Table 2.
Descriptive statistics for macroeconomic variables by country groups.
| Country group | Mean |
Standard deviation |
Coefficient of variation |
Mean |
Standard deviation |
Coefficient of variation |
|---|---|---|---|---|---|---|
| GDPP (US$) | GDPPG (%) | |||||
| High-income economies | 33,883.30 | 14,074.80 | 0.42 | 2.31 | 3.33 | 1.44 |
| Middle-income economies |
8,907.95 |
6,016.82 |
0.68 |
2.14 |
4.55 |
2.12 |
| IFI (points) | BFI (points) | |||||
| High-income economies | 70.06 | 12.25 | 0.17 | 79.00 | 6.87 | 0.09 |
| Middle-income economies |
44.78 |
16.17 |
0.36 |
66.83 |
9.29 |
0.14 |
| GII (points) | FFI (points) | |||||
| High-income economies | 69.99 | 20.55 | 0.29 | 68.27 | 15.59 | 0.23 |
| Middle-income economies |
33.93 |
12.35 |
0.36 |
47.00 |
12.40 |
0.26 |
| INF (%) | FD (% of GDP) | |||||
| High-income economies | 0.05 | 0.22 | 4.35 | 2.01 | 4.95 | 2.46 |
| Middle-income economies |
0.24 |
1.15 |
4.88 |
1.48 |
3.72 |
2.51 |
| DP (% of GDP) | ERR (1–5) | |||||
| High-income economies | 55.64 | 35.68 | 0.64 | 1.94 | 1.10 | 0.57 |
| Middle-income economies | 46.91 | 29.37 | 0.63 | 2.14 | 1.19 | 0.56 |
Notes: GDPP, GDPPG, IFI, BFI, GII, FFI, INF, FD, DP, and EER stand for per capita GDP growth rate, investment freedom index, business freedom index, government integrity index, financial freedom index, inflation, fiscal deficit, public debt, and exchange rate regime, respectively.