Liberia | 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 Liberia
Records
53
Source
Liberia | 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
1995 0.80419492
1996 0.63144789
1997 0.65700077
1998 0.68104482
1999 0.52224744
2000 0.56486541
2001 0.77848381
2002 0.54061935
2003 0.69222361
2004 0.75952352
2005 0.83839762
2006 0.68801241
2007 0.6524195
2008 0.49952806
2009 0.68628306
2010 0.40606419
2011 0.47481644
2012

Liberia | 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 Liberia
Records
53
Source