Liberia vs Sub-Saharan Africa: Import product diversification index
Import product diversification index over time
- Liberia
- Sub-Saharan Africa
How they compare
Liberia currently reports 0.871 against 0.3114 in Sub-Saharan Africa, a difference of 0.5596.
That makes Liberia's figure about 2.8 times Sub-Saharan Africa's.
Across all 17 years both countries report, Liberia has been ahead every year.
Liberia ranks 1st and Sub-Saharan Africa ranks 2nd of 53 countries.
Liberia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Liberia | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.8807 | 0.2879 | 0.5928 | Liberia |
| 2000s | 0.8559 | 0.2904 | 0.5655 | Liberia |
| 2010s | 0.8498 | 0.3036 | 0.5462 | Liberia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher import product diversification index, Liberia or Sub-Saharan Africa?
- Liberia, at 0.871 against 0.3114 in Sub-Saharan Africa as of 2011.
- What is the difference in import product diversification index between Liberia and Sub-Saharan Africa?
- 0.5596, with Liberia ahead.
- How many years of comparable data are there for Liberia and Sub-Saharan Africa?
- 17 years are reported by both, from 1995 to 2011.
- How do Liberia and Sub-Saharan Africa rank globally for import product diversification index?
- Liberia ranks 1st and Sub-Saharan Africa ranks 2nd 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.