Guinea vs Guinea-Bissau: Export product diversification index

Guinea
0.7546
in 2011
Guinea-Bissau
0.7527
in 2011
Guinea rank
26th
Guinea-Bissau rank
27th

Export product diversification index over time

  • Guinea
  • Guinea-Bissau
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How they compare

Guinea currently reports 0.7546 against 0.7527 in Guinea-Bissau, a difference of 0.0019.

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

Guinea ranks 26th and Guinea-Bissau ranks 27th of 53 countries.

Guinea has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Guinea Guinea-Bissau Difference Ahead
1990s 0.8293 0.6284 0.2008 Guinea
2000s 0.8301 0.7142 0.1159 Guinea
2010s 0.7842 0.7513 0.0329 Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher export product diversification index, Guinea or Guinea-Bissau?
Guinea, at 0.7546 against 0.7527 in Guinea-Bissau as of 2011.
What is the difference in export product diversification index between Guinea and Guinea-Bissau?
0.0019, with Guinea ahead.
How many years of comparable data are there for Guinea and Guinea-Bissau?
17 years are reported by both, from 1995 to 2011.
How do Guinea and Guinea-Bissau rank globally for export product diversification index?
Guinea ranks 26th and Guinea-Bissau ranks 27th 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

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).