World Pandemic Uncertainty Index for Georgia
WUPIGEO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1996 - 4/1/2025
Summary
The World Pandemic Uncertainty Index for Georgia measures economic uncertainty related to the COVID-19 pandemic in the country. It is a leading indicator of economic conditions and helps policymakers assess the impact of the pandemic.
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 Pandemic Uncertainty Index for Georgia tracks uncertainty based on newspaper coverage of the pandemic. It reflects how much uncertainty firms and households face, which can impact investment, consumption, and other economic decisions.
Methodology
The index is calculated by the Federal Reserve Bank of Atlanta based on the frequency of pandemic-related words in Georgian news articles.
Historical Context
The index is used by economists and policymakers to understand the pandemic's effects on the Georgian economy.
Key Facts
- The index was launched in 2020 to track pandemic-related uncertainty.
- Higher index values indicate increased economic uncertainty in Georgia.
- The index helps policymakers respond to pandemic-driven economic disruptions.
FAQs
Q: What does this economic trend measure?
A: The World Pandemic Uncertainty Index for Georgia measures uncertainty related to the COVID-19 pandemic in the country, based on news coverage frequency.
Q: Why is this trend relevant for users or analysts?
A: The index is a leading indicator of economic conditions in Georgia, helping policymakers and analysts assess the pandemic's impact on the economy.
Q: How is this data collected or calculated?
A: The index is calculated by the Federal Reserve Bank of Atlanta based on the frequency of pandemic-related words in Georgian news articles.
Q: How is this trend used in economic policy?
A: Economists and policymakers use the index to understand the pandemic's effects on the Georgian economy and inform policy responses.
Q: Are there update delays or limitations?
A: The index is updated regularly, but there may be delays in data collection and publication due to the nature of news reporting.
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Citation
U.S. Federal Reserve, World Pandemic Uncertainty Index for Georgia (WUPIGEO), retrieved from FRED.