European vs Latvian Per Capita Income
COMPARE
European
Latvian
Per Capita Income
Per Capita Income Comparison
Europeans
Latvians
$45,836
PER CAPITA INCOME
92.0/ 100
METRIC RATING
124th/ 347
METRIC RANK
$52,649
PER CAPITA INCOME
100.0/ 100
METRIC RATING
28th/ 347
METRIC RANK
European vs Latvian Per Capita Income Correlation Chart
The statistical analysis conducted on geographies consisting of 561,881,498 people shows a poor negative correlation between the proportion of Europeans and per capita income in the United States with a correlation coefficient (R) of -0.110 and weighted average of $45,836. Similarly, 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, a difference of 14.9%.
Per Capita Income Correlation Summary
| Measurement | European | Latvian |
| Minimum | $10,710 | $3,646 |
| Maximum | $74,913 | $115,504 |
| Range | $64,203 | $111,858 |
| Mean | $39,928 | $51,165 |
| Median | $39,188 | $52,046 |
| Interquartile 25% (IQ1) | $32,091 | $36,086 |
| Interquartile 75% (IQ3) | $47,667 | $65,124 |
| Interquartile Range (IQR) | $15,576 | $29,038 |
| Standard Deviation (Sample) | $11,966 | $21,773 |
| Standard Deviation (Population) | $11,916 | $21,617 |
Similar Demographics by Per Capita Income
Demographics Similar to Europeans by Per Capita Income
In terms of per capita income, the demographic groups most similar to Europeans are Lebanese ($45,840, a difference of 0.010%), Moroccan ($45,854, a difference of 0.040%), Canadian ($45,858, a difference of 0.050%), Zimbabwean ($45,804, a difference of 0.070%), and Palestinian ($45,790, a difference of 0.10%).
| Demographics | Rating | Rank | Per Capita Income |
| Chinese | 93.9 /100 | #117 | Exceptional $46,098 |
| Immigrants | Saudi Arabia | 93.3 /100 | #118 | Exceptional $46,008 |
| Immigrants | Poland | 93.1 /100 | #119 | Exceptional $45,979 |
| Immigrants | Ethiopia | 92.7 /100 | #120 | Exceptional $45,923 |
| Canadians | 92.2 /100 | #121 | Exceptional $45,858 |
| Moroccans | 92.1 /100 | #122 | Exceptional $45,854 |
| Lebanese | 92.0 /100 | #123 | Exceptional $45,840 |
| Europeans | 92.0 /100 | #124 | Exceptional $45,836 |
| Zimbabweans | 91.7 /100 | #125 | Exceptional $45,804 |
| Palestinians | 91.6 /100 | #126 | Exceptional $45,790 |
| Immigrants | Germany | 91.3 /100 | #127 | Exceptional $45,751 |
| Swedes | 91.3 /100 | #128 | Exceptional $45,750 |
| Luxembourgers | 90.4 /100 | #129 | Exceptional $45,663 |
| Arabs | 90.4 /100 | #130 | Exceptional $45,662 |
| Immigrants | North Macedonia | 90.0 /100 | #131 | Exceptional $45,622 |
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 |