Gambia, The | 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
Republic of the Gambia
Records
53
Source
Gambia, The | Export product diversification index
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1976
1977
1978
1979
1980
1981
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1989
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1991
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1994
1995 0.79020184
1996 0.79620414
1997 0.79026548
1998 0.81457059
1999 0.79405104
2000 0.75303844
2001 0.71026696
2002 0.70748803
2003 0.65381144
2004 0.66703763
2005 0.69172302
2006 0.72577906
2007 0.70932509
2008 0.69794654
2009 0.71338162
2010 0.74965936
2011 0.75125161
2012
Gambia, The | 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
Republic of the Gambia
Records
53
Source