Somalia | 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
Federal Republic of Somalia
Records
53
Source
Somalia | Export product diversification index
1960
1961
1962
1963
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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 0.78767245
1996 0.75105359
1997 0.73660389
1998 0.72648977
1999 0.75719745
2000 0.7997294
2001 0.77466612
2002 0.78260116
2003 0.82077353
2004 0.79889862
2005 0.7772729
2006 0.84537629
2007 0.74874743
2008 0.79657723
2009 0.79727697
2010 0.77173653
2011 0.73377607
2012

Somalia | 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
Federal Republic of Somalia
Records
53
Source