Gambia, The | Import product concentration index
This indicator reflects the Herfindahl-Hirschmann index measure of the degree of import 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 imports are concentrated in fewer sectors. On the contrary, values closer to 0 reflect a more equal distribution of market shares among importers. 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 importers look more concentrated.
Publisher
The World Bank
Origin
Republic of the Gambia
Records
53
Source
Gambia, The | Import 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
0.150646 1995
0.1187952 1996
0.10937548 1997
0.13037208 1998
0.11433364 1999
0.1158864 2000
0.1197113 2001
0.11347513 2002
0.13339146 2003
0.11789272 2004
0.13441429 2005
0.13917805 2006
0.13885369 2007
0.15025732 2008
0.12458868 2009
0.1269132 2010
0.13998588 2011
2012
Gambia, The | Import product concentration index
This indicator reflects the Herfindahl-Hirschmann index measure of the degree of import 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 imports are concentrated in fewer sectors. On the contrary, values closer to 0 reflect a more equal distribution of market shares among importers. 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 importers look more concentrated.
Publisher
The World Bank
Origin
Republic of the Gambia
Records
53
Source