Central African Republic vs Guinea: Import product diversification index

Central African Republic
0.5248
in 2011
Guinea
0.5207
in 2011
Central African Republic rank
18th
Guinea rank
20th

Import product diversification index over time

  • Central African Republic
  • Guinea
00.20.40.6199520032011

How they compare

Central African Republic currently reports 0.5248 against 0.5207 in Guinea, a difference of 0.0041.

The two have swapped places 5 times across 17 shared years of data; in 1995 it was Guinea ahead.

Central African Republic ranks 18th and Guinea ranks 20th of 53 countries.

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

Head to head by decade

Decade Central African Republic Guinea Difference Ahead
1990s 0.4774 0.4866 0.0092 Guinea
2000s 0.5053 0.5269 0.0216 Guinea
2010s 0.5215 0.5149 0.0066 Central African Republic

Averages of every year both report within each decade.

Frequently asked questions

Which has higher import product diversification index, Central African Republic or Guinea?
Central African Republic, at 0.5248 against 0.5207 in Guinea as of 2011.
What is the difference in import product diversification index between Central African Republic and Guinea?
0.0041, with Central African Republic ahead.
How many years of comparable data are there for Central African Republic and Guinea?
17 years are reported by both, from 1995 to 2011.
How do Central African Republic and Guinea rank globally for import product diversification index?
Central African Republic ranks 18th and Guinea ranks 20th 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.