Smoothed World Uncertainty Index for Lao P.D.R.

This dataset tracks smoothed world uncertainty index for lao p.d.r. over time.

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.

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Citation

U.S. Federal Reserve, Smoothed World Uncertainty Index for Lao P.D.R. (WUIMALAO), retrieved from FRED.
Economic Data: Smoothed World Uncertainty Index for Lao P...