World Pandemic Uncertainty Index for FYR Macedonia
WUPIMKD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.30
Year-over-Year Change
370.92%
Date Range
1/1/1996 - 4/1/2025
Summary
The World Pandemic Uncertainty Index for FYR Macedonia measures economic policy uncertainty related to the COVID-19 pandemic in North Macedonia. It provides insights into how the pandemic has affected policymaking and uncertainty in the country.
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 Pandemic Uncertainty Index for FYR Macedonia is a monthly index that tracks uncertainty about economic policy in North Macedonia due to the COVID-19 pandemic. It is calculated based on newspaper articles discussing economic policy uncertainty related to the public health crisis.
Methodology
The index is constructed using automated text analysis of Macedonian newspaper articles.
Historical Context
This index is used by economists and policymakers to understand the pandemic's impact on uncertainty and economic decision-making in North Macedonia.
Key Facts
- The index has a base value of 100 for January 2020.
- The index reached a peak of 160 in April 2020 during the initial COVID-19 outbreak.
- Values above 100 indicate higher than normal economic policy uncertainty.
FAQs
Q: What does this economic trend measure?
A: The World Pandemic Uncertainty Index for FYR Macedonia measures economic policy uncertainty related to the COVID-19 pandemic in North Macedonia.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into how the pandemic has affected policymaking and uncertainty in North Macedonia, which is useful for economists and policymakers analyzing the economic impacts of COVID-19.
Q: How is this data collected or calculated?
A: The index is constructed using automated text analysis of Macedonian newspaper articles.
Q: How is this trend used in economic policy?
A: This index is used by economists and policymakers to understand the pandemic's impact on uncertainty and economic decision-making in North Macedonia.
Q: Are there update delays or limitations?
A: The index is published monthly, so there may be a short delay in the most recent data.
Related Trends
Citation
U.S. Federal Reserve, World Pandemic Uncertainty Index for FYR Macedonia (WUPIMKD), retrieved from FRED.