Paraguayan vs Panamanian Per Capita Income
COMPARE
Paraguayan
Panamanian
Per Capita Income
Per Capita Income Comparison
Paraguayans
Panamanians
$50,385
PER CAPITA INCOME
99.9/ 100
METRIC RATING
53rd/ 347
METRIC RANK
$42,035
PER CAPITA INCOME
13.9/ 100
METRIC RATING
208th/ 347
METRIC RANK
Paraguayan vs Panamanian Per Capita Income Correlation Chart
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. Similarly, 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, a difference of 19.9%.

Per Capita Income Correlation Summary
Measurement | Paraguayan | Panamanian |
Minimum | $20,486 | $15,844 |
Maximum | $119,781 | $86,907 |
Range | $99,295 | $71,063 |
Mean | $52,548 | $39,085 |
Median | $49,067 | $37,643 |
Interquartile 25% (IQ1) | $38,496 | $29,415 |
Interquartile 75% (IQ3) | $56,770 | $45,746 |
Interquartile Range (IQR) | $18,274 | $16,331 |
Standard Deviation (Sample) | $21,489 | $14,450 |
Standard Deviation (Population) | $21,325 | $14,333 |
Similar Demographics by Per Capita Income
Demographics Similar to Paraguayans by Per Capita Income
In terms of per capita income, 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 Belarus ($50,303, a difference of 0.16%), Immigrants from Sri Lanka ($50,555, a difference of 0.34%), and New Zealander ($50,575, a difference of 0.38%).
Demographics | Rating | Rank | Per Capita Income |
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 |
Immigrants | Belarus | 99.9 /100 | #54 | Exceptional $50,303 |
Immigrants | Western Europe | 99.9 /100 | #55 | Exceptional $50,065 |
Asians | 99.9 /100 | #56 | Exceptional $50,057 |
South Africans | 99.9 /100 | #57 | Exceptional $50,044 |
Immigrants | Malaysia | 99.9 /100 | #58 | Exceptional $49,983 |
Bhutanese | 99.9 /100 | #59 | Exceptional $49,894 |
Immigrants | Scotland | 99.9 /100 | #60 | Exceptional $49,893 |
Demographics Similar to Panamanians by Per Capita Income
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 White/Caucasian ($42,180, a difference of 0.35%).
Demographics | Rating | Rank | Per Capita Income |
Immigrants | Thailand | 17.6 /100 | #201 | Poor $42,289 |
Immigrants | Bosnia and Herzegovina | 17.5 /100 | #202 | Poor $42,278 |
Spanish | 17.0 /100 | #203 | Poor $42,249 |
Aleuts | 16.4 /100 | #204 | Poor $42,210 |
Whites/Caucasians | 15.9 /100 | #205 | Poor $42,180 |
Ghanaians | 15.7 /100 | #206 | Poor $42,164 |
Venezuelans | 14.4 /100 | #207 | Poor $42,074 |
Panamanians | 13.9 /100 | #208 | Poor $42,035 |
Immigrants | Sudan | 13.2 /100 | #209 | Poor $41,986 |
Ecuadorians | 12.9 /100 | #210 | Poor $41,958 |
Immigrants | Panama | 11.6 /100 | #211 | Poor $41,853 |
Immigrants | Senegal | 11.3 /100 | #212 | Poor $41,830 |
Immigrants | Venezuela | 10.2 /100 | #213 | Poor $41,727 |
Immigrants | Bangladesh | 10.1 /100 | #214 | Poor $41,709 |
Sudanese | 9.9 /100 | #215 | Tragic $41,695 |