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Correlations > Economy Statistics > Informal economy

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Showing latest available data.

Correlations between Economy > Informal economy ...

Variable Strength
...and  Education > Students from households with computer > Age 13 (inverse) 60% [plot | correlate | graph]
...and  Education > Mathematical literacy (inverse) 57% [plot | correlate | graph]
...and  Lifestyle > Life satisfaction (inverse) 56% [plot | correlate | graph]
...and  Environment > Environmental agreement compliance (inverse) 55% [plot | correlate | graph]
...and  Economy > Growth competitiveness score (inverse) 54% [plot | correlate | graph]
...and  Agriculture > Yield > Rice (inverse) 53% [plot | correlate | graph]
...and  Economy > GDP per capita in 1973 (inverse) 53% [plot | correlate | graph]
...and  Economy > Innovation (inverse) 53% [plot | correlate | graph]
...and  Education > Spending per secondary school student (inverse) 52% [plot | correlate | graph]
...and  Health > Probability of not reaching 60 52% [plot | correlate | graph]
...and  Education > Primary teacher salary > Starting; ratio to GDP per capita (inverse) 51% [plot | correlate | graph]
...and  Education > Primary teacher salary > After 15 years (inverse) 51% [plot | correlate | graph]
...and  Economy > Macroeconomic environment index (inverse) 51% [plot | correlate | graph]
...and  Education > Scientific literacy (inverse) 49% [plot | correlate | graph]
...and  Economy > Public institution index (inverse) 48% [plot | correlate | graph]
...and  Economy > Technological achievement (inverse) 48% [plot | correlate | graph]
...and  Economy > Technology index (inverse) 48% [plot | correlate | graph]
...and  Education > Students from households with calculator > Age 13 (inverse) 47% [plot | correlate | graph]
...and  Health > Malaria % under-fives sleeping under a bednet (inverse) 47% [plot | correlate | graph]
...and  People > Gender empowerment (inverse) 46% [plot | correlate | graph]
...and  Economy > Overall productivity > PPP (inverse) 46% [plot | correlate | graph]
...and  Education > Reading literacy (inverse) 45% [plot | correlate | graph]
...and  Media > Phone subscribers (inverse) 44% [plot | correlate | graph]
...and  Agriculture > Yield > Corn (inverse) 44% [plot | correlate | graph]
...and  Agriculture > Yield > Sorghum (inverse) 44% [plot | correlate | graph]
...and  Crime > Software piracy rate 44% [plot | correlate | graph]
...and  Health > Per capita total expenditure on health in international dollars (inverse) 43% [plot | correlate | graph]
...and  Taxation > Components of taxation > Goods and service tax 43% [plot | correlate | graph]
...and  Crime > Believe in police efficiency (inverse) 43% [plot | correlate | graph]
...and  Health > Per capita government expenditure on health in international dollars (inverse) 42% [plot | correlate | graph]
...and  Transportation > Motor vehicles (inverse) 42% [plot | correlate | graph]
...and  Agriculture > Exports to USA > Brazil nuts 42% [plot | correlate | graph]
...and  Economy > GDP per capita in 1900 (inverse) 42% [plot | correlate | graph]
...and  Health > Health care funding > Public per capita (inverse) 42% [plot | correlate | graph]
...and  Agriculture > Yield > Barley (inverse) 41% [plot | correlate | graph]
...and  Environment > Pollution > Nuclear waste (inverse) 41% [plot | correlate | graph]
...and  Economy > GDP per capita in 1950 (inverse) 41% [plot | correlate | graph]
...and  Labor > Total work time > Females 41% [plot | correlate | graph]
...and  Health > Spending > Per person (inverse) 41% [plot | correlate | graph]
...and  Environment > Ecological footprint (inverse) 40% [plot | correlate | graph]
...and  Economy > Business efficiency (inverse) 40% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Electric current (inverse) 39% [plot | correlate | graph]
...and  Media > Fax machines (inverse) 39% [plot | correlate | graph]
...and  Environment > Pollution > Municipal Waste per capita (inverse) 39% [plot | correlate | graph]
...and  People > Persons per room 39% [plot | correlate | graph]
...and  Education > Primary teacher salary > Starting (inverse) 39% [plot | correlate | graph]
...and  Internet > Secure servers (inverse) 38% [plot | correlate | graph]
...and  Health > Health care funding > Total per capita (inverse) 38% [plot | correlate | graph]
...and  Education > Student attitude > Report class disorder 38% [plot | correlate | graph]
...and  Energy > Commercial energy use (inverse) 38% [plot | correlate | graph]
Average: 45%

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: The easiest definition of the informal economy is: Street traders and street vendors; Itinerant or seasonal or temporary job workers on building sites or road work; and those in between the streets and home,(e.g. waste collectors)

SOURCE: World Bank

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