Liberia | 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 Liberia
Records
53
Source
Liberia | 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
0.77045578 1995
0.80653249 1996
0.81023376 1997
0.84216807 1998
0.79831602 1999
0.8317192 2000
0.84376806 2001
0.83890258 2002
0.81411384 2003
0.81423516 2004
0.85230608 2005
0.80083729 2006
0.79543665 2007
0.73849841 2008
0.80969549 2009
0.70202624 2010
0.73219759 2011
2012
Liberia | 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 Liberia
Records
53
Source