Cape Verde vs Senegal: Export product diversification index
Export product diversification index over time
- Cape Verde
- Senegal
How they compare
Senegal currently reports 0.7278 against 0.7171 in Cape Verde, a difference of 0.0107.
The two have swapped places 2 times across 17 shared years of data; in 1995 it was Senegal ahead.
Cape Verde ranks 42nd and Senegal ranks 40th of 53 countries.
Senegal has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cape Verde | Senegal | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.6776 | 0.788 | 0.1104 | Senegal |
| 2000s | 0.6771 | 0.726 | 0.0488 | Senegal |
| 2010s | 0.7114 | 0.74 | 0.0286 | Senegal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher export product diversification index, Cape Verde or Senegal?
- Senegal, at 0.7278 against 0.7171 in Cape Verde as of 2011.
- What is the difference in export product diversification index between Cape Verde and Senegal?
- 0.0107, with Senegal ahead.
- How many years of comparable data are there for Cape Verde and Senegal?
- 17 years are reported by both, from 1995 to 2011.
- How do Cape Verde and Senegal rank globally for export product diversification index?
- Cape Verde ranks 42nd and Senegal ranks 40th 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).