Statizoid

Guinea vs Madagascar: Export product diversification index

Guinea
0.7546
in 2011
Madagascar
0.7605
in 2011
Guinea rank
26th
Madagascar rank
24th

Export product diversification index over time

  • Guinea
  • Madagascar
00.20.40.60.8199520032011

How they compare

Madagascar currently reports 0.7605 against 0.7546 in Guinea, a difference of 0.0059.

The two have swapped places 1 time across 17 shared years of data; in 1995 it was Guinea ahead.

Guinea ranks 26th and Madagascar ranks 24th 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).