Gambia, The | Export product concentration index

This indicator reflects the Herfindahl-Hirschmann index measure of the degree of export concentration within a country. The sectoral Hirschmann index is defined as the square root of the sum of the squared shares of exports of each industry in total exports for the region under study. Takes a value between 0 and 1, with 1 indicating that only a single product is exported. Higher values indicate that exports are concentrated in fewer sectors. On the contrary, values closer to 0 reflect a more equal distribution of market shares among exporters. Note that this type of concentration indicator tends to be quite vulnerable to cyclical fluctuations in relative-prices, in a way that commodity price rises make commodity exporters look more concentrated.
Publisher
The World Bank
Origin
Republic of the Gambia
Records
53
Source
Gambia, The | Export product concentration index
year value
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 0.59553504
1996 0.66572106
1997 0.68560622
1998 0.56812927
1999 0.54925205
2000 0.35852898
2001 0.26992274
2002 0.27372466
2003 0.2216426
2004 0.24763594
2005 0.34013969
2006 0.39122266
2007 0.27705971
2008 0.42868722
2009 0.34665285
2010 0.25771129
2011 0.27145074
2012

Gambia, The | Export product concentration index

This indicator reflects the Herfindahl-Hirschmann index measure of the degree of export concentration within a country. The sectoral Hirschmann index is defined as the square root of the sum of the squared shares of exports of each industry in total exports for the region under study. Takes a value between 0 and 1, with 1 indicating that only a single product is exported. Higher values indicate that exports are concentrated in fewer sectors. On the contrary, values closer to 0 reflect a more equal distribution of market shares among exporters. Note that this type of concentration indicator tends to be quite vulnerable to cyclical fluctuations in relative-prices, in a way that commodity price rises make commodity exporters look more concentrated.
Publisher
The World Bank
Origin
Republic of the Gambia
Records
53
Source