 0.19%), Immigrants from Brazil ($48,164, a difference of 0.26%), Immigrants from Ukraine ($48,134, a difference of 0.32%), and Romanian ($48,445, a difference of 0.33%).
| Demographics | Rating | Rank | Per Capita Income |
| Mongolians | 99.8 /100 | #74 | Exceptional $49,173 |
| Immigrants | Bolivia | 99.7 /100 | #75 | Exceptional $48,970 |
| Immigrants | England | 99.7 /100 | #76 | Exceptional $48,844 |
| Immigrants | Kazakhstan | 99.7 /100 | #77 | Exceptional $48,747 |
| Immigrants | Italy | 99.6 /100 | #78 | Exceptional $48,654 |
| Romanians | 99.5 /100 | #79 | Exceptional $48,445 |
| Egyptians | 99.5 /100 | #80 | Exceptional $48,358 |
| Armenians | 99.4 /100 | #81 | Exceptional $48,287 |
| Immigrants | Indonesia | 99.4 /100 | #82 | Exceptional $48,195 |
| Immigrants | Brazil | 99.4 /100 | #83 | Exceptional $48,164 |
| Immigrants | Ukraine | 99.3 /100 | #84 | Exceptional $48,134 |
| Austrians | 99.3 /100 | #85 | Exceptional $48,116 |
| Immigrants | Southern Europe | 99.3 /100 | #86 | Exceptional $48,027 |
| Ukrainians | 99.3 /100 | #87 | Exceptional $48,014 |
| Croatians | 99.0 /100 | #88 | Exceptional $47,742 |