World Pandemic Uncertainty Index for Croatia

About This Dataset

The WUPIHRV measures the degree of uncertainty stemming from the COVID-19 pandemic, focusing on factors such as public health responses, economic policies, and social behaviors. This trend is vital for policymakers, businesses, and investors as it helps gauge the potential risks and challenges posed by the pandemic on the Croatian economy.

Methodology

Data for the WUPIHRV is collected through a combination of news articles, economic reports, and public health data, which are then analyzed using natural language processing techniques to quantify uncertainty levels. The index is calculated based on the frequency and sentiment of pandemic-related discussions in the media, providing a comprehensive view of public sentiment and its economic implications.

Historical Context

The WUPIHRV is utilized by economists and analysts to interpret the economic climate in Croatia during the pandemic. A higher index value indicates greater uncertainty, which can influence consumer behavior, investment decisions, and government policy responses, making it a key tool for economic forecasting and planning.

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Last Checked: 7/31/2025