World Uncertainty Index for Burkina Faso
WUIBFA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.26
Year-over-Year Change
-11.12%
Date Range
7/1/1962 - 4/1/2025
Summary
The World Uncertainty Index for Burkina Faso measures economic policy uncertainty in the West African country. This metric is important for economists and policymakers to assess risks and volatility in the Burkinabe 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 tracks economic policy uncertainty by analyzing the frequency of the term 'uncertainty' in Economist Intelligence Unit country reports. This provides a standardized measure of uncertainty that can be compared across countries and over time.
Methodology
The data is calculated by the World Bank based on Economist Intelligence Unit country reports.
Historical Context
The World Uncertainty Index is used by analysts, investors, and policymakers to understand economic conditions and make informed decisions.
Key Facts
- The World Uncertainty Index for Burkina Faso reached an all-time high in 2022 amid political instability.
- Burkina Faso has faced rising uncertainty due to a severe security crisis and military coups.
- Economic policy uncertainty can impact investment, consumption, and policymaking in Burkina Faso.
FAQs
Q: What does the World Uncertainty Index for Burkina Faso measure?
A: The World Uncertainty Index measures economic policy uncertainty in Burkina Faso by analyzing the frequency of the term 'uncertainty' in Economist Intelligence Unit country reports.
Q: Why is the World Uncertainty Index for Burkina Faso relevant?
A: The index provides a standardized measure of uncertainty that is useful for economists, policymakers, and analysts to assess risks and volatility in the Burkinabe economy.
Q: How is the World Uncertainty Index for Burkina Faso data collected?
A: The data is calculated by the World Bank based on Economist Intelligence Unit country reports.
Q: How is the World Uncertainty Index for Burkina Faso used in economic policy?
A: The index is used by analysts, investors, and policymakers to understand economic conditions and make informed decisions in Burkina Faso.
Q: Are there any limitations or delays in the World Uncertainty Index for Burkina Faso data?
A: The data may have a delay as it is based on Economist Intelligence Unit reports, and the index could be impacted by changes in reporting methodology over time.
Related Trends
Citation
U.S. Federal Reserve, World Uncertainty Index for Burkina Faso (WUIBFA), retrieved from FRED.