Panamanian vs Mongolian Per Capita Income

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 140,356,705 people shows no correlation between the proportion of Mongolians and per capita income in the United States with a correlation coefficient (R) of -0.006 and weighted average of $49,173, a difference of 17.0%.

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%).

In terms of per capita income, the demographic groups most similar to Mongolians are Immigrants from Hungary ($49,303, a difference of 0.26%), Immigrants from North America ($49,302, a difference of 0.26%), Greek ($49,309, a difference of 0.28%), Immigrants from Eastern Europe ($49,316, a difference of 0.29%), and Immigrants from Bolivia ($48,970, a difference of 0.41%).