Algeria vs Cape Verde: Export product diversification index
Export product diversification index over time
- Algeria
- Cape Verde
How they compare
Algeria currently reports 0.7243 against 0.7171 in Cape Verde, a difference of 0.0072.
Across all 17 years both countries report, Algeria has been ahead every year.
Algeria ranks 41st and Cape Verde ranks 42nd of 53 countries.
Algeria has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Algeria | Cape Verde | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.8268 | 0.6776 | 0.1492 | Algeria |
| 2000s | 0.8101 | 0.6771 | 0.133 | Algeria |
| 2010s | 0.7538 | 0.7114 | 0.0424 | Algeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher export product diversification index, Algeria or Cape Verde?
- Algeria, at 0.7243 against 0.7171 in Cape Verde as of 2011.
- What is the difference in export product diversification index between Algeria and Cape Verde?
- 0.0072, with Algeria ahead.
- How many years of comparable data are there for Algeria and Cape Verde?
- 17 years are reported by both, from 1995 to 2011.
- How do Algeria and Cape Verde rank globally for export product diversification index?
- Algeria ranks 41st and Cape Verde ranks 42nd 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 diversification index. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The diversification index signals whether the structure of exports by product of a given country or group of countries differ from the structure of product of the world. Diversification index is computed by measuring absolute deviation of the country share from world structure. Diversification index that ranges from 0 to 1 reveals the extent of the differences between the structure of trade of the country or country group and the world average. The index value closer to 1 indicates a bigger difference from the world average. It is constructed as the inverse of a Herfindahl index, using disaggregated exports at 4 digits (following the STIC3).