Liberia | 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 Liberia
Records
53
Source
Liberia | 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 0.89816014
1996 0.89480664
1997 0.87268655
1998 0.90688653
1999 0.82337946
2000 0.85588546
2001 0.83644282
2002 0.84040199
2003 0.80766156
2004 0.75329797
2005 0.74702015
2006 0.75751652
2007 0.72036909
2008 0.65079814
2009 0.74692961
2010 0.73320681
2011 0.85587539
2012

Liberia | 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 Liberia
Records
53
Source