Burkina Faso vs Guinea-Bissau: Import product concentration index
Import product concentration index over time
- Burkina Faso
- Guinea-Bissau
How they compare
Guinea-Bissau currently reports 0.1586 against 0.152 in Burkina Faso, a difference of 0.0066.
The two have swapped places 4 times across 17 shared years of data; in 1995 it was Guinea-Bissau ahead.
Burkina Faso ranks 21st and Guinea-Bissau ranks 18th of 53 countries.
Guinea-Bissau has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Burkina Faso | Guinea-Bissau | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.1138 | 0.1155 | 0.0018 | Guinea-Bissau |
| 2000s | 0.1352 | 0.1598 | 0.0247 | Guinea-Bissau |
| 2010s | 0.1433 | 0.1493 | 0.006 | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher import product concentration index, Burkina Faso or Guinea-Bissau?
- Guinea-Bissau, at 0.1586 against 0.152 in Burkina Faso as of 2011.
- What is the difference in import product concentration index between Burkina Faso and Guinea-Bissau?
- 0.0066, with Guinea-Bissau ahead.
- How many years of comparable data are there for Burkina Faso and Guinea-Bissau?
- 17 years are reported by both, from 1995 to 2011.
- How do Burkina Faso and Guinea-Bissau rank globally for import product concentration index?
- Burkina Faso ranks 21st and Guinea-Bissau ranks 18th 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 Import product concentration index. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator reflects the Herfindahl-Hirschmann index measure of the degree of import concentration within a country. The sectoral Hirschmann index is defined as the square root of the sum of the squared shares of exports of each industry in total exports for the region under study. Takes a value between 0 and 1, with 1 indicating that only a single product is exported. Higher values indicate that imports are concentrated in fewer sectors. On the contrary, values closer to 0 reflect a more equal distribution of market shares among importers. Note that this type of concentration indicator tends to be quite vulnerable to cyclical fluctuations in relative-prices, in a way that commodity price rises make commodity importers look more concentrated.