Macroeconomic Uncertainty Measures
Welcome to our database of macroeconomic uncertainty measures — designed to support research, cross-country comparisons, and macroeconomic policy evaluation. These indicators are available at a quarterly frequency and, for some countries, extend back to the early 1960s.
🌍 Countries Covered
We currently provide quarterly macroeconomic uncertainty data for 39 countries, including:
Australia, Austria, Belgium, Brazil, Canada, Chile, Czech Republic, Denmark, Estonia, Finland, France, Germany, Great Britain (UK), Hungary, Greece, Iceland, India, Indonesia, Ireland, Israel, Italy, Japan, South Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Russia, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, Turkey, and the United States.
📥 Download the Data
Click below to download the most recent and previous releases of our cross-country macroeconomic uncertainty indicators.
Current release (updated to 2024Q4):
Previous releases:
- macroeconomic_uncertainty_2023Q4_Feb2024.xlsx
- macroeconomic_uncertainty_2022Q4_Feb2023.xlsx
- macroeconomic_uncertainty_2020Q2_Aug2020.xlsx
📅 Latest Data Available
- Quarterly data on macroeconomic uncertainty
- Latest release: April 2025 (data up to Q4 2024)
- Next scheduled update: April 2026
- Longest series start in the early 1960s
- Historical vintages also available
📚 Methodology
These macroeconomic uncertainty indicators are based on the methodology developed in the paper:
“Measuring Macroeconomic Uncertainty: A Cross-Country Analysis”
European Economic Review, 2023, Vol. 153, Article 104383
Authors: Andreas Dibiasi and Samad Sarferaz
We also provide a short video explaining the key concepts and findings from the study:
🔍 About This Dataset
This dataset provides consistent, quarterly macroeconomic uncertainty indicators across many countries, enabling comparative research to study international risk and macroeconomic shocks.
Whether you’re searching for an uncertainty index for the United States, macroeconomic volatility in Europe, or international uncertainty indicators covering emerging markets, this resource offers long time series and high-frequency data for empirical and policy-oriented work.
Andreas Dibiasi 