ECB SPF forecast accuracy
Compare current-year, one-year-ahead, and two-year-ahead errors within the same indicator.
No matching countries or indicators were found.
ECB SPF
3 forecast-history pairs are tracked here.
Inflation, consumer prices (annual %)
Unit: %
| Country | Current-year MAE | 1-year MAE | 2-year MAE | 1-year average error | 1-year direction miss | Latest direction miss | 1-year observations | Latest vintage | View history |
|---|---|---|---|---|---|---|---|---|---|
|
Euro area
EMU
|
0.49% | 1.19% | 1.46% | -0.56% | 41% | 2021 Q4 | 100 | 2024 Q4 | View history |
GDP growth (annual %)
Unit: %
| Country | Current-year MAE | 1-year MAE | 2-year MAE | 1-year average error | 1-year direction miss | Latest direction miss | 1-year observations | Latest vintage | View history |
|---|---|---|---|---|---|---|---|---|---|
|
Euro area
EMU
|
0.70% | 1.43% | 1.74% | 0.55% | 24% | 2018 Q4 | 100 | 2024 Q4 | View history |
Unemployment, total (% of total labor force)
Unit: %
| Country | Current-year MAE | 1-year MAE | 2-year MAE | 1-year average error | 1-year direction miss | Latest direction miss | 1-year observations | Latest vintage | View history |
|---|---|---|---|---|---|---|---|---|---|
|
Euro area
EMU
|
0.28% | 0.64% | 0.93% | -0.01% | 52% | 2024 Q4 | 104 | 2025 Q4 | View history |