Effect of Public Expenditure on Economic Growth in the Case of Ethiopia

Table 3

Descriptive statistics of the economic variables (1980–2018 millions of ETB).

	RGDP	expdef	expagri	exphe	expedu	expinve	CPI
Mean	281767.3	3121.875	4383.655	2340.495	12141.33	3395.563	69.8045
Maximum	909388.1	9080	18999.32	13641.89	44560.02	64343.64	270.0568
Minimum	107221.2	634	138.294	74.491	2162.109	17.2942	12.92441
Std. dev.	218912	2649.578	5939.871	3597.067	12095.89	10251.59	74.11584

Source: own computation based on the data from MOFED and National Bank, 2022.