Economic Policy Uncertainty Index for South Korea

This dataset tracks economic policy uncertainty index for south korea over time.

Latest Value

182.51

Year-over-Year Change

-29.23%

Date Range

1/1/1990 - 12/1/2020

Summary

The Economic Policy Uncertainty Index for South Korea measures the degree of uncertainty surrounding economic policy decisions in the country. This index is a valuable indicator for economists and policymakers to assess the business climate and economic outlook.

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 Economic Policy Uncertainty Index for South Korea tracks the frequency of news articles that discuss economic policy uncertainty. It is used to gauge the level of uncertainty faced by businesses and consumers, which can impact investment, hiring, and spending decisions.

Methodology

The index is calculated by counting the number of newspaper articles that contain certain keywords related to economic policy uncertainty.

Historical Context

This index is closely monitored by central banks, governments, and financial market participants to inform policy decisions and investment strategies.

Key Facts

  • The index has a base value of 100 for the period from January 1997 to December 2015.
  • High levels of the index indicate increased uncertainty, which can lead to reduced investment and slower economic growth.
  • The index has been published monthly since January 1997.

FAQs

Q: What does this economic trend measure?

A: The Economic Policy Uncertainty Index for South Korea measures the degree of uncertainty surrounding economic policy decisions in the country.

Q: Why is this trend relevant for users or analysts?

A: This index is a valuable indicator for economists and policymakers to assess the business climate and economic outlook, as increased uncertainty can impact investment, hiring, and spending decisions.

Q: How is this data collected or calculated?

A: The index is calculated by counting the number of newspaper articles that contain certain keywords related to economic policy uncertainty.

Q: How is this trend used in economic policy?

A: This index is closely monitored by central banks, governments, and financial market participants to inform policy decisions and investment strategies.

Q: Are there update delays or limitations?

A: The index has been published monthly since January 1997, with no known update delays or limitations.

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Related Trends

Citation

U.S. Federal Reserve, Economic Policy Uncertainty Index for South Korea (KOREAEPUINDXM), retrieved from FRED.
Economic Data: Economic Policy Uncertainty Index for Sout...