Latvian vs Nicaraguan Per Capita Income
COMPARE
Latvian
Nicaraguan
Per Capita Income
Per Capita Income Comparison
Latvians
Nicaraguans
$52,649
PER CAPITA INCOME
100.0/ 100
METRIC RATING
28th/ 347
METRIC RANK
$39,372
PER CAPITA INCOME
0.8/ 100
METRIC RATING
257th/ 347
METRIC RANK
Latvian vs Nicaraguan Per Capita Income Correlation Chart
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 285,722,062 people shows a moderate negative correlation between the proportion of Nicaraguans and per capita income in the United States with a correlation coefficient (R) of -0.484 and weighted average of $39,372, a difference of 33.7%.
Per Capita Income Correlation Summary
| Measurement | Latvian | Nicaraguan |
| Minimum | $3,646 | $17,623 |
| Maximum | $115,504 | $71,864 |
| Range | $111,858 | $54,241 |
| Mean | $51,165 | $33,908 |
| Median | $52,046 | $33,140 |
| Interquartile 25% (IQ1) | $36,086 | $27,013 |
| Interquartile 75% (IQ3) | $65,124 | $39,273 |
| Interquartile Range (IQR) | $29,038 | $12,260 |
| Standard Deviation (Sample) | $21,773 | $10,352 |
| Standard Deviation (Population) | $21,617 | $10,279 |
Similar Demographics by Per Capita Income
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 |
Demographics Similar to Nicaraguans by Per Capita Income
In terms of per capita income, the demographic groups most similar to Nicaraguans are Hawaiian ($39,403, a difference of 0.080%), Jamaican ($39,231, a difference of 0.36%), Immigrants from Middle Africa ($39,529, a difference of 0.40%), Malaysian ($39,194, a difference of 0.46%), and Alaska Native ($39,558, a difference of 0.47%).
| Demographics | Rating | Rank | Per Capita Income |
| Immigrants | Burma/Myanmar | 1.3 /100 | #250 | Tragic $39,827 |
| Samoans | 1.3 /100 | #251 | Tragic $39,826 |
| Immigrants | Azores | 1.0 /100 | #252 | Tragic $39,608 |
| Osage | 1.0 /100 | #253 | Tragic $39,568 |
| Alaska Natives | 1.0 /100 | #254 | Tragic $39,558 |
| Immigrants | Middle Africa | 1.0 /100 | #255 | Tragic $39,529 |
| Hawaiians | 0.8 /100 | #256 | Tragic $39,403 |
| Nicaraguans | 0.8 /100 | #257 | Tragic $39,372 |
| Jamaicans | 0.7 /100 | #258 | Tragic $39,231 |
| Malaysians | 0.7 /100 | #259 | Tragic $39,194 |
| Alaskan Athabascans | 0.6 /100 | #260 | Tragic $39,163 |
| Marshallese | 0.6 /100 | #261 | Tragic $39,108 |
| Iroquois | 0.6 /100 | #262 | Tragic $39,104 |
| Belizeans | 0.6 /100 | #263 | Tragic $39,097 |
| Americans | 0.6 /100 | #264 | Tragic $39,039 |