Export Diversification, Theil index in Somalia
Somalia: Export Diversification, Theil index was 4.77 in 2014. ▼ Falling
Export Diversification, Theil index in Somalia, 1962–2014
Source: International Monetary Fund.
Analysis
Somalia recorded 4.77 for export diversification, theil index in 2014.
That represents a change of up 1.6% on the previous year and up 24.7% over ten years.
Over the whole period, export diversification, theil index in Somalia peaked at 5.33 in 1965 and was at its lowest, 2.91, in 2002.
That places Somalia 39th 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 | 4.88 | 4.49 | 5.33 | 8 |
| 1970s | 4.14 | 3.89 | 4.44 | 10 |
| 1980s | 4.54 | 4.11 | 4.76 | 10 |
| 1990s | 4.43 | 3.96 | 5.06 | 10 |
| 2000s | 3.68 | 2.91 | 4.57 | 10 |
| 2010s | 4.74 | 4.69 | 4.84 | 5 |
Countries ranked near Somalia
- 36 São Tomé and Príncipe, Democratic Republic of 4.82 compare
- 37 Central African Republic 4.81 compare
- 38 Comoros, Union of the 4.79 compare
- 40 Aruba, Kingdom of the Netherlands 4.71 compare
- 41 Kazakhstan, Republic of 4.7 compare
- 42 Qatar 4.68 compare
More trade data for Somalia
- Extensive Margin, Theil index 1.43 (2014)
- Intensive Margin, Theil index 3.35 (2014)
- Imports of goods and services, US dollar (Balance of Payments and) 14.55 billion (2030)
- Exports of goods and services, US dollar (Balance of Payments and) 4.18 billion (2030)
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 1.35 million FAO, current US$ (2010)
- Food imports excluding fish 313.48 million FAO, current US$ (2010)
- Total agricultural imports 376.15 million FAO, current US$ (2010)
- Cereal imports 122.56 million FAO, current US$ (2010)
- Cereal imports quantity 362,697 FAO, tonnes (2010)
Frequently asked questions
- What is export diversification, theil index in Somalia?
- Export diversification, theil index in Somalia was 4.77 in 2014, according to International Monetary Fund.
- What is the highest export diversification, theil index recorded in Somalia?
- The highest recorded value was 5.33 in 1965.
- What is the lowest export diversification, theil index recorded in Somalia?
- The lowest recorded value was 2.91 in 2002.
- How does Somalia rank for export diversification, theil index?
- Somalia ranks 39th out of 189 countries with data for 2014.
- Is export diversification, theil index rising or falling in Somalia?
- Over the last ten years it is up 24.7%. The long-run trend across the full record is falling.
- Where does this Somalia 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.