World Uncertainty Index for Albania
WUIALB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.20
Year-over-Year Change
63.16%
Date Range
1/1/1956 - 4/1/2025
Summary
The World Uncertainty Index for Albania (WUIALB) measures economic policy uncertainty in Albania. It is a valuable indicator for economists and policymakers to assess the risks and volatility in the Albanian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The WUIALB is part of the World Uncertainty Index, a project that measures policy-related economic uncertainty across a global database of countries. The index is based on frequency of keywords related to uncertainty in Economist Intelligence Unit country reports.
Methodology
The data is calculated by counting the frequency of uncertainty-related words in Economist Intelligence Unit country reports for Albania.
Historical Context
The WUIALB can provide insights into potential impacts on investment, consumption, and policymaking in Albania.
Key Facts
- The WUIALB has been calculated since 1996.
- Higher WUIALB values indicate greater economic policy uncertainty in Albania.
- The index reached its highest level in 2020 during the COVID-19 pandemic.
FAQs
Q: What does the World Uncertainty Index for Albania measure?
A: The WUIALB measures the level of economic policy uncertainty in Albania based on the frequency of uncertainty-related words in Economist Intelligence Unit country reports.
Q: Why is the World Uncertainty Index for Albania relevant?
A: The WUIALB provides insights into the risks and volatility facing the Albanian economy, which can impact investment, consumption, and policymaking decisions.
Q: How is the World Uncertainty Index for Albania data collected?
A: The data is calculated by counting the frequency of uncertainty-related keywords in Economist Intelligence Unit country reports for Albania.
Q: How is the World Uncertainty Index for Albania used in economic policy?
A: The WUIALB can be used by economists, policymakers, and market analysts to assess the level of uncertainty and risk in the Albanian economy.
Q: Are there any limitations or delays in the World Uncertainty Index for Albania data?
A: The WUIALB data is subject to the availability and publication schedule of the Economist Intelligence Unit country reports for Albania.
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Citation
U.S. Federal Reserve, World Uncertainty Index for Albania (WUIALB), retrieved from FRED.