Scandinavian vs Panamanian Per Capita Income
COMPARE
Scandinavian
Panamanian
Per Capita Income
Per Capita Income Comparison
Scandinavians
Panamanians
$43,848
PER CAPITA INCOME
55.2/ 100
METRIC RATING
170th/ 347
METRIC RANK
$42,035
PER CAPITA INCOME
13.9/ 100
METRIC RATING
208th/ 347
METRIC RANK
Scandinavian vs Panamanian Per Capita Income Correlation Chart
The statistical analysis conducted on geographies consisting of 472,676,138 people shows a poor negative correlation between the proportion of Scandinavians and per capita income in the United States with a correlation coefficient (R) of -0.176 and weighted average of $43,848. 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 4.3%.
Per Capita Income Correlation Summary
| Measurement | Scandinavian | Panamanian |
| Minimum | $15,911 | $15,844 |
| Maximum | $77,383 | $86,907 |
| Range | $61,472 | $71,063 |
| Mean | $40,106 | $39,085 |
| Median | $39,048 | $37,643 |
| Interquartile 25% (IQ1) | $30,666 | $29,415 |
| Interquartile 75% (IQ3) | $45,055 | $45,746 |
| Interquartile Range (IQR) | $14,389 | $16,331 |
| Standard Deviation (Sample) | $13,782 | $14,450 |
| Standard Deviation (Population) | $13,683 | $14,333 |
Similar Demographics by Per Capita Income
Demographics Similar to Scandinavians by Per Capita Income
In terms of per capita income, the demographic groups most similar to Scandinavians are Immigrants from Peru ($43,852, a difference of 0.010%), Immigrants from Eastern Africa ($43,838, a difference of 0.020%), Czechoslovakian ($43,806, a difference of 0.090%), Belgian ($43,951, a difference of 0.24%), and English ($43,982, a difference of 0.31%).
| Demographics | Rating | Rank | Per Capita Income |
| Immigrants | South America | 61.2 /100 | #163 | Good $44,068 |
| Sri Lankans | 59.8 /100 | #164 | Average $44,014 |
| Immigrants | Philippines | 59.4 /100 | #165 | Average $44,000 |
| Immigrants | Uruguay | 59.3 /100 | #166 | Average $43,997 |
| English | 58.9 /100 | #167 | Average $43,982 |
| Belgians | 58.1 /100 | #168 | Average $43,951 |
| Immigrants | Peru | 55.3 /100 | #169 | Average $43,852 |
| Scandinavians | 55.2 /100 | #170 | Average $43,848 |
| Immigrants | Eastern Africa | 54.9 /100 | #171 | Average $43,838 |
| Czechoslovakians | 54.1 /100 | #172 | Average $43,806 |
| French | 50.7 /100 | #173 | Average $43,685 |
| Colombians | 50.0 /100 | #174 | Average $43,661 |
| Celtics | 48.9 /100 | #175 | Average $43,621 |
| Immigrants | South Eastern Asia | 46.6 /100 | #176 | Average $43,539 |
| Tlingit-Haida | 45.9 /100 | #177 | Average $43,516 |
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 |