Research Article
A Predictive Analysis of the Business Environment of Economies along the Belt and Road Using the Fractional-Order Grey Model
Table 5
MAPE values of the testing set.
| Testing set | Model | GM (1, 1) | FGM (1, 1) | Country | MAPE (%) | MAPE (%) |
| Singapore | 0.99 | 0.68 | Georgia | 0.81 | 1.97 | Latvia | 1.19 | 0.52 | Estonia | 1.51 | 0.13 | Lithuania | 1.52 | 1.10 | Poland | 2.98 | 0.93 | Macedonia | 2.85 | 0.71 | Czech | 1.17 | 0.51 | Israel | 1.40 | 1.89 | Slovakia | 2.08 | 0.79 | Bulgaria | 0.55 | 0.58 | Slovenia | 3.34 | 0.84 | Turkey | 1.94 | 2.44 | Russia | 2.61 | 0.59 | Qatar | 4.24 | 0.32 | Hungary | 2.08 | 0.28 | Montenegro | 2.82 | 0.31 | Oman | 0.47 | 1.40 | Bahrain | 7.02 | 5.96 | Romania | 1.30 | 2.45 | Croatia | 1.78 | 1.10 | Armenia | 0.54 | 0.80 | Belarus | 4.79 | 0.45 | Mongolia | 1.94 | 0.81 | Serbia | 4.23 | 1.49 | Moldova | 1.82 | 2.99 | Vietnam | 0.95 | 0.33 | Kazakhstan | 5.55 | 0.17 | Kuwait | 6.92 | 4.38 | Indonesia | 0.86 | 0.19 | Bosnia | 2.71 | 0.37 | China | 4.58 | 4.58 | Sri Lanka | 1.28 | 8.41 | Ukraine | 1.40 | 1.33 | Egypt | 6.36 | 0.37 | Lebanon | 3.57 | 0.05 | Nepal | 6.03 | 4.11 | Kyrgyzstan | 1.65 | 1.65 | Brunei | 5.58 | 5.37 | Jordan | 10.64 | 6.97 | Albania | 2.54 | 3.35 | Maldives | 3.06 | 2.21 | Iran | 1.83 | 3.12 | Cambodia | 0.05 | 0.78 | Uzbekistan | 4.94 | 1.70 | Iraq | 2.15 | 1.62 | Syria | 5.92 | 1.90 | Bangladesh | 8.67 | 0.44 | Lao PDR | 0.52 | 1.61 | East Timor | 7.48 | 0.89 | Myanmar | 6.32 | 6.16 | Afghanistan | 6.75 | 5.60 |
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