World Uncertainty Index for Benin
WUIBEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.20
Year-over-Year Change
217.52%
Date Range
1/1/1962 - 4/1/2025
Summary
The World Uncertainty Index for Benin measures policy-related economic uncertainty in the country. It provides valuable insights for economists and policymakers analyzing macroeconomic and financial conditions.
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 World Uncertainty Index (WUI) is a quarterly economic policy uncertainty indicator developed by researchers. The WUI for Benin tracks mentions of uncertainty in Economist Intelligence Unit country reports, offering a unique perspective on the country's economic and policy climate.
Methodology
The WUI is calculated by counting the frequency of the word 'uncertain' and its variants in Economist Intelligence Unit country reports.
Historical Context
The WUI is widely used by central banks, government agencies, and international organizations to monitor economic conditions and uncertainty.
Key Facts
- The WUI for Benin has been tracked since 1996.
- High WUI values indicate heightened economic policy uncertainty.
- Benin's WUI reached a record high during the 2020 COVID-19 pandemic.
FAQs
Q: What does the World Uncertainty Index for Benin measure?
A: The World Uncertainty Index for Benin measures policy-related economic uncertainty in the country by tracking mentions of 'uncertain' in Economist Intelligence Unit reports.
Q: Why is the World Uncertainty Index for Benin relevant for users or analysts?
A: The WUI for Benin provides valuable insights into the country's economic and policy climate, which is crucial for analysts, investors, and policymakers assessing macroeconomic conditions and risks.
Q: How is the World Uncertainty Index for Benin data collected or calculated?
A: The WUI is calculated by counting the frequency of the word 'uncertain' and its variants in Economist Intelligence Unit country reports for Benin.
Q: How is the World Uncertainty Index for Benin used in economic policy?
A: The WUI for Benin is widely used by central banks, government agencies, and international organizations to monitor economic conditions and uncertainty, informing policy decisions and assessments.
Q: Are there any update delays or limitations for the World Uncertainty Index for Benin?
A: The WUI for Benin is published quarterly, with a short delay due to the time required to process the Economist Intelligence Unit country reports.
Related Trends
Citation
U.S. Federal Reserve, World Uncertainty Index for Benin (WUIBEN), retrieved from FRED.