Cape Verde vs Eritrea: Import product diversification index
Import product diversification index over time
- Cape Verde
- Eritrea
How they compare
Eritrea currently reports 0.5402 against 0.5316 in Cape Verde, a difference of 0.0086.
The two have swapped places 8 times across 17 shared years of data; in 1995 it was Eritrea ahead.
Cape Verde ranks 15th and Eritrea ranks 12th of 53 countries.
Eritrea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cape Verde | Eritrea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.4846 | 0.503 | 0.0183 | Eritrea |
| 2000s | 0.4792 | 0.5064 | 0.0272 | Eritrea |
| 2010s | 0.5018 | 0.5465 | 0.0447 | Eritrea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher import product diversification index, Cape Verde or Eritrea?
- Eritrea, at 0.5402 against 0.5316 in Cape Verde as of 2011.
- What is the difference in import product diversification index between Cape Verde and Eritrea?
- 0.0086, with Eritrea ahead.
- How many years of comparable data are there for Cape Verde and Eritrea?
- 17 years are reported by both, from 1995 to 2011.
- How do Cape Verde and Eritrea rank globally for import product diversification index?
- Cape Verde ranks 15th and Eritrea ranks 12th 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.