Export Diversification, Theil index in Iceland
Iceland: Export Diversification, Theil index was 4.07 in 2014. ▼ Falling
Export Diversification, Theil index in Iceland, 1962–2014
Source: International Monetary Fund.
Analysis
Iceland recorded 4.07 for export diversification, theil index in 2014.
The figure is up 4.1% on the previous year and up 7.5% over ten years.
Over the whole period, export diversification, theil index in Iceland peaked at 4.5 in 1962 and was at its lowest, 3.73, in 2003.
Iceland ranks 65th of 189 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 53 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.34 | 4.09 | 4.5 | 8 |
| 1970s | 4.24 | 4.19 | 4.29 | 10 |
| 1980s | 4.22 | 4.07 | 4.44 | 10 |
| 1990s | 4.16 | 3.94 | 4.43 | 10 |
| 2000s | 3.85 | 3.73 | 4 | 10 |
| 2010s | 4.01 | 3.91 | 4.07 | 5 |
Countries ranked near Iceland
- 62 Bolivia 4.14 compare
- 63 Bahamas, The 4.14 compare
- 64 Côte d'Ivoire 4.13 compare
- 66 Costa Rica 4.07 compare
- 67 Anguilla, United Kingdom-British Overseas Territory 4.05 compare
- 68 Gambia, The 3.99 compare
More trade data for Iceland
- Extensive Margin, Theil index 0.1393 (2014)
- Intensive Margin, Theil index 3.93 (2014)
- Total current account debit/expenditure, Debit/Expenditure 16.68 billion (2024)
- Goods, Debit/Expenditure 9.30 billion (2024)
- Primary income, Debit/Expenditure 1.43 billion (2024)
- Services, Debit/Expenditure 5.16 billion (2024)
- Secondary income, Debit/Expenditure 786.49 million (2024)
- Total capital account debit/expenditure, Debit/Expenditure 35.98 million (2024)
- Milking, dairy machinery (trade) — Import Value 5,815 1000 USD (2008)
- CO2 emissions embodied in gross exports, Metric ton of CO₂ equivalent 5.08 (2021)
Frequently asked questions
- What is export diversification, theil index in Iceland?
- Export diversification, theil index in Iceland was 4.07 in 2014, according to International Monetary Fund.
- What is the highest export diversification, theil index recorded in Iceland?
- The highest recorded value was 4.5 in 1962.
- What is the lowest export diversification, theil index recorded in Iceland?
- The lowest recorded value was 3.73 in 2003.
- How does Iceland rank for export diversification, theil index?
- Iceland ranks 65th out of 189 countries with data for 2014.
- Is export diversification, theil index rising or falling in Iceland?
- Over the last ten years it is up 7.5%. The long-run trend across the full record is falling.
- Where does this Iceland 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.
Download this data
CSV · JSON — 53 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.