CorrelateAI › Pairs
US Dollar to Euro vs US Tax Revenue
US Dollar to Euro and US Tax Revenue correlate at r = +0.54 over 26 years (1999–2024), p = 0.0046. With the time trend removed, r = +0.54. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = 0.0046) and the association survives trend removal (detrended r = 0.54). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- +0.54
- p-value
- 0.0046
- Years compared (n)
- 26 (1999–2024)
- 95% confidence interval
- 0.19 to 0.77
- Correlation with the time trend removed
- +0.54
Sources
- US Dollar to Euro (EUR per USD): Frankfurter (ECB). Annual mean US Dollar to Euro exchange rate (European Central Bank reference rates).
- US Tax Revenue (% of GDP): World Bank. US Tax Revenue (World Bank indicator GC.TAX.TOTL.GD.ZS).
Related pairs
- 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 Dollar to Euro vs US Imports (r = -0.72)
- US Tax Revenue vs US Unemployment Rate (r = -0.70)
- US Gross Savings vs US Tax Revenue (r = +0.69)
Correlation does not imply causation. How the verdict is worked out.