World Uncertainty Index for FYR Macedonia
WUIMKD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.55
Year-over-Year Change
370.92%
Date Range
1/1/1993 - 4/1/2025
Summary
The World Uncertainty Index for FYR Macedonia measures economic and political uncertainty in the country. It provides insights into how uncertainty may impact economic decisions and policymaking.
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) is a quarterly measure of uncertainty constructed from the Economist Intelligence Unit country reports. The index for FYR Macedonia specifically reflects uncertainty around economic and political conditions in the country.
Methodology
The WUI is calculated based on the frequency of the word 'uncertainty' in Economist Intelligence Unit country reports.
Historical Context
The WUI for FYR Macedonia is used by economists, policymakers, and analysts to gauge the impact of uncertainty on the country's economic outlook.
Key Facts
- The WUI for FYR Macedonia has averaged 127 since 2001.
- Uncertainty spiked to a record high of 354 in Q1 2020 due to the COVID-19 pandemic.
- The index has been relatively volatile, reflecting political and economic instability in the country.
FAQs
Q: What does the World Uncertainty Index for FYR Macedonia measure?
A: The index measures economic and political uncertainty in FYR Macedonia based on the frequency of the word 'uncertainty' in Economist Intelligence Unit country reports.
Q: Why is the World Uncertainty Index for FYR Macedonia relevant?
A: The index provides insights into how uncertainty may impact economic decisions and policymaking in the country, which is useful for economists, policymakers, and analysts.
Q: How is the World Uncertainty Index for FYR Macedonia calculated?
A: The index is calculated based on the frequency of the word 'uncertainty' in Economist Intelligence Unit country reports for FYR Macedonia.
Q: How is the World Uncertainty Index for FYR Macedonia used in economic policy?
A: The index is used by economists, policymakers, and analysts to gauge the impact of uncertainty on the country's economic outlook and inform policy decisions.
Q: Are there any delays or limitations with the World Uncertainty Index for FYR Macedonia?
A: The index is published quarterly, so there may be a short delay in the most recent data. Additionally, the index is based on a specific methodology and may not capture all sources of uncertainty in the country.
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Citation
U.S. Federal Reserve, World Uncertainty Index for FYR Macedonia (WUIMKD), retrieved from FRED.