Smoothed World Uncertainty Index for Mongolia
WUIMAMNG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.18
Year-over-Year Change
81.65%
Date Range
7/1/1993 - 4/1/2025
Summary
The Smoothed World Uncertainty Index for Mongolia measures economic policy uncertainty in the country. This metric is widely used by economists and policymakers to assess market volatility and inform policy decisions.
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 tracks policy-related economic uncertainty in Mongolia by analyzing the frequency of the term 'uncertainty' in local media and reports. Higher index values indicate increased policy uncertainty that can impact investment, consumer confidence, and economic growth.
Methodology
The data is calculated by the World Bank using a proprietary algorithm that scans Mongolian news sources.
Historical Context
Policymakers and market analysts closely monitor the Mongolian uncertainty index to anticipate changes in the business environment.
Key Facts
- The index is updated monthly.
- Mongolia's index reached an all-time high in 2020 amid the COVID-19 pandemic.
- Index values above 100 indicate elevated uncertainty.
FAQs
Q: What does this economic trend measure?
A: The Smoothed World Uncertainty Index for Mongolia tracks economic policy uncertainty in the country by analyzing the frequency of the term 'uncertainty' in local media.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to assess market volatility and inform policy decisions, as increased uncertainty can impact investment, consumer confidence, and economic growth.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using a proprietary algorithm that scans Mongolian news sources.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor the Mongolian uncertainty index to anticipate changes in the business environment and inform their decisions.
Q: Are there update delays or limitations?
A: The index is updated monthly, providing timely information on the state of economic policy uncertainty in Mongolia.
Related Trends
Citation
U.S. Federal Reserve, Smoothed World Uncertainty Index for Mongolia (WUIMAMNG), retrieved from FRED.