Sub-Saharan Africa excluding South Africa | 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 excluding South Africa
Records
53
Source
Sub-Saharan Africa excluding South Africa | Import product diversification index
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0.34227228 1995
0.3513268 1996
0.35653809 1997
0.35192618 1998
0.35358836 1999
0.36996689 2000
0.37252634 2001
0.37374344 2002
0.36910289 2003
0.38653525 2004
0.37523181 2005
0.36623684 2006
0.35844975 2007
0.36529967 2008
0.35468436 2009
0.36513517 2010
0.3769691 2011
2012
Sub-Saharan Africa excluding South Africa | 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 excluding South Africa
Records
53
Source