Egypt, Arab Rep. vs Nigeria: Import product diversification index
Import product diversification index over time
- Egypt, Arab Rep.
- Nigeria
How they compare
Nigeria currently reports 0.4292 against 0.3951 in Egypt, Arab Rep., a difference of 0.0341.
That makes Nigeria's figure about 1.1 times Egypt, Arab Rep.'s.
The two have swapped places 5 times across 17 shared years of data; in 1995 it was Egypt, Arab Rep. ahead.
Egypt, Arab Rep. ranks 48th and Nigeria ranks 47th of 53 countries.
Across the 3 decades both report, Egypt, Arab Rep. averaged higher in 1 and Nigeria in 2.
Head to head by decade
| Decade | Egypt, Arab Rep. | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.4392 | 0.426 | 0.0132 | Egypt, Arab Rep. |
| 2000s | 0.4484 | 0.4687 | 0.0203 | Nigeria |
| 2010s | 0.3927 | 0.4346 | 0.0418 | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher import product diversification index, Egypt, Arab Rep. or Nigeria?
- Nigeria, at 0.4292 against 0.3951 in Egypt, Arab Rep. as of 2011.
- What is the difference in import product diversification index between Egypt, Arab Rep. and Nigeria?
- 0.0341, with Nigeria ahead.
- How many years of comparable data are there for Egypt, Arab Rep. and Nigeria?
- 17 years are reported by both, from 1995 to 2011.
- How do Egypt, Arab Rep. and Nigeria rank globally for import product diversification index?
- Egypt, Arab Rep. ranks 48th and Nigeria ranks 47th 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.