Australian vs Paraguayan Per Capita Income
COMPARE
Australian
Paraguayan
Per Capita Income
Per Capita Income Comparison
Australians
Paraguayans
$52,074
PER CAPITA INCOME
100.0/ 100
METRIC RATING
33rd/ 347
METRIC RANK
$50,385
PER CAPITA INCOME
99.9/ 100
METRIC RATING
53rd/ 347
METRIC RANK
Australian vs Paraguayan Per Capita Income Correlation Chart
The statistical analysis conducted on geographies consisting of 224,126,696 people shows a weak negative correlation between the proportion of Australians and per capita income in the United States with a correlation coefficient (R) of -0.262 and weighted average of $52,074. 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 3.4%.
Per Capita Income Correlation Summary
| Measurement | Australian | Paraguayan |
| Minimum | $23,081 | $20,486 |
| Maximum | $105,254 | $119,781 |
| Range | $82,173 | $99,295 |
| Mean | $49,891 | $52,548 |
| Median | $48,296 | $49,067 |
| Interquartile 25% (IQ1) | $34,284 | $38,496 |
| Interquartile 75% (IQ3) | $60,948 | $56,770 |
| Interquartile Range (IQR) | $26,664 | $18,274 |
| Standard Deviation (Sample) | $19,453 | $21,489 |
| Standard Deviation (Population) | $19,287 | $21,325 |
Demographics Similar to Australians and Paraguayans by Per Capita Income
In terms of per capita income, the demographic groups most similar to Australians are Immigrants from Russia ($52,044, a difference of 0.060%), Burmese ($52,005, a difference of 0.13%), Immigrants from Greece ($51,891, a difference of 0.35%), Estonian ($51,875, a difference of 0.38%), and Immigrants from Czechoslovakia ($51,770, a difference of 0.59%). Similarly, 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 Sri Lanka ($50,555, a difference of 0.34%), New Zealander ($50,575, a difference of 0.38%), and Immigrants from Serbia ($50,810, a difference of 0.84%).
| Demographics | Rating | Rank | Per Capita Income |
| 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 |
| Immigrants | Greece | 100.0 /100 | #36 | Exceptional $51,891 |
| Estonians | 100.0 /100 | #37 | Exceptional $51,875 |
| Immigrants | Czechoslovakia | 100.0 /100 | #38 | Exceptional $51,770 |
| Cambodians | 100.0 /100 | #39 | Exceptional $51,731 |
| Immigrants | Korea | 100.0 /100 | #40 | Exceptional $51,671 |
| Immigrants | South Africa | 100.0 /100 | #41 | Exceptional $51,465 |
| Immigrants | Turkey | 100.0 /100 | #42 | Exceptional $51,368 |
| Immigrants | Lithuania | 100.0 /100 | #43 | Exceptional $51,361 |
| Immigrants | Europe | 100.0 /100 | #44 | Exceptional $50,950 |
| Immigrants | Spain | 100.0 /100 | #45 | Exceptional $50,933 |
| Immigrants | Latvia | 100.0 /100 | #46 | Exceptional $50,914 |
| Bulgarians | 100.0 /100 | #47 | Exceptional $50,906 |
| Immigrants | Serbia | 100.0 /100 | #48 | Exceptional $50,810 |
| New Zealanders | 100.0 /100 | #49 | Exceptional $50,575 |
| Immigrants | Sri Lanka | 100.0 /100 | #50 | Exceptional $50,555 |
| Immigrants | Netherlands | 100.0 /100 | #51 | Exceptional $50,458 |
| Immigrants | Croatia | 99.9 /100 | #52 | Exceptional $50,417 |
| Paraguayans | 99.9 /100 | #53 | Exceptional $50,385 |