Sub-Saharan Africa (all income levels) | 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
Sub-Saharan Africa
Records
53
Source
Sub-Saharan Africa (all income levels) | Import product diversification index
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1978
1979
1980
1981
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1989
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1991
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1995 0.26876053
1996 0.27359402
1997 0.3097836
1998 0.3035112
1999 0.28367778
2000 0.28830003
2001 0.2992361
2002 0.29471647
2003 0.29903682
2004 0.29896729
2005 0.2942511
2006 0.28856641
2007 0.28231202
2008 0.27483422
2009 0.28416867
2010 0.29582996
2011 0.31135536
2012

Sub-Saharan Africa (all income levels) | 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
Sub-Saharan Africa
Records
53
Source