Statizoid

Democratic Republic of Congo vs Libya: Import product concentration index

Democratic Republic of Congo
0.0609
in 2011
Libya
0.0657
in 2011
Democratic Republic of Congo rank
53rd
Libya rank
51st

Import product concentration index over time

  • Democratic Republic of Congo
  • Libya
00.0250.050.0750.10.125199520032011

How they compare

Libya currently reports 0.0657 against 0.0609 in Democratic Republic of Congo, a difference of 0.0048.

That makes Libya's figure about 1.1 times Democratic Republic of Congo's.

The two have swapped places 3 times across 17 shared years of data; in 1995 it was Democratic Republic of Congo ahead.

Democratic Republic of Congo ranks 53rd and Libya ranks 51st of 53 countries.

Individual pages

About this data

Indicator
Import product concentration 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

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.