Central African Republic vs Congo: Import product diversification index

Central African Republic
0.5248
in 2011
Congo
0.5312
in 2011
Central African Republic rank
18th
Congo rank
16th

Import product diversification index over time

  • Central African Republic
  • Congo
00.20.40.6199520032011

How they compare

Congo currently reports 0.5312 against 0.5248 in Central African Republic, a difference of 0.0064.

The two have swapped places 6 times across 17 shared years of data; in 1995 it was Congo ahead.

Central African Republic ranks 18th and Congo ranks 16th of 53 countries.

Across the 3 decades both report, Central African Republic averaged higher in 1 and Congo in 2.

Head to head by decade

Decade Central African Republic Congo Difference Ahead
1990s 0.4774 0.5244 0.047 Congo
2000s 0.5053 0.4757 0.0296 Central African Republic
2010s 0.5215 0.5281 0.0066 Congo

Averages of every year both report within each decade.

Frequently asked questions

Which has higher import product diversification index, Central African Republic or Congo?
Congo, at 0.5312 against 0.5248 in Central African Republic as of 2011.
What is the difference in import product diversification index between Central African Republic and Congo?
0.0064, with Congo ahead.
How many years of comparable data are there for Central African Republic and Congo?
17 years are reported by both, from 1995 to 2011.
How do Central African Republic and Congo rank globally for import product diversification index?
Central African Republic ranks 18th and Congo ranks 16th 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

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.