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US Gross Savings vs US Tax Revenue
US Gross Savings and US Tax Revenue correlate at r = +0.69 over 53 years (1972–2024), p < 0.0001. With the time trend removed, r = +0.70. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = < 0.0001) and the association survives trend removal (detrended r = 0.70). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- +0.69
- p-value
- < 0.0001
- Years compared (n)
- 53 (1972–2024)
- 95% confidence interval
- 0.51 to 0.81
- Correlation with the time trend removed
- +0.70
Sources
- US Gross Savings (% of GDP): World Bank. US Gross Savings (World Bank indicator NY.GNS.ICTR.ZS).
- US Tax Revenue (% of GDP): World Bank. US Tax Revenue (World Bank indicator GC.TAX.TOTL.GD.ZS).
Related pairs
- US Gross Savings vs US College Enrollment (r = -0.80)
- US Nuclear Power Generation vs US Gross Savings (r = -0.75)
- US Median Age vs US Gross Savings (r = -0.73)
- US Gross Savings vs US Life Expectancy (r = -0.72)
- US Gross Savings vs US Urban Population (r = -0.72)
- US Gross Savings vs US Rural Population (r = +0.72)
Correlation does not imply causation. How the verdict is worked out.