Burkina Faso vs Burundi: Import product diversification index
Import product diversification index over time
- Burkina Faso
- Burundi
How they compare
Burkina Faso currently reports 0.5119 against 0.5049 in Burundi, a difference of 0.007.
The two have swapped places 8 times across 17 shared years of data; in 1995 it was Burkina Faso ahead.
Burkina Faso ranks 25th and Burundi ranks 27th of 53 countries.
Across the 3 decades both report, Burkina Faso averaged higher in 2 and Burundi in 1.
Head to head by decade
| Decade | Burkina Faso | Burundi | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.4839 | 0.4836 | 0.0003 | Burkina Faso |
| 2000s | 0.5124 | 0.5155 | 0.0032 | Burundi |
| 2010s | 0.5151 | 0.5108 | 0.0044 | Burkina Faso |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher import product diversification index, Burkina Faso or Burundi?
- Burkina Faso, at 0.5119 against 0.5049 in Burundi as of 2011.
- What is the difference in import product diversification index between Burkina Faso and Burundi?
- 0.007, with Burkina Faso ahead.
- How many years of comparable data are there for Burkina Faso and Burundi?
- 17 years are reported by both, from 1995 to 2011.
- How do Burkina Faso and Burundi rank globally for import product diversification index?
- Burkina Faso ranks 25th and Burundi ranks 27th 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 diversification index. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.