Liberia vs Sierra Leone: Import product concentration index

Liberia
0.8559
in 2011
Sierra Leone
0.3664
in 2011
Liberia rank
1st
Sierra Leone rank
2nd

Import product concentration index over time

  • Liberia
  • Sierra Leone
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How they compare

Liberia currently reports 0.8559 against 0.3664 in Sierra Leone, a difference of 0.4895.

That makes Liberia's figure about 2.3 times Sierra Leone's.

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

Liberia ranks 1st and Sierra Leone ranks 2nd of 53 countries.

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

Head to head by decade

Decade Liberia Sierra Leone Difference Ahead
1990s 0.8792 0.1129 0.7663 Liberia
2000s 0.7716 0.3253 0.4463 Liberia
2010s 0.7945 0.3644 0.4301 Liberia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher import product concentration index, Liberia or Sierra Leone?
Liberia, at 0.8559 against 0.3664 in Sierra Leone as of 2011.
What is the difference in import product concentration index between Liberia and Sierra Leone?
0.4895, with Liberia ahead.
How many years of comparable data are there for Liberia and Sierra Leone?
17 years are reported by both, from 1995 to 2011.
How do Liberia and Sierra Leone rank globally for import product concentration index?
Liberia ranks 1st and Sierra Leone ranks 2nd 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

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.