Sierra Leone | 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 Sierra Leone
Records
53
Source
Sierra Leone | Import product diversification index
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0.4511276 1995
0.41843213 1996
0.46692884 1997
0.42259553 1998
0.44920245 1999
0.49834173 2000
0.64733536 2001
0.43461238 2002
0.64724867 2003
0.64201237 2004
0.61598693 2005
0.63495146 2006
0.62883172 2007
0.62729688 2008
0.62200746 2009
0.62908201 2010
0.62959249 2011
2012
Sierra Leone | 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 Sierra Leone
Records
53
Source