Panamanian vs West Indian Per Capita Income

The statistical analysis conducted on geographies consisting of 281,258,630 people shows a mild negative correlation between the proportion of Panamanians and per capita income in the United States with a correlation coefficient (R) of -0.306 and weighted average of $42,035. Similarly, the statistical analysis conducted on geographies consisting of 254,069,364 people shows a slight negative correlation between the proportion of West Indians and per capita income in the United States with a correlation coefficient (R) of -0.079 and weighted average of $41,217, a difference of 2.0%.

In terms of per capita income, the demographic groups most similar to Panamanians are Venezuelan ($42,074, a difference of 0.090%), Immigrants from Sudan ($41,986, a difference of 0.12%), Ecuadorian ($41,958, a difference of 0.18%), Ghanaian ($42,164, a difference of 0.31%), and Immigrants from Panama ($41,853, a difference of 0.43%). Similarly, the demographic groups most similar to West Indians are Immigrants from Ecuador ($41,195, a difference of 0.050%), Immigrants from St. Vincent and the Grenadines ($41,270, a difference of 0.13%), Immigrants from Cameroon ($41,334, a difference of 0.28%), Immigrants from Iraq ($41,365, a difference of 0.36%), and Immigrants from Barbados ($41,478, a difference of 0.63%).