FACTOID # 7: United we stand? The United Kingdom and United States are both in the top ten for Gross Domestic Product - and for child poverty.
 
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Correlations > Economy Statistics > Economic freedom

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Correlations between Economy > Economic freedom ...

Variable Strength
...and  Crime > Bribery victims (inverse) 77% [plot | correlate | graph]
...and  Education > Expected duration of education for all students 67% [plot | correlate | graph]
...and  Economy > Public institution index 67% [plot | correlate | graph]
...and  Economy > Business efficiency 66% [plot | correlate | graph]
...and  Economy > Growth competitiveness score 66% [plot | correlate | graph]
...and  Economy > GDP per capita in 1820 66% [plot | correlate | graph]
...and  Education > Expected duration of education for males 63% [plot | correlate | graph]
...and  Economy > Macroeconomic environment index 63% [plot | correlate | graph]
...and  Economy > GDP per capita in 1973 62% [plot | correlate | graph]
...and  Economy > GDP per capita in 1900 61% [plot | correlate | graph]
...and  Education > Students from households with calculator > Age 9 60% [plot | correlate | graph]
...and  Economy > Policy competitiveness 59% [plot | correlate | graph]
...and  Media > Mobile phones 57% [plot | correlate | graph]
...and  Democracy > Civil and political liberties 57% [plot | correlate | graph]
...and  Economy > Overall productivity > PPP 56% [plot | correlate | graph]
...and  Media > Phone subscribers 56% [plot | correlate | graph]
...and  Health > Age of women at first childbirth 56% [plot | correlate | graph]
...and  Education > Expected duration of education for females 56% [plot | correlate | graph]
...and  Education > Proportion of 15 year-olds in secondary education 56% [plot | correlate | graph]
...and  Economy > Technological achievement 55% [plot | correlate | graph]
...and  Education > Proportion of 17 year olds in secondary education 55% [plot | correlate | graph]
...and  Health > Probability of not reaching 60 (inverse) 55% [plot | correlate | graph]
...and  People > Gender empowerment 55% [plot | correlate | graph]
...and  Education > Average years of schooling of adults 54% [plot | correlate | graph]
...and  Education > Proportion of 16 year-olds in secondary education 54% [plot | correlate | graph]
...and  Economy > Technology index 54% [plot | correlate | graph]
...and  Crime > Bribe payers index 53% [plot | correlate | graph]
...and  Education > Primary teacher salary > Starting; ratio to GDP per capita 53% [plot | correlate | graph]
...and  Education > Primary teacher salary > After 15 years 53% [plot | correlate | graph]
...and  Economy > GDP per capita in 1950 52% [plot | correlate | graph]
...and  Education > Students from households with dictionary > Age 9 51% [plot | correlate | graph]
...and  Lifestyle > Life satisfaction 50% [plot | correlate | graph]
...and  Environment > Environmental agreement compliance 50% [plot | correlate | graph]
...and  Economy > Innovation 50% [plot | correlate | graph]
...and  Education > Primary teacher age > Proportion aged 40-49 49% [plot | correlate | graph]
...and  Health > Life expectancy > Male healthy years 48% [plot | correlate | graph]
...and  Media > Fax machines 47% [plot | correlate | graph]
...and  Environment > Pollution > Municipal Waste per capita 47% [plot | correlate | graph]
...and  Health > Per capita total expenditure on health in international dollars 47% [plot | correlate | graph]
...and  Crime > Reporting to police 47% [plot | correlate | graph]
...and  Health > Life expectancy > Healthy years 46% [plot | correlate | graph]
...and  Health > Per capita government expenditure on health in international dollars 44% [plot | correlate | graph]
...and  Labor > Long term unemployment (inverse) 44% [plot | correlate | graph]
...and  Economy > Comparative price levels 44% [plot | correlate | graph]
...and  Health > Spending > Per person 43% [plot | correlate | graph]
...and  Agriculture > Yield > Barley 43% [plot | correlate | graph]
...and  Education > Students from households with computer > Age 9 43% [plot | correlate | graph]
...and  Democracy > Bertelsmann Transformation Index > Status Index 2006 42% [plot | correlate | graph]
...and  Internet > Secure servers 42% [plot | correlate | graph]
...and  Health > Health care funding > Public per capita 42% [plot | correlate | graph]
Average: 54%

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.

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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: Index of 'economic freedom', according to the American organisation 'The Heritage Foundation'. It is worth noting that such indices are based on highly culturally contingent factors. This data makes a number of assumptions about 'freedom' and the role of the government that are not accepted by much of the world's population. A broad discussion of The Heritage Foundation's definition and methodology can be found at http://www.heritage.org/research/features/index/ChapterPDFs/chapter5.HTML.

SOURCE: The Heritage Foundation

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