Guinea-Bissau vs Libya: Export product concentration index
Export product concentration index over time
- Guinea-Bissau
- Libya
How they compare
Guinea-Bissau currently reports 0.8939 against 0.7931 in Libya, a difference of 0.1009.
That makes Guinea-Bissau's figure about 1.1 times Libya's.
The two have swapped places 1 time across 17 shared years of data; in 1995 it was Libya ahead.
Guinea-Bissau ranks 4th and Libya ranks 6th of 53 countries.
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.