Category: Images

Government spending as a percentage of GDP vs. U.N. Development Ranking

Correlation: 0.3608

Using 2011 data from UNDP and the Heritage Foundation, I plotted a graph of government spending as a percentage of GDP by U.N. development ranking for all countries for which data is available (about 180). There’s a weak-to-moderate correlation between higher government spending and higher development ranking. ┬áThis is not a particularly instructive piece of information, although it’s not nothing.

Correlation between government spending as a percentage of GDP and U.N. development ranking

-Mattathias Lerner