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
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
0.59553504 1995
0.66572106 1996
0.68560622 1997
0.56812927 1998
0.54925205 1999
0.35852898 2000
0.26992274 2001
0.27372466 2002
0.2216426 2003
0.24763594 2004
0.34013969 2005
0.39122266 2006
0.27705971 2007
0.42868722 2008
0.34665285 2009
0.25771129 2010
0.27145074 2011
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