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Correlations > Economy Statistics > Business efficiency

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Correlations between Economy > Business efficiency ...

Variable Strength
...and  Economy > Growth competitiveness score 75% [plot | correlate | graph]
...and  Economy > Policy competitiveness 73% [plot | correlate | graph]
...and  Economy > Macroeconomic environment index 72% [plot | correlate | graph]
...and  Economy > Public institution index 71% [plot | correlate | graph]
...and  Economy > Economic freedom 66% [plot | correlate | graph]
...and  Crime > Bribery victims (inverse) 65% [plot | correlate | graph]
...and  Internet > Secure servers 63% [plot | correlate | graph]
...and  Economy > Innovation 62% [plot | correlate | graph]
...and  Economy > Infrastructure 62% [plot | correlate | graph]
...and  Health > Health care funding > Total per capita 57% [plot | correlate | graph]
...and  Environment > Pollution > Municipal Waste per capita 56% [plot | correlate | graph]
...and  Environment > Environmental agreement compliance 55% [plot | correlate | graph]
...and  Economy > Technology index 54% [plot | correlate | graph]
...and  Media > Fax machines 53% [plot | correlate | graph]
...and  Lifestyle > Life satisfaction inequality (inverse) 53% [plot | correlate | graph]
...and  Labor > Regulation (inverse) 53% [plot | correlate | graph]
...and  Economy > Technological achievement 52% [plot | correlate | graph]
...and  Energy > Commercial energy use 52% [plot | correlate | graph]
...and  Energy > Oil imports > Net 51% [plot | correlate | graph]
...and  Health > Health care funding > Public per capita 50% [plot | correlate | graph]
...and  Labor > Long term unemployment (inverse) 50% [plot | correlate | graph]
...and  Environment > Ecological footprint 50% [plot | correlate | graph]
...and  People > Gender empowerment 47% [plot | correlate | graph]
...and  Economy > Overall productivity > PPP 47% [plot | correlate | graph]
...and  Agriculture > Production > Corn 46% [plot | correlate | graph]
...and  Food > Soft drink consumption 45% [plot | correlate | graph]
...and  People > One person households 44% [plot | correlate | graph]
...and  Health > Per capita total expenditure on health in international dollars 43% [plot | correlate | graph]
...and  Health > Per capita government expenditure on health in international dollars 43% [plot | correlate | graph]
...and  Health > Spending > Per person 43% [plot | correlate | graph]
...and  Education > Educational attainment > Tertiary 43% [plot | correlate | graph]
...and  Health > Drinking water availability % 42% [plot | correlate | graph]
...and  Economy > Comparative price levels 42% [plot | correlate | graph]
...and  Media > Phone subscribers 42% [plot | correlate | graph]
...and  Crime > Believe in police efficiency 42% [plot | correlate | graph]
...and  Labor > Regulation > Employment Conditions (inverse) 42% [plot | correlate | graph]
...and  Lifestyle > Will fight for country 42% [plot | correlate | graph]
...and  Environment > Pollution > Carbon Dioxide per capita 41% [plot | correlate | graph]
...and  Economy > World Trade > Imports > Electric current 41% [plot | correlate | graph]
...and  Labor > Regulation > Firing (inverse) 41% [plot | correlate | graph]
...and  Crime > Perception of safety > Burglary 41% [plot | correlate | graph]
...and  Energy > Usage per person 40% [plot | correlate | graph]
...and  Lifestyle > Confidence in social institutions > Civil service 40% [plot | correlate | graph]
...and  Environment > Municipal waste generation 40% [plot | correlate | graph]
...and  Education > Literacy > Adults at low literacy level (inverse) 40% [plot | correlate | graph]
...and  Education > Literacy > Adults with at least moderate literacy 40% [plot | correlate | graph]
...and  Economy > Informal economy (inverse) 40% [plot | correlate | graph]
...and  Education > Average years of schooling of adults 38% [plot | correlate | graph]
...and  People > Gender development 38% [plot | correlate | graph]
...and  Health > % of population using improved drinking water sources > Total 38% [plot | correlate | graph]
Average: 49%

About Correlations:

A correlation is a statistical measure of similarity between at least two given sets of data. NationMaster's correlations compare two variables from our database and reveal statistical relationships between them. The percentages you see represent the strength (or likelihood) that a change in the topic variable is matched by a change in the listed variables below it. But remember: These correlations do not imply causation, that is, one does not necessarily cause the other. Also, not all variables contain all countries, rather subsets of countries matched together.

VIEW FOR THIS VARIABLE:

NOTES:

  • Outliers have been removed only where they are outside 3 standard deviations of the mean.
  • Only variable pairs where at least 15 countries match for each have been considered.
  • Strength is given by the correlation coefficient (R squared). It is the fraction of variation in Y that can be attributed to the variation in X. 100% signifies a perfect fit (R squared of 1). The top 50 such stats are displayed


DEFINITION: Based upon a business efficiency index where '100' represents the highest level of business efficiency.

SOURCE: IMD International, 2005

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