World Uncertainty Index for Oman
WUIOMN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.66
Year-over-Year Change
526.28%
Date Range
1/1/1971 - 4/1/2025
Summary
The World Uncertainty Index for Oman tracks economic and policy uncertainty in the country. It is a valuable indicator for economists and policymakers to assess Oman's economic stability and volatility.
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) measures economic policy uncertainty by quantifying newspaper coverage of uncertainty. The Oman-specific WUI provides insights into how uncertainty fluctuates over time in Oman's economy and policy environment.
Methodology
The WUI for Oman is calculated by analyzing articles in leading Omani newspapers for terms related to uncertainty.
Historical Context
The WUI helps inform economic forecasting, investment decisions, and policy responses in Oman.
Key Facts
- The WUI for Oman reached its highest level in 2020 due to the COVID-19 pandemic.
- Oman's WUI has shown increased volatility since 2015 amid economic and political changes.
- The WUI is a leading indicator of economic conditions and policy uncertainty in Oman.
FAQs
Q: What does the World Uncertainty Index for Oman measure?
A: The World Uncertainty Index for Oman tracks economic and policy uncertainty in the country by quantifying newspaper coverage of uncertainty-related terms.
Q: Why is the Oman WUI relevant for users or analysts?
A: The Oman WUI provides valuable insights into the stability and volatility of the country's economy, helping inform economic forecasting, investment decisions, and policy responses.
Q: How is the data for the Oman WUI collected and calculated?
A: The WUI for Oman is calculated by analyzing articles in leading Omani newspapers for terms related to economic and policy uncertainty.
Q: How is the Oman WUI used in economic policy?
A: The Oman WUI helps policymakers, economists, and investors assess the country's economic stability and uncertainty, informing policy decisions and investment strategies.
Q: Are there any delays or limitations in the Oman WUI data?
A: The Oman WUI data is published regularly, but there may be some delays in reporting due to the time required to analyze news articles and calculate the index.
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Citation
U.S. Federal Reserve, World Uncertainty Index for Oman (WUIOMN), retrieved from FRED.