Smoothed World Uncertainty Index for New Zealand

WUIMANZL • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.07

Year-over-Year Change

-15.58%

Date Range

1/1/1956 - 4/1/2025

Summary

The Smoothed World Uncertainty Index for New Zealand measures economic policy uncertainty in the country. It is a valuable indicator for economists and policymakers assessing New Zealand's economic and financial climate.

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 (SWUI) for New Zealand tracks uncertainty related to economic and political events. It is constructed based on text analysis of the Economist Intelligence Unit country reports, providing a quantitative measure of uncertainty over time.

Methodology

The index is calculated by counting the frequency of the word 'uncertain' and its variants in the Economist Intelligence Unit country reports for New Zealand.

Historical Context

The SWUI is used by policymakers, investors, and analysts to gauge the stability and predictability of the New Zealand economy.

Key Facts

  • The index ranges from 0 to 1, with higher values indicating greater uncertainty.
  • New Zealand's SWUI peaked during the Global Financial Crisis and COVID-19 pandemic.
  • Elevated uncertainty can impact investment, consumption, and policymaking decisions.

FAQs

Q: What does this economic trend measure?

A: The Smoothed World Uncertainty Index for New Zealand measures economic policy uncertainty in the country based on text analysis of Economist Intelligence Unit reports.

Q: Why is this trend relevant for users or analysts?

A: The SWUI is a valuable indicator for assessing the stability and predictability of the New Zealand economy, which is relevant for policymakers, investors, and economic analysts.

Q: How is this data collected or calculated?

A: The index is calculated by counting the frequency of the word 'uncertain' and its variants in the Economist Intelligence Unit country reports for New Zealand.

Q: How is this trend used in economic policy?

A: The SWUI is used by policymakers, investors, and analysts to gauge the economic and financial climate in New Zealand, which can inform policy decisions and investment strategies.

Q: Are there update delays or limitations?

A: The SWUI is updated quarterly and may be subject to revisions as new data becomes available. There may also be limitations in the underlying text analysis methodology.

Related Trends

Citation

U.S. Federal Reserve, Smoothed World Uncertainty Index for New Zealand (WUIMANZL), retrieved from FRED.