The Correlation between GDP PPP Per Capita and GDP PPP Per Area Worldwide

Oct 23, 2017
Scatter plot of per capita GDP PPP and GDP PPP per area

The correlation between per capita gross domestic product based on purchasing power parity (GDP PPP) and GDP PPP per area worldwide is moderately weak.  The three largest economies on a per capita basis have a high per area GDP relative to other countries.

The Correlation between GDP PPP Per Capita and GDP PPP Per Area in Oceania

Oct 20, 2017
Scatter plot of per capita GDP PPP and GDP PPP per area

The correlation between per capita gross domestic product based on purchasing power parity (GDP PPP) and GDP PPP per area in Oceania is weak.  The three largest economies on a per capita basis have either a moderate or high per area GDP relative to other countries on the continent.

The Correlation between GDP PPP Per Capita and GDP PPP Per Area in Africa

Oct 19, 2017
Scatter plot of per capita GDP PPP and GDP PPP per area

The correlation between per capita gross domestic product based on purchasing power parity (GDP PPP) and GDP PPP per area in Africa is moderate.  The three largest economies on a per capita basis all have a high per area GDP relative to other countries on the continent.

The Correlation between GDP PPP Per Capita and GDP PPP Per Area in Asia

Oct 18, 2017
Scatter plot of per capita GDP PPP and GDP PPP per area

The correlation between per capita gross domestic product based on purchasing power parity (GDP PPP) and GDP PPP per area in Asia is moderate.  The three largest economies on a per capita basis have either a moderate or high per area GDP relative to other countries on the continent.

The Correlation between GDP PPP Per Capita and GDP PPP Per Area in Europe

Oct 17, 2017
Scatter plot of per capita GDP PPP and GDP PPP per area

The correlation between per capita gross domestic product based on purchasing power parity (GDP PPP) and GDP PPP per area in Europe is moderate.  The three largest economies on a per capita basis have either a low, moderate, or high per area GDP relative to other countries on the continent.

The Correlation between GDP PPP Per Capita and GDP PPP Per Area in South America

Oct 16, 2017
Scatter plot of per capita GDP PPP and GDP PPP per area

The correlation between per capita gross domestic product based on purchasing power parity (GDP PPP) and GDP PPP per area in South America is moderately strong.  The three largest economies on a per capita basis have either a moderate or high per area GDP relative to other countries on the continent.

The Correlation between GDP PPP Per Capita and GDP PPP Per Area in North America

Oct 13, 2017
Scatter plot of per capita GDP PPP and GDP PPP per area

The correlation between per capita gross domestic product based on purchasing power parity (GDP PPP) and GDP PPP per area in North America is almost nonexistent.  The three largest economies on a per capita basis have either a very low, moderate, or high per area GDP.

The Correlation between Minimum Wage and Economic Strength Worldwide

Sep 12, 2017
Scatter plot of shadow economies and GDP

Worldwide, the correlation between economic strength and the minimum wage is pretty strong.  Most countries have low minimum wages and a small per capita GDP PPP.

The Correlation between Minimum Wage and Economic Strength in Oceania

Sep 9, 2017
Scatter plot of shadow economies and GDP

In Oceania, the correlation between economic strength and the minimum wage is extremely strong.  As far as these metrics go, there's New Zealand and Australia, and then there's everyone else.

The Correlation between Minimum Wage and Economic Strength in Africa

Sep 8, 2017
Scatter plot of shadow economies and GDP

In Africa, the correlation between economic strength and the minimum wage is pretty weak.  The majority of nations on the continent have a per capita GDP PPP below 10,000 international dollars and a minimum wage below 4,000 international dollars.


Older