World Uncertainty Index for Kenya
WUIKEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.37
Year-over-Year Change
-41.02%
Date Range
10/1/1966 - 4/1/2025
Summary
The World Uncertainty Index for Kenya measures economic and political uncertainty in the Kenyan economy. It is a key indicator for policymakers and investors monitoring the country's economic stability and growth potential.
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 index that quantifies country-level economic and political uncertainty based on text analysis of the Economist Intelligence Unit country reports. The WUI for Kenya provides a standardized, data-driven measure of uncertainty that can be compared across countries and over time.
Methodology
The WUI is calculated by counting the frequency of the word 'uncertain' and its variants in the Economist Intelligence Unit country reports for Kenya.
Historical Context
The WUI for Kenya is used by economists, policymakers, and investors to assess the business climate and economic outlook for the country.
Key Facts
- The WUI for Kenya has averaged 36.9 since 2005.
- Kenya's WUI spiked to a record high of 95.7 in Q1 2020 due to the COVID-19 pandemic.
- Uncertainty levels in Kenya tend to be higher than the global average WUI.
FAQs
Q: What does the World Uncertainty Index for Kenya measure?
A: The World Uncertainty Index for Kenya measures the level of economic and political uncertainty in the Kenyan economy based on text analysis of Economist Intelligence Unit country reports.
Q: Why is the World Uncertainty Index for Kenya relevant for users or analysts?
A: The WUI for Kenya provides a standardized, data-driven measure of uncertainty that is useful for policymakers, investors, and economists assessing the business climate and economic outlook for the country.
Q: How is the World Uncertainty Index for Kenya data collected or calculated?
A: The WUI is calculated by counting the frequency of the word 'uncertain' and its variants in the Economist Intelligence Unit country reports for Kenya.
Q: How is the World Uncertainty Index for Kenya used in economic policy?
A: The WUI for Kenya is used by policymakers, economists, and investors to monitor economic and political uncertainty in the country, which can inform decisions around fiscal, monetary, and investment policies.
Q: Are there any update delays or limitations for the World Uncertainty Index for Kenya?
A: The WUI for Kenya is published quarterly, so there may be a several-month delay in the latest data being available. Additionally, the index is dependent on the availability and quality of the underlying Economist Intelligence Unit country reports.
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Citation
U.S. Federal Reserve, World Uncertainty Index for Kenya (WUIKEN), retrieved from FRED.