Table 1

Mean percentage error (MPE) and root mean square percentage error (RMSPE) of the deviation from budget revenue

MPERMSPE
Time period (financial years)Number of yearsBeer (1)Spirits (2)Cigarettes (3)Beer (4)Spirits (5)Cigarettes (6)
1910 to 1944 (pre-WW2)355.02.76.4*17.415.312.8*
1945 to 2012 (post-WW2)681.7−1.30.08.810.25.3
1945 to 195915−1.3−0.2−0.17.39.15.0
1960 to 1969105.43.60.312.44.94.4
1970 to 1979104.3−2.81.110.414.04.8
1980 to 1989106.0−0.30.79.910.53.4
1990 to 1999101.7−2.9−0.96.39.08.5
2000 to 201213−3.0−4.7−0.76.211.64.5
2005 to 20128−2.2−5.1−2.66.011.35.4
2009 to 20124−0.31.0−6.57.110.27.2
  • *For tobacco the period is 1913 to 1944.

  • Source: derived from Auditor-General, various reports, and Budget Review, various reports.

  • WW2, World War II.