Central African Republic | 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
Central African Republic
Records
53
Source
Central African Republic | 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 0.74179089
1996 0.75626254
1997 0.80243843
1998 0.80378202
1999 0.82583773
2000 0.83571486
2001 0.83260794
2002 0.81779152
2003 0.82941706
2004 0.83491424
2005 0.79793482
2006 0.73658145
2007 0.79976581
2008 0.75129552
2009 0.76036687
2010 0.75869252
2011 0.75774656
2012

Central African Republic | 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
Central African Republic
Records
53
Source