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US Inflation Rate vs US Military Expenditure
US Inflation Rate and US Military Expenditure correlate at r = +0.05 over 65 years (1960–2024), p = 0.665. With the time trend removed, r = -0.37. Not statistically significant.
Verdict: Not statistically significant. With n = 65, this correlation isn't statistically significant (p = 0.665). It could easily be chance.
- Pearson r
- +0.05
- p-value
- 0.665
- Years compared (n)
- 65 (1960–2024)
- 95% confidence interval
- -0.19 to 0.29
- Correlation with the time trend removed
- -0.37
Sources
- US Inflation Rate (% annual): World Bank. US Inflation Rate (World Bank indicator FP.CPI.TOTL.ZG).
- US Military Expenditure (% of GDP): World Bank. US Military Expenditure (World Bank indicator MS.MIL.XPND.GD.ZS).
Related pairs
- US Infant Mortality vs US Military Expenditure (r = +0.91)
- US Life Expectancy vs US Military Expenditure (r = -0.88)
- US Annual CO₂ Emissions vs US Military Expenditure (r = -0.88)
- US Birth Rate vs US Military Expenditure (r = +0.87)
- US Meat Consumption per Person vs US Military Expenditure (r = -0.87)
- US Nuclear Power Generation vs US Military Expenditure (r = -0.86)
Correlation does not imply causation. How the verdict is worked out.