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US GDP (current US$) vs US Tax Revenue
US GDP (current US$) and US Tax Revenue correlate at r = -0.22 over 53 years (1972–2024), p = 0.106. With the time trend removed, r = +0.29. Not statistically significant.
Verdict: Not statistically significant. With n = 53, this correlation isn't statistically significant (p = 0.106). It could easily be chance.
- Pearson r
- -0.22
- p-value
- 0.106
- Years compared (n)
- 53 (1972–2024)
- 95% confidence interval
- -0.47 to 0.05
- Correlation with the time trend removed
- +0.29
Sources
- US GDP (current US$) (USD): World Bank. US GDP (current US$) (World Bank indicator NY.GDP.MKTP.CD).
- US Tax Revenue (% of GDP): World Bank. US Tax Revenue (World Bank indicator GC.TAX.TOTL.GD.ZS).
Related pairs
- US GDP (current US$) vs US GDP per Capita (r = +1.00)
- Atmospheric CO₂ (Mauna Loa) vs US GDP (current US$) (r = +0.98)
- Atmospheric Methane (global) vs US GDP (current US$) (r = +0.98)
- US Federal Debt Outstanding vs US GDP (current US$) (r = +0.97)
- US GDP (current US$) vs US Resident Patent Applications (r = +0.97)
- US Cereal Yield vs US GDP (current US$) (r = +0.96)
Correlation does not imply causation. How the verdict is worked out.