World Uncertainty Index for Armenia
This dataset tracks world uncertainty index for armenia over time.
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/1993 - 4/1/2025
Summary
The World Uncertainty Index for Armenia measures economic policy uncertainty in the country. This influential metric helps economists and policymakers assess the stability of the Armenian economy.
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) quantifies economic uncertainty based on text analysis of country-specific reports from the Economist Intelligence Unit. The Armenia-specific WUI provides a standardized measure of policy-related economic uncertainty that can be compared across countries and over time.
Methodology
The WUI is calculated by counting the frequency of the word 'uncertainty' in quarterly country reports.
Historical Context
Policymakers and analysts use the WUI to gauge the impact of economic and political events on business and consumer confidence.
Key Facts
- The WUI for Armenia has averaged 148 since 2000.
- Policy uncertainty spiked in Armenia during the 2008 global financial crisis.
- Elevated WUI levels correlate with weaker economic growth in Armenia.
FAQs
Q: What does the World Uncertainty Index for Armenia measure?
A: The WUI for Armenia quantifies the level of economic policy uncertainty in the country based on text analysis of Economist Intelligence Unit reports.
Q: Why is the WUI for Armenia a relevant economic indicator?
A: High levels of economic uncertainty can negatively impact business and consumer confidence, leading to weaker investment and spending. The WUI provides a standardized measure to assess the stability of the Armenian economy.
Q: How is the World Uncertainty Index for Armenia calculated?
A: The WUI is calculated by counting the frequency of the word 'uncertainty' in quarterly country reports for Armenia from the Economist Intelligence Unit.
Q: How is the WUI for Armenia used by policymakers and analysts?
A: Policymakers and economists monitor the WUI to gauge the impacts of economic and political events on business confidence and the overall stability of the Armenian economy.
Q: Are there any limitations or delays in the WUI for Armenia data?
A: The WUI data is released quarterly and may have a several-month lag compared to the current economic environment in Armenia.
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Citation
U.S. Federal Reserve, World Uncertainty Index for Armenia (WUIARM), retrieved from FRED.