Burkina Faso | Export product diversification index

The diversification index signals whether the structure of exports by product of a given country or group of countries differ from the structure of product of the world. Diversification index is computed by measuring absolute deviation of the country share from world structure. Diversification index that ranges from 0 to 1 reveals the extent of the differences between the structure of trade of the country or country group and the world average. The index value closer to 1 indicates a bigger difference from the world average. It is constructed as the inverse of a Herfindahl index, using disaggregated exports at 4 digits (following the STIC3).
Publisher
The World Bank
Origin
Burkina Faso
Records
53
Source
Burkina Faso | Export product diversification index
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995 0.80858331
1996 0.78142891
1997 0.78369738
1998 0.81383674
1999 0.8048397
2000 0.74305058
2001 0.75452874
2002 0.76560289
2003 0.82838304
2004 0.83416863
2005 0.81236848
2006 0.78457074
2007 0.80963775
2008 0.79285863
2009 0.80806652
2010 0.82344514
2011 0.8081387
2012

Burkina Faso | Export product diversification index

The diversification index signals whether the structure of exports by product of a given country or group of countries differ from the structure of product of the world. Diversification index is computed by measuring absolute deviation of the country share from world structure. Diversification index that ranges from 0 to 1 reveals the extent of the differences between the structure of trade of the country or country group and the world average. The index value closer to 1 indicates a bigger difference from the world average. It is constructed as the inverse of a Herfindahl index, using disaggregated exports at 4 digits (following the STIC3).
Publisher
The World Bank
Origin
Burkina Faso
Records
53
Source