Azerbaijan, Republic of vs Venezuela, República Bolivariana de: Export Diversification, Theil index

Azerbaijan, Republic of
6.01
in 2014
Venezuela, República Bolivariana de
5.95
in 2014
Azerbaijan, Republic of rank
5th
Venezuela, República Bolivariana de rank
7th

Export Diversification, Theil index over time

  • Azerbaijan, Republic of
  • Venezuela, República Bolivariana de
0246196219882014

How they compare

Azerbaijan, Republic of currently reports 6.01 against 5.95 in Venezuela, República Bolivariana de, a difference of 0.06.

The two have swapped places 3 times across 53 shared years of data; in 1962 it was Venezuela, República Bolivariana de ahead.

Azerbaijan, Republic of ranks 5th and Venezuela, República Bolivariana de ranks 7th of 189 countries.

Across the 6 decades both report, Azerbaijan, Republic of averaged higher in 2 and Venezuela, República Bolivariana de in 4.

Head to head by decade

Decade Azerbaijan, Republic of Venezuela, República Bolivariana de Difference Ahead
1960s 0 5.1 5.1 Venezuela, República Bolivariana de
1970s 0 5.08 5.08 Venezuela, República Bolivariana de
1980s 0 4.64 4.64 Venezuela, República Bolivariana de
1990s 2.68 4.01 1.33 Venezuela, República Bolivariana de
2000s 5.27 4.96 0.3116 Azerbaijan, Republic of
2010s 5.98 5.73 0.2495 Azerbaijan, Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher export diversification, theil index, Azerbaijan, Republic of or Venezuela, República Bolivariana de?
Azerbaijan, Republic of, at 6.01 against 5.95 in Venezuela, República Bolivariana de as of 2014.
What is the difference in export diversification, theil index between Azerbaijan, Republic of and Venezuela, República Bolivariana de?
0.06, with Azerbaijan, Republic of ahead.
How many years of comparable data are there for Azerbaijan, Republic of and Venezuela, República Bolivariana de?
53 years are reported by both, from 1962 to 2014.
How do Azerbaijan, Republic of and Venezuela, República Bolivariana de rank globally for export diversification, theil index?
Azerbaijan, Republic of ranks 5th and Venezuela, República Bolivariana de ranks 7th of 189 countries.
Where does this data come from?
International Monetary Fund, published as Export Diversification, Theil index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Azerbaijan, Republic of vs Venezuela, República Bolivariana de: Export Diversification, Theil index. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://trade.statizoid.com/compare/export-diversification-theil-index/azerbaijan/venezuela-rb/

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About this data

Indicator
Export Diversification, Theil index
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
189 places, 10,017 data points, 1962–2014
Last refreshed

Covers 200 countries with data from 1962 to 2014. It has three main indicators: the Export Diversification Index, which can be disaggregated into sub-indices covering the Extensive Margin and the Intensive Margin. As these are Theil indices, higher values for all three correspond to lower export diversification.