The World Uncertainty Index tracks uncertainty across the globe by text-mining the country reports of the Economist Intelligence Unit. The index is available for 143 countries.
Over the past two decades, the global economy has faced significant uncertainty due to events like the global financial crisis, the European debt crisis, and the COVID-19 pandemic, all of which have had major impacts on the global economy.
Recent years have also seen military conflicts and security issues escalate, such as the Ukraine war, the Middle East conflicts, and North Korea’s missile development progress. This suggests ongoing instability in 2024, with the potential for new unforeseen emergencies.