Data description
| Variable | Description | Source |
|---|---|---|
| FDI | Inward FDI stock as a percentage of GDP | UNCTAD |
| GDP | Growth rate of GDP | World Bank |
| INF | Percentage change in consumer price index | World Bank |
| FREE | Economic freedom index measures the extent to which policies and institutions support freedom of choice, freedom to engage in voluntary exchange and freedom to market entry | Fraser Institute |
| TRA | Exports plus imports as a percentage of GDP | World Bank |
| GOV | Government consumption expenditure as a percentage of GDP | World Bank |
| CRED | Credit to the private sector as a percentage of GDP | World Bank |
| UNE | Unemployment rate | World Bank |
| POV | The percentage of the population earning an income below the poverty line | Quantec |
| Variable | Description | Source |
|---|---|---|
| FDI | Inward FDI stock as a percentage of GDP | UNCTAD |
| GDP | Growth rate of GDP | World Bank |
| INF | Percentage change in consumer price index | World Bank |
| FREE | Economic freedom index measures the extent to which policies and institutions support freedom of choice, freedom to engage in voluntary exchange and freedom to market entry | Fraser Institute |
| TRA | Exports plus imports as a percentage of GDP | World Bank |
| GOV | Government consumption expenditure as a percentage of GDP | World Bank |
| CRED | Credit to the private sector as a percentage of GDP | World Bank |
| UNE | Unemployment rate | World Bank |
| POV | The percentage of the population earning an income below the poverty line | Quantec |
Note:
UNCTAD: United Nations Conference on Trade and Development