| Variable | Definition | Source |
| gdp_per_cap | Annual percentage growth rate of GDP per capita based on constant local currency. GDP per capita is gross domestic product divided by midyear population. | World Development Indicators (WDI, 2015) |
| natural_resource | otal natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents. | World Development Indicators (WDI, 2015) |
| education | Net enrolment ratio of primary school is the ratio of children of official school age enrolled in school to the population of the corresponding official school age. | World Development Indicators (WDI, 2015) |
| government_stability | Measures the ability of the government to effectively manage its projects and programs and remain in place. The risk rating assigned is the sum of three subcomponents (government unity, legislative strength and popular support), each with a maximum score of four points and a minimum score of 0 points. The higher the score, the more effective and stable the government. | International Country Risk Guide (ICRG, 2015) |
| external_conflict | Assesses the risk of government pressure from outside, particularly in terms of diplomatic pressure or even border conflicts. The risk rating assigned is the sum of three subcomponents (war, cross-border conflict and foreign pressures), each with a maximum score of four points and a minimum score of 0 points. A high value corresponds to a low risk while a low rating indicates a high risk. | International Country Risk Guide (ICRG, 2015) |
| religious_tensions | Expresses the risk of religious tensions linked to the propensity of a single religious group seeking to replace civil law by religious law and excluding other religions from the political and/or social process. This indicator ranges from 0 to 6, which a high score means a very low risk, while a low score indicates a high very high risk. | International Country Risk Guide (ICRG, 2015) |
| democratic_accountability | Expresses the extent to which governments are responsive to the aspirations of the people, which reflects to a lesser extent the effectiveness of the governance system and its capacity to ensure a stable democratic regime. This indicator ranges from 0 to 6, that a high score corresponds to a low risk, and therefore a more effective democracy. | International Country Risk Guide (ICRG, 2015) |