South American vs Paraguayan Per Capita Income

The statistical analysis conducted on geographies consisting of 494,145,698 people shows a poor negative correlation between the proportion of South Americans and per capita income in the United States with a correlation coefficient (R) of -0.179 and weighted average of $44,114. 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 14.2%.

In terms of per capita income, the demographic groups most similar to South Americans are Danish ($44,095, a difference of 0.040%), Costa Rican ($44,090, a difference of 0.050%), Swiss ($44,076, a difference of 0.090%), Immigrants from South America ($44,068, a difference of 0.10%), and Immigrants from Nepal ($44,187, a difference of 0.17%).

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%).