Monthly EPU Indices for 22 Countries

Download All Country Monthly Data

Note: This data file is constructed primarily for the convenience of use by researchers. It is updated only once per month and thus may deviate slightly from the country-level indexes found on the other pages on this site. For the most up-to-date numbers for any given country, please download the country-level file on the applicable page.

The Excel file at the link above contains monthly indices of Economic Policy Uncertainty for 22 countries plus two GDP-weighted indices of Global Economic Policy Uncertainty. The data series cover the period from January 1997 to the present for all countries, and they go back to earlier years for certain countries. Yellow-highlighted entries are imputed following the method described in Davis (2016).

For detailed information about each national and global EPU index, navigate to the appropriate page using the buttons to the left.

If you use the EPU indices in this data file, please cite the appropriate sources, as follows:

  • Australia, Brazil, Canada, France, Germany, India, Italy, Mexico, South Korea, Russia, United Kingdom, United States: Baker, Bloom and Davis (2016).
  • Chile: Cerda, Silva and Valente (2016).
  • China: Baker, Bloom, Davis and Wang (2013).
  • Colombia: Gil and Silva (2018)
  • Global: Davis (2016).
  • Greece: Hardouvelis, Karalas, Karanastasis and Samartzis (2018).
  • Ireland: Zalla (2016).
  • Japan: Arbatli, Davis, Ito and Miake (2019).
  • The Netherlands: Kroese, Kok and Parlevliet (2015)
  • Singapore: Davis (2016).
  • Spain: Ghirelli, Perez, and Urtasun (2019).
  • Sweden: Armelius, Hull, and Köhler (2017).


  • Arbatli, E., S.J. Davis, A. Ito, and N. Miake, 2019. "Policy Uncertainty in Japan," NBER Working Paper 23411. Revised, August 2019. Forthcoming in The Economic Challenges of Japan's Aging and Shrinking Population, International Monetary Fund, edited by Paul Cashin and Todd Schneider.
  • Armelius, H., I. Hull, and H.S. Köhler, 2017. "The Timing of Uncertainty Shocks in a Small Open Economy," Economics Letters, 155 (June), 31-34.
  • Baker, S.R., N. Bloom, S.J. Davis and Xiaoxi Wang, 2013. "Economic Policy Uncertainty in China," unpublished paper, University of Chicago.
  • Baker, S. R., N. Bloom, and S. J. Davis, 2016. "Measuring Economic Policy Uncertainty," Quarterly Journal of Economics, 131, no. 4 (November), 1593-1636.
  • Cerda, R., A. Silva and J. T. Valente, 2016. "Economic Policy Uncertainty Indices for Chile," working paper.
  • Davis, S. J., 2016. "An Index of Global Economic Policy Uncertainty." Macroeconomic Review, October. Also available as NBER Working Paper No. 22740.
  • Davis, S. J., Dingquian Liu and Xuguang Simon Sheng, 2019. "Economic Policy Uncertainty in China Since 1946: The View from Mainland Newspapers," working paper, August.
  • Ghirelli, C., J.J. Perez, and A. Urtasun, 2019. "A New Economic Policy Uncertainty Index for Spain," Bank of Spain, WorkingPaper No., 1906.
  • Gil, M. and D. Silva, 2018. "Economic Policy Uncertainty Indices for Colombia," working paper.
  • Hardouvelis, G. A., G. I. Karalas, D. I. Karanastasis and P. K. Samartzis, 2018. "Economic Policy Uncertainty, Political Uncertainty and the Greek Economic Crisis," working paper, May.
  • Kroese, L., S. Kok and J. Parlevliet, 2015. "Beleidsonzekerheid in Nederland," Economisch Statistische Berichten, No. 4715, pp. 464-467.
  • Zalla, R., 2016. "Economic Policy Uncertainty in Ireland," working paper, 20 September.