Eritrea vs Guinea-Bissau: Export product concentration index
Export product concentration index over time
- Eritrea
- Guinea-Bissau
How they compare
Eritrea currently reports 0.9468 against 0.8939 in Guinea-Bissau, a difference of 0.0529.
That makes Eritrea's figure about 1.1 times Guinea-Bissau's.
The two have swapped places 3 times across 17 shared years of data; in 1995 it was Guinea-Bissau ahead.
Eritrea ranks 2nd and Guinea-Bissau ranks 4th of 53 countries.
Guinea-Bissau has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Eritrea | Guinea-Bissau | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.4281 | 0.4976 | 0.0695 | Guinea-Bissau |
| 2000s | 0.2385 | 0.7925 | 0.554 | Guinea-Bissau |
| 2010s | 0.5428 | 0.8939 | 0.3511 | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher export product concentration index, Eritrea or Guinea-Bissau?
- Eritrea, at 0.9468 against 0.8939 in Guinea-Bissau as of 2011.
- What is the difference in export product concentration index between Eritrea and Guinea-Bissau?
- 0.0529, with Eritrea ahead.
- How many years of comparable data are there for Eritrea and Guinea-Bissau?
- 17 years are reported by both, from 1995 to 2011.
- How do Eritrea and Guinea-Bissau rank globally for export product concentration index?
- Eritrea ranks 2nd and Guinea-Bissau ranks 4th 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.