World Pandemic Uncertainty Index for Uganda
WUPIUGA • Economic Data from Federal Reserve Economic Data (FRED)
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 Uganda measures uncertainty related to the economic impact of the COVID-19 pandemic in Uganda. This indicator provides insights into how the pandemic is affecting business and consumer confidence 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 (WPUI) tracks uncertainty related to the economic effects of the COVID-19 pandemic across a range of countries. The Uganda-specific index (WUPIUGA) is based on media coverage of the pandemic and its economic consequences within the country.
Methodology
The index is calculated based on an analysis of news articles and reports discussing the pandemic's economic impact in Uganda.
Historical Context
The WUPIUGA index helps policymakers and analysts understand the level of economic uncertainty caused by the pandemic and its potential effects on the Ugandan economy.
Key Facts
- The WUPIUGA index reached a record high in April 2020 at the start of the pandemic.
- Uncertainty levels in Uganda have remained elevated compared to pre-pandemic norms.
- High uncertainty can lead to reduced investment and consumption in the Ugandan economy.
FAQs
Q: What does this economic trend measure?
A: The World Pandemic Uncertainty Index for Uganda (WUPIUGA) measures uncertainty related to the economic impact of the COVID-19 pandemic in Uganda.
Q: Why is this trend relevant for users or analysts?
A: The WUPIUGA index provides insights into how the pandemic is affecting business and consumer confidence in Uganda, which is crucial information for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The index is calculated based on an analysis of news articles and reports discussing the pandemic's economic impact in Uganda.
Q: How is this trend used in economic policy?
A: The WUPIUGA index helps policymakers and analysts understand the level of economic uncertainty caused by the pandemic and its potential effects on the Ugandan economy.
Q: Are there update delays or limitations?
A: The data for the WUPIUGA index may be subject to publication delays, and the index may not capture all sources of uncertainty related to the pandemic's economic impact in Uganda.
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Citation
U.S. Federal Reserve, World Pandemic Uncertainty Index for Uganda (WUPIUGA), retrieved from FRED.