Skip to main content

Table 1 The Variables and their anticipated relationships

From: Are non-performing loans sensitive to macroeconomic determinants? an empirical evidence from banking sector of SAARC countries

Notations

Variable explanation

Source (s)

Estimated effect

NPLs

Ratio of non-performing loans to Total bank loans

World bank, IMF & Annual report

* (dep. v)

M2GDP

Broad money supply as % of GDP

World Bank

(−)

EXC

Exchange rate (average)

IMF

( +)

GDP

GDP growth rate as annual percent

World bank

(−)

FISCAL

Government net lending/borrowing as % of GDP

World bank

( +)

INFL

Inflation on consumer Prices as annual %

World bank

( +)/(−)

DEBT

Sovereign Debt, Consolidated as % of GDP

IMF

( +)

  1. Source: Author’s compilation