Smoothed World Uncertainty Index for Burkina Faso
This dataset tracks smoothed world uncertainty index for burkina faso over time.
Latest Value
0.07
Year-over-Year Change
9.65%
Date Range
1/1/1963 - 4/1/2025
Summary
The Smoothed World Uncertainty Index for Burkina Faso measures economic policy uncertainty in the country. This index is an important indicator for economists and policymakers assessing Burkina Faso's economic climate and stability.
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 Smoothed World Uncertainty Index for Burkina Faso (WUIMABFA) is a quarterly economic policy uncertainty index that captures the degree of uncertainty surrounding economic and political events in the country. It is derived from the frequency of newspaper articles discussing economic policy uncertainty.
Methodology
This index is calculated based on an automated text-mining process of Burkina Faso's national newspapers.
Historical Context
The WUIMABFA index is used by analysts and policymakers to gauge economic stability and uncertainty in Burkina Faso.
Key Facts
- The index is based on a sample of Burkina Faso's major national newspapers.
- Higher index values indicate greater economic policy uncertainty.
- The index is published on a quarterly basis.
FAQs
Q: What does this economic trend measure?
A: The Smoothed World Uncertainty Index for Burkina Faso (WUIMABFA) measures the degree of economic policy uncertainty in the country.
Q: Why is this trend relevant for users or analysts?
A: The WUIMABFA index is an important indicator for assessing Burkina Faso's economic climate and stability, which is relevant for investors, policymakers, and economic analysts.
Q: How is this data collected or calculated?
A: The index is calculated based on an automated text-mining process of Burkina Faso's national newspapers.
Q: How is this trend used in economic policy?
A: The WUIMABFA index is used by analysts and policymakers to gauge economic stability and uncertainty in Burkina Faso, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The WUIMABFA index is published on a quarterly basis, so there may be a delay in the most recent data.
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Citation
U.S. Federal Reserve, Smoothed World Uncertainty Index for Burkina Faso (WUIMABFA), retrieved from FRED.