CorrelateAI › Pairs
US Dollar to Euro vs US Gross Savings
US Dollar to Euro and US Gross Savings correlate at r = +0.58 over 26 years (1999–2024), p = 0.0021. With the time trend removed, r = +0.57. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = 0.0021) and the association survives trend removal (detrended r = 0.57). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- +0.58
- p-value
- 0.0021
- Years compared (n)
- 26 (1999–2024)
- 95% confidence interval
- 0.24 to 0.79
- Correlation with the time trend removed
- +0.57
Sources
- US Dollar to Euro (EUR per USD): Frankfurter (ECB). Annual mean US Dollar to Euro exchange rate (European Central Bank reference rates).
- US Gross Savings (% of GDP): World Bank. US Gross Savings (World Bank indicator NY.GNS.ICTR.ZS).
Related pairs
- US Gross Savings vs US College Enrollment (r = -0.80)
- US Dollar to Euro vs US Military Expenditure (r = -0.80)
- US Dollar to Euro vs US Urban Population (r = -0.79)
- US Dollar to Euro vs US Rural Population (r = +0.79)
- US Nuclear Power Generation vs US Gross Savings (r = -0.75)
- US Median Age vs US Gross Savings (r = -0.73)
Correlation does not imply causation. How the verdict is worked out.