Statizoid

Angola vs Libya: Import product diversification index

Angola
0.4605
in 2011
Libya
0.4619
in 2011
Angola rank
43rd
Libya rank
42nd

Import product diversification index over time

  • Angola
  • Libya
00.20.40.6199520032011

How they compare

Libya currently reports 0.4619 against 0.4605 in Angola, a difference of 0.0015.

The two have swapped places 1 time across 17 shared years of data; in 1995 it was Angola ahead.

Angola ranks 43rd and Libya ranks 42nd of 53 countries.

Individual pages

About this data

Indicator
Import product diversification 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

The diversification index signals whether the structure of imports by product of a given country or group of countries differ from the structure of product of the world. 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). This index is a modified Finger-Kreinin measure of similarity in trade. For more information, please consult the article of Finger, J. M. and M. E. Kreinin (1979), “A measure of ‘export similarity’ and its possible uses” in the Economic Journal , 89: 905-12.