CorrelateAI › Pairs
US GDP per Capita vs US Bank Lending Interest Rate
US GDP per Capita and US Bank Lending Interest Rate correlate at r = -0.42 over 62 years (1960–2021), p = 6.9e-4. With the time trend removed, r = -0.61. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = 6.9e-4) and the association survives trend removal (detrended r = -0.61). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- -0.42
- p-value
- 6.9e-4
- Years compared (n)
- 62 (1960–2021)
- 95% confidence interval
- -0.61 to -0.19
- Correlation with the time trend removed
- -0.61
Sources
- US GDP per Capita (USD): World Bank. US GDP per Capita (World Bank indicator NY.GDP.PCAP.CD).
- US Bank Lending Interest Rate (%): World Bank. US Bank Lending Interest Rate (World Bank indicator FR.INR.LEND).
Related pairs
- US GDP (current US$) vs US GDP per Capita (r = +1.00)
- Atmospheric CO₂ (Mauna Loa) vs US GDP per Capita (r = +0.99)
- Atmospheric Methane (global) vs US GDP per Capita (r = +0.98)
- US GDP per Capita vs US Resident Patent Applications (r = +0.97)
- US GDP per Capita vs US Population (r = +0.97)
- US Median Age vs US GDP per Capita (r = +0.97)
Correlation does not imply causation. How the verdict is worked out.