| Variable | Obs | Mean | Std. Dev. | Min | Max |
| spread | 226 | 19.41 | 14.11 | 0.07 | 118.38 |
| GDP per capita | 246 | 6415.28 | 4195.15 | 904.23 | 18703.86 |
| exchange rate | 249 | 353.94 | 955.31 | 0.68 | 6771.10 |
| real interest | 244 | 8.34 | 17.01 | −85.73 | 93.92 |
| EFW | 242 | 6.50 | 1.05 | 2.72 | 8.04 |
| EFW3 | 242 | 7.80 | 1.88 | 0.94 | 9.76 |
| EFW5 | 242 | 6.28 | 1.13 | 2.50 | 7.89 |