World Uncertainty Index for Uganda
WUIUGA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.16
Year-over-Year Change
-49.39%
Date Range
10/1/1966 - 4/1/2025
Summary
The World Uncertainty Index for Uganda measures economic and political uncertainty in the country. It is a valuable tool for economists and policymakers to assess risk and inform decision-making.
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 for Uganda tracks fluctuations in uncertainty based on text analysis of country-specific reports from the Economist Intelligence Unit. It provides a quantitative metric to gauge the volatility of Uganda's economic and political environment.
Methodology
The index is calculated by counting the frequency of the word 'uncertain' and its variants in country reports.
Historical Context
The index helps investors, analysts, and policymakers understand the risks and challenges facing Uganda's economy.
Key Facts
- The index ranges from 0 to 100, with higher values indicating greater uncertainty.
- Uganda's World Uncertainty Index reached a peak in 2020 during the COVID-19 pandemic.
- Fluctuations in the index are linked to political events, policy changes, and economic shocks in Uganda.
FAQs
Q: What does the World Uncertainty Index for Uganda measure?
A: The index measures the level of economic and political uncertainty in Uganda based on text analysis of country reports.
Q: Why is the World Uncertainty Index for Uganda relevant for users or analysts?
A: The index provides a quantitative metric to gauge the volatility and risk in Uganda's economy, which is useful for investors, analysts, and policymakers.
Q: How is the data for the World Uncertainty Index for Uganda collected or calculated?
A: The index is calculated by counting the frequency of the word 'uncertain' and its variants in country reports from the Economist Intelligence Unit.
Q: How is the World Uncertainty Index for Uganda used in economic policy?
A: The index helps policymakers and institutions understand the risks and challenges facing Uganda's economy, which informs decision-making and policy responses.
Q: Are there any update delays or limitations for the World Uncertainty Index for Uganda?
A: The index is updated regularly, but there may be some delay in reporting due to the time required for data collection and analysis.
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Citation
U.S. Federal Reserve, World Uncertainty Index for Uganda (WUIUGA), retrieved from FRED.