The forecast GDP growth rates are taken from the International Monetary Fund’s World Economic Outlook database (April 2016 edition).4 It is also assumed that the CDP will follow the standard practice of using data with a two-year lag. Projections for the 2018 review, for example, were based on GNI per capita for the 2014-2016 period. Given the current very low inflation rate internationally, the income thresholds for graduation for 2015 were assumed to apply in both the 2018 and the 2021 revision (that is, no corrections for inflation were made either to the thresholds or to projected GNI per capita). Following CDP practice, the thresholds for graduation for 2018 and 2021 were assumed to remain at the levels set in 2012.