Cape Verde vs Uganda: Export product diversification index

Cape Verde
0.7171
in 2011
Uganda
0.7302
in 2011
Cape Verde rank
42nd
Uganda rank
39th

Export product diversification index over time

  • Cape Verde
  • Uganda
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How they compare

Uganda currently reports 0.7302 against 0.7171 in Cape Verde, a difference of 0.013.

Across all 17 years both countries report, Uganda has been ahead every year.

Cape Verde ranks 42nd and Uganda ranks 39th of 53 countries.

Individual pages

About this data

Indicator
Export product diversification index
Source
UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
55 places, 935 data points, 1995–2011
Last refreshed

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).