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Table 4 Correlation matrix showing the significance between parameters

From: Impact of COVID-19 on G20 countries: analysis of economic recession using data mining approaches

Endogenous factors

Endogenous factors

Spearman ρ

p-value

Industrial Production

GDP/capita

 − 0.537

0.0146*

Government Spending Million $

GDP/capita

0.585

0.0067*

Government Spending Million $

Industrial Production

 − 0.4054

0.0762

Cases COVID-19/pop

GDP/capita

0.197

0.4052

Cases COVID-19/pop

Industrial Production

 − 0.0842

0.724

Cases COVID-19/pop

Government Spending Million $

 − 0.0677

0.7768

Recovery COVID-19/Cases COVID-19

GDP/capita

 − 0.2586

0.2709

Recovery COVID-19/Cases COVID-19

Industrial Production

 − 0.0812

0.7335

Recovery COVID-19/Cases COVID-19

Government Spending Million $

 − 0.3203

0.1686

Recovery COVID-19/Cases COVID-19

Cases COVID-19/pop

 − 0.4105

0.0722

Death COVID-19 /COVID-19 cases

GDP/capita

 − 0.1053

0.6587

Death COVID-19 /COVID-19 cases

Industrial Production

 − 0.0256

0.9148

Death COVID-19 /COVID-19 cases

Government Spending Million $

0.1053

0.6587

Death COVID-19 /COVID-19 cases

Cases COVID-19/pop

 − 0.0707

0.7672

Death COVID-19 /COVID-19 cases

Recovery COVID-19/Cases COVID-19

 − 0.0692

0.772

Hospital beds (per 1,000 people)

GDP/capita

0.4767

0.0336*

Hospital beds (per 1,000 people)

Industrial Production

 − 0.0459

0.8477

Hospital beds (per 1,000 people)

Government Spending Million $

0.3805

0.098

Hospital beds (per 1,000 people)

Cases COVID-19/pop

 − 0.0406

0.865

Hospital beds (per 1,000 people)

Recovery COVID-19/Cases COVID-19

 − 0.1474

0.5352

Hospital beds (per 1,000 people)

Death COVID-19 /COVID-19 cases

 − 0.1353

0.5694

Vaccinated (per population) %

GDP/capita

0.4541

0.0443*

Vaccinated (per population) %

Industrial Production

 − 0.2843

0.2244

Vaccinated (per population) %

Government Spending Million $

0.3519

0.1281

Vaccinated (per population) %

Cases COVID-19/pop

0.7128

0.0004*

Vaccinated (per population) %

Recovery COVID-19/Cases COVID-19

 − 0.5053

0.0231*

Vaccinated (per population) %

Death COVID-19 /COVID-19 cases

 − 0.0977

0.6818

Vaccinated (per population) %

Hospital beds (per 1,000 people)

0.0346

0.8849

  1. *Correlation is significant (p-value < 0.05)