Liberia vs Senegal: Export product diversification index
Export product diversification index over time
- Liberia
- Senegal
How they compare
Liberia currently reports 0.7322 against 0.7278 in Senegal, a difference of 0.0044.
The two have swapped places 3 times across 17 shared years of data; in 1995 it was Senegal ahead.
Liberia ranks 37th and Senegal ranks 40th of 53 countries.
Across the 3 decades both report, Liberia averaged higher in 2 and Senegal in 1.
Head to head by decade
| Decade | Liberia | Senegal | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.8055 | 0.788 | 0.0175 | Liberia |
| 2000s | 0.814 | 0.726 | 0.088 | Liberia |
| 2010s | 0.7171 | 0.74 | 0.0229 | Senegal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher export product diversification index, Liberia or Senegal?
- Liberia, at 0.7322 against 0.7278 in Senegal as of 2011.
- What is the difference in export product diversification index between Liberia and Senegal?
- 0.0044, with Liberia ahead.
- How many years of comparable data are there for Liberia and Senegal?
- 17 years are reported by both, from 1995 to 2011.
- How do Liberia and Senegal rank globally for export product diversification index?
- Liberia ranks 37th 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).