| Variable | Descriptor | Database/Source | Expected Sign |
| PCON | Private Consumption | CBL |
|
| NDI | National Disposable Income | CBL | Positive |
| GOVEXP | Government Expenditure | WB-WDI | Ambiguous |
| DR | Deposit Interest Rates | WB-WDI | Negative |
| INFL | Inflation Rate | WB-WDI | Negative |