Young female population linked to currency conversion rates
Comparing DEC alternative conversion factor (LCU per US$) with Population ages 00-04, female, per capita across 214 countries, 2025–2025.
- Rank correlation
- +0.56
- Holding size constant
- +0.45
- Countries compared
- 214
- Period
- 2025–2025
What might link these
The relationship between the proportion of young females in a population and a country's currency conversion factor might be influenced by economic development stages, where countries with younger populations tend to have different economic structures. A careful reader should consider the potential impact of urbanization rates as a confounder. The correlation suggests a complex interplay between demographic and economic factors.
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 link between demographics and currency values, when in fact it may be driven by underlying economic and structural factors.
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.