Export Diversification, Theil index in Azerbaijan, Republic of
Azerbaijan, Republic of: Export Diversification, Theil index was 6.01 in 2014. ◆ Volatile
Export Diversification, Theil index in Azerbaijan, Republic of, 1962–2014
Source: International Monetary Fund.
Analysis
Azerbaijan, Republic of recorded 6.01 for export diversification, theil index in 2014.
That represents a change of up 1.0% on the previous year and up 25.6% over ten years.
Over the whole period, export diversification, theil index in Azerbaijan, Republic of peaked at 6.06 in 2011 and was at its lowest, 0, in 1962.
Azerbaijan, Republic of ranks 5th of 189 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 | 0 | 0 | 8 |
| 1970s | 0 | 0 | 0 | 10 |
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 2.68 | 0 | 4.36 | 10 |
| 2000s | 5.27 | 4.46 | 5.84 | 10 |
| 2010s | 5.98 | 5.9 | 6.06 | 5 |
Countries ranked near Azerbaijan, Republic of
More trade data for Azerbaijan, Republic of
- Extensive Margin, Theil index 0.1027 (2014)
- Intensive Margin, Theil index 5.91 (2014)
- Total current account debit/expenditure, Debit/Expenditure 33.28 billion (2024)
- Goods, Debit/Expenditure 17.17 billion (2024)
- Primary income, Debit/Expenditure 5.33 billion (2024)
- Services, Debit/Expenditure 10.17 billion (2024)
- Secondary income, Debit/Expenditure 614.80 million (2024)
- Total capital account debit/expenditure, Debit/Expenditure 3.22 million (2024)
- Milking, dairy machinery (trade) — Import Value 5,349 1000 USD (2008)
- Imports of goods and services, US dollar (Balance of Payments and) 26.22 billion (2030)
Frequently asked questions
- What is export diversification, theil index in Azerbaijan, Republic of?
- Export diversification, theil index in Azerbaijan, Republic of was 6.01 in 2014, according to International Monetary Fund.
- What is the highest export diversification, theil index recorded in Azerbaijan, Republic of?
- The highest recorded value was 6.06 in 2011.
- What is the lowest export diversification, theil index recorded in Azerbaijan, Republic of?
- The lowest recorded value was 0 in 1962.
- How does Azerbaijan, Republic of rank for export diversification, theil index?
- Azerbaijan, Republic of ranks 5th out of 189 countries with data for 2014.
- Is export diversification, theil index rising or falling in Azerbaijan, Republic of?
- Over the last ten years it is up 25.6%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan, Republic of data come from?
- The figures come from International Monetary Fund, published as part of Export Diversification, Theil index. Statizoid updates them automatically from the source API.
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About this data
Covers 200 countries with data from 1962 to 2014. It has three main indicators: the Export Diversification Index, which can be disaggregated into sub-indices covering the Extensive Margin and the Intensive Margin. As these are Theil indices, higher values for all three correspond to lower export diversification.