Table 1
PPP Projector estimates versus reference year estimates
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| Benchmark GDI | GDP projector | GDI projector | GDP error | GDI error | GDI/GDP error | |
|---|---|---|---|---|---|---|
| ratio | percent | ratio | ||||
| Levels | ||||||
| 1993 | 0.82 | 0.82 | 0.82 | -0.3 | 0.5 | -1.8 |
| 1996 | 0.84 | 0.83 | 0.84 | -2.2 | 0.2 | -0.1 |
| 1999 | 0.84 | 0.84 | 0.84 | -- | -- | -- |
| 2002 | 0.85 | 0.84 | 0.84 | -0.9 | -0.9 | 0.9 |
| 2005 | 0.88 | 0.83 | 0.88 | -5.6 | 0.2 | 0.0 |
| Errors | ||||||
| Average error | … | … | … | -2.2 | 0.0 | 0.0 |
| Average absolute error | … | … | … | 2.2 | 0.4 | 0.2 |
| percent | ratio | |||||
| 3-year-average growth rates | ||||||
| 1993 to 1996 | 1.0 | 0.4 | 0.9 | -0.7 | -0.1 | 0.1 |
| 1996 to 1999 | -0.2 | 0.6 | -0.2 | 0.7 | -0.1 | -0.1 |
| 1999 to 2002 | 0.3 | 0.0 | 0.0 | -0.3 | -0.3 | 0.9 |
| 2002 to 2005 | 1.2 | -0.5 | 1.5 | -1.6 | 0.4 | -0.2 |
| Errors | ||||||
| Average error | … | … | … | 0.1 | 0.1 | 0.9 |
| Average absolute error | … | … | … | 0.8 | 0.2 | 0.2 |
Note(s):
GDI stands for gross domestic income; GDP stands for gross domestic
product.
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