Research Article
A Predictive Analysis of the Business Environment of Economies along the Belt and Road Using the Fractional-Order Grey Model
Table 4
MAPE values of the training set.
| Training set | Model | GM (1, 1) | FGM (1, 1) | Country | MAPE (%) | MAPE (%) |
| Singapore | 0.55 | 0.37 | Georgia | 1.21 | 0.96 | Latvia | 0.53 | 0.26 | Estonia | 0.67 | 0.21 | Lithuania | 0.82 | 0.38 | Poland | 1.26 | 0.09 | Macedonia | 1.03 | 0.31 | Czech | 0.64 | 0.13 | Israel | 0.22 | 0.19 | Slovakia | 1.29 | 0.51 | Bulgaria | 0.78 | 0.58 | Slovenia | 1.60 | 0.44 | Turkey | 1.48 | 1.30 | Russia | 1.36 | 0.45 | Qatar | 0.82 | 0.68 | Hungary | 0.79 | 0.37 | Montenegro | 0.82 | 0.51 | Oman | 0.57 | 0.50 | Bahrain | 0.69 | 0.62 | Romania | 1.46 | 0.35 | Croatia | 1.15 | 0.33 | Armenia | 0.45 | 0.21 | Belarus | 1.17 | 0.40 | Mongolia | 0.43 | 0.19 | Serbia | 3.08 | 1.47 | Moldova | 1.78 | 0.52 | Vietnam | 0.52 | 0.45 | Kazakhstan | 2.82 | 1.14 | Kuwait | 0.74 | 0.48 | Indonesia | 0.61 | 0.53 | Bosnia | 1.23 | 0.32 | China | 2.49 | 2.49 | Sri Lanka | 1.45 | 0.96 | Ukraine | 0.40 | 0.38 | Egypt | 3.33 | 1.98 | Lebanon | 2.04 | 1.66 | Nepal | 1.00 | 0.99 | Kyrgyzstan | 1.15 | 1.04 | Brunei | 1.68 | 1.40 | Jordan | 1.64 | 1.07 | Albania | 2.66 | 2.57 | Maldives | 2.36 | 1.79 | Iran | 1.98 | 1.44 | Cambodia | 0.34 | 0.22 | Uzbekistan | 3.02 | 1.76 | Iraq | 2.39 | 1.73 | Syria | 1.98 | 1.50 | Bangladesh | 2.64 | 1.76 | Lao PDR | 0.70 | 0.28 | East Timor | 4.49 | 4.07 | Myanmar | 0.20 | 0.20 | Afghanistan | 5.37 | 5.26 |
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