Rwanda | Import product diversification index
The diversification index signals whether the structure of imports by product of a given country or group of countries differ from the structure of product of the world. 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). This index is a modified Finger-Kreinin measure of similarity in trade. For more information, please consult the article of Finger, J. M. and M. E. Kreinin (1979), “A measure of ‘export similarity’ and its possible uses” in the Economic Journal , 89: 905-12.
Publisher
The World Bank
Origin
Republic of Rwanda
Records
53
Source
Rwanda | Import product diversification index
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1971
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1974
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1976
1977
1978
1979
1980
1981
1982
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0.52841477 1995
0.51627168 1996
0.50365957 1997
0.57074173 1998
0.55674613 1999
0.51651566 2000
0.50572087 2001
0.48268121 2002
0.45674137 2003
0.47649243 2004
0.41893444 2005
0.4671059 2006
0.4738638 2007
0.46467948 2008
0.47453078 2009
0.48749993 2010
0.47290698 2011
2012
Rwanda | Import product diversification index
The diversification index signals whether the structure of imports by product of a given country or group of countries differ from the structure of product of the world. 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). This index is a modified Finger-Kreinin measure of similarity in trade. For more information, please consult the article of Finger, J. M. and M. E. Kreinin (1979), “A measure of ‘export similarity’ and its possible uses” in the Economic Journal , 89: 905-12.
Publisher
The World Bank
Origin
Republic of Rwanda
Records
53
Source