World Uncertainty Index for Togo
WUITGO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.38
Year-over-Year Change
75.10%
Date Range
1/1/1962 - 4/1/2025
Summary
The World Uncertainty Index for Togo measures policy-related economic uncertainty in the country. It provides a quantitative gauge of political and economic instability that can impact business and consumer confidence.
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) tracks economic policy uncertainty based on language used in the Economist Intelligence Unit country reports. The Togo-specific WUI offers a data-driven perspective on the country's volatile political and economic environment.
Methodology
The WUI is calculated by counting uncertainty-related words in Economist Intelligence Unit country reports.
Historical Context
The Togo WUI is used by analysts and policymakers to assess the potential impacts of political and economic uncertainty on the country's economic performance and business climate.
Key Facts
- Togo's WUI reached a record high in 2020 amid political turmoil.
- The WUI is positively correlated with Togo's inflation rate and unemployment.
- Elevated uncertainty can lead to reduced investment and consumption in Togo.
FAQs
Q: What does the World Uncertainty Index for Togo measure?
A: The WUI for Togo measures policy-related economic uncertainty in the country, providing a quantitative gauge of political and economic instability.
Q: Why is the Togo WUI relevant for users or analysts?
A: The Togo WUI offers data-driven insights into the country's volatile political and economic environment, which can impact business and consumer confidence as well as economic performance.
Q: How is the World Uncertainty Index data collected or calculated?
A: The WUI is calculated by counting uncertainty-related words in Economist Intelligence Unit country reports.
Q: How is the Togo WUI used in economic policy?
A: The Togo WUI is used by analysts and policymakers to assess the potential impacts of political and economic uncertainty on the country's economic performance and business climate.
Q: Are there any update delays or limitations with the Togo WUI data?
A: The Togo WUI data may have update delays due to the time required to process the Economist Intelligence Unit country reports.
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Citation
U.S. Federal Reserve, World Uncertainty Index for Togo (WUITGO), retrieved from FRED.