Is there a relation between the government’s budget (revenue, spending, deficit) and the GDP of countries? Has the type of spending and destination a positive effect in the population? In this second post, we check any potential correlation between the revenues and the GDP / capita. We can see a medium correlation (0.58) with revenues in USD / capita and we can see a low correlation (0.21) with % of revenues from GDP. Next post in a week…
file: budget vs GDP 2_8
