Smoothed World Uncertainty Index for Lao P.D.R.
WUIMALAO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.16
Year-over-Year Change
61.74%
Date Range
7/1/1956 - 4/1/2025
Summary
The Smoothed World Uncertainty Index for Lao P.D.R. measures global economic policy uncertainty as it relates to the Lao economy. This data point is closely tracked by economists and policymakers to assess external risks and uncertainty facing the Lao PDR.
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) tracks global economic policy uncertainty across countries. The Smoothed WUI for Lao P.D.R. specifically captures uncertainty shocks that could impact the Lao economy, providing valuable insights for economic analysis and forecasting.
Methodology
The WUI is calculated based on frequency of the word 'uncertainty' in Economist Intelligence Unit country reports.
Historical Context
Central banks and international organizations use the Smoothed WUI to monitor global risks and uncertainties that could affect Lao PDR's economic performance and policy decisions.
Key Facts
- The WUI ranges from 0 to 1, with higher values indicating greater uncertainty.
- Lao PDR's Smoothed WUI spiked in 2020 due to the COVID-19 pandemic.
- Tracking the Smoothed WUI helps policymakers anticipate external shocks to the Lao economy.
FAQs
Q: What does this economic trend measure?
A: The Smoothed World Uncertainty Index for Lao P.D.R. measures global economic policy uncertainty and its potential impact on the Lao economy.
Q: Why is this trend relevant for users or analysts?
A: This data point is crucial for economists and policymakers to assess external risks and uncertainties that could affect Lao PDR's economic performance and policy decisions.
Q: How is this data collected or calculated?
A: The World Uncertainty Index is calculated based on the frequency of the word 'uncertainty' in Economist Intelligence Unit country reports.
Q: How is this trend used in economic policy?
A: Central banks and international organizations use the Smoothed WUI to monitor global risks and uncertainties that could impact Lao PDR's economic outlook and guide policy responses.
Q: Are there update delays or limitations?
A: The Smoothed WUI data may have a short delay in publication compared to real-time economic conditions.
Related Trends
Discussion About Pandemics Index for Thailand
WPDITHA
Smoothed World Uncertainty Index for Guinea-Bissau
WUIMAGNB
Discussion About Pandemics Index for Mexico
WPDIMEX
Smoothed World Uncertainty Index for Uzbekistan
WUIMAUZB
World Uncertainty Index for Tanzania
WUITZA
Discussion About Pandemics Index for Bosnia and Herzegovina
WPDIBIH
Citation
U.S. Federal Reserve, Smoothed World Uncertainty Index for Lao P.D.R. (WUIMALAO), retrieved from FRED.