Azerbaijan vs Venezuela: Export Diversification, Theil index

Azerbaijan
6.01
in 2014
Venezuela
5.95
in 2014
Azerbaijan rank
5th
Venezuela rank
7th

Export Diversification, Theil index over time

  • Azerbaijan
  • Venezuela
0246196219882014

How they compare

Azerbaijan currently reports 6.01 against 5.95 in Venezuela, a difference of 0.06.

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

Azerbaijan ranks 5th and Venezuela ranks 7th of 189 countries.

Across the 6 decades both report, Azerbaijan averaged higher in 2 and Venezuela in 4.

Head to head by decade

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

Averages of every year both report within each decade.

Frequently asked questions

Which has higher export diversification, theil index, Azerbaijan or Venezuela?
Azerbaijan, at 6.01 against 5.95 in Venezuela as of 2014.
What is the difference in export diversification, theil index between Azerbaijan and Venezuela?
0.06, with Azerbaijan ahead.
How many years of comparable data are there for Azerbaijan and Venezuela?
53 years are reported by both, from 1962 to 2014.
How do Azerbaijan and Venezuela rank globally for export diversification, theil index?
Azerbaijan ranks 5th and Venezuela 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 vs Venezuela: Export Diversification, Theil index. Statizoid, drawing on International Monetary Fund. Retrieved 03 October 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.