Democratic Republic of Congo vs Nigeria: Import product diversification index
Import product diversification index over time
- Democratic Republic of Congo
- Nigeria
How they compare
Democratic Republic of Congo currently reports 0.455 against 0.4292 in Nigeria, a difference of 0.0258.
That makes Democratic Republic of Congo's figure about 1.1 times Nigeria's.
The two have swapped places 2 times across 17 shared years of data; in 1995 it was Democratic Republic of Congo ahead.
Democratic Republic of Congo ranks 45th and Nigeria ranks 47th of 53 countries.
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.