World Pandemic Uncertainty Index for Nigeria
This dataset tracks world pandemic uncertainty index for nigeria over time.
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1996 - 4/1/2025
Summary
The World Pandemic Uncertainty Index for Nigeria (WUPINGA) measures uncertainty related to the economic impact of global health crises in the Nigerian economy. This key indicator provides insights into how Nigerian businesses and consumers respond to pandemic-driven uncertainty.
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 WUPINGA index tracks mentions of 'pandemic' and related terms in Nigerian news media. Higher index values signal greater perceived uncertainty around the economic effects of global health events, which can impact investment, consumer spending, and policy decisions.
Methodology
The index is calculated based on automated text analysis of major Nigerian news sources.
Historical Context
Policymakers and analysts use the WUPINGA index to assess the economic risks posed by pandemic-related uncertainty in Nigeria.
Key Facts
- WUPINGA values range from 0 to 100, with higher numbers indicating greater perceived uncertainty.
- The index reached a record high in early 2020 during the COVID-19 pandemic.
- Nigeria's WUPINGA has historically been more volatile than other major African economies.
FAQs
Q: What does the World Pandemic Uncertainty Index for Nigeria measure?
A: The WUPINGA index tracks uncertainty in the Nigerian economy related to the potential economic impacts of global health crises and pandemics.
Q: Why is the WUPINGA trend relevant for users or analysts?
A: The WUPINGA index provides insight into how Nigerian businesses and consumers are responding to pandemic-driven uncertainty, which can affect investment, spending, and policy decisions.
Q: How is the WUPINGA data collected or calculated?
A: The index is calculated based on automated text analysis of major Nigerian news sources, tracking mentions of 'pandemic' and related terms.
Q: How is the WUPINGA trend used in economic policy?
A: Policymakers and analysts use the WUPINGA index to assess the economic risks posed by pandemic-related uncertainty in Nigeria.
Q: Are there update delays or limitations for the WUPINGA data?
A: The WUPINGA index is updated regularly, but may be subject to lags in news source data and changes in the underlying methodology.
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Citation
U.S. Federal Reserve, World Pandemic Uncertainty Index for Nigeria (WUPINGA), retrieved from FRED.