Central African Republic vs Malawi: Import product diversification index

Central African Republic
0.5248
in 2011
Malawi
0.5282
in 2011
Central African Republic rank
18th
Malawi rank
17th

Import product diversification index over time

  • Central African Republic
  • Malawi
00.20.40.6199520032011

How they compare

Malawi currently reports 0.5282 against 0.5248 in Central African Republic, a difference of 0.0034.

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

Central African Republic ranks 18th and Malawi ranks 17th of 53 countries.

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

Head to head by decade

Decade Central African Republic Malawi Difference Ahead
1990s 0.4774 0.4754 0.0021 Central African Republic
2000s 0.5053 0.5078 0.0024 Malawi
2010s 0.5215 0.5203 0.0012 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 Malawi?
Malawi, at 0.5282 against 0.5248 in Central African Republic as of 2011.
What is the difference in import product diversification index between Central African Republic and Malawi?
0.0034, with Malawi ahead.
How many years of comparable data are there for Central African Republic and Malawi?
17 years are reported by both, from 1995 to 2011.
How do Central African Republic and Malawi rank globally for import product diversification index?
Central African Republic ranks 18th 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

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.