Table 5.
The summary statistics of the data on actual GDP growth and actual Inf as well as the data on GDP growth and Inf forecasts made by the BOT, the FPO, and the NESDC.
| Minimum | Maximum | Mean | Standard deviation | Number of observations (n) | |
|---|---|---|---|---|---|
| Actual | |||||
| GDP growth | −6.100 | 7.800 | 3.227 | 3.172 | 22 |
| Δ GDP growth | −8.500 | 10.100 | −0.152 | 4.537 | 21 |
| Inf | −0.900 | 5.500 | 1.856 | 1.784 | 22 |
| Δ Inf | −6.400 | 4.200 | −0.019 | 2.215 | 21 |
| BOT | |||||
| GDP growth | 1.000 | 6.800 | 3.993 | 1.275 | 21 |
| Δ GDP growth | −4.250 | 3.300 | −0.028 | 1.659 | 20 |
| Inf | −0.500 | 4.250 | 1.843 | 1.345 | 21 |
| Δ Inf | −3.900 | 4.500 | −0.050 | 1.739 | 20 |
| FPO | |||||
| GDP growth | −2.500 | 7.900 | 4.171 | 1.988 | 19 |
| Δ GDP growth | −8.000 | 7.000 | −0.128 | 2.770 | 18 |
| Inf | 0.300 | 4.500 | 2.295 | 1.297 | 19 |
| Δ Inf | −3.800 | 3.300 | −0.056 | 1.508 | 18 |
| NESDC | |||||
| GDP growth | 2.000 | 7.500 | 4.038 | 1.148 | 21 |
| Δ GDP growth | −2.000 | 3.500 | −0.050 | 1.308 | 20 |
| Inf | 0.400 | 4.000 | 2.262 | 1.065 | 21 |
| Δ Inf | −1.900 | 1.300 | −0.038 | 0.738 | 20 |