Table 3 List of general socioeconomic variables used

GDP

Gross Domestic Product per capita (PPS$), i.e. a measure of the economic activity and of the wealth of a country.

(1)

Real GDP Growth rate

The growth rate of the GDP in terms of volume (%), values determined by the prices of the previous year, and thus computed volume changes are imposed on the level of a reference year so that price movements will not inflate the growth rate.

(2)

Government Debt

General government gross debt (% of GDP, million EUR).

(1)

U

Unemployment rate (%), i.e. the percentage of unemployed people in the active population.

(3)