Burkina Faso vs Ethiopia: Import product diversification index
Import product diversification index over time
- Burkina Faso
- Ethiopia
How they compare
Burkina Faso currently reports 0.5119 against 0.5033 in Ethiopia, a difference of 0.0086.
Across all 17 years both countries report, Burkina Faso has been ahead every year.
Burkina Faso ranks 25th and Ethiopia ranks 28th of 53 countries.
Burkina Faso has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Burkina Faso | Ethiopia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.4839 | 0.4608 | 0.0231 | Burkina Faso |
| 2000s | 0.5124 | 0.4837 | 0.0287 | Burkina Faso |
| 2010s | 0.5151 | 0.5019 | 0.0132 | Burkina Faso |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher import product diversification index, Burkina Faso or Ethiopia?
- Burkina Faso, at 0.5119 against 0.5033 in Ethiopia as of 2011.
- What is the difference in import product diversification index between Burkina Faso and Ethiopia?
- 0.0086, with Burkina Faso ahead.
- How many years of comparable data are there for Burkina Faso and Ethiopia?
- 17 years are reported by both, from 1995 to 2011.
- How do Burkina Faso and Ethiopia rank globally for import product diversification index?
- Burkina Faso ranks 25th and Ethiopia ranks 28th 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.