THERMAL SCIENCE

International Scientific Journal

ATTENTION RECURRENT NEURAL NETWORK WITH EARTHWORM OPTIMIZATION ON GROSS DOMESTIC PRODUCT PREDICTION USING MAIN ECONOMIC ACTIVITIES

ABSTRACT
Gross domestic product (GDP) is a vital metric for evaluating the financial strength and development of a nation. It extends the complete value of services and goods produced within an exact time, presenting critical perceptions into the complete financial performance and health. This study focuses on enhancing GDP prediction by examining key economic activities such as non-oil, oil, and government sectors. Understanding these modules is important for accurately predicting economic trials, which impact tax revenue, living standards, and economic stability. By incorporating these foremost financial activities, the research emphasizes improving the exactness of GDP prediction and provides actionable perceptions for strategic economic policy and planning growth. Besides, the study inspects how variations in these areas affect GDP, giving a more complete view of trade trends and helping shareholders make informed decisions to raise steady growth. This study proposes GDP prediction by utilizing an attention recurrent neural network with earthworm optimization algorithm (GDPP-ARNNEOA). The main objective of the GDPP-ARNNEOA technique is to improve GDP prediction accuracy by analyzing key economic activities to inform economic planning and policy-making. To accomplish that, the GDPP-ARNNEOA approach performs normalization by utilizing a min-max scaler. Then, the ARNN approach is employed for prediction process. Subsequently, the GDPP-ARNNEOA model accomplishes the hyperparameter tuning by implementing the EOA model. The performance validation of the GDPP-ARNNEOA technique is examined in terms of various measures namely Mean squared error, mean absolute error, and mean absolute percentage error. The experimental results revealed the superior performance of the GDPP-ARNNEOA technique over other recent models.
KEYWORDS
PAPER SUBMITTED: 2024-06-21
PAPER REVISED: 2024-10-10
PAPER ACCEPTED: 2024-10-29
PUBLISHED ONLINE: 2025-01-25
DOI REFERENCE: https://doi.org/10.2298/TSCI2406087H
CITATION EXPORT: view in browser or download as text file
THERMAL SCIENCE YEAR 2024, VOLUME 28, ISSUE Issue 6, PAGES [5087 - 5095]
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2025 Society of Thermal Engineers of Serbia. Published by the Vinča Institute of Nuclear Sciences, National Institute of the Republic of Serbia, Belgrade, Serbia. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution-NonCommercial-NoDerivs 4.0 International licence