Export Diversification, Theil index in Mongolia
Mongolia: Export Diversification, Theil index was 4.67 in 2014. βΌ Falling
Export Diversification, Theil index in Mongolia, 1962β2014
Source: International Monetary Fund.
Analysis
In 2014, export diversification, theil index in Mongolia stood at 4.67.
Compared with earlier readings it is up 5.7% on the previous year and up 9.2% over ten years.
Over the whole period, export diversification, theil index in Mongolia peaked at 5.98 in 1962 and was at its lowest, 2.92, in 1990.
That places Mongolia 43rd out of 189 countries with data for 2014, putting it in the top quarter.
The long-run direction has been consistently falling across the 53 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.52 | 5.23 | 5.98 | 8 |
| 1970s | 4.15 | 3.38 | 4.7 | 10 |
| 1980s | 3.98 | 3.11 | 4.78 | 10 |
| 1990s | 3.57 | 2.92 | 4.09 | 10 |
| 2000s | 4.29 | 4.15 | 4.57 | 10 |
| 2010s | 4.5 | 4.42 | 4.67 | 5 |
Countries ranked near Mongolia
- 40 Aruba, Kingdom of the Netherlands 4.71 compare
- 41 Kazakhstan, Republic of 4.7 compare
- 42 Qatar 4.68 compare
- 44 Iran, Islamic Republic of 4.64 compare
- 45 Congo, Democratic Republic of the 4.64 compare
- 46 Zambia 4.61 compare
More trade data for Mongolia
- Extensive Margin, Theil index 0.1249 (2014)
- Intensive Margin, Theil index 4.54 (2014)
- Total current account debit/expenditure, Debit/Expenditure 19.96 billion (2024)
- Goods, Debit/Expenditure 11.67 billion (2024)
- Primary income, Debit/Expenditure 3.23 billion (2024)
- Services, Debit/Expenditure 4.92 billion (2024)
- Secondary income, Debit/Expenditure 141.55 million (2024)
- Total capital account debit/expenditure, Debit/Expenditure 11.95 million (2024)
- Milking, dairy machinery (trade) β Import Value 40 1000 USD (2008)
- Ploughs (e.g. reversible and non-reversible ploughs) β Import Value 7 1000 USD (2008)
Frequently asked questions
- What is export diversification, theil index in Mongolia?
- Export diversification, theil index in Mongolia was 4.67 in 2014, according to International Monetary Fund.
- What is the highest export diversification, theil index recorded in Mongolia?
- The highest recorded value was 5.98 in 1962.
- What is the lowest export diversification, theil index recorded in Mongolia?
- The lowest recorded value was 2.92 in 1990.
- How does Mongolia rank for export diversification, theil index?
- Mongolia ranks 43rd out of 189 countries with data for 2014.
- Is export diversification, theil index rising or falling in Mongolia?
- Over the last ten years it is up 9.2%. The long-run trend across the full record is falling.
- Where does this Mongolia 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 Β· JSON β 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.