Cape Verde vs Somalia: Export product concentration index
Export product concentration index over time
- Cape Verde
- Somalia
How they compare
Somalia currently reports 0.4969 against 0.469 in Cape Verde, a difference of 0.0279.
That makes Somalia's figure about 1.1 times Cape Verde's.
The two have swapped places 2 times across 17 shared years of data; in 1995 it was Somalia ahead.
Cape Verde ranks 23rd and Somalia ranks 20th of 53 countries.
Somalia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cape Verde | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.3685 | 0.5602 | 0.1916 | Somalia |
| 2000s | 0.3281 | 0.4543 | 0.1263 | Somalia |
| 2010s | 0.4398 | 0.5003 | 0.0605 | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher export product concentration index, Cape Verde or Somalia?
- Somalia, at 0.4969 against 0.469 in Cape Verde as of 2011.
- What is the difference in export product concentration index between Cape Verde and Somalia?
- 0.0279, with Somalia ahead.
- How many years of comparable data are there for Cape Verde and Somalia?
- 17 years are reported by both, from 1995 to 2011.
- How do Cape Verde and Somalia rank globally for export product concentration index?
- Cape Verde ranks 23rd and Somalia ranks 20th of 53 countries.
- Where does this data come from?
- UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/), published as Export product concentration index. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator reflects the Herfindahl-Hirschmann index measure of the degree of export concentration within a country. The sectoral Hirschmann index is defined as the square root of the sum of the squared shares of exports of each industry in total exports for the region under study. Takes a value between 0 and 1, with 1 indicating that only a single product is exported. Higher values indicate that exports are concentrated in fewer sectors. On the contrary, values closer to 0 reflect a more equal distribution of market shares among exporters. Note that this type of concentration indicator tends to be quite vulnerable to cyclical fluctuations in relative-prices, in a way that commodity price rises make commodity exporters look more concentrated.