Export Diversification, Theil index in Libya
Libya: Export Diversification, Theil index was 5.8 in 2014. ▼ Falling
Export Diversification, Theil index in Libya, 1962–2014
Source: International Monetary Fund.
Analysis
Libya recorded 5.8 for export diversification, theil index in 2014.
That represents a change of down 4.6% on the previous year and down 4.5% over ten years.
Over the whole period, export diversification, theil index in Libya peaked at 6.4 in 1971 and was at its lowest, 5.39, in 1995.
That places Libya 9th out of 189 countries with data for 2014, putting it in the top 10%.
The long-run direction has been consistently falling across the 53 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.28 | 5.85 | 6.39 | 8 |
| 1970s | 6.26 | 6.11 | 6.4 | 10 |
| 1980s | 5.93 | 5.63 | 6.18 | 10 |
| 1990s | 5.6 | 5.39 | 5.76 | 10 |
| 2000s | 6.04 | 5.88 | 6.13 | 10 |
| 2010s | 6 | 5.8 | 6.17 | 5 |
Countries ranked near Libya
More trade data for Libya
- Extensive Margin, Theil index 0.9506 (2014)
- Intensive Margin, Theil index 4.85 (2014)
- Total current account debit/expenditure, Debit/Expenditure 40.00 billion (2023)
- Goods, Debit/Expenditure 23.23 billion (2023)
- Primary income, Debit/Expenditure 1.85 billion (2023)
- Services, Debit/Expenditure 10.05 billion (2023)
- Secondary income, Debit/Expenditure 4.87 billion (2023)
- Total capital account debit/expenditure, Debit/Expenditure 0 (2023)
- Milking, dairy machinery (trade) — Import Value 8,301 1000 USD (2007)
- Net long-term borrowing 642.00 million BoP, current US$ (2011)
Frequently asked questions
- What is export diversification, theil index in Libya?
- Export diversification, theil index in Libya was 5.8 in 2014, according to International Monetary Fund.
- What is the highest export diversification, theil index recorded in Libya?
- The highest recorded value was 6.4 in 1971.
- What is the lowest export diversification, theil index recorded in Libya?
- The lowest recorded value was 5.39 in 1995.
- How does Libya rank for export diversification, theil index?
- Libya ranks 9th out of 189 countries with data for 2014.
- Is export diversification, theil index rising or falling in Libya?
- Over the last ten years it is down 4.5%. The long-run trend across the full record is falling.
- Where does this Libya 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
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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.