Congo, Dem. Rep. | Import product diversification index
The diversification index signals whether the structure of imports by product of a given country or group of countries differ from the structure of product of the world. 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). This index is a modified Finger-Kreinin measure of similarity in trade. For more information, please consult the article of Finger, J. M. and M. E. Kreinin (1979), “A measure of ‘export similarity’ and its possible uses” in the Economic Journal , 89: 905-12.
Publisher
The World Bank
Origin
Democratic Republic of the Congo
Records
53
Source
Congo, Dem. Rep. | Import product diversification index
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1995 0.47567393
1996 0.48182644
1997 0.48665472
1998 0.51127158
1999 0.52520401
2000 0.50867388
2001 0.5187602
2002 0.50482365
2003 0.46550554
2004 0.50645414
2005 0.48415146
2006 0.51110083
2007 0.49650669
2008 0.50732532
2009 0.48484934
2010 0.49941906
2011 0.45500776
2012
Congo, Dem. Rep. | Import product diversification index
The diversification index signals whether the structure of imports by product of a given country or group of countries differ from the structure of product of the world. 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). This index is a modified Finger-Kreinin measure of similarity in trade. For more information, please consult the article of Finger, J. M. and M. E. Kreinin (1979), “A measure of ‘export similarity’ and its possible uses” in the Economic Journal , 89: 905-12.
Publisher
The World Bank
Origin
Democratic Republic of the Congo
Records
53
Source