Savings decrease with young female population
Comparing Gross domestic savings (current US$), per capita with Population ages 0-14, female, per capita across 177 countries, 2025–2025.
- Rank correlation
- -0.71
- Holding size constant
- -0.57
- Countries compared
- 177
- Period
- 2025–2025
What might link these
The negative correlation might suggest that countries with a higher proportion of young females have lower savings rates, possibly due to increased education or childcare expenditures. However, a careful reader should consider the potential impact of cultural or societal factors on savings behavior. A likely confounder could be the overall fertility rate or female labor force participation.
Why this is not proof of anything
This is a correlation across countries, not an experiment. It cannot show that either indicator causes the other, and both may simply follow a third thing. This correlation could mislead by implying a direct relationship between young female population and savings, when in fact other demographic or economic factors may be driving the association.
The second figure above repeats the measurement with national population and income held constant. It is the more conservative number: a relationship that largely disappears there was mostly telling you that larger, richer countries have more of most things.
How this was measured
Both indicators were ranked across every country reporting each, and the two rankings compared — ranks rather than raw values, because a handful of very large countries can otherwise manufacture a relationship on their own. The calculation is arithmetic over figures already published on this site; the commentary above is drafted from the two indicator names and the resulting coefficients.