Export product diversification index in Benin

Benin: Export product diversification index was 0.7671 in 2011. ▼ Falling

Latest (2011)
0.7671
Change on year
up 0.9%
World rank
21st
of 53 countries
All-time high
0.8269
in 1999
All-time low
0.7413
in 2008
Years of data
17
1995–2011

Export product diversification index in Benin, 1995–2011

00.20.40.60.81995200320111995: 0.7681996: 0.7951997: 0.8151998: 0.8231999: 0.8272000: 0.8022001: 0.8132002: 0.7862003: 0.8122004: 0.7922005: 0.7782006: 0.7632007: 0.7832008: 0.7412009: 0.7612010: 0.7612011: 0.767

Source: UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/).

Analysis

In 2011, export product diversification index in Benin stood at 0.7671.

That represents a change of up 0.9% on the previous year and down 5.7% over ten years.

Over the whole period, export product diversification index in Benin peaked at 0.8269 in 1999 and was at its lowest, 0.7413, in 2008.

Benin ranks 21st of 53 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.8053 0.7675 0.8269 5
2000s 0.7833 0.7413 0.8132 10
2010s 0.7638 0.7605 0.7671 2

Countries ranked near Benin

  1. 18 Sudan 0.7858 compare
  2. 19 Libya 0.785 compare
  3. 20 Democratic Republic of Congo 0.7839 compare
  4. 22 Namibia 0.7642 compare
  5. 23 Tanzania 0.7622 compare
  6. 24 Madagascar 0.7605 compare

See the full ranking of 55 places →

More trade data for Benin

All data for Benin →

Frequently asked questions

What is export product diversification index in Benin?
Export product diversification index in Benin was 0.7671 in 2011, according to UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/).
What is the highest export product diversification index recorded in Benin?
The highest recorded value was 0.8269 in 1999.
What is the lowest export product diversification index recorded in Benin?
The lowest recorded value was 0.7413 in 2008.
How does Benin rank for export product diversification index?
Benin ranks 21st out of 53 countries with data for 2011.
Is export product diversification index rising or falling in Benin?
Over the last ten years it is down 5.7%. The long-run trend across the full record is falling.
Where does this Benin data come from?
The figures come from UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/), published as part of Export product diversification index. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Export product diversification index
Source
UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
55 places, 935 data points, 1995–2011
Last refreshed

The diversification index signals whether the structure of exports by product of a given country or group of countries differ from the structure of product of the world. Diversification index is computed by measuring absolute deviation of the country share from world structure. Diversification index that ranges from 0 to 1 reveals the extent of the differences between the structure of trade of the country or country group and the world average. The index value closer to 1 indicates a bigger difference from the world average. It is constructed as the inverse of a Herfindahl index, using disaggregated exports at 4 digits (following the STIC3).