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
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 0.150646
1996 0.1187952
1997 0.10937548
1998 0.13037208
1999 0.11433364
2000 0.1158864
2001 0.1197113
2002 0.11347513
2003 0.13339146
2004 0.11789272
2005 0.13441429
2006 0.13917805
2007 0.13885369
2008 0.15025732
2009 0.12458868
2010 0.1269132
2011 0.13998588
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