Cape Verde vs Malawi: Import product diversification index
Import product diversification index over time
- Cape Verde
- Malawi
How they compare
Cape Verde currently reports 0.5316 against 0.5282 in Malawi, a difference of 0.0034.
The two have swapped places 4 times across 17 shared years of data; in 1995 it was Cape Verde ahead.
Cape Verde ranks 15th and Malawi ranks 17th of 53 countries.
Across the 3 decades both report, Cape Verde averaged higher in 1 and Malawi in 2.
Head to head by decade
| Decade | Cape Verde | Malawi | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.4846 | 0.4754 | 0.0093 | Cape Verde |
| 2000s | 0.4792 | 0.5078 | 0.0285 | Malawi |
| 2010s | 0.5018 | 0.5203 | 0.0185 | Malawi |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher import product diversification index, Cape Verde or Malawi?
- Cape Verde, at 0.5316 against 0.5282 in Malawi as of 2011.
- What is the difference in import product diversification index between Cape Verde and Malawi?
- 0.0034, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Malawi?
- 17 years are reported by both, from 1995 to 2011.
- How do Cape Verde and Malawi rank globally for import product diversification index?
- Cape Verde ranks 15th and Malawi ranks 17th 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.