Guinea | 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 Guinea
Records
53
Source
Guinea | Export product diversification 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
1995 0.86027424
1996 0.80499903
1997 0.81428284
1998 0.84758453
1999 0.81932426
2000 0.8422757
2001 0.86446497
2002 0.84571927
2003 0.84851086
2004 0.8474443
2005 0.84465133
2006 0.81276303
2007 0.80257854
2008 0.78963042
2009 0.8032472
2010 0.81380175
2011 0.75457927
2012
Guinea | 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 Guinea
Records
53
Source