Table 9.

Comparative analysis of key financial indicators across industries before and after VAT increase and COVID-19 onset.

Variables	Various sectors (%)
	Energy (%)	Materials (%)	Capital goods (%)	Business and Professional Services (%)	Transportation (%)
$TA$	5.64	5.64	−0.94	7.53	−19.76
$SE$	24.46	2.82	−3.76	13.17	6.58
$TLSE$	5.64	5.64	−0.94	7.52	−19.76
$TI$	33.87	−16.93	1.88	75.28	34.82
$TR$	36.70	−25.41	−19.76	74.34	42.35
$TE$	−31.99	12.24	0.00	144.92	−10.35
$NI$	92.22	−533.57	4578.16	117.63	140.23
$COA$	140.21	34.82	79.05	71.52	−6.58
$CIA$	94.10	103.51	121.39	109.16	−3351.04
$CFA$	−123.27	32.00	36.70	59.28	60.22
$CEP$	41.41	16.93	−7.53	−14.12	−14.11