Libya vs Rwanda: Import product concentration index
Import product concentration index over time
- Libya
- Rwanda
How they compare
Rwanda currently reports 0.0803 against 0.0657 in Libya, a difference of 0.0146.
That makes Rwanda's figure about 1.2 times Libya's.
The two have swapped places 4 times across 17 shared years of data; in 1995 it was Rwanda ahead.
Libya ranks 51st and Rwanda ranks 48th of 53 countries.
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.