Libya vs Venezuela: Export Diversification, Theil index

Libya
5.8
in 2014
Venezuela
5.95
in 2014
Libya rank
9th
Venezuela rank
7th

Export Diversification, Theil index over time

  • Libya
  • Venezuela
0246196219882014

How they compare

Venezuela currently reports 5.95 against 5.8 in Libya, a difference of 0.15.

The two have swapped places 1 time across 53 shared years of data; in 1962 it was Libya ahead.

Libya ranks 9th and Venezuela ranks 7th of 189 countries.

Libya has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Libya Venezuela Difference Ahead
1960s 6.28 5.1 1.19 Libya
1970s 6.26 5.08 1.18 Libya
1980s 5.93 4.64 1.29 Libya
1990s 5.6 4.01 1.59 Libya
2000s 6.04 4.96 1.09 Libya
2010s 6 5.73 0.2739 Libya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher export diversification, theil index, Libya or Venezuela?
Venezuela, at 5.95 against 5.8 in Libya as of 2014.
What is the difference in export diversification, theil index between Libya and Venezuela?
0.15, with Venezuela ahead.
How many years of comparable data are there for Libya and Venezuela?
53 years are reported by both, from 1962 to 2014.
How do Libya and Venezuela rank globally for export diversification, theil index?
Libya ranks 9th 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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Libya 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/libya/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.