Variable: Economic Output Strength

QoG Code: (bti_eos)


Dataset: Bertelsmann Transformation Index

Description:

How does the economy, as measured in quantitative indicators, perform? From 1 to 10.

  1. The economic performance is very poor. Strongly negative macroeconomic data may include negative GDP growth rates, very high unemployment levels, high inflation, large budget deficits, unreasonably high debt and an increasingly unsustainable current account position.
  2. The economic performance is poor. Continuing negative macroeconomic data may include stagnant GDP levels, relatively high unemployment levels, low price stability, an unbalanced budget, rising debt and a volatile current account position.
  3. The economic performance is good. Moderately positive macroeconomic data may include low GDP growth rates, only moderate unemployment levels, relative price stability, a slightly unbalanced budget, a tendency toward debt and a manageable current account position.
  4. The economic performance is very good. Positive macroeconomic data may include relatively high GDP growth rates, relatively high employment levels, price stability, a balanced budget, a reasonable debt, and a sustainable current account position.

Type of variable: Categorical

Downloaded by QoG on: 2023-10-10
Last updated by source: 2022-02-21


Categories:

Public Economy


Find this variable in:

Basic Cross-section - 2024 Standard Cross-section - 2024 Standard Time-series - 2024 Original Dataset

Details of this variable in our compilations datasets
Dataset No. Countries
Basic cross-section: 136
Standard cross-section: 136
Standard time-series: 137


This variable has information for these countries:

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This variable has information from the year 2005 to the year 2021