Latvian vs Bolivian Per Capita Income

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. Similarly, the statistical analysis conducted on geographies consisting of 184,684,256 people shows a poor negative correlation between the proportion of Bolivians and per capita income in the United States with a correlation coefficient (R) of -0.168 and weighted average of $49,526, a difference of 6.3%.

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%).

In terms of per capita income, the demographic groups most similar to Bolivians are Immigrants from Bulgaria ($49,482, a difference of 0.090%), Immigrants from Romania ($49,463, a difference of 0.13%), Lithuanian ($49,448, a difference of 0.16%), Immigrants from Argentina ($49,627, a difference of 0.20%), and Maltese ($49,640, a difference of 0.23%).